Charged Alpha Stock Encyclopedia

Charged Alpha Stock Encyclopedia

By Colton ThomasBusinessInvesting
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Charged Alpha Stock Encyclopedia episodes

  • REX Stock: BUY Call - EPS Doubles YoY as Crush Spread Recovers Q1 FY2026
    REX American Resources Q1 FY2026 earnings breakdown - conversational walkthrough with a price-aware verdict and Wall Street consensus comparison.
    THE CALL: BUY (3/5 conviction, MODERATE)
    - CURRENT @ $48.26 - BUY
    - BUY below $46.00 with $38.00 stop
    - AVOID above $60.00
    TRIGGER: 2nd straight double-digit op-margin quarter OR funded CCS credit
    WINDOW: Through Q3 FY2026 earnings (early Dec 2026)
    TRACKER: chargedalpha.com/calls/REX
    WALL STREET CONSENSUS
    - Ratings: 1 Strong Buy / 1 Buy / 1 Hold / 0 Sell / 0 Strong Sell - BUY
    - Median 12-month price target: $65.00 (range $55 - $75)
    - Charged Alpha vs consensus: ALIGNED
    THESIS
    REX is a debt-free, cash-rich ethanol producer at roughly 17 times earnings whose year-over-year earnings power just doubled on a recovering crush spread, with about 345 million dollars of net cash backstopping the stock and active buybacks compounding per-share value.
    Bull lever: If the crush spread holds and the One Earth carbon-capture project monetizes 45Q and 45Z credits, REX re-rates from a commodity ethanol multiple toward a structurally-advantaged, cash-returning low-carbon producer.
    Key risk: Ethanol economics are cyclical and crush spreads can compress quickly when corn costs rise faster than ethanol prices -- a single weak quarter, as in mid fiscal 2026, can cut earnings by more than half.
    QUALITY CHECK
    - Management quality grade: A- (Debt-light, cash-rich, disciplined operator with a long buyback record and patient carbon-capture investment.)
    - Earnings quality grade: B+ (GAAP-clean earnings with strong full-year cash conversion; the one watch-item is crush-spread volatility making any single quarter lumpy.)
    CHAPTERS
    0:00 Hook
    0:13 Year In One Chart
    0:39 The Print
    1:23 Beat Decomposition
    1:52 The Trend
    2:35 The Business
    3:17 The FCF Bridge
    4:21 Margin Quality
    4:45 Guidance & The Narrative Diff
    5:46 Catalyst Calendar
    6:16 Peer Dot-Plot
    6:53 Valuation Triangle
    7:20 Management & Earnings Quality
    8:19 The Call - Verdict (price-aware + consensus)
    9:12 The Call - Supporting Evidence
    KEY METRICS - Q1 FY2026
    - Revenue: $0.16B (YoY -1.2%)
    - EPS: $0.56 (vs $0.50 est, beat +12.0%)
    - Operating margin: 12.4%
    - Free cash flow (seasonal Q1): $-13.7M (-8.8% margin)
    REX American Resources reported Q1 FY2026 with revenue roughly flat year over year at $156.5M, but diluted EPS more than doubled to $0.56 from $0.255 a year ago as the ethanol crush spread recovered and operating margin expanded ~710 basis points YoY to 12.4%. Earnings stepped down sequentially from an exceptionally strong Q4, and Q1 free cash flow was seasonally negative (about -$14M) on a working-capital build -- both normal for this lumpy, crush-spread-driven business. The balance sheet remains a fortress: ~$345M net cash, essentially no debt, and an active buyback that has cut the share count ~6% over two years, with carbon-capture optionality at One Earth Energy under the 45Q/45Z framework.
    NARRATIVE DIFF - what changed in management tone
    - Prior call: "Our fourth quarter results reflected an exceptionally strong crush environment; we remain focused on operational excellence at One Earth and advancing our carbon capture initiative."
    - This call: "First quarter results normalized from a very strong fourth quarter but improved meaningfully year over year as crush margins held; carbon sequestration work continues to progress and our balance sheet remains debt-light with substantial cash."
    - Tone shift: Tone shifted from celebrating an exceptional Q4 to framing Q1 as a normalized-but-improved quarter -- management is managing expectations down from the Q4 peak while emphasizing the durable year-over-year margin gain, the carbon-capture optionality and the fortress balance sheet.
