2 hours later and we are going green from the open. This trade war headlines BS needs to stop. I can’t make this up, I leave DC, we are tanking and the trade deal is a zero(not happening). Then I land 2 hours later and the deal might happen this week, and we are ripping back to highs. Stay tuned for the close and don’t chase either.
Bears you really didn’t think you were breaking this line the first time did you??
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
Under Armour (NYSE: UAA) used to be the IT company on Wall Street with years of sales growth great than 20%, but things went left in 2017 when sales started slowing down. The shot themselves in the foot by growing to fast when their apparel started showing up in many retailers, including Kohl’s. What was once an exclusive product became a commodity. The end result was company struggled to manage inventory and saw margins decline when it had to sell surplus product at heavy discounts.
That’s when Under Armour put together turn around strategy which focused on inventory control and
Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide and operates in four segments: Energy & Chemicals; Mining, Industrial, Infrastructure & Power; Diversified Services; and Government.
Fluor Corp announced their first quarter earnings this past week and the stock price plummeted almost 25% toward a near 11-year low, while suffering their biggest-ever one-day drop, after the engineering, reported an unexpected loss, revenue that missed expectations, provided a downbeat outlook and after the chief executive had stepped down.
Profit and investor confidence in the engineering and construction company has been
While Beyond Burger made noise going public this week, Shake Shack made some noise of their own.
Shake Shack announced their quarterly earnings this past week. Despite operating expenses increasing 1% of revenue year over year, the Markets reactive positively to the numbers.
Shake Shack posted net income of $3.6 million, or 9 cents a share, compared with $3.5 million, or 13 cents a share, in the comparable year-earlier period. Revenue jumped to $132.6 million from $99.1 million, while same-store sales gained 3.6%. In addition, Shake Shack raised their full-year revenue guidance by $6 million and increased its expected same-store sales growth
Wayfair provides a variety of websites that offer an extensive selection of home furnishings and decor across all styles and price points. In addition to Wayfair.com, other websites it runs include Birch Lane and Joss & Main.
Wayfair reported first quarter earnings last week that beat revenue, but not earnings Wall Street expectations. Wayfair reported an earnings loss of $1.62 / share on revenue of $1.94 billion, a rise of 39% from the year-ago quarter.
Wayfair’s stock dropped 7% following the e-commerce-focused home furnishings retailer’s release of its first-quarter financial report. Wayfair reported strong top-line growth of 39%, with direct-to-consumer
