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    May 29, 2025
    • Veeva Systems Inc. soared 16.4% to $273 after the provider of cloud-based software solutions for the life sciences industry reported strong first-quarter 2026 results.

      Revenue increased to $759.04 million from $650.34 million, net income jumped to $228.19 million from $161.66 million, and diluted earnings per share rose to $1.37 from 98 cents a year ago.

      The company guided second-quarter revenue to be between $766 million and $769 million, compared to $676.2 million, and non-GAAP diluted earnings per share between $1.89 and $1.90, compared to $1.62 a year earlier, respectively.

      For the full year, the software company estimated revenue to be between $3.09 billion and $3.10 billion, compared to $2.75 billion, and non-GAAP diluted earnings per share of approximately $7.63, compared to $6.60 in the previous year, respectively.
      • Dick's Sporting Goods Inc. gained 1.7% to $180.08 after the retailer reported higher revenue in the first quarter.

        Net sales jumped to $3.17 billion from $3.02 billion, net income eased to $264.39 million from $275.29 million, and diluted earnings per share fell to $3.24 from $3.30 a year ago.

        The company continues to expect full-year comparable sales growth in the range of 1% to 3% as it opened six new retail locations during the first quarter and agreed to acquire Foot Locker Inc.

        The sporting goods retailer announced a quarterly cash dividend of $1.2125 per share payable on June 27 to shareholders on record on June 13.

        For the full year, the company estimated revenue to be between $13.6 billion and $13.9 billion, compared to $13.44 billion, and diluted earnings per share between $13.80 and $14.40, compared to $14.05 a year ago, respectively.
        • Abercrombie & Fitch Co. advanced 1.8% to $90.06 after the specialty retailer of apparel and accessories reported better-than-expected net sales in the first quarter.

          Net sales increased to $1.10 billion from $1.02 billion, net income declined to $80.41 million from $113.85 million, and diluted earnings per share fell to $1.59 from $2.14 a year ago.

          Comparable sales rose 4% in the quarter, led by the EMEA region, up 6%.

          During the quarter, the company repurchased 2.6 million shares for approximately $200 million, and $1.1 billion remained under repurchase authorization.

          The company guided second-quarter revenue to grow between 3% and 5% from $1.1 billion, and diluted earnings per share to be between $2.10 and $2.30, compared to $2.50 a year earlier, respectively.

          For the full year, the company estimated revenue to increase between 3% and 6% from $4.95 billion, and diluted earnings per share to be between $9.50 and $10.50, compared to $10.69 in the previous year, respectively.
          • Macy's Inc. advanced 1.9% to $12.23 despite the department store chain reporting lower sales and earnings in the first quarter.

            Net sales declined to $4.60 billion from $4.85 billion, net income slipped to $38 million from $62 million, and diluted earnings per share fell to 13 cents from 22 cents a year ago.

            The company’s comparable sales were down 2% on an owned basis, but Bloomingdale’s same-store sales increased 3%.

            “Bluemercury reported comparable sales growth of 1.5%, its 17th consecutive quarter of comparable sales growth,” the company said in a release to investors.

            During the quarter, the retailer returned approximately $152 million to shareholders, including $51 million in quarterly cash dividends and $101 million of share repurchases.

            Macy’s has approximately $1.3 billion remaining under its $2.0 billion share repurchase authorization as of the end of the first quarter.

            The company announced a regular quarterly dividend of 18.24 cents per share payable on July 1 to shareholders on record on June 13.

            Looking ahead, the company estimated full-year revenue to be between $21.0 billion and $21.4 billion, compared to $23.0 billion, and adjusted diluted earnings per share between $2.05 and $2.25, compared to $3.28 a year earlier, respectively.
            • Capri Holdings Ltd. surged 2.5% to $18.49 despite the fashion retailer reporting weak fiscal fourth-quarter 2025 results.

              Revenue dropped to $1.03 billion from $1.22 billion, net loss widened to $645 million from a loss of $472 million, and diluted loss per share expanded to $5.44 from a loss of $4.03 a year ago.

              Versace revenue was $208 million, a decline of 21.2% from the same quarter a year earlier.

