Breaking News
Jul 11, 2025
-
PriceSmart Inc. increased by 0.7% to $107.70 after the warehouse club operator reported an 8% rise in its earnings in the fiscal third quarter ending in June.
Consolidated revenue in the June quarter inched higher to $1.3 billion from $1.2 billion, net income increased to $35.1 million from $32.5 million, and diluted earnings per share rose to $1.14 from $1.08 a year ago.
For the nine-month period, revenue advanced to $3.8 billion from $3.6 billion, net income soared to $166.3 million from $109.8 million, and diluted earnings per share edged higher to $3.80 from $3.62 a year ago. -
WD-40 Co. declined 2.1% to $224.90, and the maintenance products maker reported a 5% rise in its earnings in the fiscal third quarter ending in June.
Consolidated revenue in the quarter increased to $156.9 million from $155 million, net income inched higher to $21 million from $19.8 million, and diluted earnings per share rose to $1.54 from $1.46 a year ago.
For the six-month period, revenue edged higher to $456.5 billion from $434.6 billion, net income soared to $69.8 million from $52.9 million, and diluted earnings per share advanced to $5.13 from $3.88 a year ago.
The company guided full-year net sales growth to narrow to between 6% and 9%, or $600 million and $620 million, after adjusting for estimated translation impacts of foreign currency.
Gross margin for the full year continues to be expected to be between 55% and 56%.
The company estimated the income tax rate to be around 22.5%.
The diluted earnings per share estimate was revised higher to between $5.30 and $5.60 based on an estimated 13.5 million weighted average shares outstanding.
This new range reflects anticipated growth of between 12% and 18% compared to 2024.
The company’s board of directors declared a regular quarterly dividend of $0.94 per share payable on July 31 to stockholders of record on July 18. -
Levi Strauss & Co. increased 1.7% to $19.73 after the apparel and jeans company reported nearly a four-fold increase in quarterly earnings.
Consolidated revenue in the June quarter increased to $1.4 billion from $1.3 billion, net income jumped to $67 million from $18 million, and diluted earnings per share rose to 17 cents from 4 cents a year ago.
For the six-month period, revenue edged higher to $3 billion from $2.8 billion, net income soared to $202 million from $7.3 million, and diluted earnings per share advanced to 51 cents from 2 cents a year ago.
Geographically, in the Americas, net revenues increased 5% on a reported basis and 9% on an organic basis.
Organic revenue in the U.S. grew 7%, and the Levi’s® brand sales were up 9% globally.
The company's annual revenue guidance is based on the U.S. tariff rate of 30% on imports from China and 10% for the rest of the world for the remainder of the year and excludes the discontinued operations of Dockers.
The company revised higher annual revenue growth to between 1% and 2%, up from the previous estimate of a decline between 1% and 2%.
The organic net revenue growth range was raised to an increase between 4.5% and 5.5%, up from the previous range between 3.5% and 4.5%.
Gross margin expansion was revised to 80 basis points, lower than the previous estimate of up to 100 basis points, due to a 20-basis-point impact from tariffs, including cost control measures.
The company revised its adjusted diluted earnings per share higher by 5 cents to between $1.25 and $1.30, up from the previously estimated range between $1.20 and $1.25.
The company returned approximately $51 million to shareholders through dividends in the second quarter, an 8% increase from a year ago, representing a dividend of $0.13 per share.
As of June 1, the company had $560 million remaining under its current share repurchase authorization.
The company declared an increase in the dividend to $0.14 per share for the third quarter, totaling approximately $55 million, payable on August 8. -
Delta Air Lines Inc. gained 12.4% to $56.81 after the international air carrier reported a 62% jump in its earnings in the fiscal second quarter ending in June.
Revenue decreased to $16.6 billion from $16.7 billion, net income jumped to $2.1 billion from $1.3 billion, and diluted earnings per share rose to $3.27 from $2.1 a year ago.
For the six-month period, revenue edged higher to $30.7 billion from $30.4 billion, net income soared to $2.4 billion from $1.3 billion, and diluted earnings per share advanced to $3.63 from $2.08 a year ago.
The Delta Air Lines estimated full-year earnings per share to range between $5.25 and $6.25 and free cash flow between $3 billion and $4 billion.
