Streetbeat News

Earnings

VRA

Vera Bradley reported Q1 adjusted losses of $(0.09) per share, beating the $(0.20) estimate by 55%. However, sales of $94.36M missed the $99.67M estimate by 5.33%. This represents a 52.63% increase in losses and a 4.16% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:03 pm

OLLI

Ollie's Bargain Outlet has raised its FY23 net sales guidance from $2.036B-$2.058B to $2.052B-$2.067B, surpassing the consensus estimate of $2.04B.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:38 am

OLLI

Ollie's Bargain Outlet has raised its FY23 adjusted EPS guidance from $2.49-$2.58 to $2.56-$2.65, with a consensus of $2.56.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:36 am

OLLI

Ollie's Bargain Outlet reported Q1 adjusted earnings of $0.49 per share, beating the analyst consensus estimate of $0.48 by 2.08%. Sales reached $459.15M, surpassing the estimate of $451.35M by 1.73%. This represents a 145% increase in earnings and a 12.91% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:31 am

UNVR

Univar Solutions reported that de-stocking impacted the company's Q4 2022 and Q1 2023 results, but has generally abated in Q2 2023.

Portfolio Pulse from Charles Gross

June 07, 2023 | 11:28 am

JILL

J.Jill expects Q2 revenues to decline in mid-single-digits YoY, with adjusted EBITDA of $26M-$31M. For fiscal 2023, the company anticipates annual adjusted EBITDA dollars to be down mid-single digits compared to fiscal 2022, including a $2 million benefit from the 53rd week. Total capital expenditures are expected to be around $18 million, with a flat store count by the end of fiscal 2023.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:24 am

CPB

Campbell Soup Company reaffirms its FY23 guidance, projecting net sales growth of 8.5%-10% and adjusted EPS of $2.95-$3.00, slightly below the $3.01 estimate.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:23 am

CPB

Campbell Soup reported Q3 earnings of $0.68 per share, beating estimates of $0.65, but sales of $2.23B missed estimates by 0.04%. This represents a 2.86% decrease in earnings and a 4.65% increase in sales compared to last year.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:17 am

W

Wayfair reports QTD gross revenue is strengthening, now trending in the negative mid single digit percentage range YoY. The improvement is driven by total order growth turning positive YoY, offsetting lower average order values and deflation impact.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:12 am

LOVE

Lovesac expects Q2 net sales to be between $149M-$151M, slightly below the consensus estimate of $151.82M. The company also anticipates an EPS of $(0.12)-$(0.16).

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:10 am