Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s industrial production rose more than expected last month, but retail sales grew more slowly in a sign that weak consumer sentiment was weighing on a recovery in the world’s second-largest economy. Industrial production grew…
Fox Factory Holding Corp. (NASDAQ:FOXF) Q1 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Toby Merchant – Chief Legal Officer, Chief Compliance Officer and SecretaryMichael Dennison – Chief Executive OfficerDennis Schemm – Chief Financial Officer and Treasurer Conference Call Participants Lawrence Solow – CJS SecuritiesJames Duffy – StifelAnna Glaessgen – B….
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Factory profits in China have retreated from a two-year high, according to official data, highlighting concerns that industrial overcapacity is complicating Beijing’s efforts to revive momentum in the world’s second-biggest economy. Industrial profits at…
ElsvanderGun Investment Thesis One of the goals of active investing for any value investor is to find great companies that will outperform the market over time. Taking a note out of Peter Lynch’s approach: to pay attention to popular trends in your everyday life, The Cheesecake Factory (NASDAQ:CAKE) is a popular restaurant chain that is…
SOPA Images/LightRocket via Getty Images Thesis Summary Today’s research article covers The Cheesecake Factory (NASDAQ:CAKE), in the consumer discretionary / restaurant sector, to which I gave a buy rating. My portfolio strategy with this stock is (stable dividend income generation and growth, capital gains). A few points supporting my rating include YoY revenue growth and…
Portra The drop in new orders was off an all-time high, while unfilled orders rose to an all-time high. Orders by major category. The headlines had a kind of shocking collapse-is-nigh quality: Manufacturing orders plunged “by the most since April 2020.” These are new orders that manufacturing sites in the US received. But the drop…
Thinkhubstudio Global manufacturing business conditions worsened for a fifteenth successive month in November, according to the latest JPMorgan Global Manufacturing Purchasing Managers’ Index™ (PMI™) compiled by S&P Global. The headline PMI – a composite index based on five survey variables – registered 49.3, up from 48.8 in October but remaining below the 50.0 no change…
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Ashley Curtis – Assistant VP, IR Steven Tanger – Executive Chair Stephen Yalof – Director, President and Chief Executive Officer Michael Bilerman – Executive Vice President and Chief Financial Officer Leslie Swanson – Executive Vice President,…
CalypsoArt Global manufacturing prices rose for a third successive month in October, according to the latest JPMorgan Global Manufacturing Purchasing Managers’ Index™ (PMI®) compiled by S&P Global, hint at some renewed upward pressure on consumer price inflation from the industrial sector. However, drilling down into the details provided by survey contributors providers some encouraging news…
Maddie Meyer Just over a year ago, I wrote on Cheesecake Factory (NASDAQ:CAKE), noting that while the lows were likely in for the stock at $26.00 and that it had a better year on deck, I saw the better opportunity being Capri Holdings (CPRI), which traded at barely ~6x FY2023 earnings vs. CAKE at ~11.0x….
champpixs Back in the spring, we outlined a successful trade on The Cheesecake Factory (NASDAQ:CAKE) that approached just about to our exit levels for 20% gains. After exiting that position in late July we were recently asked about our current position on the stock as it is down over 25% in two months. Here is…
In response to Erdogan’s proposition, Musk conveyed his enthusiasm for the Turkish market. Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk, the CEO of Tesla and SpaceX, urging him to consider establishing Tesla’s next factory in Turkey. The enticing offer was made during their meeting in New York, where Erdogan attended…
imaginima US manufacturers reported another tough month of trading in August. Output has fallen back into decline after a brief respite in July amid an increasingly steep deterioration in order books. Orders are in fact falling faster than factories are cutting output, suggesting firms will need to continue scaling back their production volumes into the…
stockstudioX/E+ via Getty Images Thesis Fox Factory Holding Corp (NASDAQ:FOXF) is ubiquitous to quality in the world of suspension. It also demonstrates strong characteristics of business quality with a compelling brand image and differentiated technological prowess. My analysis points to a 20% upside from current levels by 2024 using an exit multiple of 19x 12-month…