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Jefferies analyst Akshay Jagdale asks why EBIT guidance was reduced by almost 21% or $34MM for 2H16. $FLO says that for 1H16, it was off of its targets from a sales perspective mainly due to volume declines in reaction to pricing actions. But going into 2H16, $FLO has to been more promotional to drive share gains, which will impact the top line.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.