Dingdong (Cayman) Q2 Adj EPS $0.00 Down From $0.01 YoY, Sales $667.60M Down From $990.49M YoY
Portfolio Pulse from Benzinga Newsdesk
Dingdong (Cayman) (NYSE:DDL) reported a 90% decrease in Q2 adjusted earnings per share from $0.01 last year to $0.00 this year. Sales also decreased by 32.60% from $990.49 million to $667.60 million.
September 01, 2023 | 10:03 am
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NEGATIVE IMPACT
Dingdong (Cayman)'s Q2 earnings and sales have significantly decreased YoY.
The significant decrease in both earnings and sales indicates a poor financial performance for the company, which could negatively impact investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100