Earnings week 8: Biggest score each day

September 3, 2024

The biggest earnings score each day this week

Let's look at the highest scores for each day of week 8:

Tuesday: [ticker reserved for PRO members] is +56

  • Solid track record of quarterly EPS outperformance
  • Golf simulators, batting cages highlight new store format
  • Consumers are being drawn to experiences instead of just price
  • Launched WBNA clothing line to capitalize on women's hoops boom
  • Partnering with major league sports teams to enhance brand strength

Wednesday: [ticker reserved for PRO members] is -44 (bearish)

  • Web visits are down more than 20% YoY
  • For some, even affordable shoes aren't fitting in the budget
  • Limited time Nike deals less appealing as brand falters
  • Profit margins are down due to store productivity
  • Upside is likely limited after an 85% 12-month gain

Thursday: [ticker reserved for PRO members] is -68 (bearish)

  • Another shoe to drop after Q1 earnings plunge?
  • Company's tone and outlook has changed dramatically
  • New business wins are getting harder to come by
  • Sudden CEO departure, layoffs adding to uncertainty
  • Hedge funds continue to exit their positions

Good luck if you decide to play these!

The earnings sheet details the best strategy for playing each one.

If you're not a member of Earnings Season Pass, be sure to check it out. You will get the full sheet with every company reporting, their earnings score, and the best way to play it.

Want deeper insights? Get Free Access to The Vault.

Related Posts

Related Posts

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
© 2024
 LikeFolio. All Rights Reserved.
LikeFolio