Market Winners & Losers | Trappin Tuesday's (Wallstreet Trapper)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 29 October 2022
⏱️ 22 minutes
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| 0:00.0 | So first and foremost, let's talk about my company Chipotle. |
| 0:13.2 | So, man, Chipotle beat top and bottom line, |
| 0:15.8 | which mean they beat earnings and revenue, right? |
| 0:19.4 | That came in good. |
| 0:20.8 | Now, here's the highlight that I want to say for Chipotle, right? So they be earnings, right? $5.9.51 earnings per share, |
| 0:30.0 | expected $9.21. So what does that mean? So what does that mean? So that's it right now, the stock price |
| 0:35.3 | for Chipotle is $1,500, right? The stock price is $1,500. So for every share that that business has every share is $1,500. They make $9 |
| 0:48.6 | dollars in earnings off each ship. Right? This is how this is how the market breaks down companies so we can understand it |
| 0:56.2 | right? So if the company had let's say 250 million in profit they would divide |
| 1:02.3 | that 250 million divided by all the shares they had and that would give you a per share earning. |
| 1:09.4 | Golly I felt like teaching the night. |
| 1:20.0 | So they made $9.51 per ship. Now, they beat Wall Street estimates |
| 1:27.0 | because Wall Street said you're gonna make nine dollars and 21 cents. They said,'re printing money baby. They said we're printing money baby. They said we is |
| 1:38.7 | printing money baby so it had a net income of $257 million. Now watch this though. The company did say |
| 1:50.0 | they spent more money on avocados more money on tortillas more money on dairy |
| 1:56.4 | more money on packaging and more money on labor meaning because of inflation, the price of everything went up. Now this is good. |
| 2:09.1 | Why is this good? Well that's not good, but what is good be even though prices went up they still be earnings and it wasn't adjusted |
| 2:18.0 | Plus in store revenue went up by 22% so what does that mean that mean from last quarter to |
| 2:27.0 | this quarter more people came in the store that's always good. Now, let me double down on that. This is the third time they've increased their prices in 15 months. This is the third time that they have increased prices in 15 |
| 2:48.8 | months. Now here's the strong point about that. We love companies that have pricing power. |
| 2:57.0 | A company that can increase their prices and still keep the consumer committed. |
| 3:04.0 | Meaning, even though we increased prices, nobody ain't leave. |
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