Breaking News
Nike   Walgreens Boots   MillerKnoll   Raymond James   Micron Tech   AeroVironment   BlackBerry   FedEx   Carnival  
  • ALL
    • Breaking News
    May 29, 2025
    • Macy's Inc. advanced 1.9% to $12.23 despite the department store chain reporting lower sales and earnings in the first quarter.

      Net sales declined to $4.60 billion from $4.85 billion, net income slipped to $38 million from $62 million, and diluted earnings per share fell to 13 cents from 22 cents a year ago.

      The company’s comparable sales were down 2% on an owned basis, but Bloomingdale’s same-store sales increased 3%.

      “Bluemercury reported comparable sales growth of 1.5%, its 17th consecutive quarter of comparable sales growth,” the company said in a release to investors.

      During the quarter, the retailer returned approximately $152 million to shareholders, including $51 million in quarterly cash dividends and $101 million of share repurchases.

      Macy’s has approximately $1.3 billion remaining under its $2.0 billion share repurchase authorization as of the end of the first quarter.

      The company announced a regular quarterly dividend of 18.24 cents per share payable on July 1 to shareholders on record on June 13.

      Looking ahead, the company estimated full-year revenue to be between $21.0 billion and $21.4 billion, compared to $23.0 billion, and adjusted diluted earnings per share between $2.05 and $2.25, compared to $3.28 a year earlier, respectively.
      • Abercrombie & Fitch Co. advanced 1.8% to $90.06 after the specialty retailer of apparel and accessories reported better-than-expected net sales in the first quarter.

        Net sales increased to $1.10 billion from $1.02 billion, net income declined to $80.41 million from $113.85 million, and diluted earnings per share fell to $1.59 from $2.14 a year ago.

        Comparable sales rose 4% in the quarter, led by the EMEA region, up 6%.

        During the quarter, the company repurchased 2.6 million shares for approximately $200 million, and $1.1 billion remained under repurchase authorization.

        The company guided second-quarter revenue to grow between 3% and 5% from $1.1 billion, and diluted earnings per share to be between $2.10 and $2.30, compared to $2.50 a year earlier, respectively.

        For the full year, the company estimated revenue to increase between 3% and 6% from $4.95 billion, and diluted earnings per share to be between $9.50 and $10.50, compared to $10.69 in the previous year, respectively.
        • Dick's Sporting Goods Inc. gained 1.7% to $180.08 after the retailer reported higher revenue in the first quarter.

          Net sales jumped to $3.17 billion from $3.02 billion, net income eased to $264.39 million from $275.29 million, and diluted earnings per share fell to $3.24 from $3.30 a year ago.

          The company continues to expect full-year comparable sales growth in the range of 1% to 3% as it opened six new retail locations during the first quarter and agreed to acquire Foot Locker Inc.

          The sporting goods retailer announced a quarterly cash dividend of $1.2125 per share payable on June 27 to shareholders on record on June 13.

          For the full year, the company estimated revenue to be between $13.6 billion and $13.9 billion, compared to $13.44 billion, and diluted earnings per share between $13.80 and $14.40, compared to $14.05 a year ago, respectively.
          • Veeva Systems Inc. soared 16.4% to $273 after the provider of cloud-based software solutions for the life sciences industry reported strong first-quarter 2026 results.

            Revenue increased to $759.04 million from $650.34 million, net income jumped to $228.19 million from $161.66 million, and diluted earnings per share rose to $1.37 from 98 cents a year ago.

            The company guided second-quarter revenue to be between $766 million and $769 million, compared to $676.2 million, and non-GAAP diluted earnings per share between $1.89 and $1.90, compared to $1.62 a year earlier, respectively.

            For the full year, the software company estimated revenue to be between $3.09 billion and $3.10 billion, compared to $2.75 billion, and non-GAAP diluted earnings per share of approximately $7.63, compared to $6.60 in the previous year, respectively.
            • Salesforce.com Inc. advanced 1.3% to $279.68 after the customer management software provider reported strong results in the fiscal first-quarter 2026.

              Revenue edged up to $9.83 billion from $9.13 billion, net income jumped to $1.54 billion from $1.53 billion, and diluted earnings per share rose to $1.59 from $1.56 a year ago.

              During the quarter, the company returned $3.1 billion to shareholders, including $2.7 billion in share repurchases and $402 million in dividends.

