Latest news with #Cava
Yahoo
15 hours ago
- Business
- Yahoo
Staff strike over layoffs at Henkell Freixenet sites in Spain
Workers at Henkell Freixenet in Spain began a four day strike yesterday (27 May) in reaction to planned layoffs of almost a quarter of its staff. The company announced plans last month to cut headcount, pointing to 'existential challenges' stemming from 'extreme climatic conditions' affecting the Catalonia region. Jobs affected are in production operations at the Cava maker's Freixenet, based in Sant Sadurní d'Anoia and Segura Viudas located in Torrelavit near Barcelona. The conditions 'have created severe disruptions across the industry, pushing the Cava sector into an unprecedented crisis', the business said in its statement last month, adding 'Cava production has decreased significantly across the industry." In a statement, local union Comisiones Obreras (CCOO) said it had called "the entire workforce" to take part in the walkout "in defense of jobs at Freixenet and Segura Viudas", which commenced yesterday evening. They will end on Friday (30 May). When asked whether the strikes would continue for longer than the four days, the CCOO told Just Drinks that it could go on "if the company doesn't start bargaining". Speaking to Just Drinks, Henkell Freixenet said it "respects the workers' right to protest" and highlighted difficult growing conditions. "As we seek solutions to the existential challenges posed by Catalonia's multi-year drought, we are engaging with the workers' legal representatives to seek a constructive way forward," it added. The company said since 2022, Cava grape harvests have declined by 45% in the Penedès area of Catalonia, while raw material costs have increased. "This combination has created a profound mismatch between what the market demands and what we can actually produce, putting the long-term viability of our business at risk," it said. Henkell Freixenet had sought to furlough roughly 80% of staff – or some 615 workers – in April 2024, as drought conditions the Penedès area. However, the following month, Spain's Catalan government rejected the company's 'force majeure' reasoning for the worker stoppage. According to data from the Regulatory Board of the DO Cava and consumer research group Circana, total sector sales volumes fell 13.4% last year compared with 2023, reaching 218 million bottles. Of these, 78 million were sold in Spain, reflecting a 3.6% decline, while 140 million were exported, representing an 18.1% decrease in international sales. Henkell Freixenet was formed in 2018 following Henkell & Co.'s purchase of a majority stake in Spanish Cava producer Freixenet. Freixenet's portfolio includes Cava brands Segura Viudas and Freixenet as well as Mionetto, Henkell, Alfred Gratien, Schloss Johannisberg and Mangaroca Batida. "Staff strike over layoffs at Henkell Freixenet sites in Spain" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
American-Made Growth: 4 Top Restaurant Stocks Fueling U.S. Expansion
Quick-service restaurant (QSR) expansion is a great American investment theme. While not without risks, expansion is one of the biggest growth drivers for quick-service restaurant operators. There are a number of QSR operators that still have a long runway of expansion ahead. 10 stocks we like better than Chipotle Mexican Grill › One of the great American growth themes throughout the years has been quick-service restaurant (QSR) expansion. Success stories are abundant, with companies like McDonald's and Starbucks growing to have more than 13,000 locations in the U.S. alone. Store growth is a powerful driver and has ultimately helped propel these stocks over the years. Now, not every restaurant expansion story is successful. Some restaurant operators struggle moving outside their region, like Jack in the Box. Others fail because they become too aggressive and try to expand too quickly, taking on debt, like Krispy Kreme. That said, restaurant stocks with a lot of expansion still ahead can be great investments. Let's look at four potential great options. Chipotle Mexican Grill (NYSE: CMG) has been a restaurant expansion story for more than 20 years, and it still has a solid runway ahead. At the end of the first quarter, it operated 3,781 company-owned restaurants. It plans to open between 315 to 345 new company-owned locations in 2025, which would represent 9% unit growth this year. Over the long term, the company has talked about operating up to 7,000 locations in North America. At its current pace, it would reach its goal in the next 12 to 13 years. That's a solid runway for one of the most successful restaurant operators of the last 20 years. Meanwhile, the company has already begun to plant the seeds for international expansion. It has a few locations in Europe and plans to enter Mexico next year through a partnership agreement with Alsea. Chipotle