Stock Talk With CK

Fastenal Company ($FAST) Earnings and Opinion: Fastenal Company is a company in the Industrials sector and operates in the Industrial Distribution industry. The company engages in the wholesale distribution of industrial and construction supplies in North America and Internationally. Fastenal was founded in 1967 and is currently headquartered in Winona, Minnesota. The company made its debut trading on the stock market in 1987. Fastenal Company EPS and Revenue (Q1 FY22): EPS of $0.47 beating expectations of $0.44 Revenue of $1.7B beating expectations of $1.68B EPS was up 27.8% (YOY) and Revenue was up 20.3% (YOY) Fastenal Company Other Highlights (Q1 FY22): Net earnings of $269.6M Operating income of $358M Fastenal Dividend Information: Dividend of $0.31 per share Dividends will equate to $1.24 per year per share Opinion: Fastenal traded higher today after reporting earnings before the stock market opened for trading this morning. The company beat revenue and EPS estimates. Fastena...

Infosys Limited ($INFY) Earnings (Q4 FY22)

Infosys Limited ($INFY) Earnings and Opinion: Infosys Limited is a company in the Technology sector and operates in the Information Technology Services industry. The company provides consulting, technology, outsourcing, and next-generation digital services all over the world. Infosys Limited was founded in 1981 and is currently headquartered in Bengaluru, India. The company made its debut on the stock market in 1999. Infosys Limited EPS and Revenue (Q4 FY22): EPS of $0.18 missing expectations of $0.19 Revenue of $4.28B missing expectations of $4.3B EPS was up 12.5% (YOY) and Revenue was up 18.4% (YOY) Infosys Limited EPS and Revenue (FY22): EPS was $0.70 missing expectations of $0.71 Revenue was $16.31B beating expectations of $16.30B EPS was up 14.7% (YOY) and Revenue was up 20% (YOY) Infosys Limited FY22 Highlights: Digital revenues at 57% of total revenues Operating margin at 23%, decline of 1.5% FCF at $3.05B, 2.8% (YOY) growth Opinion: Infosys Limited is currently trading lo...

JPMorgan Chase & Co. ($JPM) Earnings (Q1 FY22)

JPMorgan Chase & Co ($JPM) Earnings and Opinion: JPMorgan Chase & Co ($JPM) is a company in the Financial Services sector and operates in the Banks-Diversified industry. The company operates as a financial services company worldwide. JPMorgan Chase was founded in 1799 and is currently headquartered in New York, New York. The company was first trade on the stock market in 1978. JPMorgan Chase & Co EPS and Revenue (Q1 FY22): EPS of $2.63 missing expectations of $2.73 Revenue of $30.7B beating expectations of $30.46B EPS was down 42% (YOY) and Revenue was down 5% (YOY) JPMorgan Chase & Co Important Metrics: $524M loss after pull out from Russia $1.7T of liquidity sources Average loans up 5% and average deposits up 13% JPMorgan Chase & Co Dividend Information: Common Dividend of $3B, $1.00 per share $1.7B in common stock net repurchases New share repurchase program of $30B Opinion: JPMorgan Chase & Co is currently declining during trading today after reporting ...

BlackRock, Inc. ($BLK) Earnings (Q1 FY22)

BlackRock, Inc. ($BLK) Earnings and Opinion: BlackRock is a company in the Financial Services sector and operates in the Asset Management industry. The company is a publicly owned investment manager. BlackRock was founded in 1988 and is currently headquartered in New York, New York. The company was first traded on the stock market in 1999. BlackRock EPS and Revenue (Q1 FY22): EPS of $9.52 beating expectations of $8.92 Revenue of $4.7B missing expectations of $4.84B EPS was up 18% (YOY) and Revenue was up 7% (YOY) BlackRock Financial Highlights (Q1 FY22): $114B in quarterly long-term net inflows 14% increase in operating income Assets under management rose 6% to $9.6T BlackRock Share Repurchase and Dividend Information: $500M in share repurchases this quarter 18% increase in quarterly cash dividend Dividend is now $4.88 per share every quarter Opinion: BlackRock is currently trading less than 1% lower today as they reported earnings before the market opened this mornin...

