KOSS Stock Down 2% Despite Posting Q2 Earnings on Solid European Sales
Portfolio Pulse from
Koss Corporation reported a 5.9% increase in revenue for Q2, driven by strong European sales and direct-to-consumer growth. However, the stock fell by 2% due to concerns over rising freight costs.
February 04, 2025 | 6:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Koss Corporation's Q2 earnings showed a 5.9% revenue increase due to strong European sales and DTC growth. Despite this, the stock fell 2% as investors are concerned about rising freight costs.
The positive revenue growth from European sales and DTC was overshadowed by concerns over rising freight costs, leading to a 2% drop in Koss's stock price. This indicates that while the company is performing well in sales, cost pressures are a significant concern for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100