TV Sales Follow PC Sales into the Abyss
TV shipments continue to plummet as the industry suffers from excess supply and weak demand. We take a look at the supply chain.
Brian Nelson
Shuffle Master’s Third Quarter Disappoints
Gambling game supplier Shuffle Master (SHFL) reported weaker than expected third quarter results. Revenue increased 9% year-over-year to $63.4 million, several million short of consensus estimates. Earnings per share grew just 6% year-over-year to $0.18, a few cents short of consensus expectations. Though revenue growth was slightly disappointing, we were very encouraged to see recurring revenue advance 12% year-over-year to $30 million, marking its 15th consecutive quarter of expansion. Further, gross margins increased 100 basis points compared to last year to 63% thanks to more leases and higher average selling prices. Total utility revenue increased 8%, to $24.4 million, driven largely by strength in Macau and increased leases in the United States. The MD3 continues to spread thanks to superior card … Read more
Polypore Reduces Guidance But Remains Bullish
Polypore reduced its second-half annual guidance as a result of weakness from GM’s Volt. We believe shares are fairly valued.
Texas Instruments Narrows Guidance Range
Semiconductor giant Texas Instruments narrowed its guidance range, but the company still sees weakness across the board. We aren’t interested in the shares.
Sales Surge at Five Below
Teen retailer Five Below reported strong revenue growth, but we’re not huge fans of the business model.
McDonald’s Same Store Sales Growth Returns
McDonald’s August sales rebound after a tough July, but we think shares are fairly valued.
Casey’s General Store Reports a Strong First Quarter
The Midwestern convenience store chain reported strong growth in prepared foods and fountain. We like the company but think its shares are fairly valued.
Why Warren Buffett Was a Valuentum Investor
The world’s most prominent investor was indeed more than just a value investor–he was a Valuentum investor.
Does International Paper Look Attractive?
International Paper is the largest firm in the paper products industry. With the shares off their 52-week high, does the firm now look attractive?
Ulta Continues Strong Growth
Beauty retailer Ulta continues to post tremendous sales and earnings momentum. We like the firm, but shares are expensive.