Delta Air Lines, Inc. ($DAL) Earnings (Q1 FY22)

Delta Air Lines, Inc. ($DAL) Earnings and Opinion: Delta Air Lines is a company in the Industrials sector and operates in the Airlines industry. The company provides air transportation for passengers and cargo in the United States and Internationally. Delta was founded in 1924 and is currently headquartered in Atlanta, Georgia. The company made its debut on the stock market in 2007. Delta Air Lines EPS and Revenue (Q1 FY22): EPS of -$1.23 beating expectations of -$1.27 Revenue of $9.3B beating expectations of $9.01B Revenue was down 11% from 2019 levels Delta Air Lines Q1 Highlights: Adjusted operating revenue of $8.2B, 79% recovered from 2019 Generated $1.8B in operating cash flow and $197M in free cash flow $12.8B in liquidity Delta Financial Outlook (Q2 FY22): 84% recovered from 2019 levels Revenue of 93-97% of 2019 revenue levels Operating margin of 12-14% Opinion: Delta Air Lines is currently moving higher in todays trading session, and bringing most other popular airl...

Market Debrief (Tuesday April 12, 2022)

April 12, 2022

Happy Tuesday Stock Talkers! Stocks fell in the last hour of the trading session to finish down for the second day in a row. Consumer Price Index came out today at and 8.5% (YOY) increase beating expectations of 8.4%. This is the highest level we have seen in four decades. Investors started off the day seeing this as sort of a win, due to the fact that this is probably the peak that we will see inflation rise too. That all fell apart towards the end of the day though, as consumers still dread the rising prices of pretty much every good possible. We can only really rely on the Federal Reserve to implement proper policy corrections for this to ease. There's so much speculation riding around all of the policy decisions as well as when we are going to see an end to all of this. Unfortunately, with no clarity looming right now, investors are stuck wondering and contemplating all the "what if" scenarios, because right now it seems as if the market can turn so many different w...

Albertsons Companies, Inc. ($ACI) Earnings (Q4 FY21)

April 12, 2022

Albertsons Companies, Inc. ($ACI) Earnings and Opinion: Albertsons Companies is a company in the Consumer Defensive sector and operates in the Grocery Stores industry. The company has food and drug stores all across the United States. Albertsons was founded in 1860 and is currently headquartered in Boise, Idaho. The company was first introduced on the stock market in 2020. Albertsons Companies, Inc. EPS and Revenue (Q4 FY21): EPS of $0.75 beating expectations of $0.65 Revenue of $17.38B beating expectations of $16.84B EPS was up 25% (YOY) and Revenue was up 10.2% (YOY) Albertsons Companies, Inc. EPS and Revenue (FY21): EPS if $3.07 beating expectations of $2.97 Revenue of $71.89B beating expectations of $71.30B EPS was down 5.2% (YOY) and Revenue was up 3.2% (YOY) Albertsons Companies, Inc. Financial Outlook (FY22): Sales growth of around 2-3% Adjusted EBITDA of $4.15B-4.25B EPS in range of $2.70-$2.85 Capital Expenditures of $2B-2.1B Opinion: Albertsons Companies traded lower to...

CarMax Inc ($KMX) Earnings (Q4 FY22)

April 12, 2022

CarMax Inc ($KMX) Earnings and Opinion: CarMax is a company in the Consumer Cyclical sector and operates in the Auto & Truck Dealerships industry. The company operates as a used car retailer in the United States. CarMax was founded in 1993 and is currently headquartered in Richmond, Virginia. The company was first traded on the stock market in 1997. CarMax Inc EPS and Revenue (Q4 FY22): EPS of $0.98 missing expectations of $1.28 Revenue of $7.7B beating expectations of $7.57B EPS was down 22.8% (YOY) and Revenue was up 48.8% (YOY) CarMax Inc EPS and Revenue (FY22): EPS of $6.97 missing expectations of $7.30 Revenue was $31.9B beating expectations of $31.84B EPS was up 54.2% (YOY) and Revenue was up 68.3% (YOY) CarMax Inc Future Outlook: 10 new store openings in 2023 fiscal year Increase capital spending to reach long-term goals Generate between $33B and $45B in revenue by 2026 fiscal year Opinion: CarMax stock is currently getting hammered during todays trading session ...

Market Debrief (Monday April 11, 2022)

April 11, 2022

Happy Monday Stock Talkers! Stocks fell by a large margin to start out the week as we dive into the start of the corporate earnings season. Investors are still awaiting more economic data to come out from the Federal Reserve, as they plan to accelerate their curbing of inflation. The Consumer Price Index is coming out tomorrow, and it is expected to come out at 8.4% (YOY) growth, which is the largest growth we have seen since 1982. On the note of tech stocks, investors are worried about these small companies getting hit hard by the hiking of the interest rates. I think tech stocks are beside the point, and a lot of people are overlooking some very valuable companies. If you are heavy into tech stocks and understand some of these businesses, then I think you can acquire some of these companies for a pretty solid price. We will get a good preview of how these big corporations were able to handle all the inflation and supply-chain issues with fresh quarterly reports coming out from t...

