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Jul 2, 2025

Constellation Brands Inc. gained 0.6% to $167.51 after the alcohol beverage company reported results for the fiscal first quarter of 2026 ending on May 31.

Sales declined to $2.68 billion from $2.86 billion, net income fell to $516.1 million from $877.0 million, and diluted earnings per share dropped to $2.90 from $4.78 a year ago.

The company said beer sales declined 2% in the quarter, wine sales fell 22%, and spirits sales dropped 63%.

The company guided full-year net sales to be down 2% to up 1%, compared to $10.21 billion a year earlier, with beer sales flat to up 3% and wine and spirits sales down between 20% and 17%.

STZ

UniFirst Corp. eased 0.2% to $190.00 after the provider of uniforms and protective clothing reported results for the fiscal third quarter of 2025 ending on May 31.

Revenue increased to $610.78 million from $603.33 million, net income rose to $39.68 million from $38.06 million, and diluted earnings per share climbed to $2.13 from $2.03 a year ago.

The company repurchased shares worth $13.6 million in the third quarter, and as of May 31, it had $86.4 million remaining under share repurchase authorization.

UniFirst guided full-year revenue to be between $2.422 billion and $2.432 billion, compared to $2.427 billion, and diluted earnings per share between $7.60 and $8.00, compared to $7.77 a year earlier, respectively.

UNF

Jul 1, 2025

Progress Software Corp. eased 3.7% to $61.48 after the business applications software provider reported results for the fiscal second quarter ending on May 31.

Revenue increased to $237.35 million from $175.08 million, net income climbed to $17.03 million from $16.19 million, and diluted earnings per share rose to 39 cents from 37 cents a year ago.

The company guided third-quarter revenue to be between $237 million and $243 million, compared to $179 million, and diluted earnings per share between 29 cents and 35 cents, compared to 65 cents a year earlier, respectively.

For the full year, the software company revised higher its revenue outlook range between $962 million and $974 million, compared to $753.41 million, and diluted earnings per share between $1.27 and $1.43, compared to $1.54 a year ago, respectively.

The company’s previous full-year guidance was for revenue between $958 million and $970 million and GAAP diluted earnings per share between $1.19 and $1.35.

PRGS

MSC Industrial Direct Co. Inc. gained 3.5% to $87.99 despite the provider of metalworking and maintenance products and services reporting weak results for the fiscal third quarter of 2025 ending on May 31.

Net sales declined to $971.1 million from $979.4 million, net income edged down to $56.8 million from $71.7 million, and diluted earnings per share fell to $1.02 from $1.27 a year ago.

Operating income decreased to $82.7 million from $106.8 million, as operating margin declined to 8.5% from 10.9% a year earlier, respectively.

MSM

Jun 27, 2025

Nike Inc. gained 10.7% to $69.25 despite the sporting goods retailer reporting weak results for the fiscal fourth quarter of 2025 ending on May 31.

Revenue edged down to $11.10 billion from $12.61 billion, net income dropped to $211 million from $1.50 billion, and diluted earnings per share fell to 14 cents from 99 cents a year ago.

Direct revenue was down 14% to $4.4 billion, wholesale revenue declined 9% to $6.4 billion, and revenue for Converse was down 26% to $357 million from a year earlier, respectively.

Inventories for the company were $7.5 billion, flat compared to the prior year.

During the fourth quarter, Nike returned approximately $0.8 billion to shareholders in the form of dividends of $591 million, up 6% from the previous year, and share repurchases of $202 million.

As of May 31, a total of $6.0 billion remained under the company’s repurchase authorization through June 2026.

Revenue in the twelve months declined to $46.31 billion from $51.36 billion, net income edged down to $3.22 billion from $5.70 billion, and diluted earnings per share fell to $2.16 from $3.73 a year earlier.

NKE

Jun 26, 2025

Micron Technology Inc. gained 0.9% to $128.45 after the memory and storage solution provider reported results for the fiscal third quarter ending on May 29.

Revenue edged up to $9.30 billion from $6.81 billion, net income surged to $1.88 billion from $332 million, and diluted earnings per share rose to $1.68 from 30 cents a year ago.

The company guided fourth-quarter revenue to be between $10.7 billion and $300 million, compared to $7.75 billion, and diluted earnings per share between $2.29 and 15 cents, compared to 79 cents a year earlier, respectively.

Non-GAAP diluted earnings per share are estimated between $2.50 and 15 cents in the fourth quarter, compared to $1.18 a year ago.

Raymond James Financial Inc. traded flat at $151.73 after the financial services company released its monthly operating data.

Client assets under administration in May increased 9% to $1.58 trillion from $1.45 trillion a year ago and were up 3% over the preceding month, as private client assets grew 13% and private client assets in fee-based accounts advanced 12%.

Financial assets under management grew 12% to $245.2 billion from $226.0 billion in the prior year.

The company said clients’ domestic cash sweep and Enhanced Savings Program balances of $54.2 billion declined 4% from the previous year and 3% sequentially over the preceding month.

RJF

MillerKnoll Inc. gained 10.5% to $19.47 after the office furniture maker reported results for the fiscal fourth quarter ending on May 31.

Net sales increased to $961.8 million from $889.9 million, net income swung to a loss of $57.1 million from a profit of $9.9 million, and diluted earnings per share swung to a loss of 84 cents from a profit of 14 cents a year ago.

Overall orders increased 11.1% to $1.04 billion, and up 10.7% organically from a year earlier.

For the full year, net sales jumped to $3.67 billion from $3.63 billion, net income swung to a loss of $36.9 million from a profit of $82.3 million, and diluted earnings per share swung to a loss of 54 cents from a profit of $1.11 a year earlier.

Walgreens Boots Alliance Inc. gained 0.8% to $11.40 after the pharmacy retailer reported results for the fiscal third quarter ending on May 31.

Sales edged up to $38.99 billion from $36.35 billion, net income swung to a loss of $175 million from a profit of $344 million, and diluted earnings per share swung to a loss of 20 cents from a profit of 40 cents a year ago.

Operating income in the third quarter was $53 million, compared to $111 million, and adjusted earnings per share was 38 cents, compared to 63 cents a year earlier, respectively.

“Results reflect continued improvement in our U.S. healthcare segment and benefits from our cost-savings initiatives, while we continued to see weakness in our U.S. front-end sales,” the company said in a release to investors.

WBA

Jun 25, 2025

Carnival Corp. eased 0.2% to $25.66 after the cruise company reported results for the fiscal second quarter ending on May 31.

Revenue edged up to $6.33 billion from $5.78 billion, net income surged to $565 million from $92 million, and diluted earnings per share rose to 42 cents from 7 cents a year ago.

The company guided full-year adjusted net income to increase 40% compared to 2024 and better than March guidance by $200 million.

Furthermore, the cruise operator estimated adjusted EBITDA of approximately $6.9 billion, an increase of over 10% compared to the prior year and better than March guidance.

CCL