Earnings week 5: Biggest score each day
August 12, 2024
The biggest earnings score each day this week
Let's look at the highest scores for each day of week 5:
Monday: [ticker reserved for PRO members] is +42
- Nike's woes suggest running shoe competitors gaining ground
- Coming off a strong Q1 report, outlook
- Web traffic is up more than 20% QoQ
- Unique designs, elite athletes driving brand recognition
- Expanding apparel and accessory line-up
Tuesday: [ticker reserved for PRO members] is +29
- E-commerce visits are up 10% YoY
- Chipotle earnings beat bodes well for fast casual chains
- Advertising initiatives are boosting sales, awareness
- Menu price hikes, operational efficiency helping margins
Wednesday: [ticker reserved for PRO members] is +36
- Customer base is more resilient to macro pressures
- Targeting younger shoppers to expand its base
- Omnichannel, digital initiatives are driving brand loyalty
- DTC over wholesale focus is benefitting profitability
Thursday: [ticker reserved for PRO members] is +45
- Strong fiscal Q3 performance, stock price has held up
- Tax preparation volumes and pricing trends are positive
- AI integration boosting the software value proposition
- Microsoft AI partnership also aimed at cost cutting
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.