Robinhood management said it currently expects to complete the buyback program over a two- to three-year period beginning in the third quarter of 2024.
Cava's first-quarter revenue increased 30.3% year-over-year to $256.3 million, which beat the consensus estimate of $245.935 million, according to Benzinga Pro.
Deckers Outdoor reports HOKA brand net sales increased 34% to $533 million, UGG brand net sales increased 14.9% to $361.3 million, Teva brand net sales decreased 15.6% to $53.0 million and Sanuk brand net sales decreased 39.1% to $6.5 million.
Ross Stores Inc (NASDAQ:ROST) shares are trading higher in Thursday's after-hours session after the company reported strong first-quarter results. The company beat analyst estimates on the top and bottom lines and raised its full-year earnings guidance.
Workday also announced the Defense Intelligence Agency (DIA) selected Workday Government Cloud to accelerate its human resources modernization efforts, marking Workday's formal entry into the U.S. Intelligence Community and its growth in the U.S. Federal Government market.
Intuit's third-quarter revenue increased 12% year-over-year to $6.737 billion, beating the consensus estimate of $6.647 billion. The financial technology platform company reported adjusted earnings of $9.88 per share, beating analyst estimates of $9.37 per share, according to Benzinga Pro.