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Jun 2, 2025
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Ulta Beauty Inc. traded down 1.0% to $466.76 despite the cosmetics retailer reporting higher revenue in the first quarter of 2025.
Net sales jumped to $2.8 billion from $2.7 billion, net income fell to $305.1 million from $313.1 million, and diluted earnings per share rose to $6.70 from $6.47 a year ago.
Comparable sales, which include sales from stores open for at least 14 months and e-commerce transactions, rose 2.9%, driven by a 2.3% rise in average ticket and a 0.6% increase in transaction volume.
The company anticipates net sales for the year to range between $11.5 billion and $11.7 billion, compared to $11.3 billion a year ago, with comparable sales growth estimated between flat and 1.5%.
During the first quarter, the beauty product retailer opened six stores, remodeled four stores, and relocated two stores.
The company plans to open 60 new stores in fiscal 2025, along with 40 to 45 store remodeling and relocation projects.
The stock has gained 15.1% in the past three months compared with the industry’s growth of 2.9%. -
Foot Locker Inc. traded flat at $23.93 after the footwear and apparel retailer swung to a loss in the fiscal first quarter of 2025.
Total sales were down 4.6% to $1.79 billion from $1.87 billion, net income swung to a loss of $363 million from a profit of $8 million, and diluted earnings per share swung to a loss of $3.81 from a profit of 9 cents a year ago.
Comparable sales decreased 2.6%, with comparable sales in the North American region declining 0.5% and in the international segment they were down 8.5%, led by softness in Foot Locker Europe.
Dick's Sporting Goods Inc. has agreed to acquire Foot Locker for $2.4 billion. -
GAP Inc. plunged 14.8% to $23.80 after the specialty apparel company failed to meet analyst expectations in the fiscal first quarter of 2025 and warned of tariff-related costs in the future.
Revenue increased to $3.46 billion from $3.39 billion, net income climbed to $193 million from $158 million, and diluted earnings per share rose to 51 cents from 41 cents a year ago.
Comparable sales were up 2% from a year earlier, and online sales increased 6%, representing 39% of total net sales.
Excluding the potential impact from imposed tariffs, the company guided full-year net sales to grow between 1% and 2% from $15.1 billion and net interest income to decline to $15 million from $25 million in the previous year, respectively.
Furthermore, GAP plans to close approximately 35 stores during 2025, after closing 56 stores last year.
For the second quarter, the retailer estimated net sales to remain flat year-over-year. -
Burlington Stores Inc. traded flat at $227.80 after the off-price department store retailer reported strong results for the fiscal first quarter of 2025.
Revenue increased to $2.50 billion from $2.36 billion, net income jumped to $100.83 million from $78.51 million, and diluted earnings per share rose to $1.58 from $1.22 a year ago.
Comparable store sales were flat, at the midpoint of guidance, and on top of 2% last year.
The company repurchased 445,285 shares of its own stock for $105 million during the quarter, and $158 million remained under repurchase authorization.
In addition, the company’s board of directors authorized the repurchase of up to an additional $500 million, which is authorized to be executed through May 2027.
Burlington Stores guided second-quarter sales to increase between 5% and 7%, compared to $2.46 billion, assuming comparable store sales will be breakeven to up 2%, and adjusted earnings per share between $1.20 and $1.30, compared to $1.24 a year ago, respectively.
For the full year, the retailer estimated sales to grow between 6% and 8%, compared to $10.62 billion, assuming comparable store sales will be breakeven to up 2%, and adjusted earnings per share between $8.70 and $9.30, compared to $8.35 in the previous year, respectively. -
Li Auto Inc. gained 0.7% to $28.70 despite the China-based electric vehicle maker reporting sharply lower net earnings in the fiscal first quarter 2025.
Revenue declined to 25.63 billion yuan from 44.27 billion yuan, net income slumped to 592.56 million yuan from 3.52 billion yuan, and diluted earnings per share fell to 0.28 yuan from 1.65 yuan a year ago.
The company delivered 92,864 vehicles in the quarter, an increase of 15.5% from 80,400 vehicles a year earlier.
Li Auto guided second-quarter revenue to be between 32.5 billion yuan and 33.8 billion yuan, an increase of 2.5% to 6.7% from 31.7 billion yuan a year earlier.
