SN released its 23Q3 results earlier today. Quite strong IMO. Upgraded the full year rev, adj. EBITDA, and adj. net income guidance, which is very impressive as most other US consumer companies I follow have downgraded their guidance. What’s more impressive is that the strong growth is achieved without the retailers restocking. The management remains positive for the business momentum in 2024 as the new products usually take a year to penetrate. And they expect to introduce similar amount of new products next year. I expected the stock price to be headed to $50, yet it went south to $40, though recovered most of the losses at the end of the day. It’s beyond me. Love to hear your opinion.