Here are Nathan's takeaways from several key earnings reports:
🧑🍳 J.M. Smucker: The packaged food giant didn't rely as much on price increases in its most recent period. Comparable sales rose 6% — two-thirds of which came from volume increases, while only one-third came from price hikes.
🔨 Lowe's: The home improvement retailer posted a comparable sales decline of 6.2% — 2.7 points worse than rival Home Depot. The company is experiencing what it called "a slowdown in DIY demand."
🥗 Cava: The Mediterranean fast-casual chain saw increased guest traffic fuel same-store sales growth of 11.4% in Q4. Its stock soared today after the company published results a day early.
