Capri Holdings Guides FY24 EPS Above Estimates - Update

While reporting financial results for the fourth quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) initiated its earnings and revenue guidance for the first quarter and full-year 2024.

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National Bank Of Canada Q2 Results Miss Estimates; Boosts Dividend 5%

National Bank of Canada (NA.TO) reported Wednesday that second-quarter net income decreased to C$847 million or C$2.38 per share from C$889 million or C$2.53 per share in the prior-year quarter.

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Big Lots Suspends Dividend - Update

While reporting financial results for the first quarter on Thursday, discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the second quarter.

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Best Buy, Dollar Tree Q1 Earnings Top Estimates

Retailers Best Buy Co., Inc. (BBY) and Dollar Tree Inc. (DLTR) reported on Thursday profits for the first quarter that decreased from last year, but results topped analysts' estimates. However, net sales missed estimates. Best Buy maintained its guidance for the full-year 2023, while Dollar Tree slashed its earnings outlook for the full-year 2023.

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Best Buy: Sales Align Closer To Midpoint Of Annual Comparable Sales Guidance

Best Buy Co., Inc. (BBY) said its first quarter sales results are in line with the expectations it shared in March and profitability was better than expected. The company maintained the full year guidance.

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Medtronic Guides FY24 Adj. EPS Below View: Boosts Dividend - Update

While reporting financial results for the fourth quarter on Thursday, medical devices maker Medtronic plc. (MDT) initiated adjusted earnings guidance for the full-year 2024, below analysts' estimates.

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Abercrombie & Fitch, Kohl's Q1 Results Top Estimates, While Children's Place Missed

U.S. retailers Abercrombie & Fitch Co. (ANF) and Kohl's Corp. (KSS) reported on Wednesday results for the first quarter that topped analysts' estimates, with Abercrombie & Fitch raising its outlook for the full-year 2023 and Kohl's affirming its guidance for fiscal 2023.

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Children's Place Slashes FY23 Outlook As Q1 Results Miss Estimates; Stock Down 16%

Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Wednesday a net loss for the first quarter of $28.83 million or $2.33 per share, compared to net income of $19.83 million or $1.43 per share in the prior-year quarter.

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Lowe's, BJ's Wholesale, DICK's Sporting Report Q1 Profits

Retailers Lowe's Cos. Inc. (LOW), BJ's Wholesale Club Holdings Inc. (BJ) and DICK'S Sporting Goods, Inc. (DKS) reported profits for the fourth quarter, with Lowe's and DICK'S Sporting topping estimates, while BJ's met it. DICK'S Sporting and BJ's also reaffirmed their respective guidance for the full-year 2023, while Lowe's trimmed it.

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Williams-Sonoma Q1 Adj. EPS Tops Estimates

Luxury home furnishing retailer Williams-Sonoma Inc. (WSM) reported Tuesday first-quarter net earnings of $156.53 million or $2.35 per share, down from $254.11 million or $3.50 per share in the prior-year quarter.

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BJ's Wholesale Club Holdings Q1 Profit Matches Estimates; Total Revenues Up 5.0%

BJ's Wholesale Club Holdings, Inc. (BJ) said the company reported a record first quarter in net income and adjusted EBITDA, showing the power of its business model and the warehouse club channel. Comparable club sales, excluding gasoline sales, increased by 5.7% year-over-year. Looking forward, the company said its fiscal 2023 outlook on its business remains unchanged given the sustained strength in grocery business and the gains in market share.

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Ford Reiterates 2023 Expectations

Ford (F) reiterated its expectations for full-year 2023 adjusted EBIT of $9 billion to $11 billion and adjusted free cash flow of about $6 billion. The company continues to anticipate EBIT of about $7 billion for Ford Blue, up modestly from 2022, and approaching $6 billion for Ford Pro, nearly double last year, and a full-year loss of about $3 billion for the startup Ford Model e.

