Login
Breaking News
Heidrick & Struggles   GitLab   Okta   AutoZone   Best Buy   CubeSmart   Redfin   Dell Technologies   Intuit  

Market Update

eBay Inc. plunged 8% to $63.60 after the e-commerce company reported only a slight revenue increase for the fourth quarter ending in December.

Revenue increased 1% to $2.58 billion from $2.56 billion, net income dropped 7% to $680 million from $728 million, and earnings per diluted share remained flat at $1.40 compared to the same quarter a year ago.

The company guided first quarter of fiscal 2025 revenue between $2.52 billion and $2.56 billion, compared to $2.56 billion a year ago, and GAAP earnings per diluted share between 98 cents and $1.02, compared to 85 cents in the same quarter in 2024.

eBay proposed a cash dividend of 29 cents per share, payable on March 28 to stockholders on record as of March 14.


27 Feb, 2025

 

Bath & Body Works Inc. dropped 3.4% to $39.68 after the specialty retailer reported lower profit for the fourth quarter of fiscal 2024 ending in December.

Net sales decreased to $2.79 billion from $2.91 billion, net income declined to $453 million from $579 million, and earnings per diluted share fell to $2.09 from $2.55 a year ago.

The company guided for the first quarter of 2025 sales growth between 1% and 3%, compared to sales of $1.38 billion a year ago, and earnings per diluted share between 36 cents and 43 cents, compared to 38 cents in the first quarter of 2024.

The guidance reflects the impact of recently enacted tariffs on goods imported from China and excludes potential impacts from other possible tariff changes.

Bath & Body Works gave authorization to repurchase up to $500 million of the company’s shares, which replaced the $120 million remaining authority under the January 2024 program.


27 Feb, 2025

 

Salesforce Inc. dropped 4.7% to $292.80 after the cloud-based software company missed analyst expectations during the fourth quarter of fiscal 2025 ending in January.

Revenue increased to $9.99 billion from $9.29 billion, net income jumped to $1.71 billion from $1.45 billion, and earnings per diluted share climbed to $1.75 from $1.47 a year ago.

The company guided fiscal 2026 revenue between $40.5 billion and $40.9 billion, up 7% to 8% compared to $37.9 billion in fiscal 2025.

Subscription and support revenue is expected to increase by approximately 8.5% from the previous financial year.


27 Feb, 2025

 

Synopsys Inc. gained 2.05% to $480.09 after the electronic design automation company reported results for the first quarter of fiscal 2025 ending in January.

Revenue declined to $1.45 billion from $1.51 billion, net income dropped to $295.68 million from $449.11 million, and earnings per diluted share fell to $1.89 from $2.89 a year ago.

The company guided for the second quarter of fiscal 2025 GAAP earnings per diluted share between $2.21 and $2.33, compared to $2.89 a year ago.

Non-GAAP earnings per diluted share are estimated between $3.37 and $3.42, compared to $3.56 in the second quarter of 2024.


27 Feb, 2025

 

Snowflake Inc. surged 9.1% to $181.25 after the cloud-based data storage company reported a revenue increase in the fourth quarter of fiscal 2025 ending in January.

Revenue jumped to $986.77 million from $774.70 million, net loss expanded to $327.47 million from a loss of $169.35 million, and loss per diluted share increased to 99 cents from a loss of 51 cents a year ago.

The company guided for the first quarter of fiscal 2026 product revenue between $955 million and $960 million, an increase of 21% to 22% from the same period a year ago.


27 Feb, 2025

 

TJX Companies Inc. gained 1.8% to $124.89 after the off-price department store chain reported higher comparable sales in the fourth quarter of fiscal 2025 ending in February.

Net sales dropped to $16.35 billion from $16.41 billion, net income declined to $1.39 billion from $1.40 billion, and earnings per diluted share rose to $1.23 from $1.22 a year ago.

Consolidated comparable store sales in the quarter increased 5%, well above the company’s plan, and they were driven by an increase in customer transactions.

The company returned $4.1 billion to shareholders in fiscal 2025 through share repurchases and dividends.


27 Feb, 2025

 

Lowe’s Companies Inc. gained 1.9% to $247.07 after the home improvement retailer reported higher earnings in the fourth quarter ending in January.

Net sales decreased to $18.55 billion from $18.60 billion, net earnings jumped to $1.12 billion from $1.02 billion, and earnings per diluted share rose to $1.99 from $1.77 a year ago.

Comparable sales for the quarter increased 0.2%, driven by online comparable sales, strong holiday performance, and rebuilding efforts in the wake of recent hurricanes.

The company guided fiscal 2025 sales between $83.5 billion and $84.5 billion, compared to $83.67 billion in 2024, comparable sales to be flat to up 1%, and earnings per diluted share between $12.15 and $12.40, compared to $12.23 in 2024.


27 Feb, 2025

 

Planet Fitness Inc. eased 1.2% to $89.00 after the fitness center operator said system-wide same-club sales increased 5.5% in the fourth quarter ending in December.

Revenue increased to $340.45 million from $285.09 million, net income surged to $47.08 million from $35.34 million, and earnings per diluted share rose to 56 cents from 41 cents a year ago.

For fiscal 2025, the company estimated same-club sales growth between 5% and 6%, revenue growth of approximately 10%, and adjusted net income growth between 8% and 9%.