Market Debrief (Friday April 8, 2022)

April 08, 2022

Happy Friday Stock Talkers! Stocks finished the week mixed, as the Dow Jones was the only major index trading higher. Investors are still eyeing the next policy moves that will be made by the Federal Reserve. Some of the members of the Fed gave their input on Friday, with James Bullard saying that he wants the rates to be near 3% to 3.25% in the second half of this year. With some other things that were mentioned Friday, investors got some clarity that positive things are still happening in the economy. It seemed as if we were going to reach another sell off phase in the middle of this week, when the Fed came out with their plan to cut assets off the balance sheet as well as get aggressive with interest rate hikes. With some clarity and some positive things actually happening, maybe we can see an increase in stock prices next week. We just see a lot of uncertainty at this time, but equity markets have the potential to get back to record highs as the uncertainty subsides and we get...

Market Debrief (Thursday April 7, 2022)

Happy Thursday Stock Talkers! Stocks had a major come back on Thursday, after trading lower for most of the day. All three major indices ended positive on the day as investors feared a 3 day-losing streak. Investors are still digesting the hawkish comments by the Fed yesterday, coming out and saying they were going to shrink the balance sheet. This task is going to be very difficult for the Fed to conquer as they try to hike interest rates as well. I feel like the next couple of months will be shaky for investors as we try to return to normal price levels and somewhat of a normal economy. The jobless claims report came out today, and lets just say that the job market is on fire right now. Jobless claims came in at 166k which 200k was expected. While there are many sectors that are on fire in the economy, we as investors will probably stay weary, due to the fact that anything can really happen at this point. Major Indices: S&P 500 4,500.2...

Lamb Weston Holdings, Inc. ($LW) Earnings (Q3 FY22)

Lamb Weston Holdings, Inc. ($LW) Earnings and Opinion: Lamb Weston Holdings, Inc. is a company in the Consumer Defensive sector and operates in the Packaged Foods industry. The company offers value-added frozen potato product worldwide. Lamb Weston Holdings was founded in 1950 and is currently headquartered in Eagle, Idaho. The company was first introduced on the stock market in 2016. Lamb Weston Holdings, Inc. EPS and Revenue (Q3 FY22): EPS of $0.73 beating expectations of $0.44 Revenue of $955M missing expectations of $962.44M EPS was up 62% (YOY) and Revenue was up 7% (YOY) Lamb Weston Holdings, Inc. Q3 Highlights: Income from Operations of $133.8M, up 33% (YOY) Net income of $106.6M, up 61% (YOY) Adjusted EBITDA of $219.6M, up 31% (YOY) Lamb Weston Holdings, Inc. FY22 Outlook: Net sales growth will be above long-term target of low-mid single digits Gross margin of 19-20% Cash used for capital expenditures of $325M Opinion: Lamb Weston Holdings is currently trading...

Conagra Brands, Inc. ($CAG) Earnings (Q3 FY22)

Conagra Brands, Inc. ($CAG) Earnings and Opinion: Conagra Brands, Inc. is a company in the Consumer Defensive sector and operates in the Packaged Foods industry. The company provides consumers packaged foods in North America. Conagra Brands was incorporated in 1919 and is currently headquartered in Chicago, Illinois. The company was first traded on the stock market in 1973. Conagra Brands, Inc. EPS and Revenue (Q3 FY22): EPS of $0.58 beating expectations of $0.57 Revenue of $2.9B beating expectations of $2.84B EPS was up 11.1% (YOY) and Revenue was up 6.8% (YOY) Conagra Brands Q3 Highlights: Operating margin decreased by 387 points Adjusted Operating margin decreased by 230 basis points Conagra Updated Financial outlook for rest of FY22: Organic Net Sales is expected to increase by 4% Adjusted operating margin to be 14.5% Adjusted EPS is expected to approximately $2.35 Opinion: Conagra Brands, Inc. is currently trading even today after reporting earnings before the opening of the...

Constellation Brands, Inc. ($STZ) Earnings (Q4 FY22)

Constellation Brands, Inc. ($STZ) Earnings and Opinion: Constellation Brands, Inc. is a company in the Consumer Defensive sector and operates in the Beverages-Wine and Distilleries industry. The company produces and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. Constellation Brands was founded in 1945 and is currently headquartered in Victor, New York. The company made its debut on the stock market in 1992. Constellation Brands, Inc. EPS and Revenue (Q4 FY22): EPS of $2.37 beating expectations of $2.15 Revenue of $2.1B beating expectations of $2.02B EPS was up 30% (YOY) and Revenue was up 8% (YOY) Constellation Brands, Inc. EPS and Revenue (FY22): EPS of $10.20 beating expectations of $10.09 Revenue of $8.8B beating expectations of $8.73B EPS was up 2% (YOY) and Revenue was up 2% (YOY) Constellation Brands, Inc. Outlook (FY23): EPS of $11.15-$11.45 Operating cash flow of $2.6B-$2.8B Free cash flow of $1.3B-$1.4B Opinion: Shares of Con...

