CORRECTION: BT Brands Q2 EPS $(0.04) Down From $(0.01) YoY, Sales $4.00M Up From $3.52M YoY
Portfolio Pulse from Happy Mohamed
BT Brands (NASDAQ:BTBD) reported a 300% increase in quarterly losses to $(0.04) per share from $(0.01) per share YoY. However, the company's sales increased by 13.47% to $4.00 million from $3.52 million YoY.
August 16, 2023 | 5:29 pm
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NEUTRAL IMPACT
BT Brands reported a significant increase in quarterly losses, but also an increase in sales. This mixed result could lead to uncertainty in the market.
The increase in losses could negatively impact the stock price, but the increase in sales could offset this. The net effect on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100