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Feb 10, 2025
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McDonald’s Corp. surged 2.8% to $302.46 despite the fast food chain reporting a 1.4% drop in comparable store sales in the U.S. during the fourth quarter ending in December.
Revenue declined to $6.39 billion from $6.41 billion, net income dropped to $2.02 billion from $2.04 billion a year ago, and earnings per diluted share were flat at $2.80.
The fast food operator said traffic was slightly higher than usual at U.S. locations, but high prices kept consumers spending less.
In the fourth quarter, global comparable sales increased 0.4%, same-store sales at U.S. locations declined 1.4%, and international markets increased 0.1%.
The company’s board proposed a quarterly cash dividend of $1.77 per share, payable on March 17 to holders of record on March 3.
In the first half of 2024, McDonald’s introduced a $5 value meal and extended the bargain offering until December.
However, the company had to go through and settle an FDA investigation into its raw yellow onions, which caused E. coli among customers. -
Rockwell Automation Inc gained 7.7% to $289.11 after the industrial automation company said orders increased by 10% in the first quarter of 2025 ending in December.
Revenue declined to $1.88 billion from $2.05 billion, net income fell to $178 million from $213 million, and earnings per diluted share dropped to $1.61 from $1.86 a year ago.
For fiscal 2025, the company estimated sales of $8.1 billion and earnings per diluted share between $7.65 and $8.85. -
Monday.com Ltd. surged 23.1% to $318.03 after the Tel Aviv, Israel-based cloud platform provider reported a 32% revenue growth in the fourth quarter ending in December.
Revenue increased to $267.98 million from $202.57 million, net income jumped to $23.0 million from $12.34 million, and earnings per diluted share rose to 43 cents from 24 cents a year ago.
During the quarter, WCM Investment Management LLC lessened its holdings in Monday.com by 3.1%, and Entropy Technologies LP increased its stake by 521.0%.
Hedge funds and other institutional investors own 73.70% of the company's stock. -
ON Semiconductor Corp. eased 0.7% to $50.91 after the Scottsdale, Arizona-based company reported weaker-than-expected fourth quarter 2023 results.
Revenue declined to $2.02 billion from $2.10 billion, net income dropped to $563.4 million from $604.3 million, and earnings per diluted share fell to $1.28 from $1.35 a year ago.
For the first quarter of fiscal 2024, the company estimated revenue between $1.8 billion and $1.9 billion and earnings per share between 94 cents and $1.06.
Last year, the company’s board approved a share repurchase program with authorization to repurchase up to $3 billion worth of shares through December 31.
Feb 7, 2025
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Amazon.com Inc. dropped 2.9% to $231.98 after the company posted fourth-quarter sales, and sales growth outlook disappointed some investors.
Net sales increased to $187.79 billion from $169.96 billion, net income surged to $20.0 billion from $10.6 billion, and earnings per diluted share rose to $1.86 from $1.00 a year ago.
For the first quarter of 2025, the company estimated net sales growth of 5% to 9% to a range of $151.0 billion to $155.5 billion.
Operating income is expected to be between $14.0 billion and $18.0 billion, compared to $15.3 billion in the first quarter last year.
Amazon said it plans to boost capital expenditures to $100 billion in 2025, compared to $83 billion last year, as it continues to make investments in artificial intelligence.
The company faces increased competition from rivals, including OpenAI and Google. -
Verisign Inc. dropped 0.08% to $220 after the provider of internet infrastructure and domain name registry services reported a 3.9% sales growth in the fourth quarter, but profit declined.
Revenue jumped to $395.4 million from $380.4 million, net income declined to $191.5 million from $265.1 million, and earnings per diluted share fell to $2.0 from $2.60 a year ago.
Verisign ended the fourth quarter with 169.0 million .com and .net domain name registrations in the domain name base, a 2.1% decrease from a year ago.
In the fourth quarter, the company processed 9.5 million new domain name registrations for .com and .net, as compared to 9.0 million for the same period in 2023.
Verisign repurchased 6.6 million shares of its common stock for $1.21 billion during the full year of 2024.
As of December 31, there was $1.02 billion remaining for future share repurchases under the company’s program, which has no expiration date. -
Expedia Inc. surged 10.6% to $190.80 after the travel technology company reported a 13% increase in gross bookings during the fourth quarter ending in December.
Revenue increased 10% to $3.18 billion from $2.89 billion, net income climbed 124% to $299 million from $132 million, and earnings per diluted share jumped 139% to $2.20 from 92 cents a year ago.
The company proposed a first quarter dividend of 40 cents per share, payable on March 27 to holders of record on March 6.
Expedia expects 2025 gross bookings and revenue growth of 4% to 6%.
Travel demand has remained steady in Asia Pacific, aided by the lifting of some visa restrictions in the region, as well as in Europe.
