Breaking News
Mar 11, 2025
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Vail Resorts Inc. surged 2.9% to $158.0 after the ski resort owner and operator reported results for the fiscal second quarter of 2025.
Revenue increased to $1.14 billion from $1.08 billion, net income jumped to $245.55 million from $219.30 million, and earnings per diluted share rose to $6.56 from $5.76 a year ago.
The company guided for the full-year net income to be between $257.0 million and $309.0 million, compared to $230.4 million in 2024. -
Asana Inc. plunged 26.4% to $12.27 after the provider of the enterprise work management platform reported results for the fiscal fourth quarter of 2025.
Revenue increased to $188.33 million from $171.13 million, net loss shrank to $62.30 million from $62.40 million, and loss per diluted share narrowed to 27 cents from a loss of 28 cents a year ago.
The company guided for the first quarter of 2026 revenue to be between $184.5 million and $186.5 million, up 7% to 8% from $172.4 million a year ago, and non-GAAP net income per share of 2 cents, compared to a non-GAAP net loss per share of 6 cents in the same quarter in 2025.
Non-GAAP operating profit is expected to be between $2.0 million and $3.0 million, with a 1% to 2% operating margin, compared to a non-GAAP operating net loss of $15.8 million in the first quarter of 2025.
For the full year, Asana estimated revenue to be between $782.0 million and $790.0 million, up 8% to 9% from $723.88 million, and non-GAAP net income per share between 19 cents and 20 cents, compared to a non-GAAP loss per share of 13 cents in 2025. -
Quanex Building Products Corp. eased 0.6% to $20.30 after the provider of fenestration, hardware, cabinetry, solar, refrigeration, security, and outdoor products reported results for the fiscal first quarter of 2025.
Net sales surged to $400 million from $239.2 million, net income swung to a loss of $14.9 million from a profit of $6.2 million, and loss per diluted share was 32 cents compared to a profit of 19 cents a year ago.
The company repurchased 150,000 shares for $3.7 million at an average price of $24.66 per share during the quarter, and as of January 31, approximately $59.1 million remained under the existing authorization.
Quanex estimated for the full year net sales to be between $1.84 billion and $1.86 billion, up from $1.28 billion a year ago, which would yield adjusted EBITDA between $270 million and $280 million, up from $182.4 million in 2024. -
Broadcom Inc. surged 10.9% to $199.07 after the provider of semiconductor and infrastructure software solutions reported results for the fiscal first quarter of 2025.
Net revenue increased to $14.92 billion from $11.96 billion, net income surged to $5.50 billion from $1.32 billion, and earnings per diluted share rose to $1.14 from 28 cents a year ago.
The company approved a quarterly cash dividend of 59 cents per share, payable on March 31 to stockholders on record as of March 20.
Broadcom guided for the second quarter revenue of approximately $14.9 billion, up 19% from $12.49 billion a year ago, and adjusted EBITDA of 66% of projected revenue, compared to 59% of revenue in the same quarter in 2024. -
JD.com Inc. eased 0.5% to $43.69 after the Chinese retailer reported results for the fiscal fourth quarter of 2024.
Revenue increased to 346.99 billion yuan from 306.08 billion yuan, net income surged to 9.85 billion yuan from 3.39 billion yuan, and earnings per diluted share rose to 6.47 yuan from 2.13 yuan a year ago.
The company approved an annual cash dividend of 5 cents per share, or $1.0 per ADS, for 2024, payable on April 23 and April 29 (ADS) to shareholders on record as of April 8. -
Macy's Inc. gained 0.2% to $13.25 after the department store chain reported lower sales in the fiscal fourth quarter of 2024.
Revenue declined to $8.00 billion from $8.37 billion, net income swung to a profit of $342 million from a loss of $128 million, and earnings per diluted share rose to $1.21 from a loss of 47 cents a year ago.
Macy’s First 50 locations delivered the fourth consecutive quarter of comparable sales growth, up 0.8% on an owned basis and up 1.2% on an owned-plus-licensed basis.
