Breaking News
Sep 19, 2025
-
FactSet Research Systems Inc. inched up 0.2% to $301.75 after the investment data and information solutions provider reported strong results in the fiscal fourth quarter ended August 31.
Consolidated revenue edged higher 6.2% to $596.9 million from $562.2 million, net income jumped 71.6% to $153.6 million from $89.5 million, and diluted earnings per share advanced 73.7% to $4.03 from $2.32 a year ago.
FactSet guided full-year revenue to be between $2.305 billion and $2.325 billion, and diluted earnings per share between $14.80 and $15.40.
The company's board declared a quarterly dividend of $1.10 per share, which was paid on September 18 to shareholders of record as of August 29.
During the fiscal fourth quarter, FactSet repurchased 259,721 shares for $106.6 million at an average price of $410.51 under its prior repurchase program.
As of September 1, $400 million remained available for repurchases under the new authorization approved by the company's Board on June 17. -
Lennar Corp. fell 3.2% to $128.62 after the home builder reported results for the fiscal third quarter of 2025 ending on August 31.
Consolidated revenue decreased to $8.8 billion from $9.4 billion, net income declined to $591 million from $1.16 billion, and diluted earnings per share fell to $2.29 from $4.26 a year ago.
During the third quarter, Lennar returned a total of $507 million to shareholders through share repurchases of 4.1 million shares of common stock at an average share price of $122.97.
As previously announced on February 10, Lennar Corporation completed its acquisition of Rausch Coleman Homes.
For the fourth quarter, Lennar expects to secure between 20,000 and 21,000 new orders and deliver between 22,000 and 23,000 new homes.
The average sales price is projected to range from $380,000 to $390,000.
The gross margin percentage on home sales is expected to be approximately 17.5%, consistent with the third quarter, and SG&A as a percentage of home sales is anticipated to be between 7.8% and 8.0%.
Additionally, operating earnings from financial services are forecasted to be between $130 million and $135 million.
“Our third quarter results reflect both the continued pressures of today's housing market and the consistency of Lennar's operating strategy.
This quarter, we delivered 21,584 homes and recorded 23,004 new orders.
Achieving these results required additional incentives, resulting in a reduced average sales price of $383,000, and our gross margin drifted down to 17.5%, while our SG&A expenses came in at 8.2%, reflecting the soft market conditions." said Stuart Miller, Executive Chairman and Co-Chief Executive Officer of Lennar. -
FedEx Corp. gained 5.5% to $238.91 after the parcel delivery company reported results for the fiscal first quarter ending on August 31.
Consolidated revenue increased to $22.2 billion from $21.6 billion, net income advanced to $820 million from $790 million, and diluted earnings per share rose to $3.46 from $3.21 a year ago.
FedEx completed $500 million in share repurchases through open market transactions during the quarter and repurchased 2.2 million shares, contributing a $0.02 benefit per diluted share to first-quarter results.
FedEx guided fiscal year revenue to increase between 4% and 6%, diluted earnings per share between $14.20 and $16.00 before the retirement plan adjustments, and $17.20 to $19.00 after excluding business optimization, the FedEx Freight spin-off, and fiscal year-end changes.
The effective tax rate (ETR) is projected at 25%, and pension contributions are revised to up to $400 million, down from the previous forecast of $600 million.
FedEx reaffirmed $1 billion in permanent cost reductions from transformation and $4.5 billion in capital spending focused on network optimization, fleet, and automation in fiscal 2026. -
Scholastic Corp. plunged 12% to $23.39 after the education publishing company reported an increase in net loss for the first quarter ended August 31.
Consolidated revenue declined to $225.6 million from $237.2 million, net loss widened to $71.1 million from $62.5 million, and diluted loss per share increased to $2.83 from $2.21 a year ago.
The company paid $5.2 million in dividends and plans to continue share repurchases as market conditions allow, with $70.0 million remaining under its current board-approved repurchase authorization.
Net debt rose to $242.8 million from $152.1 million in the prior year, primarily due to working capital needs, dividends, and share repurchases. -
Darden Restaurants dropped 7% to $194.30 after the parent company of Olive Garden reported mixed results for the fiscal first quarter ending on August 24.
Same-store sales in the quarter increased 4.7%, driven by a 5.9% rise at Olive Garden, 5.5% at LongHorn Steakhouse, and a 0.2% decline in its fine dining segment.
Total sales increased 10% to $3.0 billion from $2.8 billion, net income advanced $257.8 million from $207.2 million, and diluted earnings per share increased to $2.19 from $1.74 a year ago.
