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    Apr 8, 2025
    • Levi Strauss & Co. surged 7.4% to $14.50 after the apparel and jeans company reported results for the fiscal first quarter of 2025 ending in March.

      Revenue edged up to $1.53 billion from $1.48 billion, net income came in at $135.0 million compared to a loss of $10.6 million, and diluted earnings per share were 34 cents compared to a loss of 3 cents a year ago.

      The company returned approximately $81 million to shareholders in the first quarter, a 12% increase over the prior year, including dividends of $51 million and share repurchases of $30 million.

      As of March 2, Levi’s had $560 million remaining under its current share repurchase authorization, which has no expiration date.

      The company proposed a cash dividend of 13 cents per share, totaling approximately $51 million, payable on May 9 to shareholders on record as of April 24.

      Excluding the impact from the recently announced tariffs, the company guided for fiscal 2025 organic net revenue growth to be between 3.5% and 4.5%, reported net revenue down 1% to 2%, compared to $6.35 billion in 2024, and adjusted earnings per share between $1.20 and $1.25, compared to $1.25 in 2024.
      • Apr 4, 2025
      • Lamb Weston Holdings Inc. dropped 0.4% to $59.30 after the food processing company reported results for the fiscal third quarter of 2025.

        Net sales increased to $1.52 billion from $1.46 billion, net income inched up to $146.0 million from $146.1 million, and diluted earnings per share rose to $1.03 from $1.01 a year ago.

        The company guided for the full-year net sales to be between $6.35 billion and $6.45 billion, compared to $6.47 billion in 2024, and adjusted EBITDA between $1.17 billion and $1.21 billion, compared to $1.42 billion a year earlier.

        Adjusted net income is expected to be between $440 million and $460 million, compared to $740 million, and adjusted diluted earnings per share between $3.05 and $3.20, compared to $5.08 in 2024.
        • Apr 3, 2025
        • RH plunged 26.1% to $184.25 after the retailer of luxury home furniture and decorative products reported fourth quarter of 2024 results.

          Revenue increased to $812.41 million from $738.26 million, net income jumped to $13.92 million from $11.38 million, and diluted earnings per share edged up to 69 cents from 57 cents a year ago.

          For the full year, revenue climbed to $3.18 billion from $3.03 billion, net income slumped to $72.41 million from $127.56 million, and diluted earnings per share fell to $3.62 from $5.91 a year ago.

          The company guided fiscal first quarter 2025 revenue growth to be between 12.5% and 7%, compared to $726.96 million a year ago, an adjusted operating margin of 6.5% to 7.0%, and an adjusted EBITDA margin of 12.5% to 13.0%.

          For the full fiscal year 2025, the retailer estimated revenue growth to be between 10% and 13%, adjusted operating margin between 14% and 15%, and adjusted EBITDA margin between 20% and 21%.

          The company intends to open seven design galleries, two outdoor galleries, and two new concept galleries during 2025.

          “We believe post each opening we will begin to have the scale to support the necessary advertising investments to accelerate our growth in Europe,” the company said in a release to investors.

          The lifestyle products retailer expects “an inflection of the business in Europe as the company begins to open in the important brand-building markets of Paris in 2025, plus London and Milan in 2026,” the company added in the statement.
          • UniFirst Corp. edged down 4.7% to $168.90 after the uniform and protective clothing provider reported results for the fiscal second quarter of 2025.

            Revenue jumped to $602.22 million from $590.71 million, net income climbed to $24.46 million from $20.46 million, and diluted income per share rose to $1.31 from $1.09 a year ago.

            For the year half, revenue increased to $1.21 billion from $1.18 billion, net income jumped to $67.56 million from $62.78 million, and diluted income per share rose to $3.62 from $3.35 a year earlier.

            The company guided for fiscal 2025 revenue to be between $2.42 billion and $2.43 billion, compared to $2.43 billion in 2024, and diluted earnings per share between $7.30 and $7.70, compared to $7.77 a year ago.
            • BlackBerry Ltd. dropped 4.7% to $3.23 after the enterprise software and services provider reported fiscal fourth quarter 2025 results.

              Revenue declined to $141.7 million from $152.9 million, net loss shrank to $7.4 million from a loss of $56.2 million, and diluted loss per share narrowed to 1 cent from a loss of 10 cents a year ago.

              For the full fiscal year 2025, revenue declined to $534 million from $759.1 million, net loss shrank to $79 million from a loss of $130.2 million, and diluted loss per share narrowed to 13 cents from a loss of 22 cents a year ago.

              The company guided fiscal first quarter 2026 revenue to be between $107 million and $115 million, compared to $144 million a year ago, and non-GAAP basic earnings per share between 1 cent and breakeven, compared to a loss of 3 cents a year earlier.

              For the full year, the software company estimated revenue to be between $504 million and $534 million and non-GAAP basic earnings per share between 8 cents and 10 cents, compared to adjusted basic income per share of 2 cents in 2025.
              • Apr 2, 2025
              • XPeng Inc. gained 1.2% to $21.22 after the Chinese electric vehicle maker announced vehicle delivery results for March and the first quarter of 2025.

                In March, the company delivered 33,205 electric vehicles, marking a 268% increase year-over-year, surpassing 30,000 units for the fifth consecutive month.

