Whirlpool's results were about in-line with analyst expectations, though the company did trim its full-year adjusted earnings guidance. Chairman and CEOWelcome to asking for a trend earnings season in full swing and shares of Chipotle surging here after hours, the company reporting a second quarter earnings beat just moments ago.Uh uh Sean Chipotle reports, investors clearly like what they see here.
When you go to a fast casual, like Chipotle has narrowed substantially So you've got consumers that maybe are visiting restaurants less often, but they're willing to make that trade up to some of these higher quality foods where maybe you're getting a little bit better perceived value for the money.There were even some, some of your colleagues, some financial analysts were going out there and kinda tracking portion sizes at different locations.
Uh And I would imagine from a strategic continuity aspect of uh perspective, we wouldn't really see any strategic changes.Thanks for having me and stay tuned tomorrow morning, Chipotle's outgoing CFO Jack Hartung will join Yahoo Finance's Brian Sazi. They also had the theory around getting better improvements on costs with lesser product configurations, more simple manufacturing processes.
Um As you know, the housing in particular for North America drives a big part of our business and, you know, with existing home sales yesterday, 3.89 and, and, and housing starts at 1.3 50 it is still very soft.Last time you've seen these numbers was in pretty much in 208.It is not a lack of demand. I mean, are you just seeing people hold on to their appliances longer because they're just better made.
You know, us as a company, we're as, you know, we're heavily us exposed just the nature of our business and we are by long short, the biggest manufacture of appliances in the US. So how you put it in terrors on the back and forth, you know, as you know, there's many expert opinions on this month, but right now I just won't be able to fairly compete.
I mean, but, and, and you can see that, you know, every time there's any news about inflation or potential speculation on interest rates, our stock moves significantly. That number expected to tick down to 238,000 is coming after claims hit their highest level since August last week.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »