【does doc holliday have any living relatives】Jonas Brothers Drop Fabulous 'Sucker' Music Video Featuring Priyanka Chopra, Sophie Turner & Danielle Jonas
时间:2024-09-29 12:30:36 出处:Entertainment阅读(143)
New
Jonas Brothers
music is does doc holliday have any living relativesofficially here!
Hours after
announcing their reunion,
the trio -- composed of
Nick
,
Joe
and
Kevin Jonas
-- dropped their new single titled "Sucker," as well as its accompanying music video. The track marks the band's first song in nearly six years, and it does not disappoint.
Dressed to the nines in stylish ensembles, the brothers are seen inside a luxurious mansion, with each doing their own thing in an array of rooms. When they come together to perform the track with their instruments, Joe is seen in a dapper all-black look, Kevin wears a red-and-black sequin suit, and Nick dons red pants and a matching red vest by Michael Cinco that shows off his buff arms.
The hip-shaking visual also features Nick, Joe and Kevin's significant others Priyanka Chopra, Sophie Turner and Danielle Jonas, respectively. The ladies are elegantly and glamorously dressed as they interact with the singers and one another.
On Thursday morning, the Jo Bros announced their long-awaited return to the stage since calling it quits in 2013. They also teased their week-long takeover of
The Late Late Show With James Corden
with a
fun "Carpool Karaoke" clip.
View this post on Instagram
We’re baaaccckkkk… @latelateshow #LateLateJonas
A post shared by
Jonas Brothers
(@jonasbrothers) on Feb 28, 2019 at 7:06am PST
Rumors of a reunion circulated earlier this year when the band
reactivated their social media accounts
and fans (naturally) went wild!
Here's to hoping that they also announce a world tour soon. For more on their reunion, watch the video above.
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上一篇: 5 High-Yield Stocks to Defy Coronavirus-Led Crisis in April
As shown below, the results in the quarter materially changed the trend in two-year stacked comps for each of the banners, along with a significant acceleration for consolidated comps.
The increase in consolidated comps was the primary driver of an 8% increase in revenues to $6.3 billion. The company ended the quarter with 15,370 locations, up less than 1% year-over-year. This reflects a 7% increase in Dollar Tree units, offset by a 4% decline in Family Dollar units.
The top-line results at each banner flowed through to their respective income statements, with Dollar Tree gross margins and operating margins declining year-over-year while Family Dollar gross margins and operating margins expanded year-over-year. On a consolidated basis, gross margins contracted by 120 basis points in the quarter to 28.5%, reflective of a shift to lower-margin consumables, tariff costs and the impact of markdowns from the Easter headwinds at the Dollar Tree banner. The company saw slight operating leverage on SG&A from higher comps, with the net result being an 80 basis point contraction in operating margins to 5.8%, with operating income declining 5% to $366 million. This is not adjusted for $73 million of pandemic-related costs, such as PPE supplies.
In the first quarter, the company opened 85 stores (net of closures) and completed 220 Family Dollar renovations to the H2 format. Importantly, comps at renovated Family Dollar stores continue to outpace the chain average by more than 10%. On the call, management indicated that they plan on reducing both the number of new store openings (from 550 to 500) and the number of H2 renovations (from 1,250 to 750) in 2020.
Personally, given the fact that Family Dollar is seeing material benefits to its business from the pandemic with new or lapsed customers coming into its stores, I think the company should try to get more aggressive with its renovation plans, not less. On the other hand, you could argue that renovations cause short-term disruptions and limit their ability to fully capitalize on the business momentum they are currently experiencing.
As a result of fewer new stores and remodels, management now expects 2020 capital expenditures to total $1.0 billion compared to previous guidance of $1.2 billion. In addition, the company has temporarily suspended share repurchases. At quarter's end, the company had $1.8 billion in cash on its balance sheet compared to $4.3 billion in total debt.
Conclusion
In recent years, Dollar Tree has been a tale of two cities. While its namesake banner has generally delivered impressive financial results, Family Dollar has been a persistent underperformer. This quarter, those results flipped, and given what we've seen in the weeks since quarter's end, there's a decent possibility that we will see something similar in the coming months. As the CEO noted, the second quarter is off to a very good start at Family Dollar.
Here's the important question: how useful is that information is in terms of making future predictions about the business? Will recent success at Family Dollar translate into long-term success for the banner? The optimistic take is that new or lapsed customers, especially those visiting the renovated stores, could become recurring business for the banner. The pessimistic take is that they have experienced short-term success out of necessity as people went to any store that was open to try and find essentials like toilet paper and hand sanitizer that were largely out of stock throughout the retail landscape. From that view, many of these customers could abandon the retailer when life returns to normal. As Philbin noted on the conference call, early on [during the pandemic], folks needed us. Will people still shop as much at Family Dollar when it's no longer a necessity?
Personally, I do not place too much weight on the recent results. I will need to see incremental data points that indicate that Family Dollar has truly won sustained business from these new customers. While I still believe that the Dollar Tree banner is a well-positioned retailer with attractive unit returns, I'm not yet willing to say the same thing for Family Dollar. For that reason, along with the recent run-up in the stock price, I plan on staying on the sidelines for now.
Disclosure: None
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