Teaching you tonight. Call me. Earnings season earnings season i dread earnings season why . Because it is overwhelming with so Many Companies reporting at once and so much data being thrown at you. Because its hard to keep track of the expectations and to know what is better than expected. What the whisper, the real benchmark that must be beaten is. Nah, huhuh. Its because i have a bad back and i cant stand carrying all those printed out versions of the Conference Calls as a schlep from Downtown Manhattan where i do squawk at the street to the studio where i do mad money. Tonight i want to do something different. I got to help you this earnings season. I wanted to offer a new way to use earnings season, to put it in perspective. Most of you watching are not day traders that i think hijack a lot of the thinking. Youre not trying to game a given quarter, something i true to aschew. And reports arent accurate because of the things in europe or something involved with the election. In oth
Moo plans to focus its future efforts on the USA, its “largest and most lucrative market” and is also targeting further expansion into high-end merchandise products.
Moo lost the equivalent of more than $1m a month during the pandemic-afflicted 2020 trading year as the business racked up exceptional costs of nearly $7m and sales of its core business card products almost halved – but the business has weathered the Covid storm and has embarked on 2022 in “a very strong position”.
Moo battles Covid sales slump Jo Francis Thursday, January 14, 2021
Sales at luxe online print specialist Moo collapsed by nearly 80% as the pandemic struck last spring, and the previously fast-growing business was forced to take rapid restructuring actions in order to survive.
Moo: demand tanked as business meetings, travel and conferences all ceased
In its financial results for 2019, just filed, the group outlines how the impact of Covid-19 had a dramatic effect on its operations.
In stark contrast to industry peer Moonpig, where the pandemic caused sales to boom, demand for business cards and Moo’s other business-related print services tanked.