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Target Corp. eased 0.1% to $92.90 after the big-box retailer reported mixed first-quarter results and lowered its annual outlook.

Net sales slipped 2.8% to $23.85 billion from $24.53 billion, net earnings climbed 10% to $1.04 billion from $942 million, and diluted earnings per share rose 11.7% to $2.27 from $2.03 a year ago.

Comparable sales edged down 3.8% in the quarter amid a lower number of transactions and a lower average transaction amount, partially offset by comparable digital sales growth of 4.7%.

The company guided full-year sales to decline in low single digits, compared to $106.57 billion, and GAAP earnings per share to be between $8.00 and $10.00, compared to $8.86 a year earlier, respectively.

Target paid dividends of $510 million in the first quarter, compared with $508 million last year, reflecting a 1.8% increase in the dividend per share.

In addition, the company repurchased $251 million of its own shares, retiring 2.2 million shares at an average price of $114.60, and as of the end of the quarter, the company had approximately $8.4 billion remaining under repurchase authorization.


22 May, 2025

 

Medtronic Plc. traded flat at $84.41 after the medical device provider reported higher revenue and earnings in the fourth quarter of 2025.

Net sales climbed to $8.93 billion from $8.59 billion, net income edged up to $1.06 billion from $654 million, and diluted earnings per share rose to 82 cents from 49 cents a year ago.

The medical technology company plans to separate its diabetes business into a standalone public company within 18 months.

The company announced a cash dividend of 71 cents per share, or an annual amount of $2.84 per share, payable on July 11 to shareholders on record on June 27.

Medtronic guided fiscal year 2026 organic revenue to grow by approximately 5%, compared to $33.54 billion, and diluted non-GAAP earnings per share to increase by 4%, compared to $5.49 a year earlier, respectively.


22 May, 2025

 

Lowe's Companies Inc. eased 0.1% to $227.15 after the home improvement retailer reported first-quarter 2025 results.

Net sales declined to $20.93 billion from $21.36 billion, net earnings dropped to $1.64 billion from $1.75 billion, and diluted earnings per share fell to $2.92 from $3.06 a year ago.

The company estimated full-year comparable sales to be flat to up 1% as compared to the prior year, revenue between $83.5 billion and $84.5 billion, and diluted earnings per share between $12.15 and $12.40.

In comparison, revenue in 2024 was $83.67 billion, and diluted earnings per share stood at $12.23.


22 May, 2025

 

TJX Companies Inc. inched up 0.01% to $131.04 after the off-price apparel and home fashion retailer reported higher revenue in the first quarter of 2025.

Net sales climbed to $13.11 billion from $12.48 billion, net income edged down to $1.04 billion from $1.07 billion, and diluted earnings per share fell to 92 cents from 93 cents a year ago.

First-quarter comparable sales increased 3%, at the high end of the company’s plan, driven by an increase in customer transactions.

The company returned $1.0 billion to shareholders in the quarter through share repurchases and dividends.

The department store retailer guided second-quarter comparable sales to be up 2% to 3% and diluted earnings per share between 97 cents and $1.00, compared to 96 cents a year earlier.

For the full year, the company estimated same-store sales to be up 2% to 3% and diluted earnings per share between $4.34 and $4.43, compared to $4.26 a year ago.


22 May, 2025

 

Freightos Ltd. eased 0.4% to $2.55 after the freight booking and payment portal operator reported first-quarter 2025 results.

Revenue jumped to $6.94 million from $5.35 million, net loss narrowed to $4.50 million from a loss of $4.62 million, and loss per share shrank to 9 cents from a loss of 10 cents a year ago.

The company guided second-quarter revenue to be between $7.0 million and $7.1 million, compared to $5.7 million, and full-year revenue between $29.0 million and $30.6 million, compared to $23.8 million a year earlier, respectively.


21 May, 2025

 

Hovnanian Enterprises Inc. soared 4.3% to $100.30 despite the home builder reporting sharply lower earnings in the second quarter.

