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Sean McGarvy headshot Sean McGarvy CINCINNATI, Sept. 28, 2026 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) has promoted veteran news leader Sean McGarvy to head of news, effective Oct. 5. McGarvy will lead news and content strategy and oversee news standards for Scripps News Group, bringing Scripps’ local newsrooms, digital operations and Scripps News, the company’s national streaming news network, closer together under a unified, consumer-focused strategy. In this role, he will dr
The performance of consumer discretionary businesses is closely linked to economic cycles. This sensitive demand profile can cause the industry to underperform when macro uncertainty enters the fray, and over the past six months, its 1.6% return has fallen short of the S&P 500’s 12.9% gain.
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Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around. Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
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