Wall Street Darling Struggles With Supply Chain, Ops, Digital
Scott Boatwright: "I thought I was joining this darling of Wall Street that had it all figured out... That's not what I found at all. In the first 12-18 months, we were struggling: supply chain challenges, operational challenges, and trying to stand up this digital business." https://t.co/oTVdVycqzf
Pershing Square Admits Nike Turnaround Far Tougher than Anticipated
Pershing Square: "With Nike, we did not understand how much the prior CEO had really damaged the business, and how heavy the turnaround was going to be." https://t.co/YaLEkVXfp1
Host-City Hotel Rates Fall a Third, Demand Softens
"Match-day room rates in host cities including Atlanta, Dallas, Miami, Philadelphia and San Francisco have dropped about a third from their peak earlier this year, according to data tracker Lighthouse Intelligence, in a sign of lower than anticipated demand."
Sweetgreen IPO Jumps 77%, Hits $6 B Valuation
WSJ, Nov 2021: "Sweetgreen shares jumped 77% in their debut. Shares of the salad chain closed at $49.50, valuing $SG at more than $6 billion." https://t.co/4nAeKtz5q0
Chipotle's $4B Buyback Equals 15‑year Total
Chipotle repurchased ~$4 billion of stock in the past three years (FY23 - FY25) That's comparable to their repurchase spend in the prior 15 years (FY08 - FY22) https://t.co/mEKhK5LYEy
Court Backs PacifiCorp's View: Process Unfair for Wildfire Suits
"The decision supports PacifiCorp’s longstanding belief that this process was prejudicial and not appropriate for managing wildfire litigation." https://t.co/8w8tXPWzv2
Meta Ties Exec Bonuses to $9 Trillion Valuation Goal
"Under the program, Meta executives would only realize the full value of their options if the company hits a market capitalization of more than $9 trillion by 2031 - an increase of 500% from its current $1.5 trillion." https://www.wsj.com/tech/meta-targets-9-trillion-valuation-with-new-executive-incentive-program-64460862?msockid=1c302391d69563690da33083d70562fb
U.S. Paid Gym Market Poised for Robust Growth
U.S. Fitness / Paid Gym Membership market data From Planet Fitness' November 2025 Investor Day https://t.co/onnyTp4pYC
EoS Fitness Valued at $1.5B Amid Rapid Growth
May 2025 - "TSG Consumer Partners has struck a deal for EoS Fitness. The deal values EoS at ~$1.5 billion, including debt... EoS recently surpassed 1.5 million members, 500,000 of which joined in just the last two years." https://t.co/IytMCiRpjr
Amazon's USPS Deal Still Drives $6B, 1B Packages
"The new deal [~20% volume cut] would still have the USPS deliver more than 1 billion packages for Amazon a year... Amazon shipped nearly 15% of all packages that the USPS delivered in the country last year, translating to about...
Planet Fitness Hikes Basic Membership to $15 After 26 Years
May 2024 - "Planet Fitness is hiking the cost of its basic membership for the first time in 26 years... to $15 per month, up from the $10 per month it had been priced at since 1998." https://t.co/KDm6tLjAoh
EU Says TikTok’s Addictive Design Violates Digital Services Act
"America is not the only place where social apps are facing greater scrutiny. In February a preliminary ruling from the European Commission found TikTok in breach of its Digital Services Act owing to its 'addictive' features. TikTok was told to...
Crocs Stock Slides 34% as Investors Call It Fad
"Crocs: Out of Fashion on Wall Street?" (Bloomberg, Nov 2007) "Are Crocs a new kind of footwear that's here to stay? Or just a fad? On Nov. 1, after an extraordinary run for the stock, investors seemed to scream "fad." Shares...
Crocs Stock Tumbles, Investors Label It a Fad
"Crocs: Out of Fashion on Wall Street?" (Bloomberg, Nov 2007) "Are Crocs a new kind of footwear that's here to stay? Or just a fad? On Nov. 1, after an extraordinary run for the stock, investors seemed to scream "fad." Shares...
Crocs Paid Half Its Market Cap for Tiny HeyDude Sales
Last year, the Crocs brand sold ~129 million pairs of shoes - or nearly 6x greater than the ~22 million pairs that were sold under the HeyDude brand. In early 2022, Crocs paid ~$2.5 billion for HeyDude. The company's market cap is...
