Research Analyst at Hedgeye Risk Management
Howard Penney is Managing Director and Senior Analyst at Hedgeye Risk Management, specializing in the U.S. restaurant industry and broader consumer sectors such as food distribution, supermarkets, beverages, alcohol, and cannabis. He covers a range of major companies including Glass House Brands, Pepsi, General Mills, and key restaurant chains, leveraging nearly two decades of research experience to deliver actionable investment insights and successful money-making ideas for clients. Penney began his career in financial analysis over twenty years ago and was among Hedgeye’s first hires, previously holding key analytical roles with a focus on consumer equities before joining Hedgeye’s Consumables team. He is recognized for quantitative risk management skills, though specific securities licenses or FINRA registrations are not publicly listed, and is distinguished for his high-conviction research calls and leadership in client-focused financial strategy.
Howard Penny of Hedgeye asked for an expansion on management's comments about having "less hope" for the New York market in the near term.
CFO Anthony Georgiadis explained that a complex and slow regulatory rollout, a different program structure, and a rampant, unenforced illicit market have collectively tempered the company's near-term expectations for New York.