Disney, Affirm and Robinhood on the Move After Earnings, Plus How to Trade Capri’s “Disaster” Quarter 2/8/23
CNBC's "Fast Money"
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The Stock Is Cheap Now
The problem was Michael Coors, and it was primarily wholesale. When you've got a giant revenue miss, it's very hard to catch up with cost cutting or whatever. I think their whole concept of creating a luxury conglomerate that would trade at a luxury price to earnings multiple has failed. The stock deserves to be cheap now. It's not working. Whatever they're trying to do is not working and they haven't fixed it yet.
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