Tag: money

On Wednesday, Roku reported their first quarter earnings. Although net loss of $9.7 million, or 9 cents a share, revenue rose to $207 million from $137 million a year earlier ago.  Also, active-account base grew by 2 million users sequentially, reaching 29.1 million in the first quarter.  And for the full year, Roku forecast $1.03 billion to $1.05 billion in revenue, slightly ahead of expectations.

This opportunity in the large streaming trend makes ROKU a great position to increase its number of users, the analysts said. As a result of its leadership in the sector, ROKU shares could soar three to

Uber makes its IPO debut Friday in one of the most anticipated IPOs in 2019.  Uber is set to price their shares at $44 to $50, given the company an immediate $80 or $90 billion market cap.

In 2018, Uber’s revenue reached $11.3 billion for the year, up 43% from 2017, but the company remains unprofitable.  Thus, tomorrow there will be winners and losers (just like with the Lyft IPO).  The losers will be the retail investors, who will be eager to jump in and get a piece of the pie.  The winners will include, Ashton Kutcher, Jay-Z, Beyonce, Gwyneth Paltrow

Beyond Meat priced its initial public offering at $25 and now the stock is up more than 200% in less than a week.  And while the S&P 500 closed down more than 1% yesterday, Beyond Meat closed the day up 6%

Beyond Meat, a maker of plant-based meat products is the new IT THING on Wall Street and sold at a supermarket and restaurant near you. 

Beyond Meat is also trailblazing a new secular movement away from animal protein.  Beef is loaded with saturated fat and many, many resources are needed to produce 1 lb of beef.  For example,   the total

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