The Children’s Place Inc. plunged 6.3% to $6.35 after the struggling children’s specialty retailer reported results for the fiscal fourth quarter of 2024 ending in February.

Net sales declined to $408.56 million from $455.03 million, net loss shrank to $7.99 million from a loss of $128.84 million, and diluted loss per share narrowed to 62 cents from a loss of $10.24 a year ago.

For the full year, revenue edged down to $1.39 billion from $1.60 billion, net loss narrowed to $57.82 million from a loss of $154.54 million, and diluted loss per share shrank to $4.53 from a loss of $12.34 a year earlier.

The company reported “the lowest level of selling, general, and administrative spending in more than 15 years during the fourth quarter and full year.”

“Looking ahead for fiscal 2025, we remain determined to deliver profitable top-line sales as we continue to refine our omni-channel strategy and rebalance our product mix by offering relevant products that resonate with parents,” Muhammad Umair, the company’s president and interim CEO, said in a release to investors.

14 Apr, 2025

Fastenal Co. dropped 0.1% to $80.53 after the distributor of industrial and construction supplies reported results for the fiscal first quarter of 2025 ending in March.

Net sales increased 3.4% to $1.96 billion from $1.89 billion, net income inched up 0.3% to $298.7 million from $297.7 million, and diluted earnings per share remained flat at 52 cents per share compared to a year ago.

The company returned $246.7 million to shareholders in the form of dividends during the quarter, compared to $223.2 million a year earlier.

14 Apr, 2025

Bank of New York Mellon Corp. traded flat at $77.67 after the bank reported results for the fiscal first quarter ending in March.

Revenue surged to $4.79 billion from $4.53 billion, net income edged up to $1.15 billion from $953 million, and diluted earnings per share rose to $1.58 from $1.25 a year ago.

The company returned $343 million of dividends and made $746 million in share repurchases during the quarter.

14 Apr, 2025

Morgan Stanley gained 0.05% to $108.18 after the banking company reported fiscal first quarter 2025 results ending in March.

Revenue surged to $17.74 billion from $15.14 billion, net income jumped to $4.31 billion from $3.41 billion, and diluted earnings per share rose to $2.60 from $2.02 a year ago.

Total client assets increased to $7.7 trillion across the wealth and investment management divisions, supported by $94 billion in net new assets, the company said in a release to investors.

The company repurchased $1.0 billion in shares during the quarter and proposed a quarterly dividend of 92.5 cents per share, payable on May 15 to shareholders on record as of April 30.

14 Apr, 2025

BlackRock Inc. eased 0.1% to $878.00 after the investment management company reported results for the fiscal first quarter of 2025 ending in March.

Revenue edged up to $5.28 billion from $4.73 billion, net income dropped to $1.51 billion from $1.57 billion, and diluted earnings per share declined to $9.64 from $10.48 a year ago.

Assets under management rose 11% in the quarter to $11.58 trillion from $10.5 trillion a year earlier.

The company repurchased $375 million shares during the quarter and raised its quarterly cash dividend by 2% to $5.21 per share.

14 Apr, 2025

Wells Fargo & Co. gained 0.1% to $62.59 after the banking company reported fiscal first quarter of 2025 results ending in March.

Revenue declined to $20.15 billion from $20.86 billion, net income jumped to $4.89 billion from $4.62 billion, and diluted earnings per share rose to $1.39 from $1.20 a year ago.

The company repurchased 44.5 million shares for $3.5 billion in the quarter.

14 Apr, 2025

JPMorgan Chase & Co. jumped 4.2% to $236.29 after the banking company reported first quarter of 2025 results.

Net revenue edged up to $45.31 billion from $41.93 billion, net income jumped to $14.64 billion from $13.42 billion, and diluted earnings per share rose to $5.07 from $4.44 a year ago.

The company proposed a dividend of $1.40 per share or a total of $3.9 billion and announced $7.1 billion of common stock net repurchases.

