Motley Fool Hidden Gems Investing Earnings, Earnings, Earnings!
Jul 26, 2019
It’s a whirlwind of earnings insights! Alphabet and Starbucks shine with unexpected profit growth, while Amazon faces challenges. Facebook and Snap show surprising recoveries, exploring monetization and user engagement. The fast-food scene buzzes with impressive sales growth and international expansion. Plus, Mattel's collaboration with Blumhouse for a Magic 8-Ball film is a highlight. Finally, the group's take on economic trends and upcoming Federal Reserve strategies sets the stage for intriguing market forecasts.
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Tesla's Q2 Loss
- Tesla's Q2 loss was larger than predicted, leading to a 13% stock decline.
- Despite record deliveries and production, the lower price point of the Model 3 impacted margins.
Boston Beer's Sales Growth
- Boston Beer's Q2 sales increased by 16%, driven by non-beer brands like hard seltzer.
- Despite declining sales of its namesake Sam Adams, the company expanded with hard cider, seltzer, and kombucha.
Align Technology's Stock Drop
- Align Technology's stock dropped 30% despite solid Q2 results due to weak Q3 guidance.
- The company attributed this to lower consumer interest and sales in China.