Lookie Lookie.... Freeport-McMoRan director Lance buys 31,000 common shares 17:37 FCX In a regulatory filing, Freeport-McMoRan director Ryan Michael Lance disclosed the purchase of 31,000 common shares of the company on August 29 at a price of $31.8811 per share. FCX-$
CEO of Boeing Office. Enter clerk: Good News / bad News CEO Boeing: Give me the good news Sir Sir incredible news Boeing has awarded us a $5.02B Missile Defense Agency contract
CEO of Boeing: Ok the bad news. Sir the U.S. Army grounded the entire fleet of Boeing's Chinook helicopters, CEO: Why! risk of engine fires sir. CEO: You're fired.
I don't get this: Netflix names two Snapchat ad execs to develop strategy, Ad Age says 17:24 NFLX, SNAP Netflix (NFLX) has appointed two Snapchat (SNAP) ad executives, Jeremi Gorman and Peter Naylor, to spearhead the development of its global advertising strategy and develop teams to run it, wrote Parker Herren for Ad Age. They poached two execs from SNAP? or they are still working at SNAP.. this is strange.
Alright here is the key CHWY metric.. they did guide down..as well.. Chewy reports Q2 active customers 20.5M, up 2.1% y/y 16:13 CHWY Reports Q2 adjusted EBMITDA margin 3.4%, up 230bps y/y. Reports Q2 Net sales per active customer up 14.4% y/y to $462. Up 2% it's not down. Average bill up 14%<-- That's inflation but that also is good.
Holy Crap! Snap to lay off 20% of employees, The Verge says 15:46 SNAP Snap, which previously said in May that it would slow hiring and look for ways to cut costs, is planning to lay off approximately 20% of its more than 6,400 employees, people familiar with the matter tell The Verge's Alex Heath. Reference Link
Yeah they call it Autoship. You've heard of SAS... software as a service... the recurring revenue model. Lets call this DAAS.... doggyfood as a service. Up 17% yoy.
Netflix (NASDAQ:NFLX) is tapping two high-profile Snap (NYSE:SNAP) executives to help it launch an advertising-supported service tier, The Verge reported. The streaming pioneer is bringing on Snap's Chief Business Officer Jeremi Gorman, who's also Snap's top ad executive. Peter Naylor, Snap's vice president of ad sales for the Americas, is joining her in the transfer. And they're exiting alongside what look to be significant cuts at Snap's ad team, as layoffs of some 20% of the workforce at Snap are expected to begin Wednesday.
The Florida-based online pet product retailer reported net sales per active were up 14.4% to $462 and the number of autoship customers increased 17.3% to over 1.77M. Autoship customer sales as a percentage of sales rose to 73.1% from 70.3%. CEO Sumit Singh: Pet category consumers responded to growing economic uncertainty by curtailing some of their purchase activity, leading to industrywide declines in unit volume. Even as consumers pulled back in select areas, Chewy outperformed broader industry trends on the strength of our market leadership in non-discretionary, recurring-revenue categories like food and healthcare — the product categories that are most important to pet parents." Full-year revenue guidance from Chewy (CHWY) came in short of expectations ($9.9B to $10.0B vs. $10.2B to $10.4B prior view).
Yep. I saw that earlier too. SNAP is selling off on the news. Golden opportunity Here's our doggyfood as a service Here's our boy Boris. Lol... I like JB. for a New Yorker I guess. ... he's the man.