14 Apr, 2025

CarMax Inc. dropped 0.2% to $66.30 after the used car retailer reported results for the fiscal fourth quarter of 2025 ending in February.

Revenue increased to $6.00 billion from $5.63 billion, net income surged to $89.87 million from $50.27 million, and diluted earnings per share rose to 58 cents from 32 cents a year ago.

CarMax sold 301,811 retail and wholesale used vehicles in the quarter, an increase of 4.9% from the same period a year ago.

The average price for a car edged up, snapping an eight-quarter streak of declines.

For the quarter to Feb. 28, CarMax said the average selling price for used cars was $26,133, up 0.6% from the same period a year ago.

Wholesale vehicles’ price was up 0.1% to $8,044 in the quarter from $8,034 a year ago.

For the full year, revenue edged down to $26.35 billion from $26.54 billion, net income jumped to $500.5 million from $479.2 million, and diluted earnings per share climbed to $3.21 from $3.02 a year earlier.

The annual price of used vehicles declined 2.8% to $26,273 from $27,028 in 2024, while the annual price of wholesale vehicles edged down 7.9% to $8,019 from $8,707 a year ago.

The company repurchased $98.5 million shares in the fourth quarter, and as of February 28, the car dealer had $1.94 billion remaining available for repurchase under authorization.

Shares of CarMax were headed for their worst day in nearly three years on Thursday, and the used-car retailer said it was putting its long-term goals on hold because of the uncertainty surrounding the economy.

10 Apr, 2025

Tesco Plc dropped 0.2% to 334.40 pence after the UK-based food retailer reported preliminary results for 2024 ending in February.

Revenue edged up to £69.92 billion from £68.19 billion, profit jumped to £1.63 billion from £1.19 billion, and diluted earnings per share rose to 23.51 pence from 16.56 pence a year ago.

Same-store sales declined by 1.8%, reflecting a continuing decline in the tobacco market and weakness in parts of the fast-food market serviced by Best Food Logistics, while the core retail and catering businesses grew despite a challenging market backdrop.

The company paid a dividend of 13.70 pence per share, compared to 12.10 pence per share in the previous year.

Tesco proposed a final dividend of 9.45 pence per share, payable on June 27 to shareholders on record as of May 16.

10 Apr, 2025

Barry Callebaut AG dropped 1.9% to CHF 1.055 after the Swiss cocoa processor and chocolate maker announced results for the six-month period ending in February.

Revenue edged up to CHF 1.14 billion from CHF 1.131 billion, net profit slumped to CHF 77.93 million from CHF 235.49 million, and diluted earnings per share fell to CHF 14.20 from CHF 42.87 a year ago.

Sales volume amounted to 1,138,524 tons in the first six months of fiscal 2023-2024, an increase of 0.7%, as growth was 1% in the second quarter amid a challenging operating environment and higher cocoa prices.

“Demand for cocoa powder remained robust, largely driven by Asia with particular strength in India, Indonesia, and China,” the company said in a release to investors.

Cocoa butter demand was impacted in Asia, Latin America, and North America, while other regions saw positive growth.

“For cocoa liquor, positive growth for Eastern Europe, Middle East Africa, and Latin America was offset by lower demand in Asia, Western Europe, and North America,” the company added in the statement.

Volume growth was positive in most global chocolate regions, led by growth in Latin America, particularly in Brazil.

10 Apr, 2025

Europe Movers: Kingfisher, Pets at Home

Inga Muller
28 May, 2025
Frankfurt

Kingfisher plc dropped 1.01% to 292.50 pence after the UK-based home improvement retailer released its first-quarter trading update.

Sales were flat at £3.3 billion, same-store sales increased 1.8%, and e-commerce sales jumped 9.3% from a year ago.

Retail price inflation was flat, and the company continued to expand its market share in the UK, Ireland, France, and Poland.

The company guided full-year adjusted profit before tax to be between £480 million and £540 million, compared to £528 million in the previous year.

