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Mar 7, 2025
  • Burlington Stores Inc. gained 0.6% to $259.25 after the off-price apparel and accessories retailer reported sales growth in the fiscal fourth quarter of 2024.

    Revenue increased to $3.28 billion from $3.12 billion, net income jumped to $260.77 million from $227.46 million, and earnings per diluted share rose to $4.02 from $3.53 a year ago.

    Fourth-quarter comparable store sales grew 6% versus guidance of zero to 2%.

    The company guided for the first quarter of 2025 total sales growth between 5% and 7%, assuming flat comparable store sales, compared to $2.36 billion in the same quarter in 2024.

    Adjusted earnings per share are expected to be between $1.30 and $1.45, compared to $1.35 per share last year.

    Burlington said revenue in the full year is expected to increase between 6% and 8%, assuming comparable store sales would increase between zero and 2%, compared to $10.62 billion in 2024.

    Adjusted earnings per share for the full year are expected to be between $8.70 and $9.30, compared to $8.17 per share a year ago.
    • The Kroger Co. gained 18.6% to $23.11 after the food retailer reported results for the fiscal fourth quarter of 2024.

      Revenue declined to $34.31 billion from $37.06 billion, net earnings dropped to $634 million from $736 million, and earnings per diluted share fell to 90 cents from $1.01 a year ago.

      The company declared a dividend of 32 cents per share in the quarter, up from 29 cents per share a year ago.

      During the year, the company commenced a $5.0 billion accelerated share repurchase program to be completed under its $7.5 billion share repurchase authorization.
      • The Gap Inc. surged 18.6% to $23.11 after the specialty apparel retailer reported results for the fiscal fourth quarter of 2024.

        Net sales dropped to $4.15 billion from $4.30 billion, net income jumped to $206 million from $185 million, and earnings per diluted share rose to 54 cents from 49 cents a year ago.

        Comparable sales in the quarter advanced 3%.

        The company guided for the first quarter of 2025 net sales flat to up slightly, compared to $3.4 billion in 2024.

        For the full year, Gap estimated sales growth between 1% and 2%, compared to $15.09 billion in 2024.
        • Zscaler Inc. surged 3.5% to $203.28 after the cloud security company reported a 23% revenue increase in the fiscal second quarter of 2025.

          Revenue increased to $647.90 million from $524.99 million, net loss shrank to $7.72 million from a loss of $28.47 million, and loss per share declined to 5 cents from a loss of 19 cents a year ago.

          The company guided for the third quarter revenue between $665 million and $667 million, compared to $553.2 million a year ago, and non-GAAP net income per share between 75 cents and 76 cents, down from 88 cents in the same quarter in 2024.

          Non-GAAP income from operations is expected to be between $140 million and $142 million, up from $139.8 million in the third quarter of 2024.

          For the full year, Zscaler estimated revenue between $2.64 billion and $2.65 billion, up from $2.17 billion a year ago, and non-GAAP net income per share between $3.04 and $3.09, down from $3.19 in 2024.

          Non-GAAP income from operations is expected to be between $562 million and $572 million, up from $508.1 million in 2024.
          • Marvell Technology Inc. plunged 17.9% to $74.00 despite the provider of data infrastructure semiconductor solutions reporting a 27% revenue increase in the fiscal fourth quarter of 2025.

            Revenue increased to $1.82 billion from $1.43 billion, net income swung to a profit of $200.2 million from a loss of $392.7 million, and earnings per diluted share jumped to a profit of 23 cents from a loss of 45 cents a year ago.

            The company guided for the first quarter of 2026 revenue of $1.87 billion with a band of 5%, compared to $1.16 billion a year ago, and non-GAAP diluted net income per share at 61 cents with a band of 5 cents, compared to 24 cents in the same quarter in 2025.
            • Fastenal Co. eased 0.1% to $77.75 after the logistics company reported increased revenue in fiscal 2024.

              Net sales jumped 2.7% to $7.55 billion from $7.35 billion, net income declined 0.4% to $1.50 billion from $1.55 billion, and earnings per diluted share dropped 0.6% to $2.00 from $2.02 a year ago.

              The company paid a cash dividend of $1.56 per share in 2024 for a total of $893.3 million, compared to $1.78 per share or $1.02 billion in 2023.
              • 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.