Breaking News
PVH   MongoDB   Five Below   Lululemon   Lands’ End   Ciena   DocuSign   Broadcom   Dollar Tree  
  • ALL
    • Breaking News
    Mar 8, 2023
    • U.S. private payrolls increased by 242,000 in February, higher than the revised 119,000 increase in January. The February's gains were driven by 190,000 additions in the service sector and 52,000 increase in the manufacturing sector. Overall wage gains decelerated to 7.2%.   
      • The U.S. trade deficit in goods and services increased slightly in January after exports rose faster than imports, the Bureau of Economic Analysis reported Wednesday. 

        Exports increased 3.4% and soared 13.3% to $257.5 billion.  Imports rose 3.0% from the previous month and jumped 3.5% to $325.7 billion. Overall trade deficit for goods and services increased 1.6% from the previous month but fell 21.9% from the previous year to $68.3 billion. 
        • The number of job openings declined slightly in January by 41,000 to 10.824 million from an upwardly revised 11.234 million in December, the JOLT survey from the U.S. Labor Department showed Wednesday. 

          Job openings in construction declined by 240,000, leisure and food services by 204,000 and insurance and financial services by 100,000 but rose in transportation, warehousing and utilities by 94,000 and nondurable goods manufacturing by 50,000. 

          Total hires in the month increased to 6.37 million, the largest total since August and separations were stable at 5.9 million. Quits within separations fell to 3.88 million and layoffs and discharges rose 16% or 241,000 to 1.7 million.  
          • Mar 7, 2023
          • Dick's Sporting Goods Inc said revenue in the fourth quarter rose 7.3% to $3.60 billion from $3.35 billion in the previous year and comparable store sales rose 5.3%.Net income fell to $235.6 million or $2.60 per share from $346.1 million or $3.16 per share in the prior-year quarter.

            Revenue in the full-year 2022 increased 0.6% to $12.4 billion and net income declined $1.04 billion from $1.5 billion and diluted earnings per share fell to $10.78 from $13.78 in the previous year. 

            The specialty retainer guided comparable sales in 2023 to be in the range of flat to 2.0% and diluted earnings per share in the range between $12.90 and and $13.80, including $0.20 for the 53rd week.   
            • AeroVironment Inc said revenue in the third quarter ending on January 28 increased 49% to $134.4 million and net loss increased to $676,000 from $35,000 and diluted loss per share was 3 cents compared to breakeven in the previous year. 

              The company said funded backlog increased 83% from a year ago to $413.9 million at the end of the quarter.  
              • Squarespace, Inc said fourth quarter revenue increased 10% to  $228.8 million from $207.4 million a year ago. 

                Net loss in the quarter increased to $234.0 million from $16.3 million, including non-cash goodwill impairment charges of $225.2 million related to acquisition of Tock in March 2021. Net loss in the quarter was $8.8 million excluding goodwill charge. Diluted earnings per share rose to $1.72 from 12 cents a year ago. 

                In the full-year 2022, revenue increased 11% to $867.0 million from $784.0 million and net loss increased to $252.2 million from $249.1 million and diluted loss per share fell to $1.82 from $2.60 a year ago. 

                Unique subscriptions increased 3% to over 4.2 million in 2022 and average revenue per unique subscription increased 3% to $209.16 from $202.54 in 2021.
                • Harte Hanks, Inc said revenue in the fourth quarter increased 5.4% to $54.8 million from $52.0 million a year ago. 

                  Net income increased to $21.8 million, inclusive of a one-time $19.8 million tax benefit and $1.4 million in other expenses mainly related to pension expense and foreign currency loss, compared to net income of $1.8 million a year ago.  Diluted earnings per share was $2.70 compared to 20 cents a year ago. 

                  In the full-year 2022, revenues increased 6% to $206.3 million from $194.6 million and net income rose to $36.8 million from $15 million and diluted earnings per share was $4.75 compared to $1.76 a year ago. 
                  • Stitch Fix Inc said revenue in the fiscal second quarter ended on January 28 declined 20% to $412.1 million and net loss expanded to $65.6 million from $30.9 million and diluted loss per share rose to 58 cents from 28 cents a year ago. 

                    Active clients in the quarter declined 11% to 3.6 million and net revenue per active client fell 6% to $516 million. 

                    The company forecasted revenue in the fiscal third quarter ending on April 29 in the range between $385 million and $395 million, a decline between 20% and 22% from the previous year. 
                    • CarParts.com, Inc said revenue in the fourth quarter increased 12% from a year ago to $154.5 million and jumped 27% on a two-year stack and net loss expanded to $6.2 million from $5.0 million and diluted loss per share rose to 11 cents from 10 cents a year ago. 

                      In the full-year, revenue increased 14% from a year ago to a record $661.6 million and increased 45% on a two-year stack. Net loss shrank to $1.0 million from $10.0 million and diluted loss per share declined to 2 cents from 20 cents a year ago. 
                      • BlackBerry Limited said preliminary revenue in the fourth quarter is expected to be $151 million, including $107 million in cybersecurity billings. 

                        BlackBerry’s results are expected to include a material non-cash, one-time goodwill impairment charge of as much as $440 million for the Spark reporting unit.

                        Total revenue in the full-year 2022 is expected to be $656 million, including cybersecurity revenue of $401 million. 

                        Fourth quarter and full-year fiscal year 2023 revenue for BlackBerry’s Cybersecurity business unit is expected to be lower than the outlook provided during the third quarter's earnings call, primarily due to certain large government deals taking longer-than-expected.