Weekly Comments – August 5, 2024 – BXC, HAYN, HVT, JOUT, LEGH, LXFR, MTW, SMLR, WLKP

BXC  –  Updated outlook following quarter earnings report.  Last week BlueLinx Holding announced delivery of $768 million in total revenue in the quarter ending June 2024, providing $14 million in net income or $1.65 per share.  Comparisons with the year-ago…

HAYN  –  Revised view following earnings report, management comments.  Last week Haynes International reported modestly higher revenue at $153.9 million in the second quarter ending June 2024, compared to the same quarter last year.  Unfortunately,…

HVT  –  Updated view on quarter financial report.  Consumer caution was in evidence in Haverty Furniture’s second quarter financial report.  The Company remained profitable, but sales declined 13.4% year-over-year to $178.6 million in the quarter ending June…

JOUT  –  Preview of quarter earnings report.  Johnson Outdoors is scheduled to report financial results for the fiscal third quarter ending June 2024, on Monday this week before the market open.  A conference call to discuss the details is planned for the…

LEGH  –  View in advance of financial report.  Thursday this week after the market close, Legacy Housing is expected to release financial results for the three months ending June 2024.  A conference call to discuss the details is scheduled for the next morning….

LXFR  –  Revised outlook following earnings report, management comments.  Luxfer Holdings needed to beat the single published estimate for the Company at $0.24 in earnings per share on $99.7 million in total sales.  Luxfer hit the sales target dead on,…

MTW  –  Preview of financial report due this week.  The Manitowoc Company is scheduled to release financial results for the second quarter ending June 2024, on Wednesday this week after the market close.  Management will hold a conference call…

SMLR  –  View in advance of quarter report.  This week Monday after the market close, Semler Scientific is schedule to report financial results for the second quarter ending June 2024.  A conference call to discuss the details is planned for the same afternoon.  …

WLKP  –  View ahead of financial report.  Westlake Chemical Partners is on the calendar to release financial results on Tuesday this week before the market open.  A conference call with management is scheduled for the same morning.  The average of the two…

 

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