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Customer Base

All articles tagged with #customer base

finance1 year ago•1 min saved

Supermicro Faces Investor Skepticism Amid Strong Orders

JPMorgan maintains an Underweight rating on Supermicro with a $23 price target, despite the stock closing at $44.16. After meeting with management, JPMorgan reports that Supermicro's customer base remains strong, with no significant changes in order allocations, countering market speculation. The company is preparing for new product rollouts in fiscal 2025 and reassures that its Malaysia plant will ramp up as planned. Supermicro is confident in managing its working capital for a revenue base of $5.5B-$6B, and its position with Nvidia's Blackwell product line remains robust.

via Yahoo Finance|

#customer-base #finance #jpmorgan

business1 year ago•0 min saved

"Dollar Tree Raises Maximum In-Store Prices to $7"

Dollar Tree will be increasing the maximum price of items in its stores to $7 this year, citing a wealthier customer base as the reason for the change. The company's CEO announced the decision during an earnings call, revealing that their fastest-growing customer demographic consists of people earning at least $125,000 a year. This comes after Dollar Tree reported a net loss of over $1.7 billion and announced plans to close nearly 1,000 stores.

via KABC-TV|

#business #ceo #customer-base

business2 years ago•1 min saved

Jim Cramer's Insights on Apple, Nvidia, and Stock Market Earnings

CNBC's Jim Cramer defends his bullish stance on Apple, stating that analysts are too negative on the company. Cramer emphasizes Apple's strong customer base and long-term potential, highlighting its ecosystem of two billion active devices. While recent earnings data points have raised concerns, Cramer believes Apple's growth in international markets and its ability to turn new buyers into "lifetime customers" will drive future sales. He also points out that Apple's strong service revenue compensates for weakness in hardware. Cramer encourages investors to view Apple as a long-term investment opportunity.

via CNBC|

#analysts #apple #business

business2 years ago•0 min saved

Cracker Barrel Overcomes Traffic Challenges with Strong Q4 Earnings

Cracker Barrel, the popular American restaurant chain, is facing challenges due to a generation gap between its traditional customer base and younger consumers. The company is struggling to adapt to changing consumer preferences and needs, resulting in declining sales and a need for innovation to attract a wider audience.

via The Wall Street Journal|

#adaptation #business #cracker-barrel

business2 years ago•1 min saved

Planet Labs faces stock drop and missed revenue guidance.

Planet's stock dropped after the company lowered its annual revenue guidance for fiscal year 2024 to a range of $225 million to $235 million, down from its previous forecast of between $248 million to $268 million. The company also expects wider losses on an adjusted EBITDA basis. Despite this, Planet's CEO stated that the company continues to see strong demand for its proprietary data solutions. Planet reported revenue of $52.7 million for the first quarter, up 31% from the same period a year ago, but effectively flat from the prior quarter.

via CNBC|

#business #customer-base #losses