Up next: yum brands , Disney , Air BNB & More

this week in the markets disney will open their theme park marking this earnings to be the last in the red since the impact of the pandemic early 2020 resulting in the closures of their theme parks. as well as looking whether or not Toyota have finally a electric vehicle to compete with the EV market as well as ford

  • yum brands

  • Xpo logistics

  • Plug power

  • Ubi-soft
  • Wix

  • Disney

  • Toyota

  • Air BnB

set to announce their second quarter earnings since their IPO earlier this year . will be interesting to see what their plans to grow now that traveling beggins to open back up

  • Ford

  • Doordash

live nation ready for live events

with the vaccine rolls out in full swing people are now planning and artist are booking dates and corporations are planning events and live action are the in the cross fire. It looking to be big year for love nation as nothing beats a concert. I’m its first quarter earnings its revealed already the company has a quater billion in ticket sales .

omplementing our event pipeline, Ticketmaster continues to build its global client base to further accelerate its growth. This year, we have already added new clients representing over 5 million net new fee-bearing tickets, which we expect to grow further throughout the year as more venues prepare for 2022. With Ticketmaster’s client base increasingly shifting to digital ticketing, we will continue to enhance our offerings, ranging from upsell and improved advertising opportunities, as well as blockchain and NFT ability on the Ticketmaster platform.
Our brand partners remain engaged and are responding well to our reopening, and like our concerts business, our sponsorship pipeline of committed activity for 2022 is up double digits for next year relative to where it was at this time pre-pandemic in 2019 for 2020.
Like so many of you, I’m excited to get back to concerts over the next few months, and even more excited to see what I expect to be a non-stop 2022, that continues roaring into 2023 and beyond.

beyond meat reports show beyond reachable goal

Beyond meat revealed a 10% increase in their first quarter earnings to 108 million for the quarter compared to the 97 million a year earlier growth in revenues was primarily due for the increased retail sales channels partially offset by the decline in the food service channel sales due the impact of the pandemic this year will determine the future of the company and whether it can stretch the lead in the threat plant based market share

Shares of the company are down after the announcement of the report

The company outlook

Due to the pandemic the company continues to experience reduced demand in the food services locations however this is offset buy the demand in the retail stores the company is finding it hard to see a distant projection as the world continues recover from the pandemic

Beyond Meat President and CEO Ethan Brown commented, “We were pleased to see sequential improvement in our revenue growth and gross margin performance despite continued COVID-19 pressure on our foodservice business. Throughout the first quarter, we remained highly focused on investing in and building out production infrastructure in the U.S., the EU, and China; new product development and commercialisation for our strategic QSR customers and retail markets; and research and development in service to our core growth levers of taste, nutrition, and cost.”
Brown added, “As I look at the foundation we are putting in place, I have never been more optimistic about Beyond Meat’s future as a significant and enduring global protein company. More near-term, we are cautiously returning to the practice of issuing guidance, starting with net revenues, as we have recently begun to see a slow thaw occurring within foodservice both domestically and in certain international markets.”

activison is ready to repawn after the pandemic struggles

activition significantly outgrew from its initial projections from its outlook for the first quarter continuing the growth of its leading franchises

