Received a few emails on this GBA name.-- I have been frantically researching the various Charging names and finding holes in all their business plans. This really is going to be a race to the bottom! I just cannot recommend CHPT or BEEM but there is all this money going into the battery sector-- so I chose this high tech way of playing the sector--- We are up quite a bit but have a lot more to go--!!! STILL A BUY!!!! ENVX Enovix Corporation $11.230.36 (+3.31%)4:00 PM 03/17/23 NASDAQ | $USD | Post-Market: $11.55 +0.32 (+2.85%) 7:59 PM
Nice earnings beat.. but UH-OH Watch out below!!! >>>>Merchandise inventories were $1.6 billion, a 29.8% Y/Y increase. Outlook: Foot Locker sees FY23 comparable sales change of down 3.5% - 5.5%. It expects Adjusted FY23 EPS of $3.35 - $3.65, versus the consensus of $4.48.
Stoney it’s good seeing you act like a kid again! Forget getting old, let the curmudgeons, curmudgeon!
I like the phraseology in their report: Financial Metric Target* Total Sales Growth 5% to 6% Comparable Sales Growth 3% to 4% Square Footage Growth Approximately 5% Adj. EBIT Margin Rate 8.5% to 9% by 2026 Adj. EPS Growth Low- to mid-twenties That sounds great, except a "target" is not actual guidance is it? EPS guidance for next year missed by 25%. Iceberg at $45.75 keeping VZ in the chips.