    DATA SOURCES
    - FMP (financialmodelingprep.com)
    - REX American Resources Q1 FY2026 press release + earnings call
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in REX. Do your own research before any investment decision.
    #REX #REXAmericanResources #earnings #investing #stocks #ChargedAlpha
    10 min
  • NTAP Stock: HOLD Call - Record Quarter But Priced For Perfection Q4 FY2026
    NetApp Q4 FY2026 earnings breakdown - conversational walkthrough with a price-aware verdict and Wall Street consensus comparison.
    THE CALL: HOLD (3/5 conviction, MODERATE)
    - CURRENT @ $142.40 -> HOLD
    - BUY below $115.00 with $95.00 stop
    - AVOID above $165.00
    TRIGGER: A pullback to $115 with FY2027 guide intact would turn this into a BUY
    WINDOW: 6-12 months - valuation needs the earnings to grow into the multiple
    WALL STREET CONSENSUS
    - Ratings: 0 Strong Buy / 26 Buy / 36 Hold / 9 Sell / 0 Strong Sell -> HOLD
    - Median 12-month PT: $108.50 (range $89 - $128)
    THESIS
    NetApp is a high quality, net cash storage franchise that just delivered a record quarter with operating margin at an eight quarter high, but the stock has run above the entire Wall Street target range.
    Bull lever: Operating margin expanded to twenty seven and a half percent with record free cash flow of nine hundred million and a net cash balance sheet funding steady buybacks.
    Key risk: The stock trades above every published price target on mid single digit growth, and the FY2027 guide is in line rather than a raise, so the valuation needs earnings to catch up.
    KEY METRICS - Q4 FY2026
    - Revenue: $1.95B (+12.5% YoY) - a fiscal-year record
    - Non-GAAP EPS: $2.43 (vs $2.27 est, +7.0% beat)
    - Operating margin: 27.5% - an 8-quarter high
    - Gross margin: 70.1%
    - Free cash flow: $900M (+$260M YoY); net cash $1.1B
    - Hybrid Cloud +11% YoY; Public Cloud +28% YoY
    - FY2027 guide: ~$7.05-7.25B revenue / $8.05-8.35 non-GAAP EPS
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in NTAP.
    #NTAP #NetApp #earnings #investing #stocks #ChargedAlpha #storage #datacenter #allflash
    8 min
  • XPEV Stock: HOLD Call - Gross Margin Climbs to 20.6% Q1 2026
    XPeng Inc. Q1 2026 earnings breakdown - conversational walkthrough with a price-aware verdict and Wall Street consensus comparison. China's smart-EV turnaround: deliveries fell a third, but gross margin actually climbed.
    THE CALL: HOLD (3/5 conviction, MODERATE)
    - CURRENT @ $16.44 -> same
    - BUY below $14.00 with $12.00 stop
    - AVOID above $24.00
    TRIGGER: Watch for Q2 deliveries to land inside the one hundred to one hundred six thousand guide and for gross margin to hold above twenty percent. A confirmed volume rebound on a twenty-plus-percent gross margin would justify upgrading toward BUY.
    WINDOW: 12-24 months.
    WALL STREET CONSENSUS
    - Ratings: 16 Buy / 10 Hold / 2 Sell -> BUY
    - Median 12-month PT: $25.00 (range $17 - $26)
    THESIS
    XPeng is a China EV turnaround where the margin curve has clearly improved, with gross margin up to twenty point six percent, but Q1 2026 deliveries fell a third year over year in a seasonal air pocket. The bull case is that the GX launch and three more new models drive a sharp sequential rebound on a twenty-plus-percent gross margin. The bear case is that the volume drop reflects real demand weakness in a brutal price war.
    Bull lever: If Q2 deliveries snap back to the guided one hundred-thousand-plus range while gross margin holds above twenty percent, XPeng moves toward operating breakeven and the stock re-rates off its 52-week low.
    Key risk: China's EV price war is relentless. If the Q1 delivery collapse signals structural demand weakness rather than a seasonal dip, the guided rebound does not arrive and the loss persists despite the better margin.
