Chewy, the online pet food retailer, reported better-than-expected quarterly results, and the company hiked its annual sales outlook range. Daktronics soared after the LED display maker swung to a profit in the latest quarter. Oxford Industries' quarterly results surpassed expectations.
CHWY DAKT OXM
CHWY DAKT OXM
DocuSign reported a sharp decline in net income in the third quarter. Ciena reported more than a three-and-a-half-fold jump in earnings in the latest quarter on the back of demand growth driven by AI and cloud computing. Asana said its quarterly loss narrowed and revenue increased in its latest quarter.
CIEN M DOCU
CIEN M DOCU
Dollar Tree lifted its net sales range outlook for the fiscal year amid higher traffic and a larger ticket size. Salesforce reported strong quarterly results, but the company's revenue outlook in the current quarter missed expectations. GitLab traded down after the CFO resigned and joined Snowflake.
DLTR GTLB CRM
DLTR GTLB CRM
Burlington Stores issued optimistic guidance and reported a sharp jump in earnings. Victoria’s Secret reported nearly flat sales and rising operating expenses, partly driven by a sharp jump in tariffs. Marvell Technology reported a sharp jump in revenue, and net income swung to a profit amid a strong demand for its AI chips.
VSCO BURL MRVL
VSCO BURL MRVL
MongoDB reported strong quarterly sales and forecast a sharp rise in adjusted earnings per share in the current quarter. Okta reported a sharp jump in earnings in the latest quarter. PVH Corp. reaffirmed its outlook for the latest quarter. American Woodmark reported weaker-than-estimated sales and earnings in its latest quarter.
MDB OKTA PVH AMWD
MDB OKTA PVH AMWD
Heico reported revenue and earnings climbed sharply, powered by the aerospace aftermarket in the fiscal third quarter.
HEI
HEI
Walmart said its tariff costs are rising every month, and the retailer is absorbing higher import duties for now. Intuit said net income swung to a profit in the fiscal fourth quarter. Zoom Communications said strength in its enterprise customer segment supported the rise in overall sales and earnings in the fiscal second quarter.
INTU WMT ZM
INTU WMT ZM
TJX reported a surge in profits as consumers searched for bargains amid elevated prices, and the retailer revised higher its operating margin and EPS outlook. Lowe’s reported a rise in quarterly profit and agreed to an $8.8 billion deal to buy the pros business. Target reported a sharp decline in quarterly profit but reiterated its annual outlook.
TJX TGT LOW
TJX TGT LOW