Thursday, September 30, 2021

Intuit Reaffirms Q1, FY22 Outlook - Quick Facts

Ahead of its virtual Investor Day later on Thursday, technology platform Intuit Inc. (INTU) reaffirmed its financial guidance for the first quarter and full fiscal year 2022.

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Paychex Boosts FY22 Outlook - Quick Facts

While reporting financial results for the first quarter of fiscal 2022 on Thursday, payroll and HR services provider Paychex Inc. (PAYX) raised its earnings and revenue growth guidance for the full year 2022, based on the strong first-quarter results.

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Bed Bath & Beyond Cuts FY21 Outlook As Q2 Results Miss Estimates

Home improvement retailer Bed Bath & Beyond reported on Thursday a net loss for second quarter compared to a profit last year, hurt by charges related to its restructuring and transformation initiatives. Both adjusted earnings per share and net sales missed analysts' expectations. The company also slashed its financial guidance for the full-year 2021.

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AngioDynamics Q1 Results Top Estimates; Boosts FY22 Sales Outlook - Quick Facts

While reporting financial results for the first quarter on Thursday, medical devices company AngioDynamics, Inc. (ANGO) maintained its adjusted earnings guidance for the full year 2022, while raising annual net sales outlook.

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Wednesday, September 29, 2021

Jabil Guides Q1 Above Estimates - Quick Facts

While reporting preliminary, unaudited financial results for the fourth quarter on Wednesday, manufacturing solutions provider Jabil, Inc. (JBL) provided earnings and revenue guidance for the first quarter of fiscal 2022.

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Worthington Industries Q1 Results Top Estimates - Quick Facts

Industrial manufacturing company Worthington Industries, Inc. (WOR) reported Wednesday that net earnings for the first quarter plunged to $132.5 million or $2.55 per share from $616.7 million or $11.22 per share in the prior-year quarter.

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GeoVax Labs Up 23% In Pre-market On Gedeptin License For Solid Tumor Treatment

Shares of Georgia-headquartered GeoVax Labs, Inc. (GOVX) were rising more than 23 percent in pre-market trade after it announced an Assignment and License Agreement with PNP Therapeutics, Inc. that grants GeoVax exclusive rights to develop and commercialize Gedeptin, a novel patented product for the treatment of solid tumors.

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Tuesday, September 28, 2021

FactSet Guides FY22 Well Above Estimates As Q4 Results To View - Quick Facts

While reporting financial results for the fourth quarter on Tuesday, FactSet Research Systems, Inc. (FDS) initiated its earnings and revenue outlook for the full-year 2022, well above analysts' expectations.

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Frequency Electronics Up 17% In Pre-market On Bagging US Govt. Order

Shares of New York - headquartered Frequency Electronics (FEIM) have risen almost 17 percent in pre-market trade after it announced the award of a contract by the Office of Naval Research, to develop the Pulsed Optically-Pumped Rubidium Atomic Frequency Standard (POPRAFS) for US Government applications.

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Thor Industries Q4 Results Top Estimates - Quick Facts

Thor Industries, Inc. (THO), manufacturer of recreational vehicles, reported Tuesday that net income attributable to the company for the fourth quarter almost doubled to $230.28 million or $4.12 per share from $119.17 million or $2.14 per share in the prior-year quarter.

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Thursday, September 23, 2021

Darden Restaurants Boosts FY22 Outlook - Quick Facts

While reporting financial results for the first quarter on Thursday, restaurant company Darden Restaurants, Inc. (DRI) raised its earnings and sales guidance for the full year 2022. The company also reported blended same-restaurant sales increase of 47.5% and the addition of 34 net new restaurants in the first quarter.

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Accenture Guides FY22 Above Estimates; Raises Dividend 10% - Quick Facts

While reporting financial results for the fourth quarter on Thursday, professional services company Accenture Plc (ACN) initiated earnings and revenue growth outlook for the full-year 2022, above analysts' estimates and also provided revenue outlook for the first quarter.

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Wednesday, September 22, 2021

General Mills Q1 Profit Beats Estimates; Reaffirms FY22 Targets

General Mills (GIS) said its first-quarter top- and bottom-line results were ahead of its expectations. The company also reaffirmed its fiscal 2022 outlook. Looking forward, General Mills anticipates changes in consumer behaviors driven by the COVID-19 pandemic will result in ongoing elevated consumer demand for food at home, relative to pre-pandemic levels. The company plans to capitalize on these opportunities.

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Tuesday, September 21, 2021

Cracker Barrel Q4 Comp Sales Decline 6.8% Over Q4 2019 - Quick Facts

While reporting financial results for the fourth quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) reported that comparable store restaurant sales decreased 6.8%, while comparable store retail sales increased 18.2%, both over the fourth quarter of fiscal 2019.

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AutoZone Q4 Results Top Estimates - Quick Facts

Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the third quarter increased to $785.77 million or $35.72 per share from $740.46 million or $30.93 per share in the year-ago quarter.

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Apogee Enterprises Guides FY22 Adj. EPS In Line With Estimates; Q2 Results Top View - Quick Facts

While reporting financial results for the second quarter on Tuesday, Apogee Enterprises, Inc. (APOG) provided adjusted earnings guidance for the full-year 2022, in line with analysts' estimates.