"For the September quarter, we expect total revenue to be flat to up 4% compared to the prior year, with unit revenue trends expected to improve through the second half of the year as we continue to adjust capacity and the industry further rationalizes supply," the company said in a statement to investors. -
Bassett Furniture Industries incorporated gained 7.4% to $18.27 after the furniture maker’s net income swung to a profit in the fiscal second quarter.
Consolidated revenue in the quarter inched higher to $84.3 million from $83.4 million, net income swung to a profit of $1.9 million from a loss of $7.2 million, and diluted income per share swung to a profit of 22 cents from a loss of 82 cents a year ago.
For the six-month period, revenue decreased to $166.5 million from $170 million, net income swung to a profit of $3.7 million from a loss of $8.3 million, and diluted income per share swung to a profit of 43 cents from a loss of 96 cents a year ago. -
Aehr Test Systems advanced 2.4% to $15.17 despite the semiconductor testing equipment maker’s net income swinging to a loss in the fiscal fourth quarter.
Consolidated revenue in the quarter inched down to $14.1 million from $16.6 million, net income swung to a loss of $2.9 million from a profit of $23.9 million, and diluted income per share swung to a loss of 10 cents from a profit of 82 cents a year ago.
For the fiscal year 2025, revenue decreased to $59 million from $66.2 million, after-tax income swung to a loss of $3.9 million from a profit of $33.1 million, and diluted earnings per share swung to a loss 13 cents from a profit of $1.15 a year ago. -
Franklin Covey Co. declined 7.8% to $22.28 after the coaching and consulting company reported weak results for the fiscal third quarter of 2025 ending on May 31.
Revenue dropped to $67.12 million from $73.37 million, net income swung to a loss of $1.41 million from a profit of $5.72 million, and diluted earnings per share swung to a loss of 11 cents from a profit of 43 cents a year ago.
The company purchased approximately 372,000 shares of its own stock for $8.3 million during the quarter, and for the full fiscal year, it has purchased 769,000 shares for a total of $23.0 million.
The consulting organization guided full-year revenue to be between $265 million and $275 million, compared to $287.2 million, and adjusted EBITDA between $28 million and $33 million, compared to $55.27 million in 2024, respectively.
During the third quarter, revenue in the company’s enterprise division totaled $47.3 million, compared to $73.4 million, and in the education segment, sales were down to $18.6 million, compared to $20.2 million in the prior year, respectively. -
UniFirst Corp. eased 0.2% to $190.00 after the provider of uniforms and protective clothing reported results for the fiscal third quarter of 2025 ending on May 31.
Revenue increased to $610.78 million from $603.33 million, net income rose to $39.68 million from $38.06 million, and diluted earnings per share climbed to $2.13 from $2.03 a year ago.
The company repurchased shares worth $13.6 million in the third quarter, and as of May 31, it had $86.4 million remaining under share repurchase authorization.
UniFirst guided full-year revenue to be between $2.422 billion and $2.432 billion, compared to $2.427 billion, and diluted earnings per share between $7.60 and $8.00, compared to $7.77 a year earlier, respectively. -
Constellation Brands Inc. gained 0.6% to $167.51 after the alcohol beverage company reported results for the fiscal first quarter of 2026 ending on May 31.
Sales declined to $2.68 billion from $2.86 billion, net income fell to $516.1 million from $877.0 million, and diluted earnings per share dropped to $2.90 from $4.78 a year ago.
The company said beer sales declined 2% in the quarter, wine sales fell 22%, and spirits sales dropped 63%.
The company guided full-year net sales to be down 2% to up 1%, compared to $10.21 billion a year earlier, with beer sales flat to up 3% and wine and spirits sales down between 20% and 17%. -
TechTarget Inc. plunged 12.3% to $6.89 after the content and research publisher for technology buyers reported weaker-than-expected results for the first quarter of 2025 ending on March 31.
Revenue rose to $103.89 million from $58.66 million but fell 6% on a consolidated basis after the purchase by Informa, and net loss expanded to $544.88 million from a loss of $19.51 million a year ago.
The company said operating loss widened to $508.80 million from a loss of $22.46 million a year earlier.
TechTarget guided a mid-single-digit revenue decline over the first six months of the year on a combined company basis.
The company doubled its cost savings in the first year of merger to $10 million, and reiterated its "overall run rate synergy of $45 million" by the end of the year three.
Jul 10, 2025
Jul 9, 2025
Jul 3, 2025
Jul 2, 2025