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Foot Locker Slashes FY23 Outlook As Q3 Results Miss Estimates; Stock Down 23%

Specialty athletic retailer Foot Locker, Inc. (FL) reported Friday a first-quarter net income of $36 million or $038 per share, sharply lower than $133 million or $1.37 per share in the prior-year quarter.

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Walmart Q1 Profit Declines, But Results Top Estimates

Retail giant Walmart Inc. (WMT) reported Thursday a profit for the first quarter of fiscal 2024 that declined 18.5 percent from last year, hurt by steep net losses on equity and other investments. However, both adjusted earnings per share and quarterly revenues topped analysts' expectations. The retailer also raised its guidance for the full-year 2024.

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Charles River Labs Boosts FY23 Outlook As Q2 Results Top Estimates

While reporting financial results for the first quarter on Thursday, Charles River Laboratories International, Inc. (CRL) raised its adjusted earnings, revenue growth and organic revenue growth guidance for the full-year 2023, to reflect the strong first-quarter financial performance and expectations for the remainder of the year that are largely consistent with its initial outlook.

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EasyJet Plc H1 Headline Pretax Loss Narrows; Total Revenue Up 80%

easyJet plc (ESYJY.PK, EZJ.L) reported that its first half loss before tax narrowed to 415 million pounds from a loss of 557 million pounds, prior year. Basic loss per share was 40.9 pence compared to a loss of 57.2 pence. Headline loss before tax was 411 million pounds compared to a loss of 545 million pounds, last year.

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Target, TJX Q1 Earnings Top Estimates

Discount retailer Target Corp. and off-price retailer TJX Cos. Inc. reported Wednesday a profit for the first quarter that topped analysts' estimates. Profit declined 5.8 percent at Target, reflecting higher expenses and provision for income taxes, despite a 0.6 percent growth in revenues. Profit at TJX surged from last year, driven by improved gross margins and revenue growth.

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TJX Companies Boosts FY24 Earnings Outlook - Update

While reporting financial results for the first quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings outlook for the second quarter, while raising its earnings guidance for the full-year 2024.

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Target Maintains FY23 Outlook - Update

While reporting financial results for the first quarter on Wednesday, discount retailer Target Corp. (TGT) maintained its earnings, adjusted earnings and comparable sales guidance for the full-year 2023. The company also provided outlook for the second quarter.

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Home Depot Cuts FY23 Outlook; Stock Down In Premarket - Update

Home improvement retailer Home Depot, Inc. (HD), while reporting weak first-quarter results on Tuesday, updated its earnings and sales forecast for fiscal 2023, expecting further decline.

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Vodafone FY23 Adj. EBITDAaL Down, Sees Broadly Flat Result In FY24; Stock Dips

Shares of Vodafone Group Plc were losing around 4 percent in the morning trading in London as well as in pre-market activity on Nasdaq after the British telecom major reported Tuesday lower adjusted EBITDAaL, a key earnings metric, in its fiscal 2023. This was despite reporting significantly higher net profit, largely reflecting a gain on disposal of Vantage Towers.

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Imperial Brands H1 Profit Rises; On Course To Meet FY Guidance

Imperial Brands PLC (IMB.L, IMBBF.PK, IMBBY.PK) reported that its first half profit before tax increased to 1.44 billion pounds from 1.26 billion pounds, prior year. Earnings per share was 116.1 pence compared to 104.8 pence. Adjusted operating profit increased to 1.72 billion pounds from 1.60 billion pounds, last year. Adjusted earnings per share was 118.5 pence compared to 113.0 pence.

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Mitsubishi UFJ Financial FY2022 Profit Declines

Mitsubishi UFJ Financial (MTU) Monday reported a decline in full-year 2022 profits attributable to owners of the parent. Looking ahead to the full year 2023, the company expects an increase in profits.

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Crescent Point Energy Q1 EPS Meets View

Crescent Point Energy Corp. (CPG, CPG.TO) reported Friday that net income for the first quarter plunged to C$216.7 million or C$0.39 per share from C$1.18 billion or C$2.03 per share in the prior-year quarter.

