Stock Talk With CK

  Costco Wholesale Corporation ($COST) Earnings and Opinion: Costco Wholesale Corporation is a company in the Consumer Defensive sector and operates in the Discount Stores industry. The company engages in the operation of membership warehouse, with locations all over the world. Costco Wholesale Corporation was founded in 1976 and is currently headquartered in Issaquah, Washington. The company made its debut on the stock market in 1986. Costco Wholesale Corporation Earnings Results: Revenues of $72.09B beating expectations of $71.9B Operating Income of $2.497B missing expectations of $2.588B Adjusted EPS of $4.20 beating expectations of $4.15 Comps beat on all metrics except e-commerce Opinion: Costco traded lower in Fridays session. The company reported earning after the market closed on Thursday. The earnings report was overall pretty solid, the were able to beat on Revenues and EPS. They lagged a little bit on Operating Income, but it wasn't too far off expectations. Margin on th...

  Lennar Corporation ($LEN) Earnings and Opinion: Lennar Corporation is a company in the Consumer Cyclical sector and operates in the Residential Construction industry. The company operates as a homebuilder primarily under the Lennar brand in the United States. Lennar Corporation was founded in 1954 and is currently headquartered in Miami, Florida. The company made its debut on the stock market in 1972. Lennar Corporation Earnings Results: Revenues of $8.943B missing expectations of $8.97B HB Gross Margin of 29.2% beating expectations of 28.8% Adjusted EPS of $5.18 beating expectations of $4.86 Guidance for Deliveries and Orders topped guidance HB Gross Margin guidance missed consensus estimates. Opinion: Lennar Corporation stock is currently rising this afternoon. The company reported earnings after the closing bell this afternoon. The company had a mixed earnings report with some misses, but some beats on important metrics. In comparison to competitor KB Home ($KBH), Lennar defin...

  AutoZone, Inc. ($AZO) Earnings and Opinion: AutoZone is a company in the Consumer Cyclical sector and operates in the Specialty Retail industry. The company retails and distributes automotive replacement parts and accessories. AutoZone was founded in 1979 and is currently headquartered in Memphis, Tennessee. The company made its IPO on May 1, 1991. AutoZone Earnings Results: Revenues of $5.35B beating expectations of $5.16B Gross Profit of $2.76B beating expectations of $2.68B Operating Income of $1.10B beating expectations of $1.06B Adjusted EPS of $40.51 beating expectations of $38.42 Domestic Comps of 6.2% beating expectations of 3.1% Opinion: AutoZone is currently falling a tiny bit, despite beating estimates in most metrics. The company reported earnings before the market opened this morning. However, the bearish market seems to be taking the stock down. AutoZone reported an earnings beat and showed sales growth in the quarter. We are seeing a market in which the demand for ...

Adobe Inc. ($ADBE) Earnings and Opinion:   Adobe is a company in the Technology sector and operates in the Software-Infrastructure industry. The company operates a diversified software company worldwide. Adobe was founded in 1982 and is currently headquartered in San Jose, California. The company made its IPO on the stock market on August 20, 1986. Adobe Earnings Results: Revenues of 4.433B beating expectations of $4.430B Operating Income tied with expectations of $1.955B Adjusted EPS of $3.40 beating expectations of $3.33 Revenue Guidance missed, but EPS beat Opinion: Adobe stock is currently skyrocketing lower, down about 17%. This comes after the company reported earnings before the market opened this morning. The earnings results were not too bad, at all. The guidance just missed on revenues, and the profitability metric (EPS) beat estimates. I think a lot of this falling is credited to the announcement of the merger deal with Figma. They are going to be paying $20B for this me...

  Rent the Runway, Inc. ($RENT) Earnings and Opinion: Rent the Runway is a company in the Consumer Cyclical sector and operates in the Apparel Retail industry. The company rents designer wear for women through its stores and online retail. Rent the Runway was incorporated in 2009 and is currently headquartered in Brooklyn, New York. The company made its IPO in October 27, 2021.  Rent the Runway Earnings Results: Revenues of $77M beating expectations of $74M Gross Profit of $32M beating expectations of $26M Gross Margin of 42.4% beating expectations of 35.1% Adjusted EBITDA of $1.8M beating expectations of -$3.3M EPS of -$0.53 beating expectations of -$0.65 Active Subs of 124,000 missing expectations of 144,000 Revenue guidance missed estimates for Q3 and FY Opinion: Rent the Runway is currently down over 23%, after reporting earning yesterday afternoon. The company had a decently good earnings report. The guidance is what is killing them currently. Rent the Runway announced a ...

