SPWH 14.20 - I've already shorted against my long-calls position for a flat trade and as it was an intended quick-trade on the earnings event. I was not impressed with the guidance:
Fourth quarter and fiscal year 2020 outlook:
For the fourth quarter of fiscal year 2020, net sales are expected to be in the range of $356 million to $386 million based on same store sales growth in the range of 32% to 42% compared to the corresponding period of fiscal year 2019. Adjusted EBITDA is expected to be in the range of $31.0 million to $35.0 million with diluted earnings per share of $0.39 to $0.45 on a weighted average of approximately 44.5 million estimated common shares outstanding.
SNFCA seems a way better place to camp some money right now and BGFV is so close to falling back to $7's which would make it a way better buy than SPWH, if it's not already.
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