              The fashion retailer guided first-quarter revenue to be between $765 million and $780 million, compared to $1.07 billion, and diluted earnings per share between 10 cents and 15 cents, compared to a loss of 11 cents a year ago, respectively.

              The company estimated fiscal year 2026 revenue to be between $3.3 billion and $3.4 billion, compared to $4.44 billion, and diluted earnings per share between $1.20 and $1.40, compared to a loss of $10 in the previous year, respectively.
              • May 28, 2025
              • AutoZone Inc. traded flat at $3,695.66 after the retailer of aftermarket automotive parts reported higher revenue in the fiscal third quarter.

                Net sales climbed 5.4% to $4.46 billion from $4.23 billion, net income dropped 6.6% to $608 million from $652 million, and diluted earnings per share fell 3.6% to $35.36 from $36.69 a year ago.

                The company repurchased $250 million of its own stock during the quarter and opened 84 new stores, compared to 45 stores a year earlier.

                AutoZone increased its inventory by 10.8% to $6.82 billion from $6.15 billion in the prior year and reduced its debt by 1.6%.
                • Okta Inc. plunged 12.8% to $109.39 despite the identity management company reporting higher revenue in the first quarter of 2025.

                  Revenue increased to $688 million from $617 million, net income swung a profit of $62 million from a loss of $40 million, and diluted earnings per share swung to a profit of 36 cents from a loss of 24 cents a year ago.

                  The company guided second-quarter revenue to be between $710 million and $712 million, compared to $556 million, and non-GAAP diluted earnings per share between 83 cents and 84 cents, compared to 31 cents a year earlier, respectively.

                  For the full year, Okta estimated revenue to be between $2.85 billion and $2.86 billion, compared to $2.26 billion, and non-GAAP diluted earnings per share between $3.23 and $3.28, compared to $2.81 a year ago, respectively.
                  • Toro Corp. increased 2.7% to $75.88 after the provider of lawn maintenance equipment maker reported a slight decline in revenue in the first quarter.

                    Net sales edged down to $995 million from $1.00 billion, net income dropped to $52.8 million from $64.9 million, and diluted earnings per share fell to 52 cents from 62 cents a year ago.

                    The company guided full-year net sales growth to be in the range of breakeven to 1%, compared to $4.58 billion, and adjusted diluted earnings per share between $4.25 and $4.40, compared to $4.17 a year earlier, respectively.
                    • May 23, 2025
                    • Intuit Inc. surged 8% to $719.10 after the financial technology platform operator reported strong third-quarter results and raised its full-year outlook.

                      Revenue increased to $7.75 billion from $6.74 billion, net income jumped to $2.82 billion from $2.39 billion, and diluted earnings per share rose to $10.02 from $8.42 a year ago.

                      The company guided fourth-quarter revenue to be between $3.723 billion and $3.760 billion, an increase of 17% to 18% from $3.2 billion, and non-GAAP diluted earnings per share between $2.63 and $2.68, compared to $1.99 a year ago, respectively.

                      For the full year, Intuit estimated revenue to be between $18.723 billion and $18.760 billion, an increase of 15% from $16.3 billion, and non-GAAP earnings per share between $20.07 and $20.12, compared to $16.94 a year earlier, respectively.
                      • Ross Stores Inc. plunged 11.4% to $134.86 after the off-price apparel and home fashion chain reported slightly lower earnings for the first quarter of 2025.

                        Revenue edged up to $4.98 billion from $4.85 billion, net earnings declined to $479.25 million from $487.99 million, and diluted earnings per share rose to $1.47 from $1.46 a year ago.

                        During the quarter, the company repurchased 2.0 million shares for a total of $263 million, and $1.05 billion remained under repurchase authorization through fiscal 2025.

                        “The earnings guidance range includes an approximate $0.11 to $0.16 per share cost impact from announced tariffs,” the company said in a release to investors.

                        The department store retailer said comparable store sales in the second quarter are projected to be flat to up 3% on top of a 4% gain in the same period last year.

                        The company estimated earnings per share to be between $1.40 and $1.55, compared to $1.59 a year earlier.