GBA Presents: THE BARE ESSENTIALS

Discussion in 'Stocks' started by stonedinvestor, Mar 9, 2022.

  1. WOW UNDER ARMOUR IS AN $11 STOCK<----------

    Shocking.
    Under Armour slides after supply chain issues contribute to margin woes
    May 06, 2022 7:35 AM ETUnder Armour, Inc. (UAA)
    [​IMG]


    Under Armour (NYSE:UAA) slid in early trading after falling short of estimates with its Q1 earnings report.

    Wholesale revenue increased 4% during the quarter to $829M and direct-to-consumer revenue was up 1% to $441M. E-commerce sales rose 2%. Owned and operated store revenue growth was flat during the quarter.

    YIKES- E commerce up 2% that blows!

    North America revenue increased 4% to $841M and international revenue was up 1% to $456M (+3% at a constant currency rate).

    Apparel revenue increased 8% to $877M. Footwear revenue fell 4% to $297M. Accessories revenue was down 18% to $97M.

    Gross margin decreased 350 basis points to 46.5% of sales, driven primarily by elevated freight expenses.

    Looking ahead, UAA guided for revenue growth of 5% to 7% for FY23 reflecting a mid-single-digit growth rate in North America and a low-teens growth rate in the international business. The consensus estimate was for 4% growth. Gross margin is seen falling 150 bps to 200 bps amid supply chain challenges and inflation pressures.

    "As global supply challenges and emergent COVID-19 impacts in China eventually normalize, we are confident that the strength of the Under Armour brand coupled with our powerful growth strategy positions us well to deliver sustainable, profitable returns to shareholders over the long-term," noted CEO Patrik Fisker.

    OK We May Need a New CEO here....
     
    #3301     May 6, 2022
  2. FRAUD ALERT-

    This one really smells.

    Digital Brands plunges on pricing $9.35M stock offering
    May 06, 2022 2:44 AM ETDigital Brands Group, Inc. (DBGI)
    • Digital Brands Group (NASDAQ:DBGI) plunges 46.2% after-hours Thursday after the firm has priced its underwritten public offering of 37.39M shares of its common stock at a public offering price of $0.25/share for expected gross proceeds of $9.35M.
    • Underwriters over-allotment is an additional 5.4M shares.
    • Offering is expected to close on May 10, 2022.
     
    #3302     May 6, 2022
  3. vanzandt

    vanzandt

    Here's a handful from the last couple hours

    aaon
    stla
    ptve
    nxgn
    mlco
    jnce
    ht
    epam
     
    #3303     May 6, 2022
  4. So you can't find 20? Even after all that time. Master scanner that you are--

    You could of just said Ok you were right. I go through 300 notes a day.... If anyone knows it's me.
     
    #3304     May 6, 2022
  5. BIG NEWS REV YOUR ENGINES-! THE RESULTS ARE IN-! TA DA! WHAT DO WE THINK-?

    Formula One Group reports Q1 results
    May 06, 2022 8:22 AM ETFormula One Group (FWONA)FWONB, FWONK
    • Formula One Group press release (NASDAQ:FWONA): Q1 Adjusted OIBDA of $112M.
    • Revenue of $360M (+100.0% Y/Y) beats by $99.19M.
     
    #3305     May 6, 2022
  6. :sneaky: FWONA :sneaky:
     
    #3306     May 6, 2022
  7. Someone tell me what to do I only have 200 shares in one account// Buy at open or wait?
    Or Don't buy.-- VOTE-!
     
    #3307     May 6, 2022
  8. Would you swap SIX Flags into FWONA? please help me because I have my heartstrings attached to this idea and maybe not my head.
     
    #3308     May 6, 2022
  9. Manufacturing Hiring in jobs report strong. + for economy
     
    #3309     May 6, 2022
  10. vanzandt

    vanzandt

    Ran a filter, there were 45 yesterday
    I didn't go thru todays list completely. Busy checking other things.
    But 45 yesterday alone.
     
    #3310     May 6, 2022