The retailer reported fourth-quarter comparable sales down 1.1% on an owned basis, while its owned-plus-licensed-plus-marketplace comparable sales since the first quarter of 2022 were up 0.2%.
Bloomingdale’s reported owned comparable sales grew 4.8%, and its highest fourth quarter owned-plus-licensed-plus-marketplace comparable sales growth was 6.5%.
Blue Mercury reported its 16th consecutive quarter of comparable sales growth, up 6.2%.
The company guided for fiscal 2025 net sales between $21.0 billion and $21.4 billion, down from $22.29 billion in 2024, and adjusted earnings per diluted share between $2.05 and $2.25, down from $2.64 in 2024.
The outlook reflects the impact of fiscal 2024 store closures, which contributed roughly $700 million of annual net sales.
Macy’s plans to resume share buybacks under its remaining $1.4 billion share repurchase authorization. -
Burlington Stores Inc. gained 0.6% to $259.25 after the off-price apparel and accessories retailer reported sales growth in the fiscal fourth quarter of 2024.
Revenue increased to $3.28 billion from $3.12 billion, net income jumped to $260.77 million from $227.46 million, and earnings per diluted share rose to $4.02 from $3.53 a year ago.
Fourth-quarter comparable store sales grew 6% versus guidance of zero to 2%.
The company guided for the first quarter of 2025 total sales growth between 5% and 7%, assuming flat comparable store sales, compared to $2.36 billion in the same quarter in 2024.
Adjusted earnings per share are expected to be between $1.30 and $1.45, compared to $1.35 per share last year.
Burlington said revenue in the full year is expected to increase between 6% and 8%, assuming comparable store sales would increase between zero and 2%, compared to $10.62 billion in 2024.
Adjusted earnings per share for the full year are expected to be between $8.70 and $9.30, compared to $8.17 per share a year ago. -
Burlington Stores Inc. gained 0.6% to $259.25 after the off-price apparel and accessories retailer reported sales growth in the fiscal fourth quarter of 2024.
Revenue increased to $3.28 billion from $3.12 billion, net income jumped to $260.77 million from $227.46 million, and earnings per diluted share rose to $4.02 from $3.53 a year ago.
Fourth-quarter comparable store sales grew 6% versus guidance of zero to 2%.
The company guided for the first quarter of 2025 total sales growth between 5% and 7%, assuming flat comparable store sales, compared to $2.36 billion in the same quarter in 2024.
Adjusted earnings per share are expected to be between $1.30 and $1.45, compared to $1.35 per share last year.
Burlington said revenue in the full year is expected to increase between 6% and 8%, assuming comparable store sales would increase between zero and 2%, compared to $10.62 billion in 2024.
Adjusted earnings per share for the full year are expected to be between $8.70 and $9.30, compared to $8.17 per share a year ago. -
The Kroger Co. gained 18.6% to $23.11 after the food retailer reported results for the fiscal fourth quarter of 2024.
Revenue declined to $34.31 billion from $37.06 billion, net earnings dropped to $634 million from $736 million, and earnings per diluted share fell to 90 cents from $1.01 a year ago.
The company declared a dividend of 32 cents per share in the quarter, up from 29 cents per share a year ago.
During the year, the company commenced a $5.0 billion accelerated share repurchase program to be completed under its $7.5 billion share repurchase authorization. -
The Gap Inc. surged 18.6% to $23.11 after the specialty apparel retailer reported results for the fiscal fourth quarter of 2024.
Net sales dropped to $4.15 billion from $4.30 billion, net income jumped to $206 million from $185 million, and earnings per diluted share rose to 54 cents from 49 cents a year ago.
Comparable sales in the quarter advanced 3%.
The company guided for the first quarter of 2025 net sales flat to up slightly, compared to $3.4 billion in 2024.
For the full year, Gap estimated sales growth between 1% and 2%, compared to $15.09 billion in 2024.
Mar 7, 2025