Key Points Sweetgreen reported dismal earnings in August, and the stock kept sliding in September. The state of the economy poses a major challenge for the pricey salad chain. 10 stocks we like better than Sweetgreen › Shares of fast-casual salad chain Sweetgreen (NYSE: SG) have been sinking since the end of 2024, and September continued the trend. A disappointing earnings report in August led to a steep one-day drop, and some turnover in the C-suite in early September didn't stop the bleeding. Swe ...

Core Insights - The International Energy Agency (IEA) reports that global oil demand growth for the remainder of 2025 is expected to decline to 650,000 barrels per day, down from 990,000 barrels per day in the first quarter [1] Group 1 - The decline in oil demand growth is attributed to economic headwinds and the rising sales of electric vehicles [1]

Economic Outlook - FedEx revised its financial outlook downward due to "continued weakness and uncertainty" in the US industrial sector [1][4] - The CEO indicated that freight and business-to-business demand were less soft in the third quarter compared to the previous period, but not enough to support the company's December guidance [1] Financial Performance - CFO John Dietrich stated that the macro environment is not expected to significantly improve, at least for the first half of 2026 [2] - FedEx shares fell approximately 5% in after-hours trading following the announcement [2][4] Cost Management - The company highlighted several cost-cutting and efficiency initiatives to counter economic headwinds, including the impact of reduced revenue from the end of a contract with the US Postal Service [2] Customer Behavior - FedEx's chief customer officer noted that customers have largely not chosen to ship goods early to avoid new import charges, with only one customer attempting it and regretting the decision due to excess inventory [3] - There are indications that higher prices may be forthcoming, as many customers are anticipating price increases or have already implemented them [3]

Core Viewpoint - Thor Industries, the largest RV maker globally, experienced a significant decline in stock value following disappointing financial results, with shares dropping nearly 14% over the past week [1] Financial Performance - For Q2 of fiscal 2025, Thor reported net sales of just over $2 billion, reflecting a nearly 9% year-over-year decline [2] - The company posted a GAAP net loss of $551,000 ($0.01 per share), contrasting with a profit of $7.2 million in the same quarter of fiscal 2024 [2] - Analysts had anticipated earnings of $0.08 per share, but net sales exceeded their expectations of $1.97 billion [3] Guidance and Market Conditions - Thor cited the challenging economic environment as a headwind, with CEO Bob Martin emphasizing a focus on controllable factors such as product offerings and dealer relationships [4] - The company revised its full fiscal year guidance, projecting net sales between $9 billion and $9.5 billion, down from a previous estimate of $9.8 billion, and lowered per-share earnings estimates to a range of $3.30 to $4.00 from $4.00 to $5.00 [4] Market Outlook - Despite the disappointing results, Thor remains a significant player in the RV market, with ongoing consumer interest in travel experiences suggesting potential for future growth [5]