The company guided fiscal 2026 sales to increase between 7.5% and 8.5%, including 2% growth related to the 53rd week, and same-store sales to increase between 2.5% and 3.5%. -
Cracker Barrel Old Country Store, Inc., dropped 9.3% to $44.99 after the restaurant and retail chain reported a 62% drop in quarterly profit in the fourth quarter ending on August 1, 2025.
Consolidated revenue decreased to $868 million from $894 million, net income dropped to $6.8 million from $18.1 million, and diluted earnings per share fell to 30 cents from 81 cents a year ago.
The company's board declared a quarterly dividend of $0.25 per share, payable on November 12 to shareholders on record on October 17.
The company also announced a new $100 million share repurchase program.
Cracker Barrel guided full-year revenue to be between $3.35 billion and $3.45 billion, which assumes a comparable store traffic decline of 4% to 7%.
The company estimated adjusted operating income between $150 million and $190 million and anticipated commodity inflation of 2.5% to 3.5% and hourly wage inflation of 3.0% to 4.0%.
The restaurant company projected capital spending to range between $135 million and $150 million, primarily for maintenance, with no planned spending on new remodels.
The company also plans to open 2 new Cracker Barrel locations and close 14 Maple Street units.
-
Hain Celestial Group, Inc., fell 1.9% to $1.59 after the health and wellness consumer goods company reported more than a ninety-fold jump in net loss in the fourth quarter ended on June 30.
The company is in the middle of streamlining its portfolio of organic personal care products and natural foods, and the latest quarterly results were hit by a one-time charge related to "goodwill and certain intangible assets, as well as assets held for sale."
Consolidated revenue inched lower to $363.3 million from $418.8 million, net loss expanded to $272.6 million from $2.9 million, and diluted losses per share advanced to $3.06 from $0.03 a year ago.
Adjusted EBITDA fell to $114 million from $155 million, while free cash flow turned negative to $3 million compared to $83 million in the prior year.
The company recorded pre-tax impairment charges of $496 million, primarily related to goodwill and intangible assets. Net debt decreased to $650 million from $690 million.
"We are taking decisive action to optimize cash, deleverage our balance sheet, stabilize sales, and improve profitability as we recognize our performance has not met expectations,” said Alison Lewis, Interim President and CEO. -
Dave & Buster’s Entertainment Inc. dropped 17.3% to $20 after the entertainment and dining company reported a 72% drop in profit in the fiscal second quarter ending on August 5.
Consolidated revenue inched up to $557.4 million from $557.1 million, net income plunged to $11.4 million from $40.3 million, and diluted earnings per share fell to 32 cents from 99 cents a year ago.
Comparable store sales decreased 3.0%.
During the second quarter, the company opened three new Dave & Buster's stores.
The company’s same-store sales quarter-to-date trends in the fiscal third quarter are consistent with where they were exiting the second quarter.
The company plans to open at least five additional international franchise stores in the next six months.
CEO Tarun Lal emphasized a renewed focus on guest experience, innovation, and long-term sales and cash flow growth. -
Designer Brands Inc. dropped 7.5% to $4.19 after the footwear manufacturer and retailer reported a 22% decline in net income in the fiscal second quarter ending on August 2.
Consolidated revenue decreased to $739.8 million from $771.9 million, net income declined to $10.8 million from $13.8 million, diluted earnings per share fell to 22 cents from 24 cents, and comparable sales decreased by 5.0% from a year ago.
Due to global trade-related uncertainty, the company did not reinstate its full-year 2025 guidance. -
RH fell 5% to $207.99 after the home furnishing retailer reported a weaker-than-expected sales in the fiscal second quarter ending on August 2.
Consolidated revenue decreased to $899.2 million from $929 million, net income jumped to $51.7 million from $29 million, and diluted earnings per share rose to $2.62 from $1.45 a year ago.
The company guided full-year revenue to increase between 9% and 11%, adjusted operating margin to rise between 13% and 14%, adjusted EBITDA margin to be between 19% and 20%, and free cash flow to be between $250 million and $300 million.
The company guided third-quarter revenue to increase between 8% and 10%, adjusted operating margin to rise between 12% and 34%, and adjusted EBITDA margin to be between 18% and 19%.
The outlook reflects a 270-bps operating margin impact from international expansion and 120 bps from tariffs, net of mitigations.
During the second quarter, RH Corp returned a total of $2.2 billion to shareholders through share repurchases.
Sep 18, 2025
Sep 16, 2025
Sep 12, 2025