The company also expects to deliver between 123,000 and 128,000 vehicles during the second quarter, an increase of 13.3% to 17.9% from 108,581 vehicles in the previous year. -
Zscaler Inc. surged 4.9% to $263.54 after the cloud security provider reported higher revenue in the fiscal third quarter of 2025, but net income swung to a loss.
Revenue edged up to $678.03 million from $553.20 million, net income swung to a loss of $4.12 million from a profit of $19.12 million, and diluted earnings per share swung to a loss of 3 cents from a profit of 12 cents a year ago.
The company guided fourth-quarter revenue to be between $705 million and $707 million, compared to $592.9 million, and non-GAAP net income per share between 79 cents and 80 cents, compared to 88 cents a year earlier, respectively.
For the full year, the cyber security company estimated revenue to be between $2.659 billion and $2.661 billion, compared to $2.168 billion, and non-GAAP net income per share between $3.18 and $3.19, compared to $3.19 a year ago, respectively.
The company expects non-GAAP income from operations in the fourth quarter to range between $152 million and $154 million, compared to $140.6 million, and for the full year, it will be between $573 million and $575 million, compared to $508.1 million in 2024, respectively. -
Costco Wholesale Corp. eased 0.4% to $1,004.99 despite the wholesale retailer reporting strong results for the fiscal third quarter of 2025.
Revenue increased to $63.20 billion from $58.51 billion, net income jumped to $1.90 billion from $1.68 billion, and diluted earnings per share rose to $4.28 from $3.78 a year ago.
Comparable sales edged up 5.7% in the quarter, and e-commerce sales surged 14.8%.
Excluding the impacts from changes in gasoline prices and foreign exchange, comparable sales increased 8%, and e-commerce sales were up 15.7%. -
Best Buy Co. Inc. inched up 0.01% to $66.33 after the consumer electronics retailer reported lower sales in the fiscal first quarter of 2026.
Revenue edged down to $8.77 billion from $8.85 billion, net earnings dropped to $202 million from $246 million, and diluted earnings per share fell to 95 cents from $1.13 a year ago.
The company guided full-year revenue to be between $41.1 billion and $41.9 billion, compared to $41.5 billion, and adjusted diluted earnings per share between $6.15 and $6.30, compared to $6.37 a year earlier, respectively.
During the first quarter, the retailer returned $302 million to shareholders through dividends of $202 million and share repurchases of $100 million, and the company expects to spend approximately $300 million on share repurchases during fiscal year 2026.
Best Buy will pay its next quarterly cash dividend of 95 cents per share on July 10 to shareholders on record on June 19. -
Bath & Body Works Inc. gained 0.3% to $28.68 after the personal care products retailer reported strong results in the fiscal first quarter of 2025.
Net sales climbed to $1.42 billion from $1.38 billion, net income jumped to $105 million from $87 million, and diluted earnings per share rose to 49 cents from 38 cents a year ago.
The company maintained its full-year guidance of 1% to 3% growth, compared to $7.31 billion, and diluted earnings per share between $3.25 and $3.60, compared to $3.61 a year earlier, respectively, inclusive of current tariff rates.
For the second quarter, the retailer estimated net sales to be flat to up 2%, compared to $1.53 billion, and diluted earnings per share between 33 cents and 38 cents, compared to 68 cents a year ago, respectively. -
Capri Holdings Ltd. surged 2.5% to $18.49 despite the fashion retailer reporting weak fiscal fourth-quarter 2025 results.
Revenue dropped to $1.03 billion from $1.22 billion, net loss widened to $645 million from a loss of $472 million, and diluted loss per share expanded to $5.44 from a loss of $4.03 a year ago.
Versace revenue was $208 million, a decline of 21.2% from the same quarter a year earlier.
The fashion retailer guided first-quarter revenue to be between $765 million and $780 million, compared to $1.07 billion, and diluted earnings per share between 10 cents and 15 cents, compared to a loss of 11 cents a year ago, respectively.
The company estimated fiscal year 2026 revenue to be between $3.3 billion and $3.4 billion, compared to $4.44 billion, and diluted earnings per share between $1.20 and $1.40, compared to a loss of $10 in the previous year, respectively.
May 30, 2025
May 29, 2025