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Mar 5, 2025
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Target Corp. gained 0.4% to $117.61 after the large-format store chain operator reported fourth-quarter comparable sales growth of 1.5%, reflecting steady traffic and digital performance.
Net sales in the fourth quarter ending on February 1 dropped 3.1% to $30.91 billion from $31.92 billion, net earnings declined to $1.10 billion from $1.38 billion, and earnings per diluted share fell to $2.41 from $2.98 a year ago.
Fourth-quarter comparable sales advanced 1.5%, as digital comparable sales grew 8.7% from a year ago.
Same-day delivery powered by Target Circle 360™ grew more than 25% compared to last year.
Comparable sales in apparel and hardlines accelerated by nearly 4% as compared to the third quarter.
The company guided for fiscal 2025 net sales growth of around 1%, based on flat comparable sales growth.
Target expects a “modest increase” in its operating margin rate compared to full-year 2024, an effective tax rate between 23% and 24%, and GAAP and adjusted earnings per share between $8.80 and $9.80, compared to $8.86 in 2024.
Target paid dividends of $513 million in the fourth quarter, up 1.8% from $508 million last year.
In addition, the company repurchased $506 million of its shares, retiring 3.7 million shares at an average price of $136.89, and as of the end of the fourth quarter, Target had $8.7 billion in remaining repurchase authorization since the program’s approval in August 2021. -
CrowdStrike Holdings Inc. dropped 9.3% to $353.80 after the cybersecurity solutions provider reported results for the fiscal fourth quarter of 2025 ending in January.
Revenue increased to $1.06 billion from $845.33 million, net income swung to a loss of $92.73 million from a profit of $54.94 million, and loss per diluted share was 37 cents compared to a profit of 22 cents a year ago.
The company guided for the first quarter of 2026 revenue between $1.10 billion and $1.11 billion, compared to $921 million a year ago, and non-GAAP earnings per diluted share between 64 cents and 66 cents, compared to 93 cents in the same period in 2025.
Non-GAAP net income is expected to be between $173.1 million and $180 million, compared to $231.7 million in the first quarter of 2025.
The company agreed to bring AI-powered cloud security to Oracle Cloud Infrastructure. -
Best Buy Co. Inc. surged 3.5% to $89.77 after the electronic products retailer reported a 0.5% increase in comparable store sales during the fourth quarter ending on February 1.
Revenue declined to $13.95 billion from $14.65 billion, net earnings dropped to $117 million from $460 million, and earnings per diluted share fell to 54 cents from $2.12 a year ago.
Best Buy returned a total of $415 million to shareholders through dividends of $200 million and share repurchases of $215 million during the quarter.
The company proposed a 1% increase in its quarterly dividend to 95 cents per share, payable on April 15 to shareholders on record as of March 25.
For fiscal 2026, the company estimated revenue between $41.4 billion and $42.2 billion, compared to $41.53 billion in 2025, and adjusted earnings per diluted share between $6.20 and $6.60, compared to $6.37 in 2025.
Comparable sales growth is expected between zero and 2% in 2026. -
AutoZone Inc. traded flat at $3,477 after the retailer of auto and truck parts, chemicals, and accessories reported a sales increase during the fiscal second quarter ending in February.
Net sales increased to $3.95 billion from $3.86 billion, net income dropped to $487.92 million from $515.03 million, and earnings per diluted share fell to $28.29 from $28.89 a year ago.
Total same-store sales, or sales for the company’s domestic and international stores open at least one year, rose 2.9% at constant currency.
Domestic same-store sales jumped 1.9%, while international sales dropped 8.2%, including the impacts from fluctuations of foreign exchange rates. -
Okta Inc. surged 15.9% to $87.16 after the cybersecurity and identity management company's results surpassed market expectations in the fiscal fourth quarter of 2025.
Revenue increased to $670 million from $591 million, net income swung to a profit of $23 million from a loss of $44 million, and earnings per diluted share rose to 13 cents from a loss of 26 cents a year ago.
The company guided for the first quarter of 2026 revenue between $678 million and $680 million, up 10% from $617 million a year ago, and non-GAAP diluted net income per share between 76 cents and 77 cents, compared to 65 cents in the same quarter in fiscal 2025.
For the full year 2026, Okta estimated revenue between $2.85 billion and $2.86 billion, up 9% to 10% from $2.61 billion a year ago, and non-GAAP earnings per diluted share between $3.15 and $3.20, compared to $2.81 in 2025. -
GitLab Inc. gained 1.9% to $57.32 after the provider of a software framework for web developers reported a revenue increase in the fourth quarter of fiscal 2025.
Revenue increased to $211.4 million from $163.8 million, net income rose to $10.78 million from a loss of $36.87 million, and earnings per diluted share jumped to 6 cents from a loss of 24 cents a year ago.
