Breaking News
Dollar Tree   Asana   Signet Jewelers   Ollie's Bargain   Dollar General   Ulta Beauty   Foot Locker   GAP   Burlington Stores  
  • ALL
    • Breaking News
    Jun 4, 2025
    • Dollar Tree Inc. eased 2.3% to $94.48 after the discount retailer reported fiscal first quarter 2025 results and issued a cautious outlook.

      Net sales in the quarter ending on May  3 climbed to $4.64 billion from $4.16 billion, net income edged up to $343.4 million from $300.1 million, and diluted earnings per share from continuing operations rose to $1.47 from $1.23 a year ago.

      Diluted earnings per share from discontinued operations inched down to 14 cents from 15 cents a year earlier.

      Same-store sales increased 5.4% in the quarter, with traffic up 2.5% and average ticket size up 2.8%.

      The company estimated full-year net sales to range between $18.5 billion and $19.1 billion, compared to $17.6 billion a year earlier, and comparable store sales to increase between 3% and 5%.

      Dollar Tree also expects full-year adjusted diluted earnings per share from continuing operations to be between $5.15 and $5.65, compared to $4.83 a year ago.

      Dollar Tree expanded its operations, opening 148 new stores during the first quarter.

      During the second quarter, the company is expected to sell its Family Dollar business to Brigade and Macellum for $1.007 billion.

      “We expect second-quarter adjusted EPS from continuing operations could be down as much as 45% to 50% year-over-year before re-accelerating in the third and fourth quarters to meet our full-year earnings outlook,” the company said in a release to investors.

      Second-quarter comparable sales growth will be towards the higher end of the full-year outlook range of 3% to 5%, the company added in the statement.
      • Asana Inc. dropped 8% to $17.48 despite the team collaboration and work management software company reporting higher revenue in the first quarter of 2025.

        Revenue jumped to $187.27 million from $172.45 million, net loss shrank to $40.02 million from a loss of $63.72 million, and diluted loss per share narrowed to 17 cents from a loss of 28 cents a year ago.

        The company guided second-quarter revenue to be between $192.0 million and $194.0 million, an increase of 7% to 8% from $162.5 million, and non-GAAP net income per share between 4 cents and 5 cents, compared to a loss of 4 cents a year ago, respectively.

        For the full year, the software company estimated revenue to be between $775.0 million and $790.0 million, an increase of 7% to 9% from $652.5 million, and non-GAAP net income per share of 22 cents, compared to a loss of 20 cents a year earlier, respectively.
        • Jun 3, 2025
        • Signet Jewelers Ltd. soared 17.6% to $78.60 after the diamond jewelry retailer reported better than expected fiscal first-quarter 2026 results.

          Sales increased to $1.54 billion from $1.51 billion, net income swung to a profit of $33.5 million from a loss of $40.1 million, and diluted earnings per share were 78 cents, compared to a loss of 90 cents a year ago.

          Same-store sales jumped 2.5% from a year earlier.

          The company has announced a quarterly cash dividend of 32 cents per share for the second quarter, payable on August 22 to shareholders on record on July 25.

          During the first quarter, the company repurchased approximately 2.1 million shares for $117.4 million, and subsequent to quarter end, it has repurchased approximately 235,000 additional shares for $15 million through June 2.

          The company has nearly $600 million in share repurchase authorization remaining.

          The jewelry retailer guided second-quarter sales to range between $1.47 billion and $1.51 billion, compared to $1.49 billion a year ago, and same-store sales to be between negative 1.5% and up 1%.

          The company also estimated adjusted operating income in the second quarter to range between $53 million and $73 million, compared to $68.6 million a year earlier.

          For the full year, the company estimated sales to be between $6.57 billion and $6.80 billion, compared to $6.70 billion a year earlier, and same-store sales to be between negative 2% and up 1.5%.

          Adjusted operating income for the full year is expected to range between $430 million and $510 million, compared to $498.1 million a year ago.
          • Ollie's Bargain Outlet Holdings Inc. eased 2.6% to $108.99 after the discount retailer reported first-quarter 2025 results.

            Net sales jumped to $576.77 million from $508.82 million, net income edged up to $47.56 million from $46.34 million, and diluted earnings per share rose to 77 cents from 75 cents a year ago.

            Comparable store sales increased 2.6% on top of 3% growth in the previous year, and the company opened 25 new stores, compared to four new stores in the same quarter last year.

            The company said Ollie’s Army loyalty members increased 9.2% to more than 15.5 million in the quarter.

            The discount retailer guided full-year net sales to range between $2.58 billion and $2.60 billion, compared to $2.27 billion a year earlier, and higher than the previous forecast.

            The company also expects full-year comparable store sales to increase between 1.4% and 2.2%, higher than the previous estimate of 1% to 2%.

            The retailer said full-year adjusted net income is estimated to be between $225 million and $232 million, or $3.65 to $3.75 per diluted share, compared to $202.4 million, or $3.28 per diluted share, a year ago.

            The company plans to open 75 new stores in fiscal 2025.
            • Dollar General Corp. surged 10.7% to $107.60 after the discount retailer lifted its annual outlo

              Net sales increased to $10.43 billion from $9.91 billion, net income jumped to $391.9 million from $363.3 million, and diluted earnings per share rose to $1.78 from $1.65 a year ago.

