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Jun 10, 2025
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Calavo Growers Inc. plunged 13.5% to $23.95 despite the provider of avocado, tomato, and papaya products reporting improved results for the fiscal second quarter ending on April 30.
Net sales increased to $190.55 million from $184.38 million, net income jumped to $6.85 million from $6.06 million, and diluted earnings per share rose to 38 cents from 34 cents a year ago.
Fresh segment sales edged up 4.7%, and prepared segment sales climbed 9.9% from a year ago, respectively.
Net sales for the six months ending in April increased to $344.93 million from $311.99 million, net income swung to a profit of $11.26 million from a loss of $205 million, and diluted earnings per share swung to a profit of 63 cents from a loss of 1 cent a year earlier.
In the six months, fresh segment sales jumped 12.4% and prepared segment sales rose 5.4% from a year ago, respectively. -
Limoneira Co. edged up 0.9% to $16.33 after the diversified citrus growing, packing, selling, and marketing company with related agribusiness activities and real estate development operations reported financial results for the second quarter ending on April 30.
Revenue declined to $35.12 million from $44.61 million, net income swung to a loss of $3.49 million from a profit of $6.44 million, and diluted earnings per share swung to a loss of 20 cents from a profit of 35 cents a year ago.
The company announced its plan to merge its citrus sales and marketing into Sunkist Growers Inc., expecting to generate $5 million in annual selling and marketing cost savings and EBITDA improvement beginning in fiscal year 2026.
The transaction is expected to be finalized in November.
California-based Limoneira will return to Sunkist as one of its largest lemon growers and an exclusive licensed packer, the agri-food group said in a statement. -
Broadcom Inc. dropped 4.2% to $249.00 despite the provider of semiconductor and infrastructure software solutions reporting higher earnings for its second quarter of fiscal 2025 ending on May 4.
Revenue edged up to $15.0 billion from $12.49 billion, net income jumped to $4.96 billion from $2.12 billion, and diluted earnings per share rose to $1.03 from 44 cents a year ago.
The company repurchased 25.3 million shares for $4.22 billion in the quarter.
In addition, Broadcom announced a quarterly cash dividend of 59 cents per share, payable on June 30 to shareholders on record on June 20.
The company guided third-quarter revenue to be approximately $15.8 billion, compared to $13.1 billion a year earlier. -
DocuSign Inc. slumped 16.8% to $77.30 despite the e-signature software provider reporting strong results for the first quarter of fiscal 2026, ending on April 30.
Revenue jumped to $763.65 million from $709.64 million, net income edged up to $72.09 million from $33.76 million, and diluted earnings per share rose to 34 cents from 16 cents a year ago.
The company repurchased its own common stock worth $183.4 million, compared to $149.1 million in the previous year, and as of June 5, the company has up to $1.4 billion under stock repurchase authorization.
DocuSign guided second-quarter revenue to be between $777 million and $781 million, compared to $736 million a year earlier.
For the full year, the company estimated total sales to range between $3.15 billion and $3.16 billion, compared to $2.98 billion in the previous year. -
Ciena Corp. eased 0.1% to $73.00 after the provider of networking systems reported results of its second quarter of fiscal 2025, ending on May 3.
Revenue increased to $1.12 billion from $910.83 million, net income swung to a profit of $8.97 million from a loss of $16.85 million, and diluted earnings per share swung to a profit of 6 cents from a loss of 12 cents a year ago.
Inventories totaled $874.3 million, compared to $1.02 billion a year earlier.
The company repurchased approximately 1.2 million shares for a total of $84.3 million during the quarter. -
Lands’ End Inc. dropped 4.8% to $8.51 after the apparel and footwear retailer reported an expanding net loss for the first quarter of fiscal 2025, ending on May 2.
Revenue declined to $261.21 million from $285.47 million, net loss widened to $8.26 million from a loss of $6.44 million, and diluted loss per share expanded to 27 cents from a loss of 20 cents a year ago.
The company repurchased $2.8 million of its own stock during the quarter, and as of May 2, additional repurchases of up to $10.6 million remained under authorization through March 31, 2026.
The retailer guided full-year revenue to range between $1.33 billion and $1.45 billion, net income between $8.0 million and $20.0 million, and diluted earnings per share between 25 cents and 64 cents.
In comparison, fiscal 2024 revenue was $1.36 billion, net income was $6.23 million, and diluted earnings per share were 20 cents. -
Lululemon Athletica Inc. plunged 22.4% to $256.78 after the apparel company reported lower earnings for its first quarter of fiscal 2025, ending on May 4.
