Reply To: Traders Market Weekly: Embrace the Chaos in 2023

#49826
Truman
Participant

CarMax (KMX 51.60, -7.77, -13.1%): misses by $0.43, misses on revs
Micron (MU 49.66, -1.53, -3.0%): misses by $0.02, misses on revs; guides FebQ EPS below consensus, revs in-line; expects improving customer inventories to enable higher revs in 2H23; announces restructuring plan in response to challenging industry conditions; to reduce headcount by approximately 10% over CY23
Under Armour C (UA 8.70, +0.07, +0.8%): appoints Stephanie Linnartz as President and CEO; effective Feb 27, 2023
Apogee Enterprises (APOG 45.95, 1.15, +2.6%): beats by $0.10, beats on revs; raises bottom end of FY23 EPS guidance
MillerKnoll (MLKN 18.70, +0.43, +2.4%): beats by $0.04, beats on revs; guides FebQ EPS in-line, revs in-line
Tesla (TSLA 138.30, +0.73, +0.5%): will offer $7,500 discounts on Model 3 and Model Y cars this month, according to Reuters