Category: Live Fabulously
While everyone from Oprah to Britney to the CNBC staff and even my ex girlfriend has accepted and participated in the Ice Bucket Challenge, we did our own challenge. Our challenge focused on being more productive, reducing our expenses and being healthier. We decided to go thirty days without a single drink of wine, beer or liquor. Yikes! That was more shocking to our system than any bucket of ice could be. We’ve done cleanses before when we went two weeks without drinking, but 30 days is the longest we have gone without drinking since our teens or twenties (David was a late bloomer). What we learned was interesting and valuable for us, so we thought we’d share.
On Monday, July 21st, both Chipotle and Netflix released second quarter 2014 earnings. Chipotle’s second quarter 2014 revenue was up 28 percent to $1.05 billion. Netflix net income more than doubled to $71 million in the second quarter from $29 million from second quarter 2013. Both companies crushed analyst, investor and, likely, their own expectations. This caused both stocks to soar in afterhours trading on Monday and subsequent sessions thereafter.
What does this mean?