    KEY METRICS - Q1 2026 (figures per XPeng press release; reports in RMB, USD as converted)
    - Revenue: $1.89B / RMB 13.03B (-17.6% YoY)
    - Vehicle sales: $1.59B / RMB 11.00B (-23.5% YoY)
    - Deliveries: 62,682 vehicles (-33.3% YoY)
    - Gross margin: 20.6% (vs 15.6% a year ago; +500 bps)
    - Vehicle margin: 12.1% (vs 10.5% a year ago)
    - GAAP operating margin: -14.4% (operating loss ~RMB 1.87B / $270M)
    - Net loss: RMB 1.78B / $260M; diluted loss per ADS -$0.27 (non-GAAP -$0.26)
    - Liquidity: ~$6.10B / RMB 42.09B; net cash ~$3.6B
    - Q2 2026 guide: 100,000-106,000 deliveries; RMB 19.6-20.8B revenue (up 7-14% YoY)
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in XPEV.
    #XPEV #XPeng #ChinaEV #electricvehicles #smartEV #earnings #investing #stocks #ChargedAlpha
    10 min
  • FUTU Stock: HOLD Call - Stock Rebounds +17% After $271M Fine Q1 2026
    Futu Holdings Q1 2026 earnings breakdown - conversational walkthrough with a price-aware verdict and Wall Street consensus comparison.
    THE CALL: HOLD (3/5 conviction, MODERATE)
    - CURRENT @ $104.91 - HOLD
    - BUY below $90.00 with $75.00 stop
    - AVOID above $140.00
    TRIGGER: A clean resolution of the CSRC matter with no further fines, plus Q2 confirming paying-client growth and client assets holding the plus forty seven percent trajectory
    WINDOW: 6-12 months - regulatory resolution and China retail-trading cycle
    TRACKER: charged-alpha.com/calls/FUTU
    WALL STREET CONSENSUS
    - Ratings: 4 Strong Buy / 7 Buy / 5 Hold / 1 Sell / 0 Strong Sell - Buy
    - Median 12-month price target: $155.00 (range $95 - $200)
    - Charged Alpha vs consensus: LESS_BULLISH
    THESIS
    Futu is a high-growth, high-margin online brokerage compounding client assets up forty seven percent year over year to a record, with revenue up roughly twenty four percent and trading volume at an all-time high.
    Bull lever: The underlying franchise is excellent and cheap: a trailing price to earnings near eleven and a half and a price earnings to growth ratio around zero point six, well below U.S. broker peers, with strong free cash generation and an active buyback.
    Key risk: A one-time regulatory penalty of one point eight five billion renminbi, roughly two hundred seventy one million dollars, from the China securities regulator underlines a structural China and variable-interest-entity overhang that keeps the risk premium elevated.
    QUALITY CHECK
    - Management quality grade: B+ (Founder-CEO Leaf Hua Li has built one of Asia's leading digital brokers with consistent execution; the regulatory penalty is a governance and compliance black mark, but the business response was disciplined)
    - Earnings quality grade: B (Core earnings power is high and cash-backed; the Q1 GAAP line is distorted by the one-time RMB 1.85B penalty, so reported EPS understates the run-rate franchise economics)
    KEY METRICS - Q1 2026
    - Revenue: $0.75B (YoY +23.6%)
    - GAAP EPS per ADS: $0.77 (one-time RMB 1.85B / ~$271M regulatory penalty)
    - Operating margin (reported): 36.0%
    - Total client assets: +47% YoY (record); trading volume an all-time high
    DATA SOURCES
    - FMP (financialmodelingprep.com)
    - Futu Holdings Q1 2026 press release + earnings call
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in FUTU. Do your own research before any investment decision.
    #FUTU #FutuHoldings #earnings #investing #stocks #ChargedAlpha
    11 min
  • DOO Stock: HOLD Call - EPS Crushed It But Guide Cut 45% Q1 FY2027
    BRP Inc (DOO) Q1 FY2027 earnings breakdown - a conversational walkthrough with a price-aware verdict and Wall Street consensus comparison. All financial figures in CAD; share price in USD (NASDAQ).
    THE CALL: HOLD (3/5 conviction, MODERATE)
    - CURRENT @ $58.57 USD -> HOLD
    - BUY below $50.00 with $44.00 stop
    - AVOID above $72.00
    TRIGGER: North American retail turns positive AND tariff guide stabilises
    WINDOW: Through Q3 FY2027 earnings (Dec 2026)
    WALL STREET CONSENSUS
    - Ratings: 2 Strong Buy / 5 Buy / 6 Hold / 0 Sell / 0 Strong Sell -> Moderate Buy
    - Median 12-month PT: $80 (range $62 - $96)
    THESIS
    BRP is the powersports leader — Ski-Doo, Sea-Doo, Can-Am — riding a dealer-restock-driven shipment surge while underlying retail demand is still falling and tariffs squeeze the full-year outlook.
