U.S. Movers: Aehr Test Systems, Cal-Maine Foods, Fila Group, MSC Industrial, Tilray Brands, Walgreens, WD-40

Scott Peters
09 Apr, 2025
New York City

Cal-Maine Foods Inc. dropped 4.5% to $86.30 after the egg producer reported fiscal third quarter 2025 results ending in March.

Net sales edged up to $1.42 billion from $703.1 million, net income jumped to $508.5 million from $146.7 million, and diluted earnings per share rose to $10.38 from $3.00 a year ago.

The company sold a record 331.4 million dozen shell eggs, representing a 10.2% increase, including the contribution from acquisitions, compared with 300.8 million dozens for the third quarter of fiscal 2024. 

Sales of conventional eggs totaled 213.2 million dozens, compared with 192.2 million dozens for the prior-year period, an increase of 11.0%.

Specialty egg volumes also increased by 8.8% to 118.1 million dozens sold for the third quarter of fiscal 2025 compared with 108.6 million dozens sold for the prior-year period. 

Demand was strong during the third fiscal quarter, which is typically a period of higher seasonal demand.

The company said it will proceed with the acquisition of Echo Lake Foods Inc. for approximately $258 million.

Cal-Maine proposed a cash dividend of $3.46 per share for a total of approximately $170 million.

In addition, the company approved a $500 million share repurchase program.

WD-40 Co. traded flat at $218.48 after the maintenance products maker reported results for the second quarter of 2025.

Net sales increased 5% to $146.1 million from $139.1 million, net income surged 92% to $29.9 million from $15.5 million, and diluted earnings per share rose 92% to $2.19 from $1.14 a year ago.

The company guided fiscal 2025 net sales to be between $600 million and $630 million, an increase of 6% to 11%, compared to $590.6 million in 2024.

Diluted earnings per share are estimated to be between $5.25 and $5.55, higher than the company’s previous guidance of $5.20 to $5.45, and compared to $5.11 in 2024.

Tilray Brands Inc. eased 0.07% to $0.46 after the lifestyle and consumer packaged goods company reported fiscal third quarter 2025 results ending in February.

Revenue declined to $185.8 million from $188.3 million, net loss widened to $789.4 million from $92.7 million, and diluted loss per share increased to 87 cents from 12 cents a year ago.

The company guided for fiscal 2025 revenue to be between $850 million and $900 million, compared to $788.9 million in 2024.

Aehr Test Systems Inc. gained 2.9% to $6.98 after the provider of test solutions for semiconductor devices reported increased revenue in the fiscal third quarter 2025 ending in February.

Revenue edged up to $18.31 million from $7.56 million, net loss shrank to $0.64 million from a loss of $1.47 million, and diluted loss per share fell to 2 cents from a loss of 5 cents a year ago.

For the nine months ending in February, revenue declined to $44.88 million from $49.62 million, net loss was $1.01 million compared to a profit of $9.29 million, and diluted loss per share came in at 3 cents compared to a profit of 31 cents a year earlier.

MSC Industrial Direct Co. Inc. traded flat at $70.17 after the industrial equipment provider reported results for the fiscal second quarter of 2025 ending in March.

Net sales dropped to $891.7 million from $935.3 million, net income slumped to $39.3 million from $61.8 million, and diluted earnings per share edged down to 70 cents from $1.10 a year ago.

The company estimated fiscal 2025 capital expenditures to be between $100 million and $110 million.

Walgreens Boots Alliance Inc. eased 0.8% to $10.50 after the struggling pharmacy retailer reported results for the fiscal second quarter of 2025 ending in February.

Sales increased to $38.59 billion from $37.05 billion, net loss shrank to $2.85 billion from a loss of $5.91 billion, and diluted loss per share narrowed to $3.30 from a loss of $6.85 a year ago.

Sales in the first six months of fiscal 2025 climbed to $78.05 billion from $73.76 billion, net loss shrank to $3.12 billion from a loss of $5.97 billion, and diluted loss per share narrowed to $3.61 from a loss of $6.93 a year earlier.

Fila Group slumped 3.5% to 34.450 Korean won after the sporting goods retailer reported lower sales in 2024.

Revenue declined to €621.9 million from €787.9 million, adjusted group net profit edged down to €30.9 million from €40.9 million, and basic earnings per share fell to 61 cents from 81 cents a year ago.

The company proposed a dividend worth €40.8 million, higher than guidance, with a pay-out ratio of 20% to 40%.

Fila estimated 2025 revenue to grow by “low-to-mid single digits,” as well as a mid-single-digit increase in adjusted EBITDA, assuming constant currency and tariffs.

In addition, the company expects free cash flow to equity to be between €40 million and €50 million.