GBA Presents: House of Gummy-!

Ok it looks like we had a random Savant thought on the name a thread ago.. I thought we used it. Maybe I bought the IPO I have to check with the HF on this name.

I'll be back--

HRMY Harmony Biosciences Holdings, Inc.


$34.301.78 (+5.47%)4:00 PM 08/28/23
NASDAQ | $USD | Post-Market: $34.00 -0.30 (-0.87%) 7:02 PM
 
I could use some advice here-- China has lost it's luster. There have been a string of bad economic news to which i thought we would see massive intervention.

My sources in the HF community swear to me that the Gov is buying on the Hong Kong exchange-- Read propping up stocks. That's scary.

I guess it's good but that's scary. I am out of all of my China plays now except PDD.

Sell Today?

PDD Holdings jumps 13% to $91.30 after Q2 results beat estimates 06:43 PDD
 
Now that we are starting to think about REITS again, it's kind of fun.

I used to trade this space extremely heavy back in the day. And always had a massive amount of Kimco in the old days. I'm sure they are on tough times but I can certainly say management is some of the very best in the business..

BofA has 'overall positive view' of Kimco deal for RPT Realty » 06:15 KIM, RPT
 
Oh baby!

Forward Air upgraded to Buy from Hold at Jefferies » 05:04 FWRD

BigBear.ai initiated with a Buy at H.C. Wainwright » 06:05 BBAI

Golden Ocean reports Q2 EPS 17c, consensus 12c » 05:28 GOGL

AT&T upgraded to Buy from Neutral at Citi » 04:54 T
 
This is interesting:

Joann reports Q2 adjusted EPS ($1.44) consensus ($1.15) » 16:21 JOAN

I remember this name from 2021. It was $10. I think we made a nice daytrade or 2 day trade on the name. I had that other down and out retail stk as well the Container store.

That JOANN earn is a loss obviously and worse than expected but maybe worth a little dig here considering how much higher this used to trade for.

I don't think I've run across a Joann store! So maybe they don't even exist. Container store I got one a few blocks away in NYC.

JOANN Inc. (JOAN)-- Let me read the CC-- This could turn into a GUMMY.
NasdaqGM - NasdaqGM Real Time Price.
1.1600+0.1000(+9.43%)
At close: August 28 04:00PM EDT
1.2400+0.0800(+6.8966%) <-----------:caution:
Pre-Market:-
 
In what remains a dynamic consumer environment, we were pleased with our second quarter results, highlighted by continued progress and strong execution against our strategic priorities, which enabled us to deliver sequential top line improvement, gross margin improvement and registered solid operating performance.
Although we remain cautious due to continued uncertainty in the broader retail environment, the strategic shifts we implemented in the second quarter, combined with our ongoing cost reduction strategies, give us confidence we are on track to deliver on our full year outlook. :thumbsup:
 
In the second quarter, these opportunities translated into improved results through the deliberate pull forward of our Halloween seasonal product offering.

We saw signs of this progress in the second quarter, with continued sequential improvement, not only on top line sales, but also in our gross margin.
Importantly, our comparable sales performance during the quarter ended on a high note with July representing our strongest monthly comparable sales results in over 2 years.

You know what I like here? Is all this focus on Halloween. That's damn smart! Halloween has only grown and grown:

- Halloween seasonal product assortment. This pull forward was enabled by our strategic approach to optimize our seasonal assortments through directing investment into the seasons where we win across a number of our product categories.
Halloween is a season where few in retail can offer a more complete solution. From decorating the inside and outside of your home, crafts for kids and the materials needed to make custom costumes and seasonally themed textile projects, we appeal to customers of all ages and interests. As we plan for this year, we read the market trends on Halloween and strategically invested and pulled it forward in a way that was disruptive.
 
This is also very smart!!

Additionally, as we look to leverage the unique opportunities that JOANN has, we distorted our inventory and merchandising presentation to capitalize on the changing consumer marketplace and launched our Make Room campaign. Make Room is our uniquely curated collection of many of the products students need to decorate their dorm room or apartment as they return to college.
Our Make Room campaign was a valuable strategic play for multiple reasons: first, it allowed us to market a broad assortment of our basic products, including textiles in a new way and without deep discounts, creating a low-risk, high-reward touch point that appealed to current and new customers alike. Additionally, Make Room leaned into social media trends, where students across the country found creative ways to design their own physical happy place as they head back to campus and then post and share their creativity with their followers.
By leaning into these trends, we were able to establish JOANN as a destination for these important products, expose them to a broader assortment of our offerings and increase the relevance of JOANN to younger customers.
 
Lets Use JOANN as a Gummy Today!

JOANN Inc. (JOAN)
NasdaqGM - NasdaqGM Real Time Price.
1.1600+0.1000(+9.43%)
At close: August 28 04:00PM EDT
1.2200+0.06(+5.17%)<------------- If you play the pre take it!
Pre-Market:08:24AM EDT

I have to get my code. Which mean I have to get dressed and put pants on.>>>>>>>>>
 
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