Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) posted better-than-expected first-quarter earnings on Wednesday. The company reported first-quarter FY24 sales…
J.M. Smucker shares rise as Q4 FY24 earnings report shows a gross profit surge of 15% Y/Y to $913.3 million and an expanded gross profit margin of 41.4%. Despite a 1.3% sales decline to $2.21 billion, adjusted EPS of $2.66 beat estimates.
Victoria's Secret reported Q1 FY24 results with a revenue decline of 3.4% and a 5% decrease in total comparable sales. CEO remains cautiously optimistic for future performance.
Business Outlook
"Looking ahead, we are excited about the prospects for both segments of our business," Woods said. "With our recent acquisition of Portugal-based MTEX NS, we have significantly
NIO Inc. reported Q1 2024 revenue of 9.91 billion yuan, down 7.2% YoY and 42.1% QoQ. Vehicle deliveries and revenue also decreased. Loss per share was $0.33. Q2 delivery guidance is 54,000-56,000 units with expected revenue growth. NIO stock down 33% in 12 months.