Latest Most Interesting Earnings Reports: BBBY, SMPL, LEVI

Within this analysis we focus on the 3 most interesting stocks that have released the earnings reports in the past week:

  • Bed Bath & Beyond (BBBY)
  • The Simply Good Foods Company (SMPL)
  • Levi Strauss & Co. (LEVI)

The analysis will take into consideration the financial data reported in the earnings report just released (+ data of the last 5 years) and the stock price performance compared to key levels.

For each of the companies there is a chart (+ description) containing the following key levels that could be reached (or exceeded) in the coming weeks:

  • Resistance and Support (black half-lines)
  • Simple moving average 20-day (blue line), 50-day (red line) and 200-day (black line)

The explanation of financial data section can be found at the end of the article.

The information in this article is for informational purposes only and does not constitute investment advice.


Summary

Before going deeper into the individual companies, let’s see together some key data relating to the earnings report released. In particular, the following information is shown in the table:

  • EPS surprise:
    • indicates how much the EPS (Earnings-Per-Share) reported were higher / lower than analysts’ expectations
  • Stock price reaction:
    • indicates the reaction of the stock price on the day of publication of the earnings report
  • Key Data Growth:
    • indicates how much the 3 main items (revenue, net income and net margin) have increased / decreased compared to the same quarter of 12 months before
  • Trend Direction?:
    • Indicates a positive (negative) short, medium and long term trend if the stock price is above (or below) the 20, 50 and 200-day moving average.

Bed Bath & Beyond (BBBY)

Bed Bath & Beyond Inc. is a retailer offering a wide selection of domestics merchandise and home furnishings. The Company’s mission is to be trusted by its customers as the expert for the home and `heart-related` life events. These include certain life events that evoke strong emotional connections such as getting married, moving to a new home, having a baby, going to college and decorating a room, which the Company supports through its wedding and baby registries, new mover and student life programs, and its design consultation services.

FINANCIALS:

During the last quarter, BBBY reported $1.307 million in revenue, down -49,2% compared to $2.573 million reported in the same quarter 12 months earlier. In the same period, net income increased by 18,5% to -$302 million, compared to net loss of -$371 million in the previous period, while net margin was -23,1% worsened by -60,3% compared to the same quarter 12 months earlier.

Focusing on annual data, BBBY revenue in the last 4 quarters totaled $9.893 million, an decrease of -19,0% compared to $12.216 million in revenue reported 3 years ago. During the same period, BBBY reported a -179,6% decrease in net income to -$545 million, compared to $685 million net income in the previous period, while the net margin worsened by -198,2% .

KEY CHART LEVELS:

https://www.tradingview.com/x/3kx3NjWJ/

The current price of BBBY is $8,20 . The first key level to be overcome on the upside that could lead to a positive trend is the resistance at $11,47 , 39,88% away from the current price. The second key level that if exceeded to the downside could lead at the beginning of a negative trend is the support at $7,52 , -9,04% away from the current price.

Compared to the other 3 key levels to be monitored, BBBY is below the 20-day moving average , which indicates the presence of a negative short-term trend, above the 50-day moving average which indicates the presence of a positive mid-term trend and below the 200-day moving average which indicates the presence of a negative long-term trend.


The Simply Good Foods Company (SMPL)

The Simply Good Foods Company product portfolio consists primarily of nutrition bars, ready-to-drink shakes, snacks and confectionery products marketed under the Atkins(R), SimplyProtein(R), Atkins Endulge(R) and Atkins Harvest Trail brand names.

FINANCIALS:

During the last quarter, SMPL reported $215 million in revenue, up 54,2% compared to $140 million reported in the same quarter 12 months earlier. In the same period, net income increased by 21,5% to $16 million, compared to net income of $14 million in the previous period, while net margin was 7,6% worsened by -21,2% compared to the same quarter 12 months earlier.

