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BRK.B Jan 2025 230.000 call

OPR - OPR Delayed Price. Currency in USD
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202.00+16.75 (+9.04%)
As of 09:48AM EST. Market open.
Full screen
Previous close185.25
Expiry date2025-01-17
Day's range202.00 - 202.00
Contract rangeN/A
Open interest12.45k
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    US consumer remains 'very, very strong': Brooks Running CEO

    Brooks Running reached $1 billion in North American revenue last year for the first time in the company's history. Year-over-year, the Berkshire Hathaway (BRK-B, BRK-A) subsidiary posted revenue growth of $1.2 billion in 2023. Brooks Running CEO Jim Weber says that in the US the consumer remains strong, but that there are headwinds in Europe. When it comes to inflation, Weber says the company did experience cost increases coming out of the pandemic, particularly when it comes to transportation. However, he notes that the company hasn't raised prices in the last two years because those pressures have abated some. "In our product supply chain structures, we're not seeing a lot of inflation pressure right now and our prices aren't going up on a shoe-for-shoe basis in '24," Weber says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.