    Bull lever: If dealer inventories are now right-sized and retail stabilises, FY28 earnings normalise well above the cut FY27 guide and the multiple re-rates.
    Key risk: Tariffs persist and retail demand keeps sliding, turning the Q1 shipment snap-back into a one-quarter wonder and forcing a second guide cut.
    KEY METRICS - Q1 FY2027 (CAD)
    - Revenue: $2.39B (+29.5% YoY)
    - Normalized diluted EPS: $1.83 (vs $0.75 est) - reported diluted $1.73
    - Gross margin: 23.5% (+210 bps YoY)
    - Operating margin: 9.43% (vs 5.08% prior year)
    - Normalized EBITDA: $334.4M (+66.5% YoY)
    - Free Cash Flow: $367.3M (vs $201.3M prior year)
    - Segments: Year-Round $1,448.7M (61%) / Seasonal $568.4M (24%) / PA&A & OEM $374.7M (15%)
    - North American retail sales: -7% YoY
    - FY27 guidance CUT: normalized EPS $3.00-$3.50 (from prior $5.50-$6.50); revenue $9.12-$9.38B
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in DOO.
    #DOO #BRP #SkiDoo #SeaDoo #CanAm #powersports #earnings #investing #stocks #ChargedAlpha
    11 min
  • ATS Stock: HOLD Call - Bookings Fell 18% Q4 FY2026
    ATS Stock: HOLD Call - Bookings Fell 18% Q4 FY2026
    ATS Corporation Q4 FY2026 Charged Alpha Pipeline X deep dive. Record revenue, but a softening order book. Q4 revenue C$744M (+3.2% YoY), adjusted EPS C$0.36, adjusted earnings-from-operations margin 10.3%. Order bookings C$704M fell 18.4% YoY; order backlog C$1.96B down 8.5%; trailing book-to-bill 0.99. Full-year net income swung positive after a prior-year loss. Stock fell about 14% on the soft order intake. Note: ATS reports in CAD; stock trades in USD on the NYSE.
    Charts: 1y price, order-intake decomposition, 8q trend, end markets, FCF bridge, margin quality, guidance card, catalyst calendar, peers, valuation triangle, quality card, the call (1/2 + 2/2), order backlog & book-to-bill, margin trajectory, balance sheet, dilution discipline.
    The Call: HOLD (conviction 3/5). Not financial advice. Informational only.
    https://chargedalpha.com
    9 min
  • ICLR Stock: BUY Call - Accounting Cloud Lifts +17% Q1 2026
    ICLR Stock: BUY Call - Accounting Cloud Lifts +17% Q1 2026
    ICON plc (NASDAQ: ICLR), one of the world's two largest clinical-research organizations, jumped roughly +17% as its accounting investigation finally cleared. Revenue came in at $2,112.5M (+3.5% YoY), beating the ~$1.99B Street estimate, while adjusted EPS of $2.52 missed the ~$3.12 consensus on margin compression. The decisive catalyst: the audit committee review found revenue overstatements across 2023-2025 all below the 2% upper bound and no fraud - lifting the overhang that had crushed the stock from above $200 to the low $80s.
    VERDICT: BUY (Conviction 4/5 STRONG)
    - Buy below $130 | Hard stop $95 | Trim above $190
    - Current price $136.80 | post-print +16.85%
    KEY METRICS Q1 2026:
    - Revenue: $2,112.5M (+3.5% YoY, ~6% beat)
    - Adjusted EPS: $2.52 vs ~$3.12 Street (miss on margin compression)
    - Operating Margin: ~12%
    - Net Book-to-Bill: 1.36x
    - Total Backlog: $21.8B (revised methodology)
    - Free Cash Flow: ~$325M (mid-teens margin)
    - FY2025 Buyback: $750M (share count 83M -> 76M over 8 quarters)
    GUIDANCE FY2026:
    - Revenue: $7.85B - $8.15B (midpoint roughly Street)
    - Adjusted EPS: $10.00 - $11.00 (transition year, below $11.28 Street)
    CEO Barry Balfe: "With the audit committee review now complete and the impact contained, we are focused squarely on converting our strong backlog and rebuilding momentum across the business."
