Better Choice Co Q2 Adj EPS $(1.02) Up From $(4.40) YoY, Sales $8.54M Down From $10.54M YoY
Portfolio Pulse from totan@benzinga.com
Better Choice Co (AMEX:BTTR) reported Q2 adjusted EPS of $(1.02), a significant improvement from $(4.40) YoY. However, sales decreased by 18.93% to $8.54M from $10.54M YoY.
August 13, 2024 | 8:15 pm
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NEUTRAL IMPACT
Better Choice Co reported a significant improvement in EPS to $(1.02) from $(4.40) YoY, but sales decreased by 18.93% to $8.54M. This mixed result may lead to short-term volatility in the stock price.
The improvement in EPS is a positive sign, indicating better cost management or operational efficiency. However, the decline in sales is a concern and could offset the positive sentiment from the EPS improvement. This mixed result is likely to cause short-term volatility in BTTR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100