              The company guided second-quarter revenue to be between $10.11 billion and $10.16 billion, an increase of 8% to 9% from $9.33 billion, and GAAP diluted earnings per share between $1.80 and $1.82, compared to $1.47 a year earlier, respectively.

              For the full year, the software company estimated revenue to be between $41.0 billion and $41.3 billion, up 8% to 9% from $37.9 billion, and GAAP diluted earnings per share between $7.15 and $7.21, compared to $6.36 in the previous year, respectively.
              • NVIDIA Corp. surged 4.9% to $141.40 after the advanced chipmaker reported strong first-quarter 2026 results.

                Revenue jumped to $44.06 billion from $26.04 billion, net income edged up to $18.77 billion from $14.88 billion, and diluted earnings per share rose to 76 cents from 60 cents a year ago.

                Data center revenue was $39.1 billion, an increase of 73% from the prior year.

                The company was unable to ship an additional $2.5 billion of its H20 product revenue in the first quarter due to a special license requirement by the U.S. government to enter the China market.

                NVIDIA will pay its next quarterly cash dividend of 1 cent per share on July 3 to shareholders on record on June 11.

                The chip maker guided second-quarter revenue to be $45.0 billion, plus or minus 2%, compared to $30.0 billion a year ago.

                The outlook reflects a loss in H20 revenue of approximately $8.0 billion due to the recent export control limitations.

                In other segment information, the company’s gaming and AI PC division marked a 42% sales increase, professional visualization was up 19%, and automotive and robotics was up 72% from a year earlier.
                • May 28, 2025
                • Toro Corp. increased 2.7% to $75.88 after the provider of lawn maintenance equipment maker reported a slight decline in revenue in the first quarter.

                  Net sales edged down to $995 million from $1.00 billion, net income dropped to $52.8 million from $64.9 million, and diluted earnings per share fell to 52 cents from 62 cents a year ago.

                  The company guided full-year net sales growth to be in the range of breakeven to 1%, compared to $4.58 billion, and adjusted diluted earnings per share between $4.25 and $4.40, compared to $4.17 a year earlier, respectively.
                  • Okta Inc. plunged 12.8% to $109.39 despite the identity management company reporting higher revenue in the first quarter of 2025.

                    Revenue increased to $688 million from $617 million, net income swung a profit of $62 million from a loss of $40 million, and diluted earnings per share swung to a profit of 36 cents from a loss of 24 cents a year ago.

                    The company guided second-quarter revenue to be between $710 million and $712 million, compared to $556 million, and non-GAAP diluted earnings per share between 83 cents and 84 cents, compared to 31 cents a year earlier, respectively.

                    For the full year, Okta estimated revenue to be between $2.85 billion and $2.86 billion, compared to $2.26 billion, and non-GAAP diluted earnings per share between $3.23 and $3.28, compared to $2.81 a year ago, respectively.
                    • AutoZone Inc. traded flat at $3,695.66 after the retailer of aftermarket automotive parts reported higher revenue in the fiscal third quarter.

                      Net sales climbed 5.4% to $4.46 billion from $4.23 billion, net income dropped 6.6% to $608 million from $652 million, and diluted earnings per share fell 3.6% to $35.36 from $36.69 a year ago.

                      The company repurchased $250 million of its own stock during the quarter and opened 84 new stores, compared to 45 stores a year earlier.

                      AutoZone increased its inventory by 10.8% to $6.82 billion from $6.15 billion in the prior year and reduced its debt by 1.6%.
                      • May 23, 2025
                      • Advance Auto Parts Inc. advanced 0.7% to $49.50 after the automotive aftermarket parts provider reported first-quarter 2025 results.

                        Net sales declined to $2.58 billion from $2.77 billion, net income dropped to $24 million from $40 million, and diluted earnings per share fell to 40 cents from 67 cents a year ago.

                        Advance Auto Parts surged more than 57% in the previous session after the company backed its annual outlook despite tariff pressures.

                        The company guided full-year net sales to be between $8.40 billion and $8.60 billion, compared to $9.09 billion, and comparable store sales to increase between 0.5% and 1.5%, following a decrease of 0.7% in the previous year, respectively.

                        The company reaffirmed full-year adjusted earnings per share to range between $1.50 and $2.50. 

                        Auto Parts plans to open 30 new stores and 10 new market hubs during the current fiscal year.