Symbotic: Tariff Uncertainty Overshadows Improved Fundamentals
Symbotic Inc. (NASDAQ: SYM ) reported solid growth in Q2, although it benefitted significantly from the acquisition of Walmart Inc.'s ( WMT ) advanced systems and robotics business. System deployments and completions were strong in the quarter, as were Symbotic's gross margins. While thisRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted ...