JetBlue Airways (JBLU) reported its second-quarter results Tuesday, featuring a pleasant surprise on the bottom line. The earnings beat sent shares climbing 18% higher so far this morning. The company delivered a profit of $25 million or 8 cents a share, which was well below its performance this time last year of $138 million [...]
Heineken (HEINY) has fallen more than 10% so far Monday morning after the company’s latest earnings results left much to be desired, specifically from a profit perspective. While the forecast called for an operating profit growth rate of 13.2%, Heineken reported just 12.5% growth. As a result, the Dutch brewing manufacturer took a net [...]
Domino’s Pizza inc. (DPZ) reported second-quarter earnings early Thursday morning. While the company’s profits surpassed analyst expectations, the focus was on a disappointing revenue miss. As a result, the stock is down more than 12% so far today. Here are the results: EPS: $4.03 per share compared to the $3.68 consensus Revenue: $1.098 billion [...]
PepsiCo (PEP) reported second-quarter earnings that came in above analyst expectations on the bottom line this morning. Yet, the stock is down slightly as the continued downward trajectory for demand paints a concerning picture. Income of $3 billion was a 12% improvement year over year, and this worked out to an adjusted $2.28 per [...]
Shares of La-Z-Boy (LZB) are up nearly 18% so far Tuesday morning on the heels of its fiscal fourth-quarter results and preliminary first-quarter guidance. The furniture company’s results for the quarter ending April 27th surpassed analyst expectations on both the top and bottom lines. Adjusted earnings came in at $0.95 per share ahead of [...]
Krispy Kreme (DNUT) got a nice 2% boost Tuesday morning, adding to its trajectory over the past week. The stock is now up nearly 7% in that timeframe. This comes off the heels of an analyst upgrade ahead of the highly anticipated McDonald’s partnership rolling out. The upgrade comes from Truist Securities, which moved [...]
The first half of 2024 has been rough for Lululemon Athletica (LULU), as the stock has fallen 40% in the past 6 months or so. However, the company delivered first-quarter earnings results that helped buoy the stock a bit - it regained 12% in the past week and is up 9% so far in [...]
Online pet product retailer Chewy Inc. (CHWY) skyrocketed 30% last week after reporting an impressive first-quarter performance on both the top and bottom lines. The company’s sales were up 3% to $2.88 billion, driven in part by growth in auto-ship orders of 6%. Meanwhile, improvements in net sales per active customer of 10% suggest [...]
Gap Inc. (GPS) delivered an impressive Q1 performance, beating the analyst consensus on both the top and bottom lines. The stock has climbed 26% so far in Friday’s trading session in response. Sales grew 3% to $3.4 billion in the first quarter, driven in part by stronger sales in the Old Navy brand. Analysts [...]
Target (TGT) reported first-quarter results Wednesday that left much to be desired, sending shares tumbling lower. The company noted it is seeing a pullback in consumer spending. Revenue came in at $24.53 billion compared to $24.52 billion expected, narrowly avoiding a missing on the top line. However, the retailer did miss the bottom line [...]