Pets at Home Group plc gained 1.07% to 265.20 pence after the pet products retailer reported higher revenue and earnings in the fiscal year ending in March.

Revenue climbed to £1.482 billion from £1.480 billion, profit jumped to £88.2 million from £79.2 million, and diluted earnings per share rose to 18.8 pence from 16.4 pence a year ago.

The total dividend was 13.0 pence per share, up 1.6% from the previous year, and the final dividend was held at 8.3 pence per share.

In addition, the company announced a £25 million share buyback, having already completed £125 million in buybacks in the last three years.

Europe Movers: Kingfisher, Pets at Home

Inga Muller
28 May, 2025
Frankfurt

Kingfisher plc dropped 1.01% to 292.50 pence after the UK-based home improvement retailer released its first-quarter trading update.

Sales were flat at £3.3 billion, same-store sales increased 1.8%, and e-commerce sales jumped 9.3% from a year ago.

Retail price inflation was flat, and the company continued to expand its market share in the UK, Ireland, France, and Poland.

The company guided full-year adjusted profit before tax to be between £480 million and £540 million, compared to £528 million in the previous year.

Pets at Home Group plc gained 1.07% to 265.20 pence after the pet products retailer reported higher revenue and earnings in the fiscal year ending in March.

Revenue climbed to £1.482 billion from £1.480 billion, profit jumped to £88.2 million from £79.2 million, and diluted earnings per share rose to 18.8 pence from 16.4 pence a year ago.

The total dividend was 13.0 pence per share, up 1.6% from the previous year, and the final dividend was held at 8.3 pence per share.

In addition, the company announced a £25 million share buyback, having already completed £125 million in buybacks in the last three years.

Stock Movers: Hindustan Tin, NMDC, Tiger Logistics, Techno Electric, Ambika Cotton, Loyal Textile, Bosch, Procter & Gamble Hygiene

Arun Goswami
28 May, 2025
Mumbai

Hindustan Tin Works Ltd. declined 1% to ₹153.20 despite the metal can and closures manufacturer reporting a 13% rise in its earnings in the latest quarter.

Consolidated revenue in the March quarter increased to ₹101 crore from ₹87.8 crore, and after-tax profit soared to ₹3.4 crore from ₹3 crore, and diluted earnings per share rose to ₹3.05 from ₹3.01 a year ago.

For the fiscal year 2025, revenue declined to ₹406.3 crore from ₹419.4 crore, after-tax profit dropped to ₹12.3 crore from ₹17 crore, and diluted earnings per share fell to ₹11.19 from ₹16.28 a year ago.

The company's board recommended a final dividend of 80 paise per share.

NMDC Ltd. declined 2.1% to ₹71.24 after the iron ore miner reported a slight increase in revenue and net income in the latest quarter.

Consolidated revenue in the March quarter inched higher to ₹7,497.2 crore from ₹6,908.4 crore, and after-tax profit advanced to ₹1,483.4 crore from ₹1,415.9 crore, and diluted earnings per share rose to ₹1.68 from ₹1.61 a year ago.

For the fiscal year 2025, revenue edged higher to ₹25,498 crore from ₹22,678.7 crore, after-tax profit increased to ₹6,539.8 crore from ₹5,572 crore, and diluted earnings per share soared to ₹7.44 from ₹6.34 a year ago.

The company's board recommended a final dividend of ₹1 per share.

Tiger Logistics (India) Ltd. decreased 1.4% to ₹57.51 despite the logistics company and solutions provider reporting profit soaring 41% in the fiscal fourth quarter.

Consolidated revenue in the March quarter advanced to ₹116.9 crore from ₹94.5 crore, and after-tax profit jumped to ₹6.4 crore from ₹4 crore, and diluted earnings per share rose to 55 paise from 36 paise a year ago.