Focusing on annual data, SMPL revenue in the last 4 quarters totaled $734 million, an increase of 71,4% compared to $428 million in revenue reported 3 years ago. During the same period, SMPL reported a 184,0% increase in net income to $28 million, compared to $10 million net income in the previous period, while the net margin improved by 65,7% .

KEY CHART LEVELS:

https://www.tradingview.com/x/mxyDAqJi/

The current price of SMPL is $21,02 . The first key level to be overcome on the upside that could lead to a positive trend is the resistance at $22,92 , 9,04% away from the current price. The second key level that if exceeded to the downside could lead at the beginning of a negative trend is the support at $18,90 , -11,22% away from the current price.

Compared to the other 3 key levels to be monitored, SMPL is above the 20-day moving average , which indicates the presence of a positive short-term trend, above the 50-day moving average which indicates the presence of a positive mid-term trend and below the 200-day moving average which indicates the presence of a negative long-term trend.


Levi Strauss & Co. (LEVI)

Levi Strauss & Co. designs and markets jeans, casual wear and related accessories for men, women and children under the Levi’s(R), Dockers(R), Signature by Levi Strauss & Co.(TM) and Denizen(R)brands. Its products are sold through chain retailers, department stores, online sites and brand-dedicated retail stores and shop-in-shops. 

FINANCIALS:

During the last quarter, LEVI reported $498 million in revenue, down -62,1% compared to $1.313 million reported in the same quarter 12 months earlier. In the same period, net income decreased by -1389,0% to -$364 million, compared to net income of $28 million in the previous period, while net margin was -73,1% worsened by -3501,7% compared to the same quarter 12 months earlier.

Focusing on annual data, LEVI revenue in the last 4 quarters totaled $5.019 million, an increase of 10,3% compared to $4.553 million in revenue reported 3 years ago. During the same period, LEVI reported a -96,9% decrease in net income to $9 million, compared to $291 million net income in the previous period, while the net margin worsened by -97,2% .

KEY CHART LEVELS:

https://www.tradingview.com/x/Y3BWm7JY/

The current price of LEVI is $12,60 . The first key level to be overcome on the upside that could lead to a positive trend is the resistance at $14,42 , 14,44% away from the current price. The second key level that if exceeded to the downside could lead at the beginning of a negative trend is the support at $11,10 , -13,51% away from the current price.

Compared to the other 3 key levels to be monitored, LEVI is below the 20-day moving average , which indicates the presence of a negative short-term trend, below the 50-day moving average which indicates the presence of a negative mid-term trend and below the 200-day moving average which indicates the presence of a negative long-term trend.


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FINANCIAL DATA

– Explanation –

This section shows some key financial data contained in the company’s income statement, updated to the latest available earnings report. The 2 tables are as follows:

FIRST TABLE – “Key Data in the past 5 years”

“Key Data in the past 5 years” table shows the amount of Revenue, Net Income and Net Margin (the percentage of Revenue that turns into Net Income) reported in the last year or in the last 4 quarters (TTM-trailing 12-months). In the same table you can find the percentage increase (or decrease) of the 3 items in the last 3 years.

To the right of the table you find a chart containing the trend of Revenue in the last 5 years (green columns) and the trend of Net Income (red line) in the same period. Inside the same chart you will find a semi-transparent line that show the trend line of the Revenue in the last years.

This section is useful for understanding if the company has been growing in recent years.

SECOND TABLE – “Key Data in the last Earnings Report”

“Key Data in the last Earnings Report” table shows the data of the same items of the previous table, but with reference to the last earnings report released by the company in comparison with the same quarter of 12 months before.

On the right of the table you will find the relative chart containing the trend of Revenue (green columns) and Net Income (red columns) in the 2 quarters taken into consideration (current versus last year’s quarter).

This section is useful for understanding if the company has grown in the last quarter compared to the same quarter of last year.

Data are expressed in millions of dollars.


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To find out more about the Earnings Reports published on BullDude.com


Sources & additional info

*Chart by stockcharts.com
*EPS surprise and company description by barchart.com


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