Breaking News
Feb 24, 2023
  • Planet Fitness said revenue in the fourth quarter increased 53.2% to $281.3 million and net income increased to $33.6 million from $5.7 million and diluted earnings per share rose to 40 cents from 7 cents a year ago. 

    In 2022, total revenue increased to $936.7million from $587 million and net income rose to $110.4 million from $46.1 million and diluted earnings per share increased to $1.18 from 51 cents a year ago. 
    • Morningstar, Inc said revenue in the fourth quarter increased 2.8% to $475 million and net income plunged 94% to $3.3 million from $56.5 million and diluted earnings per share dropped to 8 cents from $1.30 a year ago. 

      In 2022, revenue increased 10.1% to $1.87 billion and net income dropped 63.5% to $70.5 million from $193.3 million and diluted earnings per share declined to $1.64 from $4.45 in the previous year. 
      • Wayfair said revenue in the fourth quarter decreased 4.6% to $3.1 billion and net loss expanded to $351 million from $202 million and diluted loss per share rose to $3.26 from $1.92 a year ago. 

        In 2022, total revenue decreased to $12..2 billion from $13.7 billion and net loss increased to $1.3 billion from $131 million or diluted loss per share expanded to $12.54 from $1.26 in the previous year. 

        Active customers in 2022 declined to 22 million from 27 million in 2021 and average order size increased to $305 from $265 respectively.  
      • Feb 23, 2023
        • Dollar General lowered its same store sales increase estimate for the fiscal year ending on February 3 to 4.3% from the previous estimate towards the upper end of the range between 4.0% and 4.5%. 

          The discount retailer lowered its diluted earnings per share growth in the range of approximately 4.5% to 5.0%, compared to its previous estimate between 7% and 8%.
          • Domino's Pizza said fourth quarter revenue increased 3.6% to $1.39 billion and same store sales at the U.S. company owned and franchised stores increased 0.9% and international stores rose 2.6%. 

            Net income in the fourth quarter increased to $158.3 million from $155.7 million and diluted earnings per share rose to $4.43 from $4.25 a year ago. 
            • Papa John's said revenue in the fourth quarter declined 0.5% to $526 million and comparable sales increased 1% and 26% on a three-year basis. Net income declined 4.4% to $23.5 million from $24.6 million and diluted earnings per share eased to 66 cents from 67 cents a year ago.  

              Revenue in 2022 increased 1.5% to $2.1 billion from $2.06 billion and net income plunged 43% to $67.8 million from $120 million or diluted earnings per share was $1.89 compared to 12 cents a year ago. 
              • eBay said revenue in the fourth quarter decreased 4% to $2.5 billion and gross merchandise volume declined 12% to $18.2 billion. Net income in the quarter dropped to $672 million from $1.9 billion and diluted earnings per share fell to $1.23 from $3.25 a year ago. 

                In 2022, revenue declined to $7.1 billion from $7.7 billion and net income swung to a loss of $1.3 billion from a profit of $13.6 billion (including gain from discontinued operations of $13.4 billion).  
                • Nvidia Corporation said revenue in the fourth quarter ending in January decreased 21% to $6.05 billion from $7.6 billion and gross margin declined to 63.3% from 65.4% a year ago. Net income fell 53% to $1.4 billion from $3.0 billion and diluted earnings per share declined to 57 cents from $1.18 in the previous year. 

                  In fiscal year 2023, revenue was flat at $26.9 billion and net income dropped 55% to $4.3 billion from $9.7 billion and diluted earnings per share fell to $1.74 from $3.85 a year ago. 
                  • Real gross domestic product expanded at a slower pace than previously estimated in the fourth quarter. GDP in the fourth quarter rose at annual pace of 2.7%, lower than previously estimated 2.9% pace. In the third quarter, real GDP increased at 3.2%. For the full-year 2022, real GDP growth slowed to 2.1% from 5.9% in 2021.  
                    • Autodesk, Inc said fourth quarter revenue increased 9% to $1.32 billion and total billings increased 28% to $2.1 billion. Net income increased to $293 million from $98 million in the previous year. Diluted earnings per share rose to $1.35 from 40 cents a year ago. 

                      In 2022, total revenue increased to $5.0 billion from $4.4 billion and net income rose to $823 million from $497 million and diluted earnings per share increased to $3.78 from $2.24 in the previous year.