Market Overview

Companies That Blame The Weather For Earnings Misses

Companies That Blame The Weather For Earnings Misses

Coca-Cola (NYSE: KO) is so much more refreshing on a sunny day, wouldn't you say?

La-Z-Boy (NYSE: LZB) chairs are more comfortable when the sky is clear, are they not?

And when the temperature rises, consumers can't resist shopping at Target (NYSE: TGT).

That is more or less the claim of these and numerous other publicly-traded firms, who argue that bad or unexpected weather can lead to missed earnings. This suggests that great, summer weather should ensure their earnings are absolutely perfect.

But do you believe it? Can companies honestly claim that the weather is responsible for disappointing earnings results? Click through the slideshow and judge for yourself.

Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this slideshow.

Posted-In: American ApparelEarnings News Psychology Retail Sales Management Tech General Best of Benzinga


Related Articles (APP + F)

View Comments and Join the Discussion!