To The Moon

As the earnings season is coming to an end, we’d like to review this earnings season. Many stocks rose to an all-time-high or a new high in Q1. According to Factset, consumer discretionary sector posted the highest earnings growth. Therefore, this article will list the cosumer discretionary stocks that reach a new high in Q1. Consumer Discretionary Stocks That Reached A New High 1.$Pepsi(PEP)$ rose to an all-time-high of $196.88 on 15th May. It posted earnings on 26th April, which boosted its outlook for the year and beat revenue expectations. Adjusted EPS: $1.50 vs. $1.39 Revenue: $17.85 bln vs. $17.22 bln 2. Burrito chain $Chipotle Mexican Grill(CMG)$ rose to an all-time-high of $2139.88 on 22nd May. Chipotle Mexican Grill jumped 7.7% on the day following the company’s latest financial results. Its earnings and revenue both topped analysts’ expectations, fueled by better than expected same-store sales growth. Same-store sales rose 10.9%, topping StreetAccount estimates of 8.6%. EPS: $10.50 vs. $8.92 Revenue: $2.37 bln vs. $2.34 bln Same-store sales growth: 10.9% vs. 8.6% The company reiterated its plans to open between 255 to 285 new restaurants during 2023. 3. Energy drink firm $Celsius Holdings, Inc.(CELH)$ rose to an all-time-high of $138.8 on 18th May. Celsius Holdings Inc's shares rose nearly 20% after its earnings and revenue beat. The company reported first-quarter earnings of $0.40, $0.21 better than the analyst estimate of $0.19, while revenue for the quarter came in at $260 million versus the consensus estimate of $218.31M. EPS: $0.40 vs. $0.19 Revenue: $260 million vs. $218.31M. Reacting to the report, Jefferies analysts raised the firm's price target on the stock to $140 from $130, maintaining a Buy rating. 4. $e.l.f. Beauty Inc.(ELF)$ , the cosmetic and skin care producer rose to all-time-high of $107.15 yesterday. It rocketed about 20% after offering a pretty guidance of the business and its prospects. Sales: $187.4 mln vs. $156.12 mln Adjusted EPS: $0.42 vs. $0.20 The cosmetics and skin care producer posted a 78% jump in net sales year over year to $187.4M, comfortably beating the $156.12M consensus expectation for the quarter. Meanwhile, $0.42 in adjusted earnings per share for the quarter more than doubled the $0.20 consensus expectation. 5. $Urban Outfitters(URBN)$ , retailer and wholesale, rose to a new high of $32.52 yesterday. Shares of Urban Outfitters popped about 8% after the company reported fiscal first-quarter earnings that beat Wall Street’s estimates on the top and bottom lines. EPS: 56 cents vs.35 cents expected Revenue: $1.11 bln vs.$1.09 bln expected