For the fiscal year 2025, revenue edged higher to ₹545.2 crore from ₹244.1 crore, after-tax profit soared to ₹27 crore from ₹13 crore, and diluted earnings per share increased to ₹2.56 from ₹1.23 a year ago.

Techno Electric & Engineering Company Ltd. jumped 11.7% to ₹1,397.80 after the power-infrastructure company reported a 74% jump in its earnings in the March quarter.

Consolidated revenue in the March quarter edged up to ₹868.9 crore from ₹470.9 crore, and after-tax profit jumped to ₹134.6 crore from ₹77.5 crore, and diluted earnings per share rose to ₹11.58 from ₹7.20 a year ago.

For the fiscal year 2025, revenue edged higher to ₹2,428.6 crore from ₹1,638.5 crore, after-tax profit increased to ₹422.9 crore from ₹268.5 crore, and diluted earnings per share soared to ₹37.19 from ₹24.94 a year ago.

The company's board recommended a dividend of ₹9 per share.

Ambika Cotton Mills Limited increased 0.2% to ₹1,519 despite the cotton yarn manufacturers reporting a marginal decline in revenue and net income in the March quarter.

Consolidated revenue decreased to ₹143.4 crore from ₹209.6 crore, net income fell to ₹15.9 crore from ₹16.1 crore, and diluted earnings per share declined to ₹27.70 from ₹28.10 a year ago.

For the fiscal year 2025, revenue edged down to ₹728.6 crore from ₹846.2 crore, after-tax profit edged up to ₹65.7 crore from ₹63 crore, and diluted earnings per share soared to ₹114.8 from ₹110 a year ago.

The company's board recommended a dividend of ₹37 per share.

Loyal Textile Mills Ltd. fell 0.02% to ₹294.95 after the textile manufacturer’s net income swung to a profit from a year ago in the March quarter.

Consolidated revenue in the March quarter declined to ₹146.7 crore from ₹241.6 crore, and net income swung to a loss of ₹39.4 crore from a loss of ₹13.4 crore, and diluted earnings per share rose to an income of ₹81.69 from a loss of ₹27.76 a year ago.

For the fiscal year 2025, revenue edged down to ₹690.5 crore from ₹1,011.3 crore, after-tax loss soared to ₹51.2 crore from ₹39.5 crore, and diluted losses per share expanded to ₹106.39 from ₹82 a year ago.

Bosch Ltd. dropped 3.7% to ₹31,317.15 after the consumer goods maker reported a slight increase in revenue and a marginal decline in net income in the March quarter.

Consolidated revenue in the March quarter inched higher to ₹5,147.4 crore from ₹4,459.5 crore, after-tax profit edged down to ₹553.6 crore from ₹564.4 crore, and diluted earnings per share declined to ₹187.66 from ₹191.22 a year ago.

For the fiscal year 2025, revenue edged higher to ₹18,901.3 crore from ₹17,449.6 crore, after-tax profit decreased to ₹2,013 crore from ₹2,490 crore, and diluted earnings per share fell to ₹683.25 from ₹844.68 a year ago.

The company's board recommended a final dividend of ₹512 per share.

Procter & Gamble Hygiene and Health Care Limited decreased 0.8% to ₹14,100.65 after the hygiene and healthcare company reported a muted increase in sales and earnings in the latest quarter.

Consolidated revenue in the March quarter inched down to ₹1,010.8 crore from ₹1,015.8 crore, and after-tax profit advanced to ₹156.1 crore from ₹154.4 crore, and diluted earnings per share rose to ₹48.09 from ₹47.56 a year ago.

For the fiscal year 2025, revenue edged higher to ₹3,411.8 crore from ₹3,318.9 crore, after-tax profit increased to ₹636.6 crore from ₹593.9 crore, and diluted earnings per share soared to ₹196.11 from ₹182.98 a year ago.

The company's board recommended a final dividend of ₹65 per share.

