Focusing On Stocks With Great Upside Over Past One Month: $CAKE $ANF $AZUL

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Cheesecake Factory Factory unveils its Nourish Program

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The business performance of Cheesecake Factory Inc. (NASDAQ:CAKE) this time around beat last month's by a margin of 30.06%.

The Cheesecake Factory(R) (NASDAQ:CAKE) has over the years focussed on hunger relief, and intends to uphold that in the future. The recent unveiling of its Nourish Program has gotten the company leveraging on Copia's "zero food waste" technology platform to do several things. For instance, it has been engaging in food distribution activities to those in need. It has specifically focused on the local communities.

Before the inception of the new program, the company had been focusing on the food rescue program. The Cheesecake Factory restaurants have been engaging in food donations, in which case about 400,000 pounds of food were distributed in the course of this year. That is twice the amou8nt distributed in the previous year.

Abercrombie & Fitch witnesses a rise in stock

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Abercrombie & Fitch Co. (NYSE:ANF) experienced a 30.69% rise in stock and that in comparison to what was achieved in the previous month.

The projections show the Q3 revenue projections ranging from $690,778,000 and $733,951,000. A 17% drop in the Net sales which translates to about $698 million. That is in comparison to last years' performance. Checking out the statistics, it is easy to tell that the COVID-19 pandemic outbreak affected operations adversely. There was a rise in digital sales standing at $386 million, a figure translating to about 56%. The company admits that every month of the quarter has been characterized by a significant growth. The leveraging of operating expenses, in which case the costs were managed effectively Improvements in the operating income to stand at figures of about $14 million and $22 million .These are performances based on the reported and adjusted non-GAAP basis The operating loss witnessed over the previous year stood at about $39 million. An improvement in the Net income per diluted share, which on a reported and adjusted non-GAAP basis stood at values of $0.09 and $0.23 Over the previous year, the company had reported a $0.48 net loss per diluted share. The generation of some positive operating cash flows over the second quarter ended August 1, 2020 standing at $187 The quarter ended at $767 million of equivalents and cash and liquidity of almost $1.1 billion.

Azul SA speaks out on the codeshare agreement

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The performance of Azul SA (NYSE:AZUL) this time around has beat last month's by a margin of 20.16%.

The codeshare agreement between Latam Airlines Brazil and Azul Airlines has commenced. In Brazil alone, it has about 64 domestic routes. The agreement was pronounced on June 16, sparking about great excitement among the Brazilian customers. Sources indicate that they will gain access to travel options within the connected route networks. There will also be some travel benefits in place for the TudoAzul and Latam Pass members. These happen to be the loyalty programs belonging to the airline.

The company says that the interested persons can go ahead and buy the 35 non-overlap routes today. Azul customers will be buying their tickets on 12 routes run by Latam, whereas the Latam make their purchases on 23 routes operated by Azul. The loyalty program accrual partnership is going to be beneficial to Latam Pass' 37 million members and TudoAzul's 12 million members.

The codeshare strategy is about facilitating a smooth travel experience between the networks of Latam and Azul. The Brazilian domestic customer stands to benefit from the outstanding connectivity according to Azul's Chief Revenue Officer called Abhi Shah.

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