  • Activision segment revenue grew 72% year-over-year, driven by Call of Duty: Black Ops Cold War and WarzoneTM in-game revenues, strong premium sales, and Call of Duty Mobile. Segment operating income more than doubled year-over-year.
  • The introduction of Call of Duty free-to-play and mobile experiences has transformed the franchise, more than tripling franchise MAUsD over the last two years, and leading Activision to a new record of 150 million MAUsD in the first quarter.
  • Call of Duty franchise MAUsD increased sequentially and grew over 40% year-over-year in the first quarter.
  • Following its integration with Warzone, Call of Duty: Black Ops Cold War saw premium sales well above the levels typically seen in the first quarter.
  • Call of Duty in-game net bookingsC on console and PC grew more than 60% year-over-year. The first two seasons of Black Ops Cold War and Warzone content were both in the top-three seasons in Call of Duty history for in-game net bookingsC. The third season, launched in April, is sustaining this strong run-rate, tracking in-line with the first two seasons.
  • Call of Duty Mobile saw strong year-over-year growth in reach, engagement, and player investment in the first quarter, benefiting from ongoing enhancements in the West and the launch of the title in China. In the West, the March season concluded as the highest for player investment yet. Momentum has continued into the second quarter, with the April season now the top-grossing to date at this point after launch. In China, Call of Duty Mobile brought tens of millions of new players to the franchise, with player investment in the first quarter on par with the rest of the world combined.
  • The 2021 season of the professional Call of Duty LeagueTM is off to a great start, enjoying strong year-over-year growth in average minute audience through the first two stages of competition.
  • Blizzard
  • Blizzard segment revenue grew 7% year-over-year, led by strong growth in the Warcraft® franchise, with World of Warcraft’s Shadowlands expansion building on the substantial increase in scale seen since the launch of World of Warcraft Classic in 2019. Blizzard had 27 million MAUsD in the first quarter.
  • World of Warcraft’s Shadowlands expansion continued to drive strong results following its record-setting release in November, with first quarter franchise net bookingsB growing sharply year-over-year. World of Warcraft saw strong reach, engagement and participation in value added services, along with a particularly high number of new players joining the community for the first time, boosted by initiatives to enhance the onboarding experience.
  • Hearthstone®’s latest expansion, Forged in the BarrensTM, launched on March 30 and is on track to deliver expansion-over-expansion net bookingsB growth for the second consecutive release.
  • Ahead of its launch later this year, Diablo® II: Resurrected saw very positive feedback during early testing in April and online viewership of the alpha test was the highest ever for a Blizzard game test.
  • On mobile, Diablo® ImmortalTM entered its second phase of testing and is on track for global release later this year.
  • April saw Overwatch® fans around the world return to celebrate players and city-based teams in the opening weekend of the 2021 season of Overwatch LeagueTM. The league signed a multi-year partnership with Bilibili Esports for exclusive rights to broadcast league games to the platform’s passionate and growing Overwatch League fanbase in China.
    King
  • King segment revenue reached a new record, growing 22% year-over-year, driven by strong growth for Candy Crush. King had 258 million MAUsD in the first quarter.
  • King’s initiatives to broaden the payer base, deliver more frequent seasonal events and introduce compelling new features into Candy Crush and other portfolio titles drove in-game net bookingsC growth in the high-teens percentage year-over-year.
  • Candy Crush grew in-game net bookingsC very strongly year-over-year and was once again the top grossing franchise in the U.S. app stores1.
  • In-game net bookingsC for Farm HeroesTM, King’s second-largest franchise, also grew sharply year-over-year.
  • King’s in-game net bookingsC have remained strong into the second quarter, continuing to grow well year-over-year.
  • Crash Bandicoot: On The Run!TM launched on March 25 and has seen over 30 million downloads to-date.
  • King delivered 70% year-over-year growth in advertising net bookingsB in the first quarter, with significant increases across both direct brand advertisers and partner networks.

Fiverr ignores the competitions and continues to grow

Fiverr announces its first quarter earnings after the recent announcement that Microsofts linkden has entered the freelance space . With that Fiverr announced that it has one of the highest revenues recored in its history accelerating its revenue to 100% year on year.

Buyers report more frequently purchasing more expensive gigs on Fiverr business compared to their marketplace as well as their subscriptions and milestone expansion.

We continue to capitalise and execute on the ongoing digital transformation as we delivered one of the strongest quarters in Fiverr’s history with outstanding results across the board, supported by continued execution on our strategy,” said Micha Kaufman, Founder and CEO of Fiverr. “Fiverr’s business momentum remains strong and resilient as we continue to scale at accelerating levels while leading companies through this new world of work.”
Ofer Katz, Fiverr’s President and CFO, added, “We are thrilled with the Q1 results we delivered, we kicked the year off with 100% y/y revenue growth and continued focus, discipline and execution in the business. As a result of our continued momentum and the visibility built into our business model, we are providing strong guidance for the second quarter of 2021 and significantly upgrading our full-year 2021 guidance upwards.”

the company reported active buyers reported as of march 31st grew to 3.8 million. Compared to the 2.5 million as of march 2020 increase of 56% year over year. Spend per buyers reached a new high of 216 compared to $ 177 as of march 2-2- an increase of 22% year on year

Fiverr is one stock that seems immune to the pandemic as it quick begins to grow its user base. Still it will be interesting to company will prevail on top Fiverr up work or linked

draft kings bets big on its earnings

Draft kings reports its impressive first quarter earnings revealing a revenue spike of 253% of 312 million compared to the 89 million the same period last year. This is a unpresidential run considering that people have eagerly anticipating the return of sports as well as it adding a esports league into the mix. “DraftKings is off to an outstanding start in 2021,” said Jason Robins, DraftKings’ co-founder, CEO and Chairman of the Board. “We continued to make progress and remain on track with the migration to our own in-house proprietary sports betting engine, strengthened our content and technology capabilities with the acquisitions of VSiN and BlueRibbon Software, and invested in further differentiating our product offering with the upcoming rollout of social functionality in our DFS and mobile Sports book apps.”

