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Stock impact report

A Look Back at Leisure Products Stocks' Q2 Earnings: Acushnet (NYSE:GOLF) Vs The Rest Of The Pack [Yahoo! Finance]

American Outdoor Brands, Inc. (AOUT) 
Company Research Source: Yahoo! Finance
Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don't may find themselves in precarious positions due to the non-essential nature of their offerings. The 15 leisure products stocks we track reported a slower Q2. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 21.9% below. After much suspense, the Federal Reserve cut its policy rate by 50bps (half a percent) in September 2024. This marks the central bank's first easing of monetary policy since 2020 and the end of its most pointed inflation-busting campaign since the 1980s. Inflation had begun to run hot in 2021 post-COVID due to a confluence of factors such as supply chain disruptions, labor shortages, and stimulus spending. While CPI (inflation) readings have been supportive lately, employ Show less Read more
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