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
Earnings
- 10/30/24 - Miss
WING
Sec Filings
- 11/20/24 - Form 8-K
- 11/14/24 - Form SC
- 11/13/24 - Form 8-K
- WING's page on the SEC website