Stock Movers: Adobe, Hooker Furniture, Kroger, RH, Super Micro

Scott Peters
12 Sep, 2025
New York City

Adobe Inc. rose 2.5% to $361.01 after the content software developer's quarterly results surpassed market expectations. 

In the fiscal third quarter ending on August 29, consolidated revenue increased to $6 billion from $5.4 billion, net income soared to $1.8 billion from $1.7 billion, and diluted earnings per share rose to $4.18 from $3.76 a year ago.

During the quarter, Adobe repurchased approximately 8.0 million shares.

Adobe guided fiscal fourth-quarter revenue to be between $6.075 billion and $6.125 billion, earnings per share between $4.27 and $4.32, and adjusted earnings per share between $5.35 and $5.40.

Adobe guided full-year revenue to be between $23.65 billion and $23.70 billion, earnings per share between $16.53 and $16.58, and adjusted earnings per share between $20.80 and $20.85.

The Kroger Co. inched up 0.4% to $67.48 after the food retailer reported a 30% increase in net income in the fiscal second quarter ending on August 16.

Consolidated revenue inched higher to $33.94 billion from $33.91 billion, net income climbed to $609 million from $466 million, and diluted earnings per share soared to 91 cents from 64 cents a year ago.

The company reported a 16% increase in e-commerce sales.

In the fiscal fourth quarter of 2024, Kroger launched a $5 billion accelerated share repurchase program, expected to be completed in the third quarter of fiscal 2025. 

The ASR is part of a $7.5 billion share repurchase authorization, with the remaining $2.5 billion planned for open market repurchases by the end of FY2025.

Kroger guided full-year identical sales without fuel to be between 2.7% and 3.4%, operating profit between $4.8 billion and $4.9 billion, earnings per share between $4.70 and $4.80, and an effective tax rate of 18.5%.

RH dropped 7.5% to $211.0 after the furniture retailer reported weaker-than-expected revenue in the fiscal second quarter ending on August 2. 

Revenue rose 8.4% to $899.2 million from $829.7 million, net income soared 79% to $51.7 million from $28.95 million, and diluted earnings per share advanced to $2.62 from $1.45 a year ago. 

The furniture retailer guided third-quarter revenue growth between 8% and 10% and adjusted operating margin of 12% and 13%; full-year revenue growth between 8% and 10%; and adjusted operating margin of 13% to 14%.

Super Micro Computer jumped 6.6% to $46.85, and the company confirmed the start of volume shipments of its custom servers with Nvidia Blackwell Ultra solutions to its worldwide customers.

Hooker Furniture Corporation decreased 1.21% to $10.60, and the furniture and home décor manufacturer reported a 68% rise in net loss in the latest quarter ending on August 3.

Consolidated revenue declined to $82 million from $95.1 million, net loss advanced to $3.28 million from $1.95 million, and diluted losses per share expanded to 31 cents from 19 cents a year ago.

During the second quarter, the company paid $5 million in dividends.

"We are on target for our new expense structure, which reduces our fixed costs by approximately 25%, largely to be in place by the end of the third quarter," said CEO Jeremy Hoff.  

The company is struggling under high tariffs on lumber from Canada and 20% tariffs on furniture and upholstered products from Vietnam. 

The company said it's multi-phase restructuring plan is set to achieve annual savings of $25 million starting fiscal 2027.