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Allianz Q1 Profit Surges, Backs FY23 View

Allianz SE, a German financial services provider, reported Friday significantly higher profit in its first quarter with increased business volume in Property-Casualty business segment, despite weakness in both Life/Health insurance and Asset Management. Further, the company maintained its outlook for fiscal 2023 operating profit.

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Charles River Labs Boosts FY23 Outlook As Q2 Results Top Estimates

While reporting financial results for the first quarter on Thursday, Charles River Laboratories International, Inc. (CRL) raised its adjusted earnings, revenue growth and organic revenue growth guidance for the full-year 2023, to reflect the strong first-quarter financial performance and expectations for the remainder of the year that are largely consistent with its initial outlook.

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Dillard's Q1 Results Down; Adj. EPS, Sales Beat View; Stock Down In Premarket

Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that its first-quarter net income fell to $201.5 million from last year's $251.1 million. Earnings per share were $11.85, compared to $13.68 last year.

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ThyssenKrupp Stock Down On Q2 Loss, Weak Orders And Outlook

Shares of ThyssenKrupp AG were losing around 2 percent in the morning trading in Germany after the industrial engineering and steel company reported Thursday a loss in its second quarter, compared to profit year's profit, amid weak sales and orders. Looking ahead for fiscal 2023, the company continues to project lower earnings in a challenging environment with persistently high energy prices...

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Honda Motor FY Profit Declines; Sales Revenue Up 16.2%

Honda Motor Co. Ltd (HMC) reported that its fiscal year profit attributable to owners of the parent declined to 695.3 billion yen from 707.1 billion yen, previous year. Earnings per share was 409.87 yen compared to 411.09 yen.

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ING Q1 Profit Rises

ING (ING) reported that its first quarter net result increased to 1.59 billion euros from 429 million euros, prior year. Profit before tax increased 250.9% to 2.34 billion euros.

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Deutsche Telekom Q1 Adj. EBITDA AL Increases; Raises 2023 Guidance

Deutsche Telekom AG (DTEGY.PK) reported first quarter net profit from continuing operations after non-controlling interests of 15.36 billion euros compared to 3.95 billion euros, previous year. Earnings per share was 3.09 euros compared to 0.79 euros. Adjusted net profit was 2.0 billion euros, a decline of 12.5 percent from a year ago, mainly due to the interest effect in the measurement of liabilities and provisions. Adjusted earnings per share was 0.39 euros compared to 0.45 euros. Recurring earnings per share increased by 19.4 percent compared with the prior-year period to 37 cents.

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Brink's Company Increases 2023 Earnings Guidance

The Brink's Company (BCO) has increased its 2023 profit expectations to reflect further restructuring actions. EPS from continuing operations attributable to Brink's is now projected in a range of $6.45 - $7.15, revised from prior guidance range of $6.30 - $7.00.

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Icahn Enterprises Slips To Loss In Q1

Icahn Enterprises L.P. (IEP) reported Wednesday a net loss attributable to Icahn Enterprises for the first quarter of $270 million or $0.75 per depositary unit, compared to net income of $323 million or $1.06 per depositary unit in the prior-year quarter.

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Macerich Posts Wider Loss In Q1; Lowers 2023 Earnings Guidance

The Macerich Company (MAC) posted a first-quarter net loss attributable to company of $58.7 million or $0.27 per share, compared to a loss of $37.2 million or $0.17 per share, prior year. On average, six analysts polled by Thomson Reuters expected the company to report a loss per share of $0.07, for the quarter. Analysts' estimates typically exclude special items.

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E.ON Q1 Adj. Profit Rises, Sales Up 14%; Confirms 2023 Forecast

E.ON (EONGY.PK) said its business performance in the first quarter of 2023 was very positive. The company said the good earnings performance resulted from investment-driven growth, the recovery of the energy market environment and recovery effects in the Energy Network business.