                For the first quarter of 2025, XPeng delivered 94,008 EVs, representing a 331% increase compared to the same period last year.

                On March 13, the company launched 2025 versions of the XPeng G6 and XPeng G9, and both upgraded versions come standard with 5C AI batteries and Turing AI-powered smart driving features across all trims.

                At the same time, XPeng expanded its global presence by entering the Indonesian market.

                On March 18, the company announced fourth quarter of 2024 earnings results.

                Revenue increased to 16.10 billion yuan from 13.05 billion yuan, net loss shrank to 1.33 billion yuan from 1.35 billion yuan, and diluted loss per share narrowed to 70 cents from a loss of 75 cents a year ago.

                Total deliveries of vehicles were 91,507 during the fourth quarter, representing an increase of 52.1% from 60,158 in the corresponding period of 2023.

                For the full year 2024, revenue jumped to 40.87 billion yuan from 30.68 billion yuan, net loss shrank to 5.79 billion yuan from 10.37 billion yuan, and diluted loss per share narrowed to 3.06 yuan from a loss of 5.96 yuan a year ago.
                • Progress Software gained 0.2% to $57.90 after the infrastructure software developer reported results for the fiscal first quarter ending in February.

                  Revenue increased 29% to $238.01 million from $184.68 million, net income slumped 52% to $10.95 million from $22.64 million, and diluted earnings per share fell 53% to 24 cents from 51 cents a year ago.

                  During the quarter, the company repurchased $30 million of its shares and accelerated repayment of the revolving credit line used to partially finance the ShareFile acquisition, paying down $30 million.

                  The company guided for the second quarter non-GAAP revenue to be between $235 million and $241 million, compared to $175 million a year ago, and non-GAAP diluted earnings per share between $1.28 and $1.34, compared to $1.09 a year earlier.

                  For the full year ending in November, the software company estimated non-GAAP revenue to be between $958 million and $970 million, compared to $753.41 million a year ago, and non-GAAP diluted earnings per share between $5.00 and $5.12, compared to $4.93 in 2024.
                  • Apr 1, 2025
                  • Steelcase Inc. dropped 0.8% to $11.01 after the furniture design company reported increased revenue in the fiscal fourth quarter of 2025 ending in February.

                    Revenue jumped to $788.0 million from $775.2 million, net income climbed to $27.6 million from $21.3 million, and diluted earnings per share rose to 23 cents from 18 cents a year ago.

                    The company guided for the first quarter of 2026 revenue to be between $760 million and $785 million, compared to $727.3 million a year ago, and earnings per share between 10 cents and 14 cents, compared to 9 cents a year earlier.

                    Steelcase proposed a dividend of 10 cents per share in the quarter and 40 cents per share for the full year, unchanged from a year ago.

                    The dividend is payable on or before April 21 to shareholders on record as of April 7.

                    During fiscal 2025, the company repurchased 2.1 million shares for $26.5 million, and a total of $79.9 million remained under the company's share repurchase authorization at the end of the fourth quarter.

                    Revenue for the full year 2025 increased to $3.17 billion from $3.16 billion, net income edged up to $120.7 million from $81.1 million, and diluted earnings per share rose to $1.02 from 68 cents a year ago.

                    At the end of the fourth quarter, the company’s backlog was approximately $694 million, which was 11% higher than the prior year.

                    For fiscal 2026, Steelcase estimated “mid-single-digit” organic revenue growth and order growth rate and modest improvement in the adjusted operating income margin compared to fiscal 2025.

                    “The company will benefit from continued growth from large corporate customers, the strong beginning backlog of customer orders, and benefits from pricing actions that will offset the impacts of higher tariffs and related inflationary cost increases,” the company said in a release to investors.
                    • PVH Corp. surged 16.2% to $75.12 after the parent company of the Calvin Klein and Tommy Hilfiger brands reported results for the fourth quarter of 2024.

                      Revenue declined to $2.37 billion from $2.49 billion, net income edged down to $157.2 million from $271.8 million, and diluted earnings per share fell to $2.83 from $4.55 a year ago.

                      The company announced $500 million in share repurchases in 2025 after completing approximately $500 million in stock repurchases during 2024.

                      The accelerated share repurchase agreements will be included under the company’s current $5 billion authorization approved by the Board of Directors, of which $1.8 billion remained available for share repurchases as of February 2.

                      For the full year 2025, PVH guided revenue to be flat or increase slightly from $8.65 billion in 2024, and non-GAAP earnings per share between $12.40 and $12.75, compared to $11.74 in 2024.

                      The company estimated for the first quarter of 2025 revenue to be flat or decrease 2% compared to $1.95 billion a year ago, and non-GAAP earnings per share between $2.10 and $2.25, compared to $2.45 in the same quarter a year earlier.
                      • Mar 28, 2025
                      • Haier Smart Home ADR gained 2.1% to $13.79 after the Hong Kong-based home appliances provider reported results for 2024.

                        Operating revenue increased to 285.98 billion yuan from 274.20 billion yuan, net profit jumped to 18.74 billion yuan from 16.60 billion yuan, and diluted earnings per share rose to 2.02 yuan from 1.78 yuan a year ago.