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Hilton Worldwide Holdings Inc. gained 0.04% to $270.50 after the hotel operator reported fourth quarter and record full-year results.
Quarterly revenue increased to $642 million from $601 million, net income surged to $505 million from $150 million, and earnings per diluted share rose to $2.06 from 57 cents a year ago.
Hilton repurchased 3.1 million shares of its common stock during the fourth quarter, bringing the total capital return, including dividends, to $781 million for the quarter and $3.0 billion for the full year.
For the first quarter of 2025, the company expects a 2.5% to 3.5% growth in revenue per available room, compared to the same period last year.
Hilton also estimated net income of $373 million to $388 million and earnings per share between $1.52 and $1.58 in the first quarter.
For the year 2025, the company expects net unit growth of 6% to 7%.
The company projects a full-year capital return of approximately $3.3 billion.
Feb 6, 2025
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Cognizant Technology Solutions Corp dropped 1.9% to $82.01 after the IT consulting and outsourcing company reported lower-than-expected profit in the fourth quarter ending in December.
Revenue increased to $5.08 billion from $4.76 billion, net income declined to $546 million from $558 million, and earnings per diluted share fell to $1.10 from $1.11 a year ago.
Order bookings in the fourth quarter increased 11% from a year ago.
The company’s health sciences segment surged 10.4% to $1.54 billion, products and resources was up 11.3% to $1.29 billion, financial services jumped 2.8% to $1.43 billion, and communications, media, and technology was up 0.4% to $811 million.
Sales in North America jumped 3.1%, while U.K. sales were down 5.1%.
For the current quarter, the company estimated revenue growth of 6.5% to 8% in the range of $5.0 billion to $5.1 billion in constant currency.
Full-year 2025 revenue is expected to increase by 3.5% to 6% from $20.3 billion to $20.8 billion, and earnings per share are expected to be between $4.90 and $5.06.
Cognizant repurchased 1.8 million shares for $140 million during the fourth quarter, and as of December 31, there was $1.2 billion remaining under its share repurchase authorization.
The company proposed a quarterly cash dividend increase of 3% to 31 cents per share, payable on February 26 to shareholders of record on February 18. -
Toyota Motors Corp. gained 4.1% to $195.35 after the passenger car manufacturer posted improved sales for the nine-month period from April to December 2024, driven by higher demand for its hybrid electric vehicles.
Revenue in the period increased to ¥35.67 trillion from ¥34.02 trillion, and net income jumped to ¥4.1 trillion from ¥3.95 trillion a year ago.
Sales in Japan and North America decreased, but in Europe and Asia, they increased.
For the fiscal year ending on March 31, Toyota estimated revenues of ¥47 trillion, compared to its previous forecast of ¥46 trillion.
Net income is seen at ¥4.52 trillion, compared to the company’s previous forecast of ¥3.57 trillion.
Toyota estimated vehicle sales in 2025 to decline to 10.85 million from 11.09 million units last year.
The company proposed to repurchase up to 530 million shares for a maximum of ¥1.2 trillion from May 9, 2024 until April 30, 2025. -
Yum! Brands Inc. gained 2.3% to $134.25 after the fast food chain reported rising Taco Bell, KFC, and Pizza Hut sales in the fourth quarter ending in December, but earnings declined.
Revenue surged 16% to $2.36 billion from $2.04 billion, net income fell 9% to $423 million from $463 million, and earnings per diluted share dropped 8% to $1.49 from $1.62 a year ago.
Same-store sales worldwide rose 1% in the fourth quarter ending in December, led by Taco Bell sales with a 5% increase, while Pizza Hut same-store sales declined 1%, and KFC remained flat.
The company swung to an operating profit of $2 million in the Habit Burger & Grill division, compared to a loss of $10 million a year ago.
Yum! The brand's board approved a 6% increase in the quarterly cash dividend to 71 cents from 67 cents per share, payable on March 7 to shareholders of record on February 21. -
Costco Wholesale Corp. gained 2.1% to $1,042.9 after the wholesale retailer reported strong January 2025 sales.
Net sales increased 9.2% to $19.51 billion from $17.87 billion a year ago.
Comparable sales in January jumped 7.5%, and e-commerce sales climbed 13.6% from a year earlier.
Excluding the changes in gasoline prices and foreign exchange, comparable sales increased 9.8%, and e-commerce sales jumped 15.2% year-over-year.
Feb 5, 2025
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The Walt Disney Co. gained 1.1% to $114.54 after the media and entertainment company reported higher earnings for the first quarter of 2025 ending in December.
Revenue increased 5% to $24.7 billion from $23.5 billion, net income jumped to $2.64 billion from $2.15 billion, and earnings per diluted share rose 35% to $1.40 from $1.04 a year ago.