  Oracle Corporation ($ORCL) Earnings and Opinion: Oracle is a company in the Technology sector and operates in the Software-Infrastructure industry. The company offers products and services that address enterprise information technology environments worldwide. Oracle was founded in 1977 and is currently headquartered in Austin, Texas. The company made its IPO on March 12, 1986.  Oracle Earnings Results: Revenues of $11.45B beating expectations of $11.38B Operating Profit of $4.48B beating expectations of $4.42B Adjusted EPS of $1.03 missing expectations of $1.07 FCF of $5.37B beating expectations of $4.66B Opinion:  Oracle is currently failing to find direction right now, after reporting earnings this afternoon. The stock is holding steady right now, as results looked pretty well, but the guidance that was given on the call was lower than expected. The claim the profit forecast that came in lower to a strengthening dollar against foreign currencies. The revenues jumped o...

DocuSign, Inc. ($DOCU) Earnings and Opinion: DocuSign is a company in the Technology sector and operates in the Software-Application industry. The company provides electronic signature software in the United States and internationally. DocuSign was incorporated in 2003 and is currently headquartered in San Francisco, California. The company made its debut on the stock market in 2018. DocuSign Earnings Results: Revenues of $622M beating expectations of $603M Gross Profit of $513M beating expectations of $484M Operating Profit of $112M beating expectations of $101M Adjusted EPS of $0.44 beating expectations of $0.42 Operating Cash Flow of $121M beating expectations of $110M Guidance was mixed with missed on Gross Profit in both time periods Opinion: DocuSign is currently trading higher today, after they reported earnings yesterday afternoon. The stock is up about 8% in todays trading session. They reported a solid earnings report, with some pretty solid beats. The things that stood out t...

  The Lovesac Co. ($LOVE) Earnings and Opinion: The Lovesac Co. is a company in the Consumer Cyclical sector and operates in the Furnishings, Fixtures, and Appliances industry. The company designs, manufactures, and sells furniture. The Lovesac Co. was founded in 1995 and is currently headquartered in Stamford, Connecticut. The company started trading on the stock market in 2018. The Lovesac Co. Earnings Results: Revenues of $149M beating expectations of $130M Gross Profit of $81M beating expectations of $66M Adjusted EBITDA of $14M beating expectations of $11M Adjusted EPS of $0.45 beating expectations of $0.39 Inventories of 147M beating expectations of 87M Opinion: The Lovesac Co. is currently failing to find direction, after reporting earnings before the opening of the market this morning. The company is currently trading lower, but that is weird because they beat on every single metric on the earnings report. I think the main reason for the downturn has to be due to the overlo...

  Asana, Inc. ($ASAN) Earnings and Opinion: Asana is a company in the Technology sector and operates in the Software-Application industry. The company operates a work management platform for individuals, team leads, and executives in the United States and internationally. Asana was incorporated in 2008 and is currently headquartered in San Francisco, California. The company made its debut on the stock market in 2020. Asana Earnings Results: Revenues of $135M beating expectations of $127M Gross Profit of $122M beating expectations of $113M Operating Income of -$63M beating expectations of -$72M EPS of -$0.34 beating expectations of -$0.38 Billings of $143M beating expectations of $142M Guidance beat in all categories except Operating Income for Q3 Opinion: Asana is currently soaring, after they reported earnings this afternoon. The company looked to have a really solid quarter with beats on pretty much all metrics. Guidance looked strong in terms of revenue and EPS, but Operating In...