Revenue edged down to $686.47 million from $708.38 million, net income slumped to $17.06 million from $48.17 million, and earnings per share fell to $2.64 from $7.12 a year ago.

The company acquired or put under option approximately 3,000 lots in 46 consolidated communities during the quarter, and as of April 30, the total controlled consolidated lots were 42,440, an increase of 15.2% from 36,841 lots at the end of the previous fiscal year’s second quarter.

Total quick-move-in homes as of April 30 were 1,073, a decline of 7.7% compared with 1,163 homes as of January 31.

Hovnanian repurchased 126,448 shares of its own stock during the second quarter at an average price of $96.68 per share for a total of $12.2 million.

The company guided third-quarter revenue to be between $750 million and $850 million, compared to $722.7 million, and adjusted EBITDA between $60 million and $70 million, compared to $131.01 million a year ago, respectively.


21 May, 2025

 

Toll Brothers Inc. surged 5.1% to $109.81 despite the luxury home builder reporting a decline in earnings and revenue in the second quarter.

Revenue edged down to $2.74 billion from $2.84 billion, net income fell to $352.45 million from $481.62 million, and diluted earnings per share slipped to $3.50 from $4.55 a year ago.

The company delivered between 2,800 and 3,000 homes during the quarter, and the average price per home ranged between $965,000 and $985,000.

Toll Brothers spent approximately $723.0 million on land to purchase 4,380 lots and ended the quarter with 421 selling communities, compared to 386 communities a year earlier.

During the quarter, the home builder repurchased approximately 1.6 million shares at an average price of $107.84 for a total of $177.4 million.


21 May, 2025

 

Home Depot Inc. eased 0.01% to $377.00 after the home improvement retailer reported first-quarter 2025 results.

Net sales jumped 9.4% to $39.86 billion from $36.42 billion, net earnings dropped 4.6% to $3.43 billion from $3.60 billion, and diluted earnings per share fell 5% to $3.45 from $3.63 a year ago.

The company reaffirmed its guidance for fiscal 2025 for a total sales growth of approximately 2.8%, compared to $159.5 billion in 2024, and a comparable sales increase of 1%.

Home Depot expects full-year diluted earnings per share to decline 3% from $14.91 a year ago.


21 May, 2025

 

Palo Alto Networks Inc. dropped 3.9% to $186.81 after the cybersecurity company reported third-quarter 2025 results.

Revenue jumped to $2.29 billion from $1.98 billion, net income declined to $262.1 million from $278.8 million, and diluted earnings per share edged down to 79 cents from $1.32 a year ago.

The company guided fourth-quarter revenue to be between $2.49 billion and $2.51 billion, compared to $2.19 billion, and diluted earnings per share between 87 cents and 89 cents, compared to $1.51 a year ago, respectively.

For the full year, the company estimated revenue to be between $9.17 billion and $9.19 billion, compared to $8.03 billion, and diluted earnings per share between $3.26 and $3.28, compared to $5.67 a year earlier, respectively.


21 May, 2025

 

8x8 Inc. surged 2.8% to $1.85 after the provider of an integrated platform for customer communication reported fourth-quarter 2025 results.

Revenue declined to $177.04 million from $179.41 million, net loss shrank to $5.40 million from a loss of $23.59 million, and diluted loss per share narrowed to 4 cents from a loss of 19 cents a year ago.

Service revenue in the quarter edged down to $171.6 million from $172.5 million a year earlier.

The company guided first-quarter revenue to be between $175 million and $182 million, compared to $178.1 million, and non-GAAP diluted earnings per share between 7 cents and 9 cents, compared to 8 cents a year ago, respectively.

For the full fiscal year 2026, the company estimated revenue between $702 million and $724 million, compared to $715.07 million, and non-GAAP diluted earnings per share between 34 cents and 37 cents, compared to 36 cents a year ago, respectively.


20 May, 2025

 

8x8 Inc. surged 2.8% to $1.85 after the provider of an integrated platform for customer communication reported fourth-quarter 2025 results.

Revenue declined to $177.04 million from $179.41 million, net loss shrank to $5.40 million from a loss of $23.59 million, and diluted loss per share narrowed to 4 cents from a loss of 19 cents a year ago.

