Reply To: Traders Market Weekly: Geopolitics, ECB and Apple


McCormick (MKC 79.46, -5.54, -6.52%): guides Q3 (Aug) EPS and revs below consensus and trims its FY22 outlook due to inflationary pressures resulting in higher price elasticity than expected as well as ongoing supply chain disruptions
American Eagle (AEO 10.06, -1.53, -13.20%): misses by $0.10, reports revs in-line; will pause dividend; plans to cut expenses and cap-ex
GameStop (GME 25.60, +1.56, +6.49%): beats by $0.07, misses on revs; enters into partnership with FTX, making company FTX’s preferred retail partner in the U.S.
Casey’s General (CASY 217.90, -3.50, -1.58%): beats by $0.41, reports revs in-line, inside comps +6.3%, fuel gallons comps -2.3%; reaffirms FY23 outlook of +4-6% inside comps and fuel gallons comps of flat to +2%
Asana (ASAN 23.54, +4.50, +23.63%): beats by $0.05, beats on revs; guides Q3 EPS in-line, revs above consensus; guides FY23 revs above consensus; expects to reach free cash flow positive before the end of CY24
Advanced Micro (AMD 80.44, +0.83, +1.04%): initiated with a Buy at Stifel
First Solar (FSLR 139.24, +4.44, +3.29%): upgraded to Buy from Sell at Goldman Sachs