    Charged Alpha is more bullish than consensus: at 12-13x forward earnings the equity prices in permanent stagnation, but a $21.8B backlog and a 1.36 book-to-bill say new work is still flowing in faster than revenue is burning.
    Not Financial Advice - Informational Only
    10 min
  • ICLR Stock: BUY Call - Op Margin +1400 Bps to 13% Q1 FY2027
    ICON plc Q1 FY2027 earnings breakdown - conversational walkthrough with a price-aware verdict and Wall Street consensus comparison.
    THE CALL: BUY (4/5 conviction, STRONG)
    - CURRENT @ $136.80 -> BUY
    - BUY below $130.00 with $95.00 stop
    - AVOID above $190.00
    TRIGGER: Q2 print confirming book-to-bill holding above 1.2x AND operating margin stabilizing or expanding off the 12% base
    WINDOW: 12-18 months - backlog conversion + biotech-funding recovery cycle
    WALL STREET CONSENSUS
    - Ratings: 4 Strong Buy / 8 Buy / 11 Hold / 2 Sell / 0 Strong Sell -> Hold
    - Median 12-month PT: $123.00 (range $90 - $160)
    THESIS
    ICON is one of the two largest clinical-research organizations in the world, running outsourced drug trials for pharma and biotech, with a twenty one point eight billion dollar contracted backlog that is the leading indicator of multi-year revenue.
    Bull lever: Net business wins drove a one point three six quarterly book to bill, meaning the company booked one dollar thirty six of new work for every dollar of revenue burned; that backlog growth, plus the accounting probe clearing below the two percent bound, removes the dominant overhang on the stock.
    Key risk: A prolonged biotech-funding pullback keeps request-for-proposal flow soft and cancellations elevated, and margin compression persists if pricing and labor inflation continue to squeeze trial economics before the remediation of internal-control weaknesses is complete.
    KEY METRICS - Q1 FY2027
    - Revenue: $2.11B (+3.5% YoY)
    - Subscription Revenue: $140.9M (+12% YoY)
    - Non-GAAP EPS: $2.52 (vs $3.12 est, +-19.2% beat)
    - GAAP Operating margin: 12.0% (vs -1% prior year, +1400 bps swing)
    - Non-GAAP Operating margin: 28% (vs 17% prior year)
    - Free Cash Flow: $80.8M (+54% YoY); FCF margin 50.7%
    - Net debt swing: $190M -> -$80M ($256M debt paydown in one quarter)
    - Buyback: $93M / 6.1M shares retired at avg $15.20
    - Customers: over 2700 financial institutions worldwide
    - FY27 guide raised: $642-646M revenue, $135-140M FCF
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in ICLR.
    #ICLR #ICONplc #earnings #investing #stocks #ChargedAlpha #BankingSaaS #AI
    10 min
  • LI Stock: HOLD Call - Gross Margin Crashes to 7.9% Q1 2026
    Li Auto Inc. Q1 2026 earnings breakdown - conversational walkthrough with a price-aware verdict and Wall Street consensus comparison. China's former EV profit champion just swung to a loss.
    THE CALL: HOLD (3/5 conviction, MODERATE)
    - CURRENT @ $15.54 -> same
    - BUY below $13.00 with $11.00 stop
    - AVOID above $22.00
    TRIGGER: Watch for gross margin to climb back toward the low-to-mid teens over the next two quarters and for the i-series pure-EV ramp to stop diluting blended margin. A clear margin bottom plus stabilizing deliveries would justify upgrading toward BUY.
    WINDOW: 12-24 months.
    WALL STREET CONSENSUS
    - Ratings: 0 Strong Buy / 14 Buy / 12 Hold / 2 Sell / 0 Strong Sell -> HOLD
    - Median 12-month PT: $22.00 (range $13 - $34)
    THESIS
    Li Auto was the profit champion of China EV and just printed an ugly loss quarter as the price war and a pure-EV transition crushed margins. The bull case is a cheap, net-cash-rich franchise that survives the war and re-rates when margins heal; the bear case is that single-digit gross margin is the new normal.