is also currently expanding in the Middle East through a partnership with Alshaya Group, opening three restaurants in Kuwait and two in Dubai. Cava (NYSE: CAVA) has been one of the hottest restaurants over the past year, with the fast casual chain reporting four straight quarters of positive double-digit, same-store sales. The company is seeing solid traffic gains despite increased prices, which is something a younger Chipotle saw in its early days. With only 382 locations at the end of last quarter ended April 20, Cava is just at the beginning of its expansion story. The company plans to open between 64 to 68 new locations this fiscal year, which would be high-teens unit growth. Its goal is to reach at least 1,000 restaurants by 2032, which would be nearly triple the number of locations it has today. The company has been using what it calls a "coastal smile" expansion strategy, beginning its initial expansion along the U.S. East Coast, down through the Sunbelt, and into California. With this, it has been able to take advantage of population trends and focus on areas most likely interested in Mediterranean cuisine. However, it has since begun to expand into the Midwest into cities like Chicago and Detroit. The company is using a sound, measured expansion strategy that should set it up for long-term success. Coffee shop operator Dutch Bros (NYSE: BROS) has the opportunity to be the next big regional-to-national expansion story. The Pacific Northwest company currently has 1,012 shops, of which 695 were company-owned, at the end of Q1 in only 18 states. While the company primarily operates in the western U.S., it also has 27 stores in Tennessee that appear to be performing well, showing its opportunity in other areas of the country. It is currently looking to open at least 160 new locations this year, which would be about 16% unit growth. It believes it can reach 2,029 locations by the end of 2029 and sees a total market opportunity for 7,000 shops. In addition, the company has been seeing solid same-store sales and has a real opportunity to grow its sales by adding more food items to its menu. Currently, only 2% of its sales come from food, while nearly 20% of Starbucks sales are food, so this is a big opportunity. The company's stores are relatively small with no indoor seating, so its cost to build new shops is relatively inexpensive. Meanwhile, with systemwide annual unit volumes (AUV) of around $2 million per store, it tends to see short payback periods for its new opening investments. There is nothing more American than a good burger, and Shake Shack (NYSE: SHAK) arguably makes some of the best. It also has a strong expansion story in front it. At the end of 2024, it operated 579 locations, of which 373 were in the U.S. However, more than 97% of its revenue came from the U.S., and it is looking to ramp up its U.S. expansion. It plans to open 45 to 50 new company-owned locations this year, which would be mid-teens unit growth. It also plans to open between 35 to 40 licensed restaurants. The company said last quarter that it would open up the most new Shake Shack locations in its history this year, while reducing construction costs by 10% despite tariffs. It notes that it is entering new geographies and seeing a lot of success, and recently had the highest sales openings in the history of the brand in the Southwest for a suburban location with a drive-thru. New York and California are more than 30% of Shake Shack's store base, so as it sees success in new markets, it has a long runway of expansion growth in front of it. It thinks it can support at least 1,500 locations in the U.S. over the long term, which would be about quadruple the number of U.S. locations it has today. Before you buy stock in Chipotle Mexican Grill, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Chipotle Mexican Grill wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor's total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Geoffrey Seiler has positions in Shake Shack. The Motley Fool has positions in and recommends Chipotle Mexican Grill and Starbucks. The Motley Fool recommends Cava Group and Dutch Bros and recommends the following options: short June 2025 $55 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. American-Made Growth: 4 Top Restaurant Stocks Fueling U.S. Expansion was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
The restaurant industry's Q1 2025 winners and losers
