Weekly Roundup – July 18

Intel (INTC): Investors Focused on Data Center Outlook

Intel’s Data Center Group (DCG) is a major focus for investors as it has historically posted strong, double-digit revenue growth and has largely offset flat to negative growth in its Client Computing Group (CCG) segment. The DCG segment also has higher operating margins, which further bolsters overall earnings for the company. Read more…

Navistar (NAV): Investors Not Sold on Full Year Adj. EBITDA Guidance

When Navistar reported 2Q17 results, investors were surprised at the company’s guidance. Navistar had just reported 2Q results that were well-below expectations. Adjusted EBITDA came in at $65 million, well-below the consensus of $130M. The company had also missed adj. EBITDA consensus estimates in 1Q. However, management maintained their guidance of full-year adj. EBITDA to be above the $508M reported in 2016. Read more…

Select Comfort (SCSS): Looking to Put ERP Issues Behind Them in 2017

Select Comfort has been a rollercoaster for mattress investors. In late 2015, the company suffered from a series of ERP (Enterprise Resource Planning) implementation issues which led to shipping delays and customer order cancellations. Company-controlled comparable store sales dropped by 31% after having grown by double-digits for the prior five quarters. The following year was then negatively impacted by the system’s lingering issues. Read more…