Taiwan Semiconductor Manufacturing Company (NYSE: TSM) - the world's largest semiconductor company. TSMC manufactures products for large technology companies, including Apple and Nvidia. In 2020, the company released more than 11 thousand different products using 281 separate technologies for 510 different customers..
Online pet retailer Chewy reports Q3 2021 results. The company spoke about the costs in connection with COVID-19, which can be kept in the next quarter. After the report, the shares fell by 8%, to 52 $. Compared to the same quarter last year: revenue — 2.2 billion dollars (+24%); net loss unchanged - 32 million; adjusted EBITDA — 6 million (+10%). Here are some operating figures: number of active clients — 20.4 thousand (+15%); revenue per active client - 419 $ (+15%); revenue from auto orders — 1.6 billion (+27%); share of auto orders from revenue — 71%. Chewy is a growing company, that cuts loss as sales and customer base grow. And this quarter failed to reduce the loss. The reasons are the same, like the rest: inflation, supply disruptions, persistent labor shortage. Another negative point is the slowdown in the growth of the customer base.. In 2020, in the midst of quarantine, the online store has gained an advantage. At the end of the year, the number of active clients increased by 43%. Now, due to the high base effect, growth has slowed to 15%, what investors don't like. The company itself focuses on its advantages. For example, on the size of the average check. It grows in new, and old clients. The share of auto orders from revenue is also growing. Autoorders - subscription purchases. The client selects the required products, and the company regularly delivers them. This model helps Chewy better predict its future cash flows., and also "attach" clients. According to Chewy, the shift of customers to online stores and the growth in the number of pets will help it increase revenue. The company expects an increase in revenue for this year by 25%, up to $8.9 billion. And adjusted EBITDA due to supply disruptions and other restrictions will remain the same at $85 million.. С начала года на новостях о смягчении …
Chewy reported growth in sales and expenses. Shares fell by 8% Read more
Sportswear retailer Lululemon releases Q3 2021 financial report. The company has lowered its forecast for sales of smart mirrors Mirror, after which the shares fell by 1%, to 412 $. Compared to the same quarter last year: revenue — 1.5 billion dollars (+30%); operating profit - 258 million (+26%); net profit - 188 million (+31%). How much has sales increased?: in North America - on 28%; in other countries - on 40%; comparable - on 27%. Revenue and net income were better than expected. Separately, Lululemon noted the high demand for menswear, sales of which increased by 44%. The company stated, what will fulfill the plan to double sales of menswear by the beginning of 2023. Sales of women's clothing - the retailer's main business - grew by 25%. According to the company, Online thanksgiving sales were the biggest ever. Digital sales accounted for 40% all quarterly revenue. According to Lululemon, sales in the fourth quarter and at the end of the year will be 2,2 and $ 6.3 billion. Analysts expected the same. But the company has halved the forecast for annual sales of the Mirror smart mirror, from 250 to 125 million dollars. Mirror is a smart home fitness device, which looks like a mirror with a built-in display. A year ago, in the midst of quarantine, Lululemon buys Mirror for $500 million. Lululemon changed its forecast for two reasons. The first is high competition in the market.. Second - all consumers returned to the gyms. Peloton faced the same problem. A month ago, the company announced a large quarterly loss and cut its annual sales forecast from 5,4 up to $ 4.4 billion. Since the beginning of November, Peloton shares have already dropped by 56%. And since the beginning of 2021, Lululemon shares have risen in price by 16%. Index S&P 500 за аналогичный период …
Lululemon reported better than expected, but stocks still fell Read more
Allianz Group (FROM: VAT) Is one of the world's leading insurance companies and asset managers with 100 million private and corporate clients in 70 countries.
X5 Retail Group (MCX, LSE: FIVE) — Dutch holding, owning the largest grocery retailer in Russia by revenue. The company employs more than 335 thousand employees. About X5 takes about 13% grocery retail market, gradually increasing its share in recent years.
Due to supply issues and other restrictions, the production of new iPhones 13 in September and October decreased by 20%. Factories are Standing According to Nikkei, some Chinese factories in early October did not work due to a shortage of components. Usually during this period, factories work at full capacity., collecting gadgets for the festive season.
Deere & Company (NYSE: FROM) — one of the world's largest manufacturers of agricultural machinery. The company mainly manufactures products under the John Deere brand.. Beyond agricultural machinery, Deere & Company manufactures machinery for the forestry and construction industries.
Today we have a very speculative idea: take shares in cybersecurity software maker Fortinet (NASDAQ: FTNT), in order to capitalize on the growth of these stocks after the recent fall. Growth potential and validity: 20% behind 16 Months. Why stocks can go up: the hacker threat is still relevant.
Intel Plans to IPO Mobileye Division in Mid-2022. So the company wants to attract investment in a fast-growing industry. After the press release, Intel shares are up by 8%, to 55 $. What Mobileye does - it is a chip and software developer. The company's products are used in driver assistance systems and unmanned vehicles..
Robinhood business fundamentals under attack. Green investment can be made profitable by force. GlobalFoundries turns a profit. Disclaimer: when we talk about, that something has grown, we mean a comparison with the same quarter a year earlier. Since all issuers are from the USA, then all results in dollars.