The burger chain also posted
weak guidance for the upcoming quarter, projecting a decline in same - store sales of up to 3 %, and Management pointed the blame for the weak performance at competitors.
Hewlett - Packard's stock fell 20 percent this year as the company
provided weak guidance on the back of a strong dollar and soft PC demand.
Weak guidance from top Apple suppliers suggests the iPhone X could be discontinued, according to Mirabaud analyst Neil Campling.
Meanwhile, Fitbit is also having a rough time after announcing mixed Q3 earnings and
posting weaker guidance for the usually lucrative holiday fourth quarter.
The initial sign of trouble came during the company's first - quarter earnings call when management
issued weak guidance, cautioning investors of difficulties ahead.
Ebay's stock dropped after the company reported second quarter earnings in line with analysts» expectations, but
offered weaker guidance for the third quarter.
Despite that promise, Susquehanna footwear analyst Sam Poser downgraded Under Armour's shares to «netural» from «positive,» citing «disappointing results,
extremely weak guidance, elevated inventory and [the] resignation of the CFO.»
NetSuite, Splunk, and Zendesk are all growing fast, but with peers
providing weak guidance, investors are clearly concerned that growth at all three companies is set to slow.
For NetSuite, Splunk, and Zendesk, all cloud - based enterprise software vendors,
weak guidance from similar companies has added fuel to the fire.
Cirrus depends on the iPhone for the bulk of its sales, so the company's
weak guidance for fiscal 2019 reflects a pessimistic view of how that product will perform in the coming year.
Priceline shares tanked by 8 percent Wednesday after the company reported a bookings miss for its second quarter and
weak guidance for the current quarter.
Adobe Systems fell about 2 percent in extended - hours trading after the company announced a slew of executive leadership changes and provided
weak guidance.
Netflix said that is «assumes much of this momentum» in subscriber growth will continue going forward, which is great news for investors, as some on Wall Street were bracing for
weak guidance.
During the earnings call, Cirrus CEO Jason Rhode discussed the drivers behind
the weak guidance for fiscal 2019:
Weak guidance from TSMC prompted a more conservative outlook for iPhones from both analysts.
After all, didn't UPS drop on
weak guidance the last time it announced results, 4 but then hold its 50 - day moving average and run back toward its old highs?
The weak guidance for 2Q14 and the iPhone sales shortfall are largely behind the selloff in the shares.
Kik cited «
weak guidance» from the Ontario Securities Commission as to whether Canadian securities law would apply as the reason for its exclusion of Canadians.
Local ICOs such as popular messaging app Kin opted to block Canadian residents from its 2017 token generating event amid «
weak guidance» from Ontario regulators.