  NIO Inc. ($NIO) Earnings and Opinion: NIO is a company in the Consumer Cyclical sector and operates in the Auto Manufacturers industry. The company manufactures and sells smart electric vehicles in China. NIO was incorporated in 2014 and is currently headquartered in Shanghai, China. The company made its debut on the stock market in 2018. NIO Earnings Results (metrics in Yen): Revenues of ¥10.29B beating expectations of ¥9.8B Gross Profit of ¥1.34B beating expectations of ¥1.21B Operating Loss of ¥2.36B beating expectations of ¥2.5B Adjusted EPS of ¥-1.34 missing expectations of ¥-1.21 Guidance came in lower than estimates for Q3 Opinion: NIO is failing to find direction, after reporting earnings before the market opened this morning. The company had some solid earnings for this previous quarter, but the guidance is holding it back a little bit. We already saw deliveries for Li Auto and XPeng give an advance look at what NIO would look like this quarter. The guidance looks pretty...

  UiPath Inc. ($PATH) Earnings and Opinion: UiPath is a company in the Technology sector and operates in the Software-Infrastructure industry. The company provides an end to end automation platform that offers a range of robotic process automation (RPA) solutions. UiPath was founded in 2005 and is currently headquartered in New York, New York. The company made its debut on the stock market in April of 2021. UiPath Earnings Results: Revenues of $242M beating expectations of $231M Operating Income of -$10M beating expectations of -$55M Adjusted EPS of -$0.02 beating expectations of -$0.11 Guidance missed estimates on all metrics Opinion: UiPath is moving about 15% lower, after reporting earnings after the closing bell yesterday. The stock had a solid earnings results from last quarter. The Revenues looked strong and profitability seemed to be coming near, after EPS and OI beats. The guidance is the main reason for the fall though. Although the guidance wasn't off by much, it was stil...

  Broadcom Inc. ($AVGO) Earnings and Opinion: Broadcom is a company in the Technology sector and operates in the Semiconductors industry. The company designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complimentary metal oxide semiconductor based devices and analog III-V based products worldwide. Broadcom was incorporated in 2018 and is currently headquartered in San Jose, California. The company made its debut on the stock market in 2009. Broadcom Earnings Results: Revenues of $8.46B beating expectations of $8.41B Gross Profit of $6.43B beating expectations of $6.41B Operating Profit of $5.2B beating expectations of $5.17B EPS of $9.73 beating expectations of $9.56 Guidance shows revenues higher than estimated but EBITDA lower than estimated Opinion:  Broadcom is up a little bit under 5%, after reporting earnings after the market closed yesterday. The company beat expectations on all the topline metrics. They had som...

  Lululemon Athletica Inc. ($LULU) Earnings and Opinion: Lululemon Athletica is a company in the Consumer Cyclical sector and operates in the Apparel Retail industry. The company designs, distributes, and retails athletic apparel and accessories for women and men. Lululemon Athletica was founded in 1998 and is currently based in Vancouver, Canada. The company made its debut on the stock market in August of 2007. Lululemon Athletica Earnings Results: Revenues of $1.87B beating expectations of $1.77B Gross Profit of $1.06B beating expectations of $994M Operating Profit of $391M beating expectations of $333M Adjusted EPS of $2.20 beating expectations of $1.86 Guidance beat on all metrics for Q3 and FY22 Opinion: Lululemon Athletica is currently soaring today after reporting earnings after the market closed yesterday. It's no surprise that the stock is moving higher, the earnings report was really solid. The stock traded lower during the session yesterday, as there was some concern tha...

  Campbell Soup Company ($CPB) Earnings and Opinion: Campbell Soup Company is a company in the Consumer Defensive sector and operates in the Packaged Foods industry. The company manufactures and markets foods and beverage products in the United States and internationally. Campbell Soup Company was founded in 1869 and is currently headquartered in Camden, New Jersey. The company made its debut on the stock market in 1954. Campbell Soup Company Earnings Results: Revenues of $1.987B missing expectations of $1.99B Gross Profit of $622M beating expectations of $615M EBIT of $269M missing expectations of $272M Adjusted EPS of $0.56 in line with expectations of $0.56 Guidance beat for Revenues and EBIT and missed on Adjusted EPS Opinion: Campbell Soup Company is currently declining a little bit, after reporting earnings before the market opened this morning. The company had a mixed earnings report, with most metrics coming in right around expectations. The decline can be credited to the p...