Breaking News
Nike   Walgreens Boots   MillerKnoll   Raymond James   Micron Tech   AeroVironment   BlackBerry   FedEx   Carnival  
  • ALL
    • Breaking News
    Jun 7, 2023
    • Stitch Fix Inc soared 9% to $4.01 after the online fashion platform posted a loss of 19 cents a share on revenue of $395 million. 

      Net revenue in the fiscal third quarter ending in April declined 20% to $394.9 million and active clients fell 11% to 3.476 million. 

      Net loss in the quarter shrank to $12.8 million from $78 million and diluted loss per share fell to 19 cents from 78 cents a year ago. 

      The company estimated fiscal fourth quarter revenue between $345 million and $365 million,  a decline between 20% and 22% from a year ago. 

      The company also said it plans to exit from the UK in the next fiscal year.
      • Dave & Buster's Entertainment Inc jumped 4.7% to $35.34 after the restaurant chain operator reported quarterly results ahead of market expectations. 

        Revenue in the first quarter increased 32.4% to $597.3 million and comparable sales including Main Event stores decreased 4.1% from a year ago. 

        Net income increased to $70.1 million from $67.0 million and diluted earnings per share advanced to $1.45 from $1.35 a year ago. 

        The company repurchased 3.6 million shares in the first quarter at a total cost of $125.5 million and subsequent to the end of  the quarter, the company purchased an additional 2.1 million shares at a total cost of $74.5 million, bringing the total  repurchases in fiscal 2023 to 5.7 million shares totaling $200.0 million, representing 11.8% of the outstanding shares as of  the end of fiscal 2022.

        The company signed two international franchise agreements for up to 15 stores in India and up to 5 stores in Australia. 
        • Yext Inc soared 45% to $13.94 after the online marketplace operator reported better-than-expected quarterly results. 

          Revenue in the fiscal first quarter ending in April increased 1% to $99.4 million from $98.8 million and net loss shrank to $0.4 million from $25.8 million and diluted loss per share eased to breakeven from 20 cents a year ago. 
          • Jun 6, 2023
          • Thor Industries Inc soared 8.6% to $89.03 after the recreational vehicle maker reported better-than-expected quarterly earnings and lifted its full-year estimate. 

            Net sales in the third quarter ending in April dropped 37.1% to $2.93 billion and net income plunged to $120.7 million from $348.1 million and diluted earnings per share fell to $2.24 from $6.32 a year ago. 

            The company tightened its full-year net sales and diluted earnings per share outlook.

            The company lowered its fiscal year 2023 sales range between $10.5 billion and $11.0 billion from the previous range between $10.5 billion and $11.5 billion. 

            Fiscal year 2023 diluted earnings per share range was revised to between $5.80 and $6.50 from between $5.50 and $6.50.  
            • Mobileye Global Inc declined 2.5% to $41.44 after the company announced its plan to sell 35 million class A shares in a secondary offering according to a regulatory filing. 
              • GitLab Inc increased 23.6% to $43.77 after the database developer reported smaller-than-estimated loss and offered a positive outlook for the current quarter and full-year. 

                Revenue in the fiscal first quarter ending in April increased 45% to $126.9 million from $87.4 million and net loss expanded to $52.5 million from $26.1 million and diluted loss per share widened to 35 cents from 18 cents a year ago. 

                The company guided fiscal second quarter revenue between $129.0 million and $130.0 million and for full-year between $541.0 million and $543.0 million. 

                The database developer forecasted non-GAAP fiscal second quarter net loss between 10 cents and 11 cents and for full-year 14 cents and 18 cents.   
                • Cracker Barrel Old Country Store, Inc decreased 2.5% to $94.93 after the reported quarterly results that missed some investors' expectations. 

                  Revenue in the fiscal third quarter ending in April increased 5.4% to $832.7 million, and comparable store restaurant sales increased 7.4% while comparable store retail sales fell 4.6%. 

                  Net income declined to $14.0 million from $27.5 million and diluted earnings per share fell to 63 cents from $1.19 a year ago. 

                  The company estimated fiscal fourth quarter revenue to increase between 1% and 3% and capital expenditure between $30 million and $35 million. 

                  In the quarter, the restaurant company plans to open one new Cracker Barrel restaurant and five to seven new Maple Street Biscuit Company restaurants. 

                  The company also estimated flat commodity inflation in the quarter and wage inflation of approximately 5% compared to a year ago.

                  GAAP operating income margin rate of 4.1% to 5.1% and adjusted operating income margin rate of 4.5% to 5.5%.
                  • Jun 5, 2023
                  • EPAM Systems Inc declined 19.9% to $208.30 after the software developer lowered its sales and earnings outlook for the second quarter and full year.

                    Revenue in the first quarter increased 3.4% to $1.21 billion from $1.17 billion but net income rose to $102.3 million from $89.7 million and diluted earnings per share advanced to $1.73 from $1.52 a year ago.  

                    For the full year, EPAM lowered its revenue estimate in the range of $4.95 billion to $5.0 billion and diluted earnings per share in the range of $8.11 to $8.31. 

                    For the second quarter the company lowered its revenue estimate in the range of $1.195 billion to $1.205 billion and diluted earnings per share in the range of $1.82 to $1.90. 
                    • Jun 2, 2023
                    • SentinelOne Inc plunged 36.10% to $13.10 after the cybersecurity company reported lower-than-expected sales in its latest quarter and cut its annual outlook. 

                      Revenue in the first quarter ending in April increased to $133.4 million from $78.2 million and net loss expanded to $106.8 million from $89.8 million and diluted loss per share was 37 cents compared to 33 cents a year ago. 

                      The company estimated second quarter revenue to grow 38% to $141 million and full-year revenue between $590 million and $600 million.
                      • Zscaler Inc increased 8.1% to $146.10 after the company reported better-than-expected quarterly results. 

                        Revenue in the fiscal third quarter ending in April increased 46% to $418.8 million. 

                        Net loss declined to $46.0 million, compared to $101.4 million and diluted loss per share fell to 32 cents from 72 cents a year ago. 

                        The company estimated revenue for the fiscal fourth quarter between $429 million and $431 million and for the full-year between $1.591 billion to $1.593 billion.