Planet Fitness also expects new equipment placements between 130 and 140 in franchise-owned locations and new club openings between 160 and 170 locations in 2025.


26 Feb, 2025

 

Dillard’s Inc. traded flat at $455.54 after the department store chain reported a slight decrease in revenue for the fourth quarter ending in February.

Net sales dropped 1% to $2.02 billion from $2.12 billion, net income declined 10.6% to $214.4 million from $250.5 million, and earnings per diluted share fell to $13.48 from $15.44 a year ago.


26 Feb, 2025

 

Instacart plunged 9.8% to $48.78 despite the grocery delivery company reporting revenue growth in the fourth quarter ending in December.

Revenue increased to $883 million from $803 million, net income jumped to $148 million from $135 million, and earnings per diluted share rose to 53 cents from 44 cents a year ago.

For the first quarter of 2025, the company estimated gross transaction value between $9.0 billion and $9.15 billion, compared to $8.32 billion in the same quarter in 2024, and adjusted EBITDA between $220 million and $230 million, compared to $198 million a year ago.


26 Feb, 2025

 

Keurig Dr Pepper Inc. surged 2.3% to $34.90 after the beverage company reported higher revenue in the fourth quarter ending in December.

Net sales increased to $4.07 billion from $3.87 billion, net income swung to a loss of $144 million from a profit of $693 million, and loss per diluted share was 11 cents compared to a profit of 49 cents a year ago.

The U.S. refreshment beverages and the international segments reported sales growth of 10.3% to $9.3 billion and 0.8% to $2.1 billion for the full year, respectively, while sales in the U.S. coffee unit decreased 2.4% to $1.1 billion.

For fiscal 2025, the company estimated net sales growth in a mid-single-digit range and adjusted earnings per diluted share in a high-single-digit range on a constant currency basis.

The projections include the anticipated contribution from the recent Ghost acquisition.

At current rates, foreign currency translation is forecasted to approximate a one to two percentage point headwind to full year top- and bottom-line growth.

The company proposed a regular quarterly cash dividend of 23 cents per share, payable on April 11 to shareholders on record as of March 28.

Last year, Keurig agreed to buy a 60% stake in energy-drink maker Ghost for $990 million, with a plan to purchase the rest in 2028.

 


25 Feb, 2025

 

Home Depot eased 0.1% to $382.13 after the home improvement retailer reported a steady sales growth in the fourth quarter ending in February.

Net sales increased 14.1% to $39.70 billion from $34.79 billion, net earnings jumped 7% to $2.99 billion from $2.80 billion, and earnings per diluted share rose to $3.02 from $2.82 a year ago.

For fiscal 2025, the company estimated revenue growth of approximately 2.8%, comparable sales growth of 1%, and the opening of 13 new stores.

Diluted earnings per share are expected to decline 3% from $14.91 in fiscal 2024; and capital expenditures would be approximately 2.5% of total sales.

In the fourth quarter, same-store sales edged up 0.8%, and same-store sales in the U.S. increased 1.3%.

For the full year 2024, same-store sales decreased 1.8%, and same-store sales in the U.S. decreased 1.8%. 

The company approved a quarterly cash dividend of $2.30 per share, up 2.2% from the previous year, and totaling to an annual dividend of $9.20 per share.

The dividend is payable on March 27 to shareholders on record as of March 13.


25 Feb, 2025

 

Domino's Pizza gained 0.3% to $456.92 after the pizza delivery company reported strong results for the fourth quarter ending in December.

Revenue increased to $1.44 billion from $1.40 billion, net income surged to $169.44 million from $157.29 million, and earnings per diluted share rose to $4.89 from $4.48 a year ago.

The company raised its quarterly dividend by 15% to $1.74 per share, payable on March 28 to shareholders on record as of March 14.

In addition, Domino’s Pizza repurchased 258,568 shares and 758,242 shares of common stock for a total of $112.0 million and $327.0 million, in the fourth quarter and full-year, respectively.

By the end of 2024, the company had a total remaining authorized amount for share repurchases of $814.3 million. 


25 Feb, 2025

 

Public Storage dropped 2% to $297.16 despite the self-storage services provider reporting higher revenue for the fourth quarter ending in December.

Revenue increased to $1.18 billion from $1.16 billion, net income surged to $614.61 million from $439.29 million, and earnings per diluted share rose to $3.21 from $2.21 a year ago.

The company proposed a dividend of $3.00 per share, payable on March 28 to shareholders on record as of March 13.

For fiscal 2025, the company provided optimistic guidance based on its portfolio of 2,565 same-store facilities and 508 non-same-store facilities, reflecting strong core FFO per share expectations.


25 Feb, 2025

 

Zoom Communications Inc. dropped 3% to $81.10 despite the communication platform operator reporting a revenue increase in the fourth quarter of fiscal 2025 ending in January.

Revenue jumped to $1.18 billion from $1.15 billion, net income climbed to $367.86 million from $298.83 million, and earnings per diluted share rose to $1.16 from 95 cents a year ago.

For the first quarter of fiscal 2026, the company estimated revenue in constant currency between $1.168 billion and $1.173 billion, compared to $1.14 billion in the same period a year ago.

Non-GAAP income from operations is expected between $440.0 million and $445.0 million, compared to $353.3 million in 2025, and non-GAAP earnings per diluted share between $1.29 and $1.31, compared to $1.16 in 2025. 


25 Feb, 2025