Wednesday, September 7, 2022

Korn Ferry Q1 Adj. EPS Miss Estimates; Guides Q2 In Line With View

Consulting firm Korn/Ferry International, Inc. (KFY) reported on Wednesday a profit for the first quarter that edged up from last year, driven a 17 percent increase in fee revenue, partially offset by higher operating expenses. Adjusted earnings per share missed analysts' expectations by a penny, while quarterly revenues topped it. The company also provided guidance for the second quarter.

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Academy Sports And Outdoors Boosts FY22 Earnings Outlook As Q2 Adj. EPS Tops Estimates

Academy Sports and Outdoors, Inc. (ASO) on Wednesday reported that net income for the second quarter declined to $188.8 million or $2.22 per share from $190.5 million or $1.99 per share in the prior-year quarter.

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REV Group Q3 Net Profit More Plunges; Trims FY22 Sales Outlook

REV Group, Inc. (REVG), a manufacturer of specialty vehicles, on Wednesday reported that net income for the third quarter plunged to $9.5 million or $0.16 per share from $23.7 million or $0.36 per share in the prior-year quarter.

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Thursday, September 1, 2022

Campbell Soup Q4 Profit Plunges, But Results Meet Estimates

Campbell Soup reported on Thursday a profit for the fourth quarter that plunged from last year, hurt by higher costs and expenses amid industry-wide inflation and supply constraints. Both adjusted earnings per share and net sales for the quarter met analysts' estimates. The company also initiated financial guidance for the full-year 2023.

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Genesco Q2 Adj. EPS Tops Estimates; Slashes FY23 Outlook

Specialty retailer Genesco, Inc. (GCO) on Thursday reported that net earnings for the second quarter declined to $7.64 million or $0.59 per share from $10.94 million or $0.75 per share in the prior-year quarter.

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Campbell Issues FY23 Guidance; Projects Organic Net Sales Growth In Range Of 4%-6%

While reporting fourth-quarter results on Thursday, Campbell Soup Company (CPB) issued fiscal 2023 guidance reflecting the expectation for continued elevated consumer demand for its brand portfolio. The company expects sales growth in both divisions. From continuing operations, the company projects adjusted EPS in a range of $2.85 to $2.95. Organic net sales is projected to increase in a range of 4% to 6%. Campbell noted that it remains on track to deliver savings of $1 billion by the end of fiscal 2025.

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Build-A-Bear Workshop Reaffirms FY22 Revenue, EBITDA Outlook - Update

While reporting financial results for the second quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) reaffirmed its revenue and EBITDA guidance for the full-year 2022.

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