Revenue climbed to $2.37 billion from $2.20 billion, net income fell to $314.57 million from $321.42 million, and diluted earnings per share rose to $2.60 from $2.54 a year ago because of a fewer outstanding shares.
Comparable sales increased 1% from a year earlier, as sales in the Americas decreased 1% and international sales edged up 7% on a constant dollar basis.
The company repurchased 1.4 million of its shares for a cost of $430.4 million in the quarter and added three new company-operated stores, ending with 770 stores.
Lululemon guided second-quarter revenue to be between $2.53 billion and $2.56 billion, an increase of 7% to 8% from $2.37 billion, and diluted earnings per share between $2.85 and $2.90, compared to $3.15 a year ago, respectively.
For the full year, the apparel retailer estimated revenue to range between $11.15 billion and $11.30 billion, representing growth of 5% to 7% from $10.59 billion, and diluted earnings per share between $14.58 and $14.78, compared to $14.64 a year earlier, respectively. -
Five Below Inc. surged 4.6% to $126.85 after the specialty discount store chain operator reported higher revenue and profit in the fiscal first quarter of 2025, ending on May 3.
Net sales increased to $970.53 million from $811.86 million, net income jumped to $41.15 million from $31.47 million, and diluted earnings per share rose to 75 cents from 57 cents a year ago.
The company guided second-quarter net sales to range between $975 million and $995 million, compared to $830.1 million, and diluted earnings per share between 45 cents and 57 cents, compared to 60 cents a year earlier, respectively.
In the second quarter, the company expects net income to be between $25 million and $32 million, compared to $33 million a year ago.
For the full year, the discount retailer estimated net sales to range between $4.33 billion and $4.42 billion, compared to $3.88 billion, and diluted earnings per share between $4.04 and $4.51, compared to $4.60 a year earlier.
Net income in the full year is expected to range between $223 million and $249 million, compared to $253.6 million in 2024. -
PVH Corp. slumped 12.5% to $70.70 after the parent company of Calvin Klein and Tommy Hilfiger swung to a loss in the first quarter of 2025 and lowered its annual outlook.
Revenue increased to $1.98 billion from $1.95 billion, net income swung to a loss of $44.8 million from a profit of $151.4 million, and diluted earnings per share swung to a loss of 88 cents from a profit of $2.59 a year ago.
Tommy Hilfiger sales increased 3%, while Calvin Klein sales were flat from a year earlier.
During the first quarter, the company repurchased 5.4 million shares of its own stock and paid $561 million in connection with the accelerated share repurchase agreements and open market purchases.
The retailer guided full-year revenue to be flat to slightly up on a constant currency basis, compared to $8.65 billion, and non-GAAP earnings per share between $10.75 and $11.00, compared to $11.74 in 2024, respectively.
The previous guidance was for non-GAAP earnings of $12.40 to $12.75 per share.
PVH estimated second-quarter revenue to increase by low single digits, compared to $2.07 billion, and non-GAAP earnings per share to be between $1.85 and $2.00, compared to $3.01 in the previous year, respectively. -
MongoDB Inc. surged 19.2% to $238.01 after the data storage company reported higher revenue in the first quarter of fiscal 2026, ending on April 30.
Revenue edged up to $549.01 million from $450.56 million, net loss shrank to $37.63 million from a loss of $80.59 million, and diluted loss per share narrowed to 46 cents from a loss of $1.10 a year ago.
The company added 2,600 customers in the quarter, with over 57,100 total customers as of April 30.
The data storage provider issued an additional share repurchase authorization of $800 million, bringing the total buyback authorization to $1 billion.
The company guided second-quarter revenue to be between $548.0 million and $553.0 million, compared to $478.1 million, and non-GAAP earnings per share between 62 cents and 66 cents, compared to 70 cents a year earlier, respectively.
Non-GAAP income from operations is expected to be between $55.0 million and $59.0 million in the second quarter, compared to $52.5 million in the previous year.
For the full year, MongoDB estimated sales to be between $2.25 billion and $2.29 billion, compared to $2.01 billion, and non-GAAP earnings per share between $2.94 and $3.12, compared to $3.66 a year ago, respectively.
Non-GAAP income from operations is expected to be between $267.0 million and $287.0 million in fiscal 2026, compared to $299.3 million in the previous year.
Jun 6, 2025
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