Stock Movers: Hindustan Tin, NMDC, Tiger Logistics, Techno Electric, Ambika Cotton, Loyal Textile, Bosch, Procter & Gamble Hygiene

Arun Goswami
28 May, 2025
Mumbai

Hindustan Tin Works Ltd. declined 1% to ₹153.20 despite the metal can and closures manufacturer reporting a 13% rise in its earnings in the latest quarter.

Consolidated revenue in the March quarter increased to ₹101 crore from ₹87.8 crore, and after-tax profit soared to ₹3.4 crore from ₹3 crore, and diluted earnings per share rose to ₹3.05 from ₹3.01 a year ago.

For the fiscal year 2025, revenue declined to ₹406.3 crore from ₹419.4 crore, after-tax profit dropped to ₹12.3 crore from ₹17 crore, and diluted earnings per share fell to ₹11.19 from ₹16.28 a year ago.

The company's board recommended a final dividend of 80 paise per share.

NMDC Ltd. declined 2.1% to ₹71.24 after the iron ore miner reported a slight increase in revenue and net income in the latest quarter.

Consolidated revenue in the March quarter inched higher to ₹7,497.2 crore from ₹6,908.4 crore, and after-tax profit advanced to ₹1,483.4 crore from ₹1,415.9 crore, and diluted earnings per share rose to ₹1.68 from ₹1.61 a year ago.

For the fiscal year 2025, revenue edged higher to ₹25,498 crore from ₹22,678.7 crore, after-tax profit increased to ₹6,539.8 crore from ₹5,572 crore, and diluted earnings per share soared to ₹7.44 from ₹6.34 a year ago.

The company's board recommended a final dividend of ₹1 per share.

Tiger Logistics (India) Ltd. decreased 1.4% to ₹57.51 despite the logistics company and solutions provider reporting profit soaring 41% in the fiscal fourth quarter.

Consolidated revenue in the March quarter advanced to ₹116.9 crore from ₹94.5 crore, and after-tax profit jumped to ₹6.4 crore from ₹4 crore, and diluted earnings per share rose to 55 paise from 36 paise a year ago.

For the fiscal year 2025, revenue edged higher to ₹545.2 crore from ₹244.1 crore, after-tax profit soared to ₹27 crore from ₹13 crore, and diluted earnings per share increased to ₹2.56 from ₹1.23 a year ago.

Techno Electric & Engineering Company Ltd. jumped 11.7% to ₹1,397.80 after the power-infrastructure company reported a 74% jump in its earnings in the March quarter.

Consolidated revenue in the March quarter edged up to ₹868.9 crore from ₹470.9 crore, and after-tax profit jumped to ₹134.6 crore from ₹77.5 crore, and diluted earnings per share rose to ₹11.58 from ₹7.20 a year ago.

For the fiscal year 2025, revenue edged higher to ₹2,428.6 crore from ₹1,638.5 crore, after-tax profit increased to ₹422.9 crore from ₹268.5 crore, and diluted earnings per share soared to ₹37.19 from ₹24.94 a year ago.

The company's board recommended a dividend of ₹9 per share.

Ambika Cotton Mills Limited increased 0.2% to ₹1,519 despite the cotton yarn manufacturers reporting a marginal decline in revenue and net income in the March quarter.

Consolidated revenue decreased to ₹143.4 crore from ₹209.6 crore, net income fell to ₹15.9 crore from ₹16.1 crore, and diluted earnings per share declined to ₹27.70 from ₹28.10 a year ago.

For the fiscal year 2025, revenue edged down to ₹728.6 crore from ₹846.2 crore, after-tax profit edged up to ₹65.7 crore from ₹63 crore, and diluted earnings per share soared to ₹114.8 from ₹110 a year ago.

The company's board recommended a dividend of ₹37 per share.

Loyal Textile Mills Ltd. fell 0.02% to ₹294.95 after the textile manufacturer’s net income swung to a profit from a year ago in the March quarter.