    Bull lever: If gross margin recovers toward the mid-teens as the i-series ramp matures and deliveries restabilize, Li Auto swings back to profit and the stock re-rates off its 52-week low and depressed multiple.
    Key risk: China's EV price war is relentless and structural. If discounting persists, gross margin could stay in single digits, turning Li Auto from a temporary air pocket into a permanently lower-margin business despite its cash.
    KEY METRICS - Q1 2026 (figures per Li Auto press release; reports in RMB, USD as converted)
    - Revenue: $3.33B / RMB 23.0B (-6.5% YoY; beat est ~4.9%)
    - Deliveries: 95,142 vehicles (+2.5% YoY; beat 85-90k guide)
    - Gross margin: 7.9% (vs 20.5% a year ago; -1260 bps)
    - Vehicle margin: 6.1% (vs 19.8% a year ago)
    - GAAP operating margin: -13.1% (operating loss ~RMB 3.0B / $434.7M)
    - Net loss: RMB 2.3B / $330M; diluted EPS -$0.33 (non-GAAP -$0.30)
    - Free cash flow: -$1.1B; operating cash flow -$883M
    - Liquidity: ~$13.7B / RMB 94.3B; net cash ~$8.8B (strongest in China EV)
    - Q2 2026 guide: 95,000-100,000 deliveries; RMB 24.1-25.4B revenue (down 16-20% YoY); GM ~10%
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in LI.
    #LI #LiAuto #ChinaEV #electricvehicles #EREV #earnings #investing #stocks #ChargedAlpha
    10 min
  • GAP Stock: HOLD Call - Beat EPS, Cut Sales Guide, Rose 4% Q1 FY2026
    Gap Inc Q1 FY2026 earnings breakdown - conversational walkthrough with a price-aware verdict and Wall Street consensus comparison.
    THE CALL: HOLD (3/5 conviction, MODERATE)
    - CURRENT @ $25.01 -> HOLD
    - BUY below $21.00 with $17.00 stop
    - AVOID above $31.00
    TRIGGER: A pullback under $21 (sub-9x forward) OR a Q2 comp re-acceleration with the sales outlook restored to plus 2-3 percent
    WINDOW: Through Q3 FY2026 earnings (November 2026)
    WALL STREET CONSENSUS
    - Ratings: 2 Strong Buy / 6 Buy / 12 Hold / 2 Sell / 0 Strong Sell -> HOLD
    - Median 12-month PT: $32.00 (range $28 - $41)
    THESIS
    Gap is a cheap, cash-generative four-brand apparel retailer in the middle of a multi-year turnaround, with the Gap brand re-accelerating and disciplined cost management lifting profit.
    Bull lever: Nine consecutive quarters of positive comparable sales, a raised full-year adjusted EPS guide to 2.30 to 2.40 dollars, 464 million dollars returned to shareholders, and a 10x forward multiple with an 8 percent free-cash-flow yield.
    Key risk: The full-year sales outlook was cut to plus 1 to 2 percent, gross margin fell 130 bps, Athleta sales dropped 12 percent, and the high-beta apparel name carries direct tariff exposure on sourcing costs.
    KEY METRICS - Q1 FY2026
    - Net sales: $3.50B (+1% YoY); slightly below the $3.52B Street bar
    - Comparable sales: +2% (9th consecutive positive quarter)
    - By brand: Old Navy +1%, Gap +10%, Banana Republic +2%, Athleta -11% comp
    - Adjusted EPS: $0.38 (vs $0.37 est); GAAP EPS $0.90 (one-time gain)
    - Gross margin: 40.5% (-130 bps YoY)
    - FY26 guide: adj EPS RAISED to $2.30-$2.40; sales outlook CUT to +1-2%; $464M returned to shareholders
    - Stock reaction: rose 4% on the print
    DISCLAIMER
    This is for informational and educational purposes only. Not financial advice. Charged Alpha does not have a position in GAP.
    #GAP #GapInc #OldNavy #Athleta #BananaRepublic #apparel #retail #earnings #investing #stocks #ChargedAlpha #ANF #URBN
    9 min

About Charged Alpha Stock Encyclopedia

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⚡ Charged Alpha — The S&P 500 Stock Encyclopedia Data-driven deep dives into every stock in the S&P 500 after every earnings report. Each episode breaks down one company from open to close:…