Breaking News
Mar 14, 2025
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Ulta Beauty Inc. surged 6.5% to $335.0 after the cosmetics store retailer reported increased comparable sales in the fourth quarter of 2024.
Net sales dropped 1.9% to $3.49 billion from $3.55 billion, net income edged down to $393.27 million from $394.37 million, and diluted earnings per share rose to $8.46 from $8.08 a year ago.
Comparable sales jumped 1.5% in the quarter and were up 0.7% in the full year.
The company opened nine new stores, remodeled five stores, and closed one store during the quarter.
During the year, the company opened 66 new stores, relocated two stores, remodeled 41 stores, and closed six stores.
Ulta Beauty repurchased 620,053 shares for $249.5 million in the quarter and 2.5 million shares for $1.0 billion during the year.
After the repurchases, the company has $2.7 billion remaining available under the $3.0 billion authorization announced in October 2024.
The cosmetics retailer guided for fiscal 2025 net sales to be between $11.5 billion and $11.6 billion, up from $11.29 billion a year ago, and diluted earnings per share between $22.50 and $22.90, down from $25.34 in 2024.
The company plans to open approximately 60 new stores in 2025. -
DocuSign Inc. surged 11.6% to $83.40 after the e-signature development company reported increased revenue in the fiscal fourth quarter of 2025 ending in January.
Revenue jumped to $776.25 million from $712.39 million, net income surged to $83.49 million from $27.24 million, and diluted earnings per share rose to 39 cents from 13 cents a year ago.
The company completed stock repurchases for $161.7 million in the quarter and $683.5 million in the full year, compared to $145.5 million in 2024.
DocuSign guided for the first quarter revenue to be between $745 million and $749 million, up from $709.6 million in the same period in fiscal 2025.
For the full year, revenue is estimated to be between $3.13 billion and $3.14 billion, up from $2.98 billion a year ago. -
Adobe Inc. dropped 4% to $420.98 after the graphic design software developer reported results for the fiscal first quarter of 2025 ending in February.
Revenue increased to $5.71 billion from $5.18 billion, net income surged to $1.81 billion from $620 million, and diluted earnings per share rose to $4.14 from $1.36 a year ago.
The company repurchased approximately 7.0 million shares during the quarter.
“Adobe is well-positioned to capitalize on the acceleration of the creative economy driven by artificial intelligence, and we are reaffirming our fiscal 2025 financial targets,” said Shantanu Narayen, chair and CEO.
The company guided second quarter revenue to be between $5.77 billion and $5.82 billion, up from $5.31 billion a year ago, and earnings per share between $3.80 and $3.85, up from $3.49 in the same period in 2024.
For the full year, Adobe estimated revenue to be between $23.30 billion and $23.55 billion, up from $21.51 billion in 2024, and GAAP earnings per share between $15.80 and $16.10, compared to $12.36 a year ago. -
American Eagle Outfitters Inc. dropped 5.1% to $10.86 after the specialty apparel retailer reported comparable sales growth in the fiscal fourth quarter of 2024.
Revenue declined to $1.60 billion from $1.68 billion, net income surged to $104.35 million from $6.32 million, and diluted earnings per share jumped to 54 cents from 3 cents a year ago.
Comparable sales advanced 3% in the quarter, with record Aerie comparable growth of 6% and American Eagle comparative growth of 1%.
The company guided for the first quarter of 2025 a revenue decline of “mid-single digits” and operating income to be between $20 million and $25 million, compared to $78 million in the same period last year.
For the full year, the company expects revenue to decline at “low single digits” and operating income to be between $360 million and $375 million, compared to $142 million in 2024.
The apparel retailer repurchased 3.5 million shares for $60 million in the fourth quarter, bringing full-year repurchases to 9.5 million shares for $191 million, and authorized an additional 50 million shares for repurchase.
In addition, the company returned approximately $24 million in cash to shareholders through its quarterly dividend of $0.125 per share, bringing year-to-date cash dividends to $96 million. -
United Natural Foods Inc. gained 1% to $26.09 after the grocery wholesaler reported results for the fiscal second quarter of 2025.
Net sales increased 4.9% to $8.16 billion from $7.77 billion, net loss shrank to $3 million from a loss of $15 million, and adjusted earnings per share rose to 22 cents from 7 cents a year ago.
The company guided raising the full-year outlook for all financial metrics other than capital spending.
Net sales in fiscal 2025 are expected to be between $31.3 billion and $31.7 billion, up 3.6% from $30.98 billion a year ago, adjusted EBITDA between $550 million and $580 million, up from $518 million, and adjusted earnings per share between 70 cents and 90 cents, up from 14 cents in 2024. -
Casey's General Stores Inc. surged 3.2% to $391.0 after the convenience store operator reported results for the fiscal third quarter of 2025.