Levi Strauss & Co. ($LEVI) Earnings (Q1 FY22)

Levi Strauss & Co. ($LEVI) Earnings and Opinion: Levi Strauss & Co. is a company in the Consumer Cyclical sector and operates in the Apparel Manufacturing industry. The company manufactures and sells apparel for men, women, and children worldwide. Levi Strauss & Co was founded in 1853 and is currently headquartered in San Francisco, California. The company is fairly new to the public market with its IPO coming back in 2019. Levi Strauss & Co EPS and Revenue (Q1 FY22): EPS of $0.46 beating expectations of $0.42 Revenue of $1.6B beating expectations of $1.56B EPS was up 35% (YOY) and Revenue was up 22% (YOY) Levi Strauss & Co Q1 Financial Highlights: Gross Margin was 59.3%, up 170 basis points (YOY) Net Income was $196M, Adjusted net income was $189M Operating Margin was 14.7% Levi Strauss & Co Guidance FY22: Net Revenues growth of 11-13% Adjusted Diluted EPS of $1.50-$1.56 Opinion: Levi Strauss & Co is currently trading a tad bit higher after repo...

Market Debrief (Wednesday April 6, 2022)

Happy Wednesday Stock Talkers! Stocks were down once again Wednesday, as investors were closely following the remarks made by The Fed. The Fed was apparent on raising interest rates at more aggressive levels, but came out today and said that it will start shrinking assets off the balance sheet at a rate of $95B a month. Investors also saw that the U.S. announced some more sanctions against Russia. They added more penalties to government officials and family members and also implemented more sanctions on Russian-owned businesses and financial institutions. Developments were made yesterday that a recession could appear next year. However, most of those developments were shot down by analysts today that say the Fed is approaching this in the right way and that we may see a slowdown but not necessarily a period of negative growth in the economy. Mortgage rates were a tad bit over 5% yesterday, marking its highest point in almost a decade. A lot of people have regretted buying homes in the ...

The Simply Good Foods Company ($SMPL) Earnings (Q2 FY22)

The Simply Good Foods Company ($SMPL) Earnings and Opinion: The Simply Good Foods Company is a company in the Consumer defensive sector and operates in the Packaged Foods industry. The company is a consumer packaged food and beverage company serving both North American and International customers. Simply Good Foods was founded in 2017 and is currently headquartered in Denver, Colorado. The company was first publicly traded on the stock market in 2017. Simply Good Foods Company EPS and Revenue (Q2 FY22): EPS of $0.36 beating expectations of $0.28 Revenue of $296.7M beating expectations of $275.87M EPS was up 44% (YOY) and Revenue was up 28.7% (YOY) Simply Good Foods Company Q2 Highlights: Net Income of $18.5M Adjusted EBITDA increased 27.1% Adjusted EBITDA of $54.2M Simply Good Foods Company FY22 Outlook: Net Sales to increase 13-15% compared to last year Adjusted EBITDA grow slightly less than net sales growth rate Adjusted Diluted EPS to increase more than Adjusted EBITDA Opinio...

Tilray Brands, Inc. ($TLRY) Earnings (Q3 FY22)

Tilray Brands, Inc. ($TLRY) Earnings and Opinion: Tilray Brands is a company in the Healthcare sector and operates in the Drug Manufacturers-Specialty and Generic industry. The company creates and distributes medical cannabis products. Tilray was incorporated in 2018 and is currently headquartered in New York, New York. The company made its debut on the stock market in the middle part of 2018. Tilray Brands, Inc. EPS and Revenue (Q3 FY22): EPS of $0.09 beating expectations of -$0.08 Revenue of $152M missing expectations of $158.72M EPS was up 108.7% (YOY) and Revenue was up 23% (YOY) Tilray Brands, Inc. Q3 Highlights: Net Income of $52.5M Adjusted EBITA of $10.1M Gross Profit increased 31% (YOY) to $39.8M Tilray Brands, Inc. News and Outlook: Achieve target of $4B in revenue by end of FY24 Has a near 20% share in Germany now Maintained #1 leading market share position under intense competition Opinion: Tilray Brands, Inc. is currently moving higher in pre-market after...

RPM International Inc. ($RPM) Earnings (Q3 FY22)