Let's get to the gym and stop trading. We don't think of innovation when it comes to snacks, when it comes to drinks. That's wrong.Uh Ramon Laguart is going to save his job and prosper because the roster of new things that he introduced the other day and his stocks now up almost 10 straight points. Uh I the Elliot people have to be impressed. I I've always liked Ramon.I think that he's been the only guy who has said, "Listen, GOP-1 is a threat to mine." He issued a very good product that could be that I lik ...

Sales Performance - Rekt Drinks has sold 1 million drinks in under 11 months [1]

you can just drink thingscongrats to rekt on 1 million drinks sold! https://t.co/iPaxrpr0A1Rekt Drinks (@rektdrinks):Today Rekt Drinks passed 1 MILLION drinks sold in under 11 months. https://t.co/OW7H457XoB ...

Core Points - Starbucks workers have initiated legal action against the company regarding a newly imposed dress code [1] - The workers allege that Starbucks has refused to reimburse employees for expenses related to the new dress code [1]

High Tide Conference Call Summary Company Overview - **Company Name**: High Tide (NasdaqCM: HITI) - **Ticker**: HITI on NASDAQ since 2021 and TSX Venture Exchange since 2018 - **Main Operating Company**: Canna Cabana, the largest retail cannabis brand in Canada with over 207 stores [2][3] Financial Performance - **Trailing Revenue**: Approximately CAD 683 million, including recent acquisitions [2] - **Adjusted EBITDA**: CAD 58 million, with a pro forma trailing adjusted EBITDA multiple of 8.8 times [3] - **Same-Store Sales Growth**: Up 137% since October 2021, compared to a 2% decline for peers [4][14] - **Market Share**: 12% in the five provinces of operation, with a target to reach 15% [4][15] - **Revenue per Square Foot**: CAD 1,735, outperforming many blue-chip retailers [5][16] - **Free Cash Flow**: Generated CAD 4 million in July 2023, five months ahead of schedule [25][26] Recent Developments - **Acquisition**: Acquired 51% of Ramexian Pharma, a leading medical cannabis importer in Germany, for €26.4 million [19] - **Market Expansion**: Entering the German market, which has seen a significant increase in patient counts from 250,000 to 900,000 [20][21] - **Growth in German Cannabis Imports**: Annualized imports increased from CAD 30-40 million to CAD 300 million post-reclassification of medical cannabis [23] Strategic Insights - **Retail Strategy**: Focus on smaller, efficient store sizes (1,200 to 1,500 square feet) rather than larger stores [9][18] - **Loyalty Program**: 2.15 million loyalty members, with 115,000 ELITE members paying CAD 35 annually for additional discounts [4][12] - **Consumer Preferences**: Pre-rolls and dried flower account for about two-thirds of sales, with vapes at 22% [7][8] Market Context - **Canadian Cannabis Market**: Legalized in October 2018, now a CAD 5.5 billion market, with Canna Cabana's operations in a CAD 4.5 billion retail market [6] - **Competitive Landscape**: Canna Cabana's average store revenue significantly exceeds that of peers, with Alberta stores averaging CAD 2.3 million and Ontario stores over CAD 3.1 million [14][15] Future Outlook - **Store Growth**: Targeting to exceed 300 stores, with plans to open 20-30 new stores annually [27] - **Vertical Integration**: Exploring opportunities in cannabis accessories and white-label products, though full vertical integration is limited by regulations [34][36] - **International Expansion**: Monitoring other European markets (UK, Poland, Czech Republic, Switzerland) for potential entry [32] Key Takeaways - High Tide is positioned as a leading innovative retailer in the cannabis space, with strong financial metrics and growth potential in both Canada and Germany [41] - The company is leveraging its retail relationships to capitalize on the growing medical cannabis market in Germany, aiming for significant market share [42]

Group 1 - PepsiCo, Inc. is recognized as a "premier growth company" by Jim Cramer, emphasizing its value in a diversified portfolio of growth stocks [1] - Elliott Management has taken a significant $4 billion stake in PepsiCo, indicating potential for change and growth within the company [1] - The current stock price of PepsiCo is $142, down from $196 two and a half years ago, and it now offers a yield of almost 4% due to this decline [1] Group 2 - PepsiCo produces and markets a variety of products including beverages, snacks, cereals, dairy, and drinks, showcasing its diverse portfolio [2] - While PepsiCo is seen as a potential investment, there are opinions that certain AI stocks may offer greater upside potential and less downside risk [2]

Group 1 - Dutch Bros Inc. (NYSE: BROS) has gained popularity on social media, with positive discussions about its various drinks [1] - The company is experiencing a trend that suggests a growing consumer interest and engagement [1]

Core Insights - Wendy's plans to reduce the number of promotions for the remainder of the year after experiencing challenges with too many initiatives during the summer [1][2] - The company reported earnings per share of $0.29, a 7.4% increase year-on-year, and revenue of $560.9 million, a 1.7% decrease, both exceeding analysts' expectations [3] - Foot traffic to Wendy's locations decreased by 3% compared to the same quarter last year, although this was an improvement from a 4.7% decline in Q1 [8] Promotions and Strategy - The interim CEO highlighted that the summer promotions, while appealing, overwhelmed restaurant teams and confused customers [2] - Future focus will be on chicken innovation and a new beverage lineup, including a collaboration with Netflix for the second season of "Wednesday" [3] Technology and Innovation - Wendy's is expanding its use of voice AI for drive-thru orders, aiming to implement this technology in up to 600 restaurants by the end of 2025 [9] - The company has been testing innovative drive-thru solutions, including food delivery robots in underground tunnels [9] Market Reaction - Following the earnings report, Wendy's shares increased by approximately 1.5% [4]

Core Viewpoint - J&J Snack Foods reported quarterly earnings of $2 per share, exceeding the Zacks Consensus Estimate of $1.74 per share, but down from $1.98 per share a year ago, indicating a mixed performance in earnings despite a positive surprise this quarter [1][2]. Financial Performance - The company achieved revenues of $454.29 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.51% and showing an increase from $439.96 million year-over-year [2]. - Over the last four quarters, J&J Snack Foods has exceeded consensus EPS estimates only once, indicating inconsistent performance [2]. Stock Performance - J&J Snack Foods shares have declined approximately 25.7% since the beginning of the year, contrasting with the S&P 500's gain of 7.6%, highlighting underperformance relative to the broader market [3]. - The stock currently holds a Zacks Rank 4 (Sell), suggesting expectations of continued underperformance in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.61 on revenues of $439.15 million, while for the current fiscal year, the estimate is $4.04 on revenues of $1.61 billion [7]. - The trend of estimate revisions for J&J Snack Foods was unfavorable prior to the earnings release, which may impact future stock movements [6]. Industry Context - The Food - Miscellaneous industry, to which J&J Snack Foods belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, suggesting a challenging environment for the company [8]. - Another company in the same industry, Hain Celestial, is expected to report a significant decline in earnings, with a consensus EPS estimate of $0.04, reflecting a year-over-year change of -69.2% [9].

Group 1 - BellRing Brands reported quarterly earnings of $0.53 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.45 per share a year ago [1] - The company posted revenues of $588 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 2.09%, compared to $494.6 million in the same quarter last year [2] - Over the last four quarters, BellRing Brands has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2][3] Group 2 - The stock has increased approximately 4.8% since the beginning of the year, while the S&P 500 has declined by 3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.57 on revenues of $580.42 million, and for the current fiscal year, it is $2.25 on revenues of $2.31 billion [7] - The Zacks Industry Rank for Food - Miscellaneous is in the top 38% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]