Breaking News
Feb 24, 2023
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MercadoLibre Inc said revenue in the fourth quarter increased to $3.0 billion from $2.1 billion a year ago. The company swung to a profit of $165 million from a loss of $46 million and diluted earnings per share was $3.25 compared to a loss of 92 cents in the previous year.
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The PCE price index and core index excluding food and energy accelerated to 0.6% in January compared to 0.2% and 0.4% increases in December. On an annual basis the PCE index and core index accelerated to 5.2% and 4.7% from 5.3% and 4.6% respectively.
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Carvana said operating revenue in the fourth quarter plunged to $2.8 billion from $3.7 billion in the previous year. Net loss in the period surged to $809 million from $89 million or diluted loss per share rose to $7.61 from $1.02 a year ago.
In 2022, operating revenue increased to $13.6 billion from $12.8 billion and net loss surged to $1.6 billion from $135 million or diluted loss per share increased to $15.74 from $1.63 in the previous year. -
Mister Car Wash said revenue in the fourth quarter increased 12% to $214.3 million and comparable sales increase slowed to 4.0% from 14.6% a year ago. Net income plunged to $17.7 million from $37.2 million and diluted earnings per share dropped to 5 cents from 11 cents a year ago.
In 2022, revenue increased 15.6% to $876.5 million and the company swung to a net income of $112.9 million from a loss of $22 million and diluted EPS was 34 cents from a loss of 8 cents in the previous year. -
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. -
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.
Feb 23, 2023