BT Brands Q1 EPS $(0.07) Down From $(0.02) YoY, Sales $3.19M Up From $3.07M YoY
Portfolio Pulse from Benzinga Newsdesk
BT Brands (NASDAQ:BTBD) reported a Q1 EPS of $(0.07), a significant decrease from $(0.02) YoY, despite a 3.89% increase in sales to $3.19M.
May 15, 2024 | 8:07 pm
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NEGATIVE IMPACT
BT Brands reported a Q1 EPS of $(0.07), a 250% decrease from $(0.02) YoY, despite a 3.89% increase in sales to $3.19M.
The significant decrease in EPS despite an increase in sales suggests higher costs or inefficiencies, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100