The company is hopping to retain and grow the monthly unique payers (‘’MUP”) within the 3 months of the first quarter the company recored a average of 1.5 million paying customers a rise of 114% compared to the same period last year . The company reports this is due to their strong focus towards customer retention investments such as acquisitions of daily fantasy sports and online sports betting and igaming

The future expansion of their platform is currently limited in 12 stated in the us making up only 25% of the US population here of the states that introduced legislation to legalise mobile sports betting this year – Wyoming, Arizona and New York – have already enacted mobile sports wagering laws. Maryland has made significant progress with a mobile and retail sports wagering bill passing the legislature and now pending action from the Governor. The three states that have enacted mobile sports wagering laws this year represent 8% of the U.S. population and bring the percentage of the population with legalised mobile sports betting to 35%.

Time for Lyft off; Lyft reports its first quarter earnings

lyft reported its first quarter earnings of 2021 and it revealed revenue are down 36% from the year prior to 608 million compared to the 955 million a year earlier

lyft reported active riders have decrease from 21.211 to 13.494 active riders a decrease of 36.4% and the loss from the lost users were * Revenue per active rider: $45.13 vs. $44.50 expected per FactSet

It is unclear whether to not these numbers are a direct cause of the pandemic or not. It should have still been inline with the protocols with mask .

It will become apparent once the vaccines start becoming ubiquitous that it can stimulate a resurgence in the ride sharing industry

The CEO remains optimistic in the companies future “We continue to believe there is still significant pent-up demand for mobility that will take time to play out,” CEO Logan Green said on a call with investors.

Lyft also issued guidance for its second quarter, telling investors it expects revenue between $680 million and $700 million. That’s a 12% to 15% increase quarter over quarter and would represent growth between 100% and 106% year over year. It also expects to limit adjusted EBITDA loss to between $35 million and $45 million in the quarter.
With a resurgence in users, the company is facing a growing need for more drivers.

Lyft reported $ 2.2 billion in unrestricted cash and cash equivalents it sees that the company has given up on its self driving car unit in attempt to gain cash reserve.

to read the full report click the link below

what’s next for under the armour

under armour reports its first quarter earrings after a disappointing fourth quarter with earnings being down all divisors having suffered a loss. The first shows signs of resurgence as the company reported revenue spike of 35% increase compared to the year prior. This is not a complete good news as same period last year the company among the other sports retailers we forced to shut down their stores due the pandemic.

Under armours net income grew by to 77.8 million compared to the loss of nearly a year a year ago as well as sales growing to 1.2 billion from the 987 million .

What now for under armour ?

as long as Stephen curry remain in the under armour team their shoe category will remain their second leading and even have the potential to overtake their apparel line with brands like gym shark and nike begging to capitalise on the marketshare after the capitalising on the pandemic with online sales.

Under armour also had sold its industry leading nutrition app . For a very cheap price considering it was a industry leader in tracking calories the could have very easily have made something with it

The current direction is unclear as they have built no presence in a particular sector and the have made attempts in entering the leisure wear and the not building towards a health based platform

it seems the brand is relying heavily on celebrity endorsements rather than innovating .

It has also beginning to lose market share to Lulu lemon and Adidas it has made attempts in liquidating their inventory as they struggle to rid of dated merchandise. Their current model seems to be sell and discount what docent sell,

Their most appealing market seems to be The Asia pacific region with earnings showing a 119.7% increase from the year earlier . Could it the they appeal to the, due to their cheap price compared to their competitors

Peaked: Have these stocks plateaued

Best Buy

Best Buy has survived the complete Amazon takeover with its professional help and installers as well as improve its online experience and logistics however how long will it be until amazon or the decrease of retail sales , they are a use based company with no international audience this begs the question when the stock starts to sell of

at& t

how long will it be when one of these big tech companies start celling cellar plans for themselves , we’ve already seen apple start making their chips and ifb the rumours are true a car , they’ve broke character by offering a cheaper iPhones and double down on subscription services with apple one , it seems the only thing apple hasn’t got in their apple arsenal is their own cellular service

out of stock : adobe , zoom , Ralph Lauren

adobe

adobe for years has been leaders in computer applications and competing with Apple and has developed a loyal fanbase and a offers a variety of application for all professions they have yet to make another big leap in the space , the stock price has dipped since the since the Covid highs , the market cap is still 228 billion . we should wait to see where the stock ends up

zoom

with everything now opening up after the anonummemnt off the covid vaccines it howler foes not mean people will forget about zoom it is what Skype should’ve been , however the stock price is still not justified

Ralph Lauren

from kanye west to now a global sensation it seems we are now seeing less of the famous logo on pogo shorts as fashion has evolved . the clothing giant has lost the initial hype it once has . the company is similar to what’s happening to Victoria secret , once big but now is fading away in the fashion scene. LVMH has been buying out companies for the last few months like Tiffany and ace of spades from jay z . could it revive the horse ?