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Friday, September 17, 2021

Progressive Corp. Slips To Slight Loss In August - Quick Facts

Insurer Progressive Corp. (PGR) reported Friday a net loss for the month of August of $6.6 million or $0.02 per share, compared to net income of $487.4 million or $0.83 per share in the prior-year month.

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Friday, September 10, 2021

Kroger Co. Q2 Profit Beats Estimates, Raises 2021 Guidance

The Kroger Co. (KR) reported an increase in adjusted profit for the second-quarter that also topped Wall Street estimates. Excluding fuel, sales decreased 0.4% year-on-year. For fiscal 2021, Kroger Co. projects adjusted identical sales to decline in a range of 1.5% to 1.0%. The company remains confident in its ability to deliver total shareholder returns of 8% to 11% over time.

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Thursday, September 9, 2021

Lovesac Swings To Profit In Q2 - Quick Facts

Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, on Thursday reported net income for the second quarter of $8.45 million or $0.52 per share, compared to a net loss of $1.11 million or $0.08 per share in the prior-year quarter.

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Tuesday Morning Loss Sharply Narrows In Q4; Appoints Jennifer Robinson CFO - Quick Facts

Off-price retailer Tuesday Morning Corp. (TUES), which emerged from Bankruptcy in April, provided Thursday condensed operation results for the fourth quarter of fiscal 2021 for the lack of comparability to the fourth quarter of fiscal 2020, due to actions related to bankruptcy filing as well as the impact from temporary store and distribution center closures related to Covid-19.

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Wednesday, September 8, 2021

Lululemon Athletica Results Trounce Street View, Lifts FY Outlook; Shares Jump 10%

Shares of Lululemon Athletica Inc. (LULU) jumped over 10% in extended trading session on Wednesday after the company reported a second-quarter profit that surged from a year ago, driven largely by strong revenues. Both earnings and revenues for the three-month period trumped Wall Street estimates. Moving ahead, the yoga apparel retailer lifted its outlook for the full year

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Korn Ferry Guides Q2 Well Above Estimates - Quick Facts

While reporting financial results for the first quarter on Wednesday, consulting firm Korn Ferry (KFY) provided earnings and fee revenue guidance for the second quarter of fiscal 2022, well above analysts' estimates.

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Thursday, September 2, 2021

American Eagle Outfitters Turns To Profit In Q2; Revenues Miss View

American Eagle Outfitters Inc. (AEO) reported a profit for the second-quarter compared to a loss in the prior year. Quarterly net revenues increased 35 percent, while store revenue increased 73 percent. Revenue for the quarter missed analysts' expectations.

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G-III Apparel Boosts FY22 Outlook As Q2 Results Top Estimates - Quick Facts

While reporting financial results for the second quarter on Thursday, G-III Apparel Group, Ltd. (GIII) provided earnings and net sales guidance for the third quarter and raised its earnings and net sales forecast for the full-year 2022.

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Brady Corp. Guides FY22 Adj. EPS In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter on Thursday, Brady Corp. (BRC) initiated its earnings guidance for the full-year 2022, in line with analysts' expectations.

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Donaldson Guides FY22 Adj. EPS Well Below Estimates - Quick Facts

While reporting financial results for the fourth quarter on Thursday, Donaldson Co. Inc. (DCI) initiated its earnings and sales growth guidance for the full-year 2022.

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Hormel Foods Boosts FY21 Net Sales Outlook, While Trimming EPS - Quick Facts

While reporting financial results for the third quarter on Thursday, branded food company Hormel Foods Corp. (HRL) raised net sales guidance for the full-year 2021, while trimming annual earnings outlook.

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Wednesday, September 1, 2021

Vera Bradley Trims FY22 Outlook As Q2 Results Miss Estimates - Quick Facts

While reporting financial results for the second quarter on Wednesday, Vera Bradley, Inc. (VRA) trimmed its earnings and revenue guidance for the full-year 2022, based on the second quarter performance and certain industry and economic headwinds.

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Campbell Soup Q4 Profit Beats Estimates; Issues FY22 Outlook

Campbell Soup Company (CPB) reported fourth-quarter profit that topped Wall Street estimates. Organic net sales declined 4% year-on-year, driven by a 5% decrease in volume and mix primarily as a result of cycling both the elevated demand in food purchases for at-home consumption and the partial retailer inventory recovery in the prior year. Looking forward, Campbell Soup issued fiscal 2022 guidance, and said it expects the first quarter to be the most challenging. Also, the Board of Directors approved a $500 million strategic share repurchase program.

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Brown-Forman Backs FY22 Sales Growth Outlook - Quick Facts

While reporting financial results for the first quarter on Wednesday, Brown-Forman Corp. (BFA, BFB) said it still anticipates mid-single digit growth in underlying net sales and operating income for the full-year 2022.

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Daktronics Q1 Profit Halves - Quick Facts

Daktronics Inc. (DAKT) reported Wednesday first quarter net income of $3.69 million or $0.08 per share, down from $7.47 million or $0.17 per share in the prior-year quarter.

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