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Weather and a pullback in consumer spending made Q1 2025 one of the worst quarters for restaurant chains in recent years, with brands like Wendy's, Burger King, Popeyes and Sweetgreen all posting negative same-store sales growth. Companies continued to focus on their value propositions with McDonald's rolling out its much-anticipated McValue menu in January and Chili's increasing advertising for its 3 for Me deal to better compete with QSRs. Most of last quarter's winners were not surprising; Chili's, Cava and Taco Bell continued to outperform their peers. The quarter did reveal some surprises like a rare decline in sales and traffic at Chipotle and an uptick in sales at Noodles & Company following a menu overhaul. Restaurant Dive identified winning and losing brands from publicly traded restaurant firms, based largely on same-store sales performance and the sense of momentum conveyed by earnings calls and analyst research notes. Chili's had another stellar quarter of over 30% same-store sales growth and 21% comparable traffic growth, making it a clear winner in the casual segment and the restaurant industry as a whole. The company attributed its traffic growth to operational improvements and to its advertising strategy, which has largely focused on its value proposition compared to QSR chains by emphasizing the $10.99 starting point of its 3 For Meal deal. One of its recent campaigns spoofed a payday lender to help guests cover the cost of a fast food combo meal. Operational improvements, including a new kitchen display system, helped the chain improve ticket times even as traffic surged dramatically. The KDS allows chefs to easily reference recipes instead of using hundreds of pages of reference finders. It is also upgrading equipment, such as converting to a TurboChef double batch oven from a conveyor belt oven system. Cava was the clear winner among fast casual chains and was one of the few restaurant brands to post double-digit growth during the quarter. Cava's CFO Tricia Tolivar attributed the chain's ongoing traffic and sales success to the appeal of Mediterranean cuisine and the chain's long-term strategy of keeping prices below inflation. Additionally, the chain is seeing a boost in guest engagement after changing its loyalty program to a point-based system in October. Last quarter it added 50,000 members per week, and is now approaching 8 million total members. Analyst TD Cowen believes Cava could outperform the industry this year and is on a path to reach 1,200 units by 2033, given its dominance in the underrepresented Mediterranean category. With a comparable sales increase of 4.4%, Noodles & Company posted its strongest results since Q1 2023, when comps were up over 6%. CEO Drew Madsen credited the company's menu refresh and an increase in marketing for the boost. The chain rolled out nine new and refreshed items in March several months after it added three dishes in October, as part of a turnaround strategy. A significant push in marketing, including redefining its brand strategy, emphasizing its expertise with noodles, and creating new activations across multiple media channels helped boost brand awareness, as well. The Mexican fast food chain continued to outperform its peers with a 9% increase in same-stores sales during the quarter, one percentage point higher than previous expectations. The chain, which had $2.2 million average unit volumes last year, is targeting an AUV of $3 million as part of the Relentlessly Innovative Next-Generation Growth plan it shared during the first quarter. One way Taco Bell stayed ahead of its peers was through ongoing menu innovation and LTOs, including Crispy Chicken Nuggets, Milk Bar Churros, Cheesy Dipping Burritos and Steak and Queso Crunchwrap Sliders, all of which helped boost sales. The expansion of its Luxe Cravings Box, with the addition of $5 and $9 price points, helped bring in low-income consumers. Dutch Bros posted strong system same-shop sales of 4.7% and transactions of 1.3% during the quarter, maintaining its momentum over its closest public company competitor Starbucks, which continues to suffer a sales and traffic slump. Dutch Bros' company-owned same-store sales and transactions rose higher than the system average with an increase of 6.9% and 3.7%, respectively, according to an earnings release. About 72% of its system transactions came through its loyalty program, a five-point improvement compared to the same period last year, Christine Barone, Dutch Bros CEO, said during the chain's earnings call. Its mobile order ahead channel, which launched in 2024, represented 11% of transaction mix, a three-point improvement from the fourth quarter, she said. In many of its new markets, Order Ahead is seeing transaction penetration rates nearly two times higher than the system average. The coffee chain is also in the midst of testing food to help boost incrementality during the morning and increase frequency. That test was expanded from eight to 32 units as the chain works toward a broader test and eventual rollout in 2026. During the first quarter, the chain also surpassed 1,000 units, reaching 1,012 units compared to 876 in the year-ago quarter, according to an earnings release. It is now on a path to reach 2,029 