Costco reported strong results in the fiscal third quarter. GAP failed to meet analyst expectations and warned of tariff-related costs in the future. Foot Locker will be acquired by Dick’s Sporting Goods following weak first-quarter results.

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NVIDIA, Salesforce.com, and Veeva Systems reported strong first-quarter results. Macy’s posted lower sales and earnings and issued a muted guidance.

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U.S. Movers: AutoZone, Okta, Toro

May 28, 2025
Scott Peters
AutoZone reported higher revenue in the third quarter, but net income declined. Okta failed to meet analyst expectations. Toro posted weak first-quarter results but reiterated its outlook.

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Intuit reported strong third-quarter results and raised its full-year outlook. Deckers Outdoor failed to meet analyst expectations. Ross Stores warned of a cost impact from announced tariffs.

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Target reported mixed first-quarter results and lowered its outlook. Lowe’s reported weak quarterly sales and earnings. Urban Outfitters released strong results as the retailer opened 13 new locations during the latest quarter.

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Palo Alto Networks estimated lower earnings per share in the current quarter. Toll Brothers reported weak second-quarter results. Home Depot expects full-year diluted earnings per share to decline 3%.

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U.S. Movers: 8x8, Trip.com

May 20, 2025
Scott Peters
Trip.com, the Chinese travel service company, reported strong first-quarter results. 8x8, the provider of an integrated platform for customer communication, said net loss narrowed in the fourth quarter.

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Walmart reported weak quarterly results, partially offset by growth in the health and wellness grocery segments. Alibaba posted higher sales and earnings but failed to meet analyst expectations. Birkenstock is expanding production capacity to meet consumer demand.

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U.S. Movers: Boot Barn, Cisco Systems

May 15, 2025
Scott Peters
Cisco Systems reported strong third-quarter results and issued a positive outlook. Boot Barn Holdings said it plans to open between 65 and 70 new stores during the fiscal year 2026.

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U.S. Movers: JD.com, Tencent

May 14, 2025
Scott Peters
Tencent reported strong first-quarter results as subscriptions and paying users increased. JD.com said sales and profit edged up, driven by logistics services expansion in Poland and Hong Kong.

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Monday.com reported strong quarterly results and issued a positive outlook. ZoomInfo’s profit jumped despite the decline in sales. Simon Property estimated lower net income for fiscal 2025.

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U.S. Movers: Air Canada, Starwood Property

May 12, 2025
Scott Peters
Starwood Property paid a quarterly dividend despite the weak first-quarter results. Air Canada’s loss widened in the latest quarter amid elevated trade tensions with the U.S.

Shopify and Expedia’s net loss widened in the first quarter. MercadoLibre and Trade Desk posted strong quarterly results. HubSpot swung to a loss in the latest quarter.

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Costco reported higher sales in April. Uber swung to a profit in the first quarter. Carvana posted strong results. DoorDash is expanding its business overseas.

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AMD reported strong first-quarter results and issued a positive outlook. Arista Networks authorized a further stock repurchase program. Electronic Arts’ sales and earnings climbed, but the company issued a muted outlook.

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Cummins raised its dividend despite the decline in earnings in the latest quarter. Lattice Semiconductor reported sharply lower net income and maintained a cautious outlook. Air Lease posted strong quarterly results.

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