Tag: investing

This past week Tyson Foods posted better-than-expected second-quarter sales and earnings results due to higher volumes and improved operating margin in the beef, pork, and prepared foods segments.  And those operating margins should get a little better this year, thanks to the African swine fever that has wiped out 1 million hogs in China, Europe and Southeast Asia.

Source

“This is an unusual, perhaps unprecedented time of the protein industry,” Tyson Foods, Inc. (NYSE: TSN) CEO Noel White said on Monday’s second-quarter earnings call.“In my 39 years in the business, I’ve never seen an event that has the potential to change

SeaWorld Entertainment, Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. It also operates water park attractions in Orlando, Florida; San Antonio, Texas; San Diego, California; Tampa, Florida; and Williamsburg, Virginia.

SeaWorld reported their first quarter earnings this week. The company reported a loss that narrowed to $37.0 million, or 44 cents a share, from $62.8 million, or 73 cents a share, in the

Blue Apron Holdings, Inc. operates direct-to-consumer platform that delivers original recipes, and fresh and seasonal ingredients. It also operates In addition, the company offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals; and supplies poultry, beef, and lamb.

Blue Apron is responsible for pioneering meal kits to the masses and went public in 2017.  What they didn’t realize is the barriers to entry were low and quickly faced increasing competition.

After Amazon bought Whole Foods, two weeks after Blue Apron went public, Amazon announced it was entering the meal kit business. Amazon

Do you remember FarmVille and Mafia Wars?  These hits many years ago were brought to you by Zynga through the Facebook platform.  Then afterwards, you didn’t hear from Zynga, but they were still in the background….just walking die.

Zynga Inc. reported their first quarter earnings last week.  Zynga loss of $128.8 million, or $0.14 cents a share, on sales of $265.4 million, up from $208.2 million in the same quarter a year ago.  But Revenue rose 27% to hit $265 million, exceeding the $240 million that it was targeting earlier this year for the period. The result marked the strongest quarterly revenue

Lyft will be delivering its first earnings report since its IPO after the market close on Tues. Lyft went public with shares priced at $72, opened a little over $87, but it has been all downhill from there.

On the first settlement day for Lyft shares, short sellers shorted over 6 million shares which represented about 20% of the available shares outstanding.  The drama continued when Lyft announced they were considering pursuing litigation after it accused Morgan Stanley of supporting short-selling.

Then Lyft got its first downgrade by Michael Ward of Seaport Global Securities.  He said Lyft’s current valuation bakes in “overly