At Netflix Green is the New Black, Mucho Verde at Chipotle and Harleys Not Hogging the Market

I’ll subscribe to that…

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As if the popularity behind Orange is the New Black and House of Cards weren’t good enough, things at Netflix just keep getting better. The video streaming company surpassed the 50 million subscriber mark and released second quarter earnings with revenues hitting $1.34 billion. That figure was in fact an almost 37% increase over last year’s number.  So whose watching Netflix? Sure Americans are but the California-based comoany has pretty much doubled its international streaming. Net income for the company was $71 million, which is more than double the $29 million in net income it pulled in a year ago. Earnings per share came in at $1.15. In case you’re wondering just how much higher Netflix can go, just watch when it invades a bunch of European countries including Germany, France and Switzerland.

Ole Chipotle…

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Things are looking mucho grande at Chipotle Mexican Grill (CMG) as the food chain just released its mucho bueno earnings. As you may have heard, the company sets out to use higher quality ingredients than some other fast-food chains.  As you also may have heard, those ingredients tend to cost a bit more – and they keep going up. So like any other company would explicably do, it raised its prices in April to offset the price increase of those higher quality ingredients. But, because millennials – and regular people too (but especially millennials) –  appreciate all the thought and effort that goes into preparing that higher quality food, they still preferred to dine at Chipotle, which helped the company beat analysts predictions hard core. Revenue was up 29% to $1.1 billion and the stock hit an all time high. Their catering division (yes they do that too) also brought in some nice cash thanks to May and June and the numerous events that take place during that time. Be on the lookout for more Chipotles to open their doors as close to 200 of them are in the works.

Dude, where’s my hog?

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Harley-Davidson – a name that evokes adventure, American ruggedness, and earnings too. Indeed, the biggest US producer of arguably the most iconic vehicle on two wheels regularly churns out a profit – $354 million this year with net income up 30%. Unfortunately the company’s profit has been declining for a couple of years now. And even though revenue was up 12%, the company will be putting out 9,000 fewer hogs this year. Apparently (potential) riders are eagerly awaiting the arrival of the new Street models and have been not so eager to buy other models. That and a particularly nasty winter – yes, even those rugged Harley riders were not immune from Mother Nature’s wrath – have got the legendary company rethinking its numbers. So get out there and get yourself on a hog!