Jim Cramer says CEOs must properly explain the bad news in every quarter [CNBC]
Wingstop Inc. (WING)
Last wingstop inc. earnings: 2/19 07:30 am
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Source: CNBC
“Memo to CEOs everywhere: each gutter ball, every strike out, must be explained or we'll be concerned that you simply don't take the process seriously,” he said. “If you don't want to face the music, then you need to give us the happy family of good results and a sunny forecast.” CNBC's Jim Cramer on Wednesday discussed the tricky nature of bad quarters, saying management needs to explain and not gloss over any misses or poor results. “Memo to CEOs everywhere: each gutter ball, every strike out, must be explained or we'll be concerned that you simply don't take the process seriously,” he said. “If you don't want to face the music, then you need to give us the happy family of good results and a sunny forecast.” Cramer said every earnings shortfall is “nuanced beyond belief,” with some more difficult for Wall Street to parse than others. Investors, he said, react badly to opaque or confusing information, and it's up to management to paint a clear picture of business, even if it's
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WING
News
- Wingstop Inc. (NASDAQ: WING) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $390.00 price target on the stock.MarketBeat
- Wingstop Inc. (NASDAQ: WING) had its price target lowered by analysts at Piper Sandler from $375.00 to $300.00. They now have a "neutral" rating on the stock.MarketBeat
- Jim Cramer is Talking About These 7 Stocks [Yahoo! Finance]Yahoo! Finance
- Wingstop Inc. Just Missed EPS By 7.6%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- The Globe's stars and dogs for the week [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
WING
Earnings
- 10/30/24 - Miss
WING
Sec Filings
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 9/9/24 - Form 4
- WING's page on the SEC website