              Same-store sales increased 2.4% in the quarter, and cash flows from operations edged up 27.6% to $847.2 million.

              The company announced a quarterly cash dividend of 59 cents per share, payable on July 22 to shareholders on record on July 8.

              As of May 2, total merchandise inventories, at cost, were $6.6 billion compared to $6.9 billion a year ago, a decrease of 7% on an average per-store basis.

              The company guided fiscal 2025 net sales to increase between 3.7% and 4.7%, compared to $40.6 billion a year ago, and same-store sales to grow between 1.5% and 2.5%, higher than the previous estimate of 1.2% to 2.2%.

              Dollar General also expects full-year diluted earnings per share to range between $5.20 and $5.80, compared to $5.11 a year earlier.
              • Jun 2, 2025
              • Ulta Beauty Inc. traded down 1.0% to $466.76 despite the cosmetics retailer reporting higher revenue in the first quarter of 2025.

                Net sales jumped to $2.8 billion from $2.7 billion, net income fell to $305.1 million from $313.1 million, and diluted earnings per share rose to $6.70 from $6.47 a year ago.

                Comparable sales, which include sales from stores open for at least 14 months and e-commerce transactions, rose 2.9%, driven by a 2.3% rise in average ticket and a 0.6% increase in transaction volume.

                The company anticipates net sales for the year to range between $11.5 billion and $11.7 billion, compared to $11.3 billion a year ago, with comparable sales growth estimated between flat and 1.5%.

                During the first quarter, the beauty product retailer opened six stores, remodeled four stores, and relocated two stores.

                The company plans to open 60 new stores in fiscal 2025, along with 40 to 45 store remodeling and relocation projects.

                The stock has gained 15.1% in the past three months compared with the industry’s growth of 2.9%.
                • May 30, 2025
                • Foot Locker Inc. traded flat at $23.93 after the footwear and apparel retailer swung to a loss in the fiscal first quarter of 2025.

                  Total sales were down 4.6% to $1.79 billion from $1.87 billion, net income swung to a loss of $363 million from a profit of $8 million, and diluted earnings per share swung to a loss of $3.81 from a profit of 9 cents a year ago.

                  Comparable sales decreased 2.6%, with comparable sales in the North American region declining 0.5% and in the international segment they were down 8.5%, led by softness in Foot Locker Europe.

                  Dick's Sporting Goods Inc. has agreed to acquire Foot Locker for $2.4 billion.
                  • GAP Inc. plunged 14.8% to $23.80 after the specialty apparel company failed to meet analyst expectations in the fiscal first quarter of 2025 and warned of tariff-related costs in the future.

                    Revenue increased to $3.46 billion from $3.39 billion, net income climbed to $193 million from $158 million, and diluted earnings per share rose to 51 cents from 41 cents a year ago.

                    Comparable sales were up 2% from a year earlier, and online sales increased 6%, representing 39% of total net sales.

                    Excluding the potential impact from imposed tariffs, the company guided full-year net sales to grow between 1% and 2% from $15.1 billion and net interest income to decline to $15 million from $25 million in the previous year, respectively.

                    Furthermore, GAP plans to close approximately 35 stores during 2025, after closing 56 stores last year.

                    For the second quarter, the retailer estimated net sales to remain flat year-over-year.
                    • Burlington Stores Inc. traded flat at $227.80 after the off-price department store retailer reported strong results for the fiscal first quarter of 2025.

                      Revenue increased to $2.50 billion from $2.36 billion, net income jumped to $100.83 million from $78.51 million, and diluted earnings per share rose to $1.58 from $1.22 a year ago.

                      Comparable store sales were flat, at the midpoint of guidance, and on top of 2% last year.

                      The company repurchased 445,285 shares of its own stock for $105 million during the quarter, and $158 million remained under repurchase authorization.

                      In addition, the company’s board of directors authorized the repurchase of up to an additional $500 million, which is authorized to be executed through May 2027.

                      Burlington Stores guided second-quarter sales to increase between 5% and 7%, compared to $2.46 billion, assuming comparable store sales will be breakeven to up 2%, and adjusted earnings per share between $1.20 and $1.30, compared to $1.24 a year ago, respectively.

                      For the full year, the retailer estimated sales to grow between 6% and 8%, compared to $10.62 billion, assuming comparable store sales will be breakeven to up 2%, and adjusted earnings per share between $8.70 and $9.30, compared to $8.35 in the previous year, respectively.
                      • Li Auto Inc. gained 0.7% to $28.70 despite the China-based electric vehicle maker reporting sharply lower net earnings in the fiscal first quarter 2025.

                        Revenue declined to 25.63 billion yuan from 44.27 billion yuan, net income slumped to 592.56 million yuan from 3.52 billion yuan, and diluted earnings per share fell to 0.28 yuan from 1.65 yuan a year ago.

                        The company delivered 92,864 vehicles in the quarter, an increase of 15.5% from 80,400 vehicles a year earlier.

                        Li Auto guided second-quarter revenue to be between 32.5 billion yuan and 33.8 billion yuan, an increase of 2.5% to 6.7% from 31.7 billion yuan a year earlier.

                        The company also expects to deliver between 123,000 and 128,000 vehicles during the second quarter, an increase of 13.3% to 17.9% from 108,581 vehicles in the previous year.