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    • Breaking News
    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.
      • May 22, 2025
      • TJX Companies Inc. inched up 0.01% to $131.04 after the off-price apparel and home fashion retailer reported higher revenue in the first quarter of 2025.

        Net sales climbed to $13.11 billion from $12.48 billion, net income edged down to $1.04 billion from $1.07 billion, and diluted earnings per share fell to 92 cents from 93 cents a year ago.

        First-quarter comparable sales increased 3%, at the high end of the company’s plan, driven by an increase in customer transactions.

        The company returned $1.0 billion to shareholders in the quarter through share repurchases and dividends.

        The department store retailer guided second-quarter comparable sales to be up 2% to 3% and diluted earnings per share between 97 cents and $1.00, compared to 96 cents a year earlier.

        For the full year, the company estimated same-store sales to be up 2% to 3% and diluted earnings per share between $4.34 and $4.43, compared to $4.26 a year ago.
        • Lowe's Companies Inc. eased 0.1% to $227.15 after the home improvement retailer reported first-quarter 2025 results.

          Net sales declined to $20.93 billion from $21.36 billion, net earnings dropped to $1.64 billion from $1.75 billion, and diluted earnings per share fell to $2.92 from $3.06 a year ago.

          The company estimated full-year comparable sales to be flat to up 1% as compared to the prior year, revenue between $83.5 billion and $84.5 billion, and diluted earnings per share between $12.15 and $12.40.

          In comparison, revenue in 2024 was $83.67 billion, and diluted earnings per share stood at $12.23.
          • Medtronic Plc. traded flat at $84.41 after the medical device provider reported higher revenue and earnings in the fourth quarter of 2025.

            Net sales climbed to $8.93 billion from $8.59 billion, net income edged up to $1.06 billion from $654 million, and diluted earnings per share rose to 82 cents from 49 cents a year ago.

            The medical technology company plans to separate its diabetes business into a standalone public company within 18 months.

            The company announced a cash dividend of 71 cents per share, or an annual amount of $2.84 per share, payable on July 11 to shareholders on record on June 27.

            Medtronic guided fiscal year 2026 organic revenue to grow by approximately 5%, compared to $33.54 billion, and diluted non-GAAP earnings per share to increase by 4%, compared to $5.49 a year earlier, respectively.
            • Target Corp. eased 0.1% to $92.90 after the big-box retailer reported mixed first-quarter results and lowered its annual outlook.

              Net sales slipped 2.8% to $23.85 billion from $24.53 billion, net earnings climbed 10% to $1.04 billion from $942 million, and diluted earnings per share rose 11.7% to $2.27 from $2.03 a year ago.

              Comparable sales edged down 3.8% in the quarter amid a lower number of transactions and a lower average transaction amount, partially offset by comparable digital sales growth of 4.7%.

              The company guided full-year sales to decline in low single digits, compared to $106.57 billion, and GAAP earnings per share to be between $8.00 and $10.00, compared to $8.86 a year earlier, respectively.

              Target paid dividends of $510 million in the first quarter, compared with $508 million last year, reflecting a 1.8% increase in the dividend per share.

              In addition, the company repurchased $251 million of its own shares, retiring 2.2 million shares at an average price of $114.60, and as of the end of the quarter, the company had approximately $8.4 billion remaining under repurchase authorization.
              • VF Corp. traded up 0.4% to $12.20 after the apparel and footwear company reported fourth-quarter 2025 results.

                Revenue edged down to $2.14 billion from $2.25 billion, net loss narrowed to $150.79 million from a loss of $418.31 million, and diluted loss per share shrank to 39 cents from a loss of $1.08 a year ago.

                The company guided first-quarter sales to decrease by 3% to 5%, compared to $1.9 billion, and operating loss to be between $110 million and $125 million, compared to a loss of $239.89 a year ago, respectively.
                • VFC
                • Urban Outfitters Inc. soared 17.4% to $70.00 after the lifestyle and homeware retailer reported strong first-quarter 2025 results.

                  Net sales jumped to $1.33 billion from $1.20 billion, net income surged to $108.35 million from $61.76 million, and diluted earnings per share rose to $1.16 from 65 cents a year ago.

                  The company said total inventory as of April 30 stood at $84.8 million, an increase of 14.6% from a year earlier, and the company opened 13 new retail locations.

                  The clothing retailer repurchased and subsequently retired 3.3 million shares for approximately $152 million during the quarter and 1.2 million shares for $53 million during the fiscal year, and as of April 30, 14.7 million shares remained under repurchase authorization.

                  Guess? Inc. traded flat at $11.05 after the fashion clothing retailer reported fourth-quarter 2025 results.

                  Net revenue edged up to $932.25 million from $891.05 million, net earnings dropped to $81.40 million from $115.27 million, and diluted earnings per share fell to $1.16 from $1.71 a year ago.

                  The company guided first-quarter revenue to increase between 5.8% and 7.5%, compared to $569.8 million, and GAAP diluted loss per share to be between 75 cents and 66 cents, compared to a loss of 22 cents a year ago, respectively.

                  For the full year, Guess estimated revenue to increase between 3.9% and 6.2%, compared to $2.8 billion, and GAAP diluted earnings per share to be between $1.03 and $1.37, compared to $3.09 a year earlier, respectively.

                  During the fiscal year 2025, the company repurchased approximately 2.6 million shares for $60.3 million, and a capacity of $139.8 million remained under repurchase authorization.
                  • May 21, 2025
                  • Palo Alto Networks Inc. dropped 3.9% to $186.81 after the cybersecurity company reported third-quarter 2025 results.

                    Revenue jumped to $2.29 billion from $1.98 billion, net income declined to $262.1 million from $278.8 million, and diluted earnings per share edged down to 79 cents from $1.32 a year ago.

                    The company guided fourth-quarter revenue to be between $2.49 billion and $2.51 billion, compared to $2.19 billion, and diluted earnings per share between 87 cents and 89 cents, compared to $1.51 a year ago, respectively.

                    For the full year, the company estimated revenue to be between $9.17 billion and $9.19 billion, compared to $8.03 billion, and diluted earnings per share between $3.26 and $3.28, compared to $5.67 a year earlier, respectively.
                    • Home Depot Inc. eased 0.01% to $377.00 after the home improvement retailer reported first-quarter 2025 results.

                      Net sales jumped 9.4% to $39.86 billion from $36.42 billion, net earnings dropped 4.6% to $3.43 billion from $3.60 billion, and diluted earnings per share fell 5% to $3.45 from $3.63 a year ago.

                      The company reaffirmed its guidance for fiscal 2025 for a total sales growth of approximately 2.8%, compared to $159.5 billion in 2024, and a comparable sales increase of 1%.

                      Home Depot expects full-year diluted earnings per share to decline 3% from $14.91 a year ago.
                      • Toll Brothers Inc. surged 5.1% to $109.81 despite the luxury home builder reporting a decline in earnings and revenue in the second quarter.

                        Revenue edged down to $2.74 billion from $2.84 billion, net income fell to $352.45 million from $481.62 million, and diluted earnings per share slipped to $3.50 from $4.55 a year ago.

                        The company delivered between 2,800 and 3,000 homes during the quarter, and the average price per home ranged between $965,000 and $985,000.

                        Toll Brothers spent approximately $723.0 million on land to purchase 4,380 lots and ended the quarter with 421 selling communities, compared to 386 communities a year earlier.

                        During the quarter, the home builder repurchased approximately 1.6 million shares at an average price of $107.84 for a total of $177.4 million.