units by 2029 and said its total addressable market is over 7,000 potential units compared to a previous estimate of 4,000 units. McDonald's saw a pullback not just among low-income households, but also middle-income families during the quarter, contributing to a 3.6% decline in same-store sales in the U.S. This decrease also marked the chain's steepest decline in same-store sales since Q2 2020, when it declined 8.7%. While traffic and sales were anemic last quarter, the chain could move into the winners column later this year as the impact of its value menu takes hold — it was only released in January — and as its sees traffic boosts from popular promotions, like its Minecraft Movie deal, and the May launch of McCrispy Chicken Strips. The chain, which has been in the winner category for several quarters, posted a traffic and sales decline amid the consumer spending slowdown. Chipotle could bump back into the winner category later this year as management expects comparable sales growth in the low to mid-single digit range. If economic conditions don't change, however, those projections might be optimistic — negative traffic trends continued into April. The chain has a few tricks up its sleeve that could help drive traffic, like its Chipotle Honey Chicken LTO that launched in March and had a strong start. It also plans to ramp up marketing spend for the summer to help drive guest engagement. All three of the top publicly traded pizza chains posted negative comparable sales during the first quarter, with Domino's breaking its 10-quarter streak of same-store sales growth. Domino's has been growing its third-party delivery channel, adding DoorDash as a provider in April alongside its existing partnership with Uber Eats. The company expects third-party delivery to become a $1 billion business over time. Pizza Hut posted the biggest decline of 5% amid a tough competitive environment. It will continue to lean into product innovation and group occasions after its Stuffed Crust and Wings promotion and Ultimate Hut bundle increased check and brought in new guests. Papa Johns also had a weak quarter, with a 3% decline, despite CEO Todd Penegor's refocus on the chain's core pizza products. The company did sell 4% more pizzas in the quarter, alongside sequential improvement with multiple pizzas since Q1 2024, Penegor said during an earnings call. It also removed underperforming SKUs from its menu and continued to simplify its menu. Given the turnaround strategy has only been in effect since late last year, it could be a matter of time before Papa Johns ends up back in positive comparable traffic and sales. Recommended Reading The restaurant industry's Q4 2024 winners and losers Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
CAVA Group, Inc. (CAVA) Is a Trending Stock: Facts to Know Before Betting on It
Cava Group (CAVA) is one of the stocks most watched by visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this Mediterranean restaurant chain have returned -3.2% over the past month versus the Zacks S&P 500 composite's +13.4% change. The Zacks Retail - Restaurants industry, to which Cava belongs, has gained 5% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Cava is expected to post earnings of $0.14 per share for the current quarter, representing a year-over-year change of -17.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -17.8%. For the current fiscal year, the consensus earnings estimate of $0.58 points to a change of +38.1% from the prior year. Over the last 30 days, this estimate has changed +5.8%. For the next fiscal year, the consensus earnings estimate of $0.69 indicates a change of +17.7% from what Cava is expected to report a year ago. Over the past month, the estimate has changed -2.5%. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Cava. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. In the case of Cava, the consensus sales estimate of $289.95 million for the current quarter points to a year-over-year change of +24.2%. The $1.2 billion and $1.45 billion estimates for the current and next fiscal years indicate changes of +24.3% and +21.4%, respectively. Cava reported revenues of $331.83 million in the last reported quarter, representing a year-over-year change of +28.1%. EPS of $0.22 for the same period compares with $0.12 a year ago. Compared to the Zacks Consensus Estimate of $330.64 million, the reported revenues represent a surprise of +0.36%. The EPS surprise was +57.14%. Over the last four quarters, Cava surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Cava is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Cava. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CAVA Group, Inc. (CAVA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
20-05-2025
- Business
- Yahoo
Why Are Cava Shares Falling Despite Strong Results, and What Does It Mean for Investors?