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Hain Celestial Trims FY23 Sales Outlook As Q2 Results Miss Estimates: Stock Down 14%

While reporting financial results for the third quarter on Tuesday, organic and natural products company Hain Celestial Group, Inc. (HAIN) trims its adjusted net sales growth guidance for the full year 2023.

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Perrigo: Murray Kessler To Retire; Delivers Double-digit Top Line Growth In Q1, Reaffirms Outlook

Perrigo Company plc (PRGO) announced that Murray Kessler has notified the company of his intent to retire as President and Chief Executive Officer, with a target effective date of July 31, 2023.

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Fresenius SE & Co. Q1 Profit Declines, Revenue Up 5%; Confirms FY23 Guidance

Fresenius SE & Co. KGaA (FSNUF.PK, FSNPF.PK) announced its first-quarter reported Group net income decreased to 346 million euros from 413 million euros, previous year. Reported earnings per share was 0.61 euros compared to 0.74 euros. Group net income before special items decreased by 16%, or 17% in constant currency, to 389 million euros. The company said the decrease was driven by cost inflation and the negative earnings development at Fresenius Vamed. Earnings per share before special items decreased to 0.69 euros from 0.83 euros. Excluding Fresenius Medical Care, Group net income before special items decreased by 14%, or 16% in constant currency, to 341 million euros.

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Tyson Foods Slips To Loss In Q2, Cuts FY23 Sales View; Stock Down In Premarket

Tyson Foods, Inc. (TSN) reported Monday that its second-quarter net loss attributable to the company was $97 million, compared to last year's profit of $829 million.

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Viatris Reaffirms FY23 Revenue Outlook, Declares Dividend - Update

While reporting financial results for the first quarter on Monday, healthcare company Viatris Inc. (VTRS) reaffirmed its total revenue guidance for the full-year 2023.

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TreeHouse Foods Reaffirms FY23 Outlook; Q4 Results Top View

While reporting financial results for the first quarter on Monday, food and beverage maker TreeHouse Foods, Inc. (THS) reaffirmed its net sales growth and adjusted EBITDA guidance for the full-year 2023.

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DISH Network Q1 Results Down, Miss Estimates; Stock Down In Premarket

DISH Network Corp. (DISH) reported Monday that its first-quarter net income attributable to the company totaled $222.713 million, down from $432.65 million in the year-ago quarter.

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Dominion Energy Guides Q2 Operating EPS Below Estimates - Update

While reporting financial results for the first quarter on Friday, Dominion Energy, Inc. (D) provided operating earnings guidance for the second quarter in a range of $0.58 to $0.68 per share.

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Adidas Posts Loss In Q1; Currency-neutral Revenues Flat With Prior-year Level

adidas (ADDYY.PK, ADDDF.PK) posted a first-quarter loss from continuing operations of 24 million euros compared to profit of 310 million euros, previous year. Loss per share from continuing operations was 0.18 euros compared to profit of 1.60 euros.

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Lancaster Colony Swings To Profit In Q3

Food company Lancaster Colony Corp. (LANC) on Thursday reported net income for the third quarter of $24.56 million or $0.85 per share, compared to a net loss of $4.48 million or $0.17 per share in the year-ago quarter.

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Hyatt Hotels Turns To Profit In Q1; Adj. EPS Miss Estimates; Stock Down In Premarket

Hyatt Hotels Corp. (H) reported Thursday that its first-quarter net income was $58 million, compared to net loss of $73 million a year ago. Earnings per share was $0.53, compared to loss of $0.67 last year.

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Arconic To Go Private In $5.2 Bln Deal With Apollo Funds; Stock Up In Pre Market

Arconic Corp. (ARNC), a provider of aluminum sheet, plate, and extrusions, announced Thursday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (APO) in an all-cash transaction. The deal values Arconic at an enterprise value of approximately $5.2 billion.

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Lamar Advertising Q1 Earnings Down, Misses Estimates

Lamar Advertising Co. (LAMR) Thursday announced a sharp decline in first-quarter earnings, despite an increase in revenues. On a per-share basis, earnings missed estimates.