The company guided for the first quarter of 2026 revenue between $212 million and $213 million, up from $169.2 million a year ago, and non-GAAP earnings per diluted share between 14 cents and 15 cents, up from 3 cents in the same quarter in 2025.
For the full year 2026, GitLab estimated revenue between $936 million and $942 million, up from $759.2 million a year ago, and non-GAAP earnings per diluted share between 68 cents and 72 cents, compared to 74 cents in 2025. -
Heidrick & Struggles International Inc. surged 5% to $41.59 after the staffing service company reported higher revenue in the fourth quarter of 2024.
Revenue climbed to $280.89 million from $257.39 million, net income swung to a loss of $14.98 million from a profit of $14.85 million, and loss per diluted share was 73 cents, compared to a profit of 72 cents a year ago.
The company proposed a 2025 first quarter cash dividend of 15 cents per share, payable on March 27 to shareholders on the register as of March 13.
Heidrick & Struggles guided for the first quarter of 2025 revenue between $263 million and $273 million, compared to $265 million a year ago. -
Intuit Inc. eased 0.1% to $613.0 after the financial software company reported strong results for the fiscal second quarter of 2025 ending in January.
Revenue increased to $3.96 billion from $3.39 billion, net income jumped to $471 million from $353 million, and earnings per diluted share rose to $1.67 from $1.25 a year ago.
The company guided for the third quarter of 2025 revenue between $7.55 billion and $7.60 billion, up 12% to 13% from $6.74 billion a year ago, and GAAP diluted earnings per share between $9.22 and $9.28, compared to $8.42 in the same quarter in fiscal 2024.
For the full fiscal 2025, Intuit estimated revenue between $18.16 billion and $18.35 billion, up 12% to 13% from $16.28 billion in the previous fiscal year, and GAAP diluted earnings per share between $12.34 and $12.54, up 18% to 20% from $16.94 a year ago.
Intuit repurchased 1,125,520 shares during the quarter, representing 0.4% for $717.83 million.
With this, the company completed the repurchase of 15,351,821 shares, representing 5.49% for approximately $7.72 billion under the buyback announced on August 23, 2018.
Intuit has $3.6 billion remaining on its share repurchase authorization. -
Dell Technologies Inc. gained 0.4% to $103.18 after the computer products and services provider reported revenue growth in the fourth quarter of fiscal 2025 ending in January.
Revenue increased 7% to $23.93 billion from $22.32 billion, net income surged 27% to $1.53 billion from $1.21 billion, and earnings per diluted share rose 30% to $2.15 from $1.66 a year ago.
Dell said it sold about $10 billion of AI-optimized servers in its fiscal 2025 and expects to sell about $15 billion in AI system sales in the current year.
The company’s Infrastructure Solutions Group, its server division, saw sales rise 22% to $11.35 billion in the quarter, up from $9.33 billion a year ago.
Dell’s client solutions group, its biggest business, saw sales rise only 1% to $11.88 billion from $11.71 billion a year ago, due to a sluggish laptop market.
The company guided for the first quarter of fiscal 2026 revenue between $22.5 billion and $23.5 billion, up 3% from $22.2 billion a year ago, and GAAP diluted earnings per share at $1.29, compared to $1.32 in the same quarter in fiscal 2025.
For the full fiscal 2026, Dell Technologies estimated revenue between $101.0 billion and $105.0 billion, up 8% from $95.6 billion a year ago, and GAAP diluted earnings per share at $7.85, up 23% from $6.38 in fiscal 2025.
The company announced a cash dividend increase of 18% and a $10 billion increase in share repurchase authorization for fiscal 2025. -
Redfin Corp. eased 0.14% to $6.67 after the real estate brokerage company and mortgage broker provider reported increased revenue in the fourth quarter of 2024 ending in December, and net loss widened.
Revenue increased to $244.28 million from $218.08 million, net loss deepened to $36.73 million from a loss of $23.11 million, and loss per diluted share widened to 29 cents from a loss of 20 cents a year ago.
The company guided for the first quarter of fiscal 2025 revenue between $214 million and $225 million, compared to $225.5 million a year ago, and a net loss between $94 million and $83 million, compared to a loss of $66.8 million in the same period in 2024.
Adjusted EBITDA loss is estimated between $39 million and $32 million, compared to an adjusted EBITDA loss of $27.6 million a year ago.
HEICO Corp. traded flat at $264.68 after the aerospace and electronics company reported strong results for the first quarter of fiscal 2025 ending in January.
Net sales jumped to $1.03 billion from $896.36 million, net income surged to $167.95 million from $114.70 million, and earnings per diluted share rose to $1.20 from 82 cents a year ago.
The company said that the continued increases in commercial aerospace product sales have resulted in eighteen consecutive quarters of sequential growth in the Flight Support Group segment.
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