Looking ahead to the second quarter, the company estimated a modest decline in Disney+ subscribers compared to the first quarter.
For the full year 2025, Disney’s India business will contribute $73 million, compared to $254 million in the prior year, and the sports segment will add $9 million, compared to a loss of $636 million a year ago. -
Uber Technologies Inc. slumped 7% to $64.80 after the ride-sharing app and delivery platform operator's revenues were ahead of market expectations, but the company offered a conservative estimate of gross bookings in the first quarter.
Revenue increased to $11.96 billion from $9.94 billion, net income climbed to $6.9 billion from $1.7 billion, and earnings per diluted share rose to $3.21 from 66 cents a year ago.
For the first quarter of 2025, the company estimated growth in gross bookings of 17% to 21% on a constant currency basis and adjusted EBITDA of $1.79 billion to $1.89 billion, or 30% to 37% higher than $1.5 billion year-over-year.
Gross bookings in the fourth quarter were $44.2 billion, and the company guided bookings in the first quarter to range between $42 billion and $43.5 billion.
Uber plans to repurchase $1.5 billion worth of shares of its common stock as part of its previously announced $7.0 billion share repurchase authorization. -
Advanced Micro Devices Inc. dropped 8.6% to $109.32 after the graphics and chip designer reported declining earnings in the fourth quarter.
Revenue surged 24% to $7.66 billion from $6.17 billion, net income slumped 28% to $482 million from $667 million, and earnings per diluted share fell to 29 cents from 41 cents a year ago.
The data center revenue in the quarter was up 69% to $3.9 billion, gaming revenue dropped 59% to $563 million, and embedded segment revenue slumped 13% to $923 million year-over-year.
For the first quarter of 2025, AMD estimated revenue of approximately $7.1 billion, up 30% from a year ago, and a non-GAAP gross margin at 54%. -
Chipotle Mexican Grill Inc. dropped 5.5% to $55.78 after the fast food chain's same-store sales in fiscal 2025 are likely to slow to a low- to mid-single-digit increase.
Revenue increased to $2.85 billion from $2.52 billion, net income jumped to $331.8 million from $282.1 million, and earnings per diluted share rose to 24 cents from 20 cents a year ago.
The company opened 119 restaurants during the quarter, compared to 121 restaurants a year earlier.
The company proposed to purchase up to $300 million worth of its shares. -
Simon Property Group Inc. eased 0.03% to $173.30 after the real estate investment company beat fourth-quarter estimates for funds from operations.
Revenue increased to $1.58 billion from $1.53 billion, net income declined to $667.2 million from $747.5 million, and earnings per diluted share fell to $2.04 from $2.29 a year ago.
Funds from operations for the quarter rose to $1.389 billion from $1.382 billion, and FFO earnings per share dropped to $3.68 from $3.69 in the prior year.
Real estate funds from operations climbed to $1.26 billion from $1.21 billion, and real estate FFO per share increased to $3.35 from $3.23 a year earlier.
Looking ahead to the full year 2025, the company estimated net income between $6.95 and $7.20 per share, and real estate FFO and FFO in the range of $12.40 to $12.65 per share. -
Alphabet Inc. plunged 7.3% to $192.60 after the parent company of Google and YouTube reported weaker-than-expected revenue in its cloud computing division as it escalates investment in artificial intelligence.
Revenue increased 12% to $96.45 billion from $86.31 billion, net income climbed 28% to $26.54 billion from $20.69 billion, and earnings per diluted share rose 31% to $2.15 from $1.64 a year ago.
Dividend payments to stockholders of Class A, Class B, and Class C shares totaled $2.4 billion for the quarter.
The company is planning to spend $75 billion this year as it continues to build out its artificial intelligence offering.
On Tuesday, China said it would probe Google over violations of antimonopoly laws after Washington slapped 10% levies on Chinese goods.
Although Google services are not accessible in China, the company still operates in the country, primarily focused on sales and engineering for its advertising business. It also has employees working on services including Google Cloud and customer solutions.
Virtually all brands, apart from Apple and Huawei, pay licensing fees to Google to use the Android system on their devices.
Feb 4, 2025
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PayPal Holdings Inc. dropped 4.1% to $83.83 after the online payments company posted lower net income for the fourth quarter ending in December.
Revenue increased to $8.37 billion from $8.03 billion, net income declined to $1.12 billion from $1.40 billion, and earnings per diluted share fell to $1.11 from $1.29 a year ago.
For fiscal first quarter 2025, the company estimated GAAP earnings per share between $1.11 and $1.13, compared to 83 cents a year earlier.
PayPal announced a new $15 billion share buyback program and expects to make around $6 billion in repurchases in 2025.
