Breaking News
Nike   Walgreens Boots   MillerKnoll   Raymond James   Micron Tech   AeroVironment   BlackBerry   FedEx   Carnival  
  • ALL
    • Breaking News
    Mar 7, 2025
    • Victoria's Secret & Co. dropped 3.2% to $21.50 despite the lingerie retailer reporting a comparable sales increase of 5% in the fiscal fourth quarter of 2024.

      Revenue in the quarter jumped to $2.11 billion from $2.08 billion, net income increased to $193 million from $181 million, and earnings per diluted share rose to $2.33 from $2.29 a year ago.

      The company guided for the first quarter of 2025 net sales between $1.30 billion and $1.33 billion, compared to $1.36 billion a year ago, and adjusted operating income between $10 million and $30 million, compared to $39.61 million in the same quarter in 2024.

      For the full year, Victoria’s Secret estimated net sales between $6.2 billion and $6.3 billion, compared to $6.20 billion a year ago, and adjusted operating income between $300 million and $350 million, compared to $373.14 million year-to-date in 2024.
      • Mar 6, 2025
      • MongoDB Inc. plunged 17.4% to $218.10 after the developer data platform provider missed fourth-quarter analysts expectations.

        Fourth-quarter 2025 revenue increased to $548.40 million from $458.00 million, net income jumped to $15.83 million from a loss of $55.46 million, and earnings per diluted share rose to 19 cents from a loss of 77 cents a year ago.

        The company guided for the first quarter of 2026 revenue between $524 million and $529 million, up from $450.6 million a year ago, and non-GAAP net income per share between 63 cents and 67 cents, compared to 51 cents in the same quarter in 2025.

        Non-GAAP income from operations is expected to be between $54 million and $58 million, up from $32.8 million in the first quarter of 2025.

        MongoDB announced a stock buyback program of $200 million to offset the impact of last year’s acquisition of Voyage AI, a provider of embedding and reranking models that power next-generation artificial intelligence applications.
        • Veeva Systems Inc. surged 7.2% to $235.69 after the provider of cloud solutions for the life sciences industry reported increased sales in the fiscal fourth quarter of 2025 ending in January.

          Revenue jumped to $720.89 million from $630.62 million, net income increased to $195.62 million from $147.40 million, and earnings per diluted share rose to $1.18 from 90 cents a year ago.

          The company guided for the first quarter of 2026 revenue between $726 million and $729 million, compared to $650.3 million, and non-GAAP earnings per diluted share between $1.74 and $1.75, compared to $1.50 in the previous year.

          Non-GAAP operating income is expected to be between $307 million and $309 million, compared to $247.0 million in the first quarter of 2025.

          For the full year, Veeva estimated revenue between $3.04 billion and $3.05 billion, up from $2.75 billion a year ago, and non-GAAP earnings per diluted share at approximately $7.32, compared to $6.60 in 2025.

          Non-GAAP operating income is expected at $1.30 billion, compared to $1.15 billion in 2025.
          • Abercrombie & Fitch Co. dropped 0.3% to $87.0 after the specialty apparel retailer reported comparable sales growth of 14% in the fiscal fourth quarter of 2024.

            Net sales increased to $1.58 billion from $1.45 billion, net income climbed to $187.23 million from $158.45 million, and earnings per diluted share rose to $3.57 from $2.97 a year ago.

            Full-year 2024 revenue increased 16% to $4.95 billion from $4.28 billion a year ago, driven by a 17% rise in comparable store sales.

            The company guided for the first quarter of 2025 net sales growth between 4% and 6% and net income per diluted share between $1.25 and $1.45, compared to $2.14 in the same period in 2024.

            For the full year, the apparel retailer estimated net sales growth between 3% and 5% and net income per diluted share between $10.40 and $11.40, compared to $10.69 in 2024.

            Abercrombie & Fitch announced a new $1.3 billion share repurchase authorization, expecting $400 million in share repurchases during 2025.
            • Foot Locker Inc. gained 0.5% to $18.35 after the footwear and apparel retailer reported weaker-than-expected sales in the fourth quarter of 2024.

              Sales decreased to $2.24 billion from $2.38 billion, net income swung to a profit of $49 million from a loss of $389 million, and earnings per diluted share rose to a profit of 57 cents from a loss of $4.13 a year ago.

              Sales in the 53rd week in 2023 were $98 million.

              Overall comparable sales, including all banners and geographies, increased by 2.6%, and North America comparable same-store sales advanced 3.6%. 

              Champs Sports delivered its second consecutive quarter of comparable sales growth, with gains of 1.8%.

              Foot Locker completed 160 store refreshes in the fourth quarter, bringing the total to over 400 for the year.

              The company guided for fiscal 2025 sales growth between -1% and 0.5%, comparable sales change between 1% and 2.5%, and non-GAAP earnings per share between $1.35 and $1.65, compared to $1.37 in 2024.
              • Mar 5, 2025
              • Nordstrom Inc. gained 0.6% to $24.39 after the full-line merchandise retailer surpassed analyst expectations in the fiscal fourth quarter ending on February 1 of 2025.

                Net sales declined to $4.20 billion from $4.29 billion, net earnings increased to $165 million from $134 million, and earnings per diluted share jumped to 97 cents from 82 cents a year ago.

                The company opened 23 stores during the year.

                During the fourth quarter, Nordstrom closed one store and three Rack stores, and subsequent to the quarter-end, the company closed one local service hub, which will reopen as a storefront dedicated to personal styling.

                Fourth-quarter total comparable sales increased 4.7%, banner comparable sales increased 5.3%, and rack comparable sales increased 3.5% versus fiscal 2023.

                The company proposed a quarterly cash dividend of 19 cents per share, payable on March 26 to shareholders on record as of March 11.
                • AeroVironment Inc. plunged 20% to $113.50 after the provider of robotic systems to defense and commercial customers reported results for the fiscal third quarter of 2025.

                  Revenue declined to $139.75 million from $155.92 million, net income swung to a loss of $1.75 million from a profit of $13.88 million, and net loss per diluted share was 6 cents compared to a profit of 50 cents a year ago.

                  The company guided for fiscal 2025 revenue between $780 million and $795 million, compared to $716.7 million a year ago, and non-GAAP earnings per diluted share between $2.92 and $3.13, compared to 43 cents in 2024.

                  Non-GAAP adjusted EBITDA is estimated between $135 million and $142 million, compared to $22.2 million in 2024.
                  • 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.
                      • Mar 4, 2025
                      • 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.