Pinstripes Holdings Q3 EPS $0.33 Up From $(0.03) YoY, Sales $32.16M Up From $28.18M YoY
Portfolio Pulse from Happy Mohamed
Pinstripes Holdings (NYSE:PNST) reported a significant increase in Q3 earnings to $0.33 per share, up from a loss of $(0.03) YoY. Sales also rose to $32.16M, a 14.14% increase from $28.18M YoY.
February 21, 2024 | 9:41 pm
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Pinstripes Holdings reported a significant Q3 earnings increase to $0.33 per share from a loss of $(0.03) last year, with sales rising 14.14% to $32.16M.
The significant improvement in both earnings per share and sales indicates a strong financial performance for Pinstripes Holdings. This positive news is likely to boost investor confidence and potentially lead to a short-term increase in the stock price. The transition from a loss to a profit, along with double-digit sales growth, is particularly compelling for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100