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Northwest Natural Holding Q1 Net Income Rises; Operating Revenues Up 32%

Northwest Natural Holding Company (NWN) reported first quarter net income of $71.7 million or $2.01 per share, compared to $56.2 million or $1.80 per share, prior year. On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $1.90, for the quarter. Analysts' estimates typically exclude special items.

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Henkel Q1 Sales Up 6.6% Organically; Confirms 2023 Outlook

Henkel (HENOY.PK, HENKY.PK) said it had a good start to the year despite a continuously challenging market environment. The growth was driven by very strong sales increases in both business units. Looking forward, the company affirmed guidance for 2023.

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Griffon Slips To Loss In Q2, Revenue Misses Estimates; Cuts FY23 Revenue View

Griffon Corp. (GFF) Wednesday reported net loss for the second quarter compared to profit last year. Revenues were down 9 percent from the previous year.

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Standard Motor Products Q1 Results Top Estimates

Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the first quarter plunged to $12.70 million or $0.57 per share from $20.56 million or $0.87 per share in the prior-year quarter.

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Darden Restaurants To Buy Ruth's Hospitality For $715 Mln In Cash; RUTH Stock Up In Premarket

Darden Restaurants, Inc. (DRI) announced Wednesday a definitive merger agreement to acquire Ruth's Hospitality Group, Inc. (RUTH) in an all-cash transaction with an equity value of around $715 million.

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Kraft Heinz Boosts FY23 Adj. EPS Outlook - Update

While reporting financial results for the first quarter on Wednesday, Kraft Heinz Co. (KHC) raised its adjusted earnings guidance for the full-year 2023, while reaffirming annual organic net sales growth outlook.

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NiSource Reaffirms FY23 Adj. EPS Outlook - Update

While reporting financial results for the first quarter on Wednesday, electric utility NiSource Inc. (NI) reaffirmed its adjusted net operating earnings guidance for the full-year 2023 in the range of $1.54 to $1.60 per share and growth of 6 to 8 percent through 2027.

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Merck Q1 Results Top Estimates; Boosts FY23 Outlook

Biopharmaceutical company Merck & Co., Inc. (MRK), known as MSD outside the U.S. and Canada, reported Thursday that first-quarter net income attributable to the company declined 35 percent to $2.82 billion or $1.11 per share from $4.31 billion or $1.70 per share in the prior-year quarter.

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DuPont Q1 Profit Down, Cuts FY23 View; To Buy Spectrum Plastics; Stock Down In Premarket

DuPont De Nemours & Co. (DD) reported Tuesday that its first-quarter profit declined from last year with weak net sales. Further, the company projects sequentially flat adjusted earnings and net sales in the second quarter. The company also adjusted fiscal 2023 outlook to reflect the delay in electronics recovery.

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Gartner Raises Guidance

Gartner, Inc. (IT) said it delivered strong first-quarter with double digit growth in contract value, revenue, adjusted EBITDA, and Adjusted EPS. Looking forward, the company increased guidance for 2023. Adjusted EPS is now expected to be $9.50, revised from previous guidance of $8.80. Total revenue is now projected to be $5.90 billion, revised from previous guidance of $5.86 billion.

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BP Posts RC Profit In Q1, Underlying RC Profit Down; Stock Dips

British energy major BP Plc reported Tuesday a replacement cost profit in its first quarter, compared to last year's hefty loss, while underlying replacement cost profit was lower as last year was benefited by surge in fuel prices following Russia's invasion of Ukraine. The company also announced a further $17.5 billion share buyback. BP shares were losing around 5 percent in the morning trading

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WEC Energy Reaffirms FY23 Earnings Outlook - Update

While reporting financial results for the first quarter on Monday, energy company WEC Energy Group (WEC) reaffirmed its earnings guidance for the full-year 2023 in the range of $4.58 to $4.62 per share, assuming normal weather for the remainder of the year.

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