During the fourth quarter, volume on the company’s Venmo app jumped 10% from a year earlier, as DoorDash, Starbucks, and Ticketmaster are among the businesses now accepting the app as one way that consumers can pay. -
Estee Lauder Companies Inc. dropped 7% to $77 after the beauty products maker posted lower sales for the second quarter of fiscal year 2025.
Net sales decreased 6% to $4.0 billion from $4.28 billion, net loss came in at $590 million compared to a profit of $313 million, and diluted net loss per share was $1.64 compared to positive earnings of 87 cents a year ago.
Capital expenditures decreased to $273 million from $527 million in the prior-year period, primarily thanks to the prior-year payments relating to the manufacturing facility in Japan.
The company paid dividends of $366 million in the last quarter.
Furthermore, Estee Lauder announced a quarterly cash dividend of 35 cents per share on its class A and class B common stock, payable on March 17 to shareholders on record as of February 28.
For fiscal third quarter 2025, the company estimated non-GAAP earnings per share between 24 cents and 34 cents in constant currency, compared to 97 cents a year ago.
During the second quarter, Estee Lauder launched its products on the U.K. TikTok shop and in Amazon’s U.S. Premium Beauty store.
The company expanded geographically in Thailand, with an expected February expansion in mainland China as well.
In December, Estee Lauder opened a new BioTech Hub in Belgium to further accelerate its biotechnology innovations.
Overall, fragrance distribution expanded with over 20 new stores opened globally during the quarter. -
Rambus Inc. dropped 1% to $59.75 despite the digital electronics devices maker surpassing fourth quarter revenue and earnings expectations.
Revenue jumped to $161.1 million from $122.2 million, net income increased to $62.2 million from $58.5 million, and earnings per diluted share rose to 58 cents from 53 cents a year ago.
For the first quarter of 2025, the company estimated product revenue between $72 million and $78 million, licensing billing revenue between $59 million and $65 million, and contract and other revenue between $22 million and $28 million.
Feb 3, 2025
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PulteGroup Inc. dropped 4% to $113.78 despite the home builder reporting strong results for its fourth quarter ending in December.
Revenue jumped to $4.92 billion from $4.29 billion, net income surged to $913.23 million from $710.99 million, and earnings per diluted share rose to $4.43 from $3.28 a year ago.
Both the home and land divisions as well as the financial services segment marked steadily increasing sales, but home sales in Florida and Texas declined.
The company’s board raised the dividend by 10% and approved a $1.5 billion increase of stock repurchases, bringing the remaining authorization to $2.1 billion. -
Chevron Corp dropped 4.6% to $149.19 after the energy company reported a decline in downstream operations in the fourth quarter ending in December.
Revenue climbed to $52.23 billion from $47.18 billion, net income jumped to $3.26 billion from $2.26 billion, and earnings per diluted share rose to $1.84 from $1.22 a year ago.
In the United States, upstream sales improved to $1.42 billion compared to a loss of $1.35 billion, and international sales declined to $2.88 billion from $2.93 billion a year ago.
Sales from downstream operations in the United States swung to a negative of $348 million from a positive of $470 million, and downstream international sales dropped to $100 million from $677 million a year ago.
Overall upstream operations brought in $4.30 billion from $1.59 billion, while downstream remained in the red at a negative $817 million from a negative $474 million a year earlier. -
Deckers Outdoor Corp plunged 20.5% to $177.36 despite the parent company of Hoka and Ugg reporting better-than-expected results for its third quarter of fiscal year 2025.
Revenue increased 17% to $1.83 billion from $1.56 billion, net income climbed to $456.7 million from $389.9 million, and earnings per diluted share rose 19% to $3.0 from $2.52 a year ago.
For fiscal year 2025, the company estimated net sales to increase 15% to $4.9 billion and earnings per diluted share in the range of $5.75 to $5.80.
Deckers Outdoor repurchased common stock for a total of $44.7 million in the third quarter at $162.85 per share, and as of December 31, 2024, the company had $640.7 million remaining under its stock repurchase authorization. -
MasterCard Inc. dropped 1.9% to $555.43 despite the payments company reporting strong revenues for its fourth quarter ending in December, driven by strength in holiday sales.
Revenue advanced 16% to $7.5 billion from $6.5 billion, net income surged 22% to $3.3 billion from $2.8 billion, and earnings per diluted share rose 25% to $3.64 from $2.97 a year ago.
Pre-tax charges of $280 million were associated with a U.K. consumer class action settlement and legal provisions with a number of U.K. merchants.
The company repurchased 6.5 million shares at a cost of $3.4 billion and paid $606 million in dividends.
Quarter-to-date through January 27, MasterCard repurchased 1.2 million shares at a cost of $644 million, which leaves $14.5 billion remaining under the approved share repurchase programs.