Consolidated revenue in the March quarter declined to ₹146.7 crore from ₹241.6 crore, and net income swung to a loss of ₹39.4 crore from a loss of ₹13.4 crore, and diluted earnings per share rose to an income of ₹81.69 from a loss of ₹27.76 a year ago.

For the fiscal year 2025, revenue edged down to ₹690.5 crore from ₹1,011.3 crore, after-tax loss soared to ₹51.2 crore from ₹39.5 crore, and diluted losses per share expanded to ₹106.39 from ₹82 a year ago.

Bosch Ltd. dropped 3.7% to ₹31,317.15 after the consumer goods maker reported a slight increase in revenue and a marginal decline in net income in the March quarter.

Consolidated revenue in the March quarter inched higher to ₹5,147.4 crore from ₹4,459.5 crore, after-tax profit edged down to ₹553.6 crore from ₹564.4 crore, and diluted earnings per share declined to ₹187.66 from ₹191.22 a year ago.

For the fiscal year 2025, revenue edged higher to ₹18,901.3 crore from ₹17,449.6 crore, after-tax profit decreased to ₹2,013 crore from ₹2,490 crore, and diluted earnings per share fell to ₹683.25 from ₹844.68 a year ago.

The company's board recommended a final dividend of ₹512 per share.

Procter & Gamble Hygiene and Health Care Limited decreased 0.8% to ₹14,100.65 after the hygiene and healthcare company reported a muted increase in sales and earnings in the latest quarter.

Consolidated revenue in the March quarter inched down to ₹1,010.8 crore from ₹1,015.8 crore, and after-tax profit advanced to ₹156.1 crore from ₹154.4 crore, and diluted earnings per share rose to ₹48.09 from ₹47.56 a year ago.

For the fiscal year 2025, revenue edged higher to ₹3,411.8 crore from ₹3,318.9 crore, after-tax profit increased to ₹636.6 crore from ₹593.9 crore, and diluted earnings per share soared to ₹196.11 from ₹182.98 a year ago.

The company's board recommended a final dividend of ₹65 per share.

U.S. Movers: AutoZone, Okta, Toro

Scott Peters
28 May, 2025
New York City

AutoZone Inc. traded flat at $3,695.66 after the retailer of aftermarket automotive parts reported higher revenue in the fiscal third quarter.

Net sales climbed 5.4% to $4.46 billion from $4.23 billion, net income dropped 6.6% to $608 million from $652 million, and diluted earnings per share fell 3.6% to $35.36 from $36.69 a year ago.

The company repurchased $250 million of its own stock during the quarter and opened 84 new stores, compared to 45 stores a year earlier.

AutoZone increased its inventory by 10.8% to $6.82 billion from $6.15 billion in the prior year and reduced its debt by 1.6%.

Okta Inc. plunged 12.8% to $109.39 despite the identity management company reporting higher revenue in the first quarter of 2025.

Revenue increased to $688 million from $617 million, net income swung a profit of $62 million from a loss of $40 million, and diluted earnings per share swung to a profit of 36 cents from a loss of 24 cents a year ago.

The company guided second-quarter revenue to be between $710 million and $712 million, compared to $556 million, and non-GAAP diluted earnings per share between 83 cents and 84 cents, compared to 31 cents a year earlier, respectively.

For the full year, Okta estimated revenue to be between $2.85 billion and $2.86 billion, compared to $2.26 billion, and non-GAAP diluted earnings per share between $3.23 and $3.28, compared to $2.81 a year ago, respectively.

Toro Corp. increased 2.7% to $75.88 after the provider of lawn maintenance equipment maker reported a slight decline in revenue in the first quarter.

Net sales edged down to $995 million from $1.00 billion, net income dropped to $52.8 million from $64.9 million, and diluted earnings per share fell to 52 cents from 62 cents a year ago.

The company guided full-year net sales growth to be in the range of breakeven to 1%, compared to $4.58 billion, and adjusted diluted earnings per share between $4.25 and $4.40, compared to $4.17 a year earlier, respectively.