Service revenue in the quarter edged down to $171.6 million from $172.5 million a year earlier.

The company guided first-quarter revenue to be between $175 million and $182 million, compared to $178.1 million, and non-GAAP diluted earnings per share between 7 cents and 9 cents, compared to 8 cents a year ago, respectively.

For the full fiscal year 2026, the company estimated revenue between $702 million and $724 million, compared to $715.07 million, and non-GAAP diluted earnings per share between 34 cents and 37 cents, compared to 36 cents a year ago, respectively.


20 May, 2025

 

Trip.com Group Ltd. eased 0.4% to $66.81 after the Chinese travel service provider reported first-quarter 2025 results.

Net revenue jumped to 13.83 billion yuan from 11.90 billion yuan, net income decreased to 4.28 billion yuan from 4.31 billion yuan, and diluted earnings per share eased to 6.09 yuan from 6.38 yuan a year ago.

Accommodation reservation revenue increased 23%, transportation ticketing sales edged up 8%, packaged-tour sales climbed 7%, and corporate travel revenue jumped 12% from a year ago, respectively.

Overall reservations on the company’s international reservation platform increased by over 60%, with inbound travel bookings surging by around 100% year-over-year.

Outbound hotel and air ticket bookings have grown to more than 120% of the pre-pandemic level for the same period in 2019.

The company had repurchased 1.6 million ADSs for a total of $84 million as of May 16.   


20 May, 2025

 

Doximity Inc. slumped 20.7% to $46.36 after the networking site healthcare professionals' outlook fell short of market expectations.  

Revenue jumped to $138.29 million from $118.06 million, net income climbed to $62.46 million from $40.62 million, and diluted earnings per share rose to 31 cents from 20 cents a year ago.

The company guided first-quarter revenue to be between $139 million and $140 million, compared to $126.7 million a year earlier, and adjusted EBITDA between $71 million and $72 million, compared to $65.9 million in the same period of fiscal 2025.

For the full year, Doximity estimated revenue to be between $619 million and $631 million, compared to $570.4 million in 2025, and adjusted EBITDA between $333 million and $345 million, compared to $313.8 million a year ago. 


16 May, 2025

 

Birkenstock Holding plc soared 7.05% to $58.33 after the German shoe and sandals manufacturer reported second-quarter 2025 results.

Revenue surged to €574.33 million from €481.24 million, net profit climbed to €105.11 million from €71.65 million, and diluted earnings per share rose to 56 cents from 38 cents a year ago.

The double-digit sales growth was driven by strength in all segments, including the Americas, EMEA, and APAC.

Birkenstock invested approximately €21 million in capital expenditures in the second quarter, primarily to expand production capacity to meet rising consumer demand.

The company guided full-year revenue growth to be at the high end of the 15% to 17% range in constant currency, compared to €1.8 billion in 2024, and adjusted EBITDA to range between €660 million and €670 million, compared to €555 million a year earlier.


16 May, 2025

 

Alibaba Group Holding Ltd. plunged 8.2% to $123.05 after the China-based e-commerce company reported March quarter and full-year results.

Revenue in the March quarter increased 7% to 236.45 billion yuan from 221.87 billion yuan, net income surged 279% to 12.38 billion yuan from 3.27 billion yuan, and diluted earnings per share rose 296% to 65 yuan cents from 16 yuan cents a year ago.

The company repurchased 51 million ordinary shares, equivalent to 6 million ADSs, for a total of $0.6 billion during the quarter, and for the fiscal year, the retailer repurchased 1.197 billion ordinary shares, equivalent to 150 million ADSs, for a total of $11.9 billion.

In addition, the company approved a two-part dividend in the total amount of 25 cents per ordinary share, or $2.00 per ADS.

For the full year, revenue edged up to 996.35 billion yuan from 941.17 billion yuan, net income jumped to 130.11 billion yuan from 80.01 billion yuan, and diluted earnings per share rose to 6.70 yuan from 3.91 yuan a year ago.


16 May, 2025