Cava once again saw tremendous same-store sales growth in its latest quarter. The company has a huge expansion opportunity still in front of it. It has all the ingredients to be the next Chipotle-type growth story. 10 stocks we like better than Cava Group › Despite being one of the fastest-growing restaurant concepts around, Cava Group's (NYSE: CAVA) stock has failed to gain any traction this year. This was evident once again after its stock slipped despite another strong showing from the fast-casual Mediterranean-themed restaurant operator when it reported its fiscal first-quarter results. The stock is now down around 14% in 2025, as of this writing. Let's dig into the company's fiscal Q1 results to see if investors should buy the dip in the stock. Cava's string of double-digit same-store sales growth continued in its fiscal Q1, which ended April 20. Its same-restaurant sales climbed 10.8%, with a 7.5% increase in guest traffic and a 3.3% rise in price and mix. That was just ahead of the 10.3% increase that analysts had projected, as compiled by StreetAccount. It also continued its strong streak of recent same-store sales results over the past four quarters. Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Same-store sales growth 14.4% 18.1% 21.2% 10.8% Traffic 9.5% 12.9% 15.6% 7.5% Price and mix 4.9% 5.2% 5.6% 3.3% Data source: Cava Group earnings press releases. The introduction of grilled steak last summer was the catalyst for the company's strong same-store sales growth, and it said this past quarter that it was continuing to see customers add higher-priced items to its orders, such as pita chips and house-made juices. It called out strength across geographies and income brackets as well, noting that the company was benefiting from customers trading up from fast food as well as trading down from casual-dining restaurants. Its summer menu introductions this year will include chef-curated bowls and Hot Harissa Pita Chips, and it's testing new menu items such as chicken shawarma in select markets. It's also looking to help drive growth by adding a tiered structure to its loyalty program that will tailor benefits and look to increase customer engagement. Cava's overall revenue for the quarter climbed 28% year over year to $328.5 million. It opened 15 new locations in the quarter, bringing its total to 382 restaurants, an 18% year-over-year increase. It is now operating in 26 states after entering Indiana with plans to enter the new markets of Detroit and Pittsburgh later this year. Overall, it plans to open between 64 and 68 new locations in 2025. Its restaurant-level margins (RLMs) stayed steady at 25.1% in the quarter versus 25.2% a year ago. RLMs measure the profitability of restaurants before corporate costs and are an important metric in the industry. Cava's RLMs were just below the 26.2% that Chipotle Mexican Grill produced in Q1, showing how strong the company's operating performance is compared to one of the leaders in the industry. On the profitability front, Cava's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 35% year over year to $44.9 million. The company produced $38.6 million in operating cash flow in the quarter and free cash flow of $2.7 million. This demonstrates that Cava is able to expand its locations while living within its means, not taking any undue risks. Looking ahead, the company raised its 2025 adjusted EBITDA outlook, taking it from between $150 million and $157 million to a new range of $152 million to $159 million. Meanwhile, it maintained its forecast for same-store sales to increase by 6% to 8% with RLMs ranging from 24.8% to 25.2%. It implemented an approximate 1.7% price increase in early January and has no plans for additional increases. It said its exposure to tariffs is limited as the majority of its ingredients are domestically sourced or covered under existing contracts. Trading at a forward price-to-earnings (P/E) ratio of nearly 174 and a price-to-sales ratio of 9.4 based on 2025 analyst estimates, Cava stock is not cheap. And right now, valuation is the biggest risk to the stock, especially if consumer spending begins to slow. However, with fewer than 400 locations and its same-store sales booming, the company has a huge expansion opportunity in front of it. It's looking to reach at least 1,000 restaurants by 2032, which is nearly triple the number of locations it has today. Overall, Cava has all the ingredients of a highly successful emerging restaurant stock, with strong same-store sales, robust RLMs, attractive average unit volumes, and a long runway for expansion. As such, long-term investors can look to take a position in this strong story. Before you buy stock in Cava Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cava Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor's total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Geoffrey Seiler has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool recommends Cava Group and recommends the following options: short June 2025 $55 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Why Are Cava Shares Falling Despite Strong Results, and What Does It Mean for Investors? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data