Why Is Footwear Company Caleres Stock Falling After Q1 Results?
Caleres shares dip post-Q1 results, missing earnings and revenue expectations, despite strategic inventory management and slight segment growth.
Maxeon Solar Technologies Loses 50% Value In One Session After Q1 Earnings – Here’s Why
Maxeon Solar Technologies (NASDAQ: MAXN) reported Q1 revenue of $187.46M, missing estimates. EPS loss of $(1.59) also missed. Quarterly shipments declined 37%. Maxeon projects lower Q2 and FY24 revenue and significant investment from shareholder.
Restaurant Chain Cracker Barrel Posts Mixed Q3 Earnings Due To Lower Traffic: Details
Cracker Barrel Old Country Store reported a 1.9% decline in third-quarter FY24 sales to $817.135 million, missing the $820.614 million estimate. Comparable store retail sales fell 3.8%, with restaurant sales down 1.5%. Despite this, adjusted EPS of $0.88 exceeded the $0.66 estimate. The company revised its FY24 sales outlook to $3.47 billion - $3.51 billion.
Why Is Cloud Computing Company Nutanix’s Stock Diving Thursday?
Nutanix reported Q3 FY24 results with revenue up 17%, ACV billings up 20%, ARR up 24%, and adjusted EPS exceeding expectations. Nutanix sees Q4 revenue below consensus and also tightened its FY24 revenue forecast.
Ulta Beauty Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Ulta Beauty, Inc. (NASDAQ:ULTA) is set to release first-quarter financial results, after the closing bell on Thursday. Analysts…
Grown Rogue Reports Record Q1 Revenue, CEO Calls These Two States ‘Primary Growth Drivers’
Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) reported on Thursday its first-quarter 2024 results for the three months ended March 31, 2024.The Medford, Oregon-based company reported record quarterly revenue of $6.7 million, compared to $6 million in the three months ended April 30, 2023, representing a year-over-year increase of 11%."This was another exciting quarter with record revenue and aEBITDA despite the year-ago comparison period including April instead of January; April is seasonally a stronger month for the industry," Obie Strickler, CEO of Grown Rogue, said. "In addition, we achieved record indoor revenue in Michigan and Oregon during the quarter and are thrilled that an increasing number of customers in competitive markets are choosing our products which means we are continuing to bring them value."
Dow Tumbles Over 300 Points; Dollar General Earnings Top Views
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 300 points on Thursday.…
SLANG Worldwide Q1 Revenue Drops 35% YoY, Touts E-Commerce Segment Improvement Thanks To CBD Gummy Brand
Cannabis consumer packaged goods company, SLANG Worldwide Inc.(CSE:SLNG) (OTCQB:SLGWF) released its financial results Thursday for the first quarter…
Burlington’s Bold Beat: Q1 Earnings Outshine Amid Market Uncertainties
Burlington Stores reports strong Q1 fiscal 2024 results, exceeding revenue and EPS expectations.
Salesforce Stock Is Tumbling Thursday: What’s Going On?
Salesforce reported its first top-line miss in more than a decade late Wednesday, according to Benzinga Pro. Despite missing estimates, first-quarter revenue was up 11% on a year-over-year basis. Multiple analysts also lowered price targets on the stock following the print.