Category: Newsfeed
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Copart: 2Q25 Business Update (Calendar 4Q24)
(If you are a Speedwell Member, click here to get the full version of this post) 2Q25 (Calendar 4Q24) Business Commentary. Copart reported another strong quarter, showing progress on their international efforts while continuing to (somehow) further entrench their dominance in the U.S. market. Copart’s service revenues increased +15%…
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Floor & Decor 4Q24 Business Update
4Q Business Commentary. Floor & Decor reported 4Q24 earnings and after an extreme after-hours move (+13%) it closed the following day +2%. Overall 4Q revenues grew +5.7% y/y and they opened 10 new warehouse stores, putting them at a total of 251 (not including 5 design studios). Same store sales…
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Perimeter Solutions 4Q24 Business Update
(If you are a Speedwell Member, click here to get the full version of this post) 4Q24 Update. PRM reported 4Q24 and the stock dropped 15% over the next couple days. While it is always hard to understand what the market is pricing in, there is little in their results…
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CoStar Group 4Q24 Business Update
4Q24 Update. CoStar Group grew +10% y/y, down slightly from last quarter’s growth rate of +11% y/y. This marks their 55th consecutive quarter of double digit revenue growth. This quarter was generally a continuation of trends we saw last quarter with commercial office activity still depressed. However, they noted that…
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Evolution’s Todd Haushalter on The Synopsis Podcast
We are thrilled to announce the release of our podcast with Evolution’s Chief Product Officer Todd Haushalter. Find it on Apple, Spotify, or wherever else you listen to your podcasts. Episode Details. Todd Haushalter joined Evolution in 2015 and is responsible for having created billions of dollars of value for…
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Airbnb 4Q24 Business Update
4Q24 Update. (Speedwell member, please click here for a members version of this post.) Airbnb reported 4Q24 and the stock was up +15%. If you recall, over the past couple of quarters Brian Chesky and CFO Elinor Mertz, have called for an acceleration of growth. In 2Q24 Elinor Mertz said:…
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The Invisible Competitor: When Creating Value is Better than Fighting for It
Intro. “When people compete, somebody loses. So go where you’re the only one. Do what only you can do. Run a race with yourself.” – Peter Thiel If you were taking a test and didn’t know the answer, you might cheat and look at how someone else was answering. However,…
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Evolution: 4Q24 Business Update
Before we get to the update, we have a very exciting announcement! Evolution’s Todd Haushalter will be on The Synopsis Podcast! We are very excited to announce that Todd Haushalter will be featured on our podcast next week! We are recording the episode Friday, so feel free to comment any…
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Axon Business History
Welcome to Speedwell Research’s Newsletter. We write about business and investing. Our paid research product can be found at SpeedwellResearch.com. You can learn more about us here. There is a podcast of this memo available if you prefer listening to it. You can find it on our podcast feed here…
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Airbnb Deep Dive
Welcome to Speedwell Research’s Newsletter. We write about business and investing. Our paid research product can be found at SpeedwellResearch.com. You can learn more about us here. This is a new company report announcement. Members can access Speedwell’s Reports here. You can become a Speedwell Member here. Airbnb was a…