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Apr 30, 2025
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Starbucks Corp. dropped 6.5% to $79.33 after the coffee chain retailer reported second-quarter 2025 results.
Revenue jumped 2.3% to $8.76 billion from $8.56 billion, net earnings slumped 50.3% to $384.2 million from $772.4 million, and diluted earnings per share fell 50% to 34 cents from 68 cents a year ago.
Sales in North America increased 1.5%, while international sales jumped 6.2% in the quarter.
Global comparable sales declined 1%, driven by a 2% decline in comparable transactions, partially offset by a 1% increase in average ticket.
North America comparable store sales dropped 1%, while international comparable store sales increased 2%, and comparable sales in China were flat.
The company opened 213 net new stores in the second quarter, ending the period with 40,789 stores, of which 53% are company-operated and 47% are licensed.
The U.S. and China comprised 61% of the company’s global portfolio, with 17,122 and 7,758 stores in the U.S. and China, respectively. -
CoStar Group Inc. eased 0.6% to $82.24 after the technology provider to the property markets reported first-quarter 2025 results.
Revenue jumped to $732 million from $656 million, net income swung to a loss of $14.8 million from a profit of $6.7 million, and diluted earnings per share swung to a loss of 4 cents from a profit of 2 cents a year ago.
The company guided fiscal 2025 revenue to be between $3.11 billion and $3.15 billion, compared to $2.74 billion in 2024.
Second-quarter revenue is expected to range between $770 million and $775 million, compared to $678 million a year earlier. -
PayPal Holdings Inc. eased 0.3% to $66.15 after the online payment platform operator reported first-quarter 2025 results.
Revenue jumped to $7.79 billion from $7.70 billion, net income surged to $1.29 billion from $888 million, and diluted earnings per share rose to $1.29 from 83 cents a year ago.
“This is our fifth consecutive quarter of profitable growth with progress across branded checkout, PSP, omnichannel, and Venmo,” the company said in a release to investors. -
Cadence Design Systems Inc. eased 0.6% to $284.00 after the software company reported first-quarter 2025 results.
Revenue edged up to $1.24 billion from $1.01 billion, net income surged to $273.58 million from $247.64 million, and diluted earnings per share jumped to $1.01 from 92 cents a year ago.
The company guided fiscal 2025 revenue to be between $5.15 billion and $5.23 billion, compared to $4.64 billion in 2024, and GAAP diluted net income per share between $4.21 and $4.31, compared to $3.85 a year earlier.
The company estimated GAAP operating margin to be between 30.25% and 31.25%, compared to 29.1% in 2024, and non-GAAP diluted earnings per share between $6.73 and $6.83, compared to $5.97 a year ago. -
Domino's Pizza eased 0.1% to $490.00 after the pizza restaurant operator announced first-quarter 2025 results.
Revenue increased 2.5% to $1.11 billion from $1.08 billion, net income surged 18.9% to $149.7 million from $125.8 million, and diluted earnings per share rose 20.9% to $4.33 from $3.58 a year ago.
Same-store sales of U.S. company-owned stores slipped 2.9% in the quarter, U.S. franchise store sales declined 0.4%, U.S. store sales dropped 0.5%, and international store sales rose 3.7%, excluding the foreign currency impact.
The company proposed a quarterly dividend of $1.74 per share, payable on June 30 to shareholders on record as of June 13.
During the quarter, the pizza chain operator repurchased and retired 115,280 shares for a total of $50.0 million, and as of March 23, it had $764.3 million remaining under repurchase authorization. -
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., traded flat at $88.92 after the Mexican airport operator reported first-quarter 2025 results.
Revenue slipped 5% to 3.57 billion pesos from 3.75 billion pesos, net income jumped 19.7% to 1.29 billion pesos from 1.08 billion pesos, and earnings per share rose 19.3% to 3.33 pesos from 2.79 pesos a year ago.
Passenger traffic increased by 9.1% during the quarter to 6.427 million passengers from 5.889 million passengers a year earlier. -
Intel Corp. eased 0.1% to $20.02 after the technology company reported first-quarter 2025 results.
Revenue inched down to $12.67 billion from $12.72 billion, net loss widened to $821 million from a loss of $381 million, and diluted loss per share widened to 19 cents from a loss of 9 cents a year ago.
The company guided second-quarter 2025 revenue to be between $11.2 billion and $12.4 billion, compared to $12.83 billion in 2024, and net loss per share of 32 cents, compared to a loss of 38 cents a year earlier. -
Valero Energy Corp. gained 0.4% to $113.87 after the energy company reported first-quarter 2025 results.
Revenue edged down to $30.26 billion from $31.76 billion, net income swung to a loss of $595 million from a profit of $1.24 billion, and diluted earnings per share swung to a loss of $1.90 from a profit of $3.75 a year ago.
The company returned $633 million to shareholders through dividends and stock buybacks, and it announced a quarterly cash dividend of $1.13 per share. -
Alphabet Inc. eased 0.2% to $161.70 after the parent company of the Google search engine reported first-quarter 2025 results.
Revenue surged to $90.23 billion from $80.54 billion, net income jumped to $34.54 billion from $23.66 billion, and diluted earnings per share rose to $2.81 from $1.89 a year ago.
The company announced a quarterly cash dividend of 21 cents per share, an increase of 5% from the prior dividend of 20 cents per share, payable on June 16 to shareholders on record as of June 9.
During the quarter, Alphabet paid a total of $2.4 billion in dividends, and on April 23, the company issued an authorization to repurchase $70.0 billion of Class A and Class C shares. -
PepsiCo Inc. gained 0.3% to $133.74 after the beverage company reported first-quarter 2025 results.
Revenue declined to $17.92 billion from $18.25 billion, net income slipped to $1.83 billion from $2.04 billion, and diluted earnings per share fell to $1.33 from $1.48 a year ago.
The company guided fiscal 2025 revenue to increase by a low single-digit percent, compared to $91.85 billion in 2024, implying a 3% decline in core earnings per share, compared to $8.16 per share in 2024.
PepsiCo also estimated total cash returns to shareholders of approximately $8.6 billion, comprised of dividends of $7.6 billion and share repurchases of $1.0 billion.
Apr 29, 2025
Apr 28, 2025