Revenue increased to $3.90 billion from $3.33 billion, net income jumped to $87.10 million from $86.93 million a year ago, and diluted earnings per share were flat at $2.33.
Inside same-store sales increased 3.7% compared to the prior year and 8.0% on a two-year stack basis, with an inside margin of 40.9%.
Same-store fuel gallons were up 1.8% from a year ago, with a fuel margin of 36.4 cents per gallon.
Same-store operating expenses excluding credit card fees were up 3.2%, favorably impacted by a 2% reduction in same-store labor hours.
For fiscal 2025, the company expects same-store sales to increase between 3% and 5% with the inside margin to be comparable to the prior year.
The company expects to add approximately 270 stores for the year.
Same-store fuel gallons sold is expected to be between negative 1% and positive 1%.
The company expects total operating expenses to increase between 11% and 13% for the fiscal year, including $25 million to $30 million in one-time deal and integration costs related to the Fikes acquisition, while same-store operating expenses excluding credit card fees are expected to only increase 2% for the year.
Casey’s estimated EBITDA is expected to increase 11%, and the purchase of property and equipment is expected to be approximately $500 million.
The company has approximately $295 million remaining under its existing share repurchase authorization.
Casey's proposed a quarterly dividend of 50 cents per share, payable on May 15 to shareholders on record as of May 1. -
DICK'S Sporting Goods dropped 1.2% to $208.50 after the athletic goods retailer reported increased sales in the fiscal fourth quarter of 2024.
Net sales increased to $3.89 billion from $3.88 billion, net income jumped to $300 million from $296 million, and diluted earnings per share edged up to $3.62 from $3.57 a year ago.
For the full year, comparable sales advanced 5.2%, driven by growth in average ticket size and transactions.
The company guided for fiscal 2025 comparable sales to grow between 1% and 3% and diluted earnings per share to be between $13.80 and $14.40, compared to $14.05 in 2024.
Net sales are estimated to be between $13.6 billion and $13.9 billion, up from $13.44 billion in 2024, and net capital expenditure would be approximately $1.0 billion, compared to $726 million in 2024.
DICK’S authorized a new five-year share repurchase program for up to $3 billion.
The sporting products retailer proposed a quarterly cash dividend of $1.2125 per share, up 10% from the previous dividend, and an annualized dividend of $4.85, payable on April 11 to stockholders on record as of March 28 -
Kohl's Inc. plunged 14.5% to $10.30 after the department store chain reported lower sales in the fiscal fourth quarter of 2024.
Net sales declined to $5.17 billion from $5.71 billion, net income slumped to $48 million from $186 million, and diluted earnings per share fell to 43 cents from $1.67 a year ago.
Comparable sales in the quarter decreased 6.7% and declined 6.5% during the full year.
The company guided for fiscal 2025 net sales to drop between 5% and 7%, comparable sales down 4% to 6%, and diluted earnings per share between 10 cents and 60 cents, compared to 98 cents in 2024.
The operating margin is estimated to be between 2.2% and 2.6% and capital expenditures between $400 million and $425 million.
Kohl’s proposed a quarterly cash dividend of 12.5 cents per share, payable on April 2 to shareholders on record as of March 21. -
Ciena Corp. dropped 0.4% to $63.71 after the provider of optical switches and routing systems, services, and automation software reported results for the fiscal first quarter of 2025.
Revenue increased to $1.07 billion from $1.04 billion, net income declined to $44.57 million from $49.55 million, and diluted earnings per share fell to 31 cents from 34 cents a year ago.
The company repurchased approximately 1.0 million shares of common stock for the aggregate price of $79.2 million during the quarter. -
Oracle Corp. dropped 3.3% to $143.90 after the database and cloud applications developer reported results for the fiscal third quarter of 2025.
Revenue increased 6% to $14.13 billion from $13.28 billion, net income surged 22% to $2.94 billion from $2.40 billion, and diluted earnings per share rose to $1.02 from 85 cents a year ago.
Cloud services and license support revenues were up 10% to $11.0 billion, and cloud license and on-premise license revenues were down 10% to $1.1 billion.
"Oracle signed sales contracts for more than $48 billion in the third quarter," said CEO Safra Catz. "We have now signed cloud agreements with several world-leading technology companies, including OpenAI, xAI, Meta, NVIDIA, and AMD.”
The company expects that its $130 billion sales backlog will help drive a 15% increase in the overall revenue in the next fiscal year beginning this June, and the company plans to expand both its AI training and AI inferencing businesses in the near future.
Oracle proposed a quarterly cash dividend of 50 cents per share, up 25% from the current 40 cents per share, payable on April 23 to stockholders on record as of April 10.
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