Streetbeat News

Earnings

BBY

Best Buy expects a 3% decline in Q2 comparable sales and an adjusted operating income rate of approximately 3.5%.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:08 am

SPTN

SpartanNash has lowered its FY24 net sales outlook to $9.50B-$9.70B from the previous range of $9.70B-$9.90B, which is below the $9.73B estimate. However, the company has reiterated its adjusted EPS outlook at $1.85-$2.10, compared to the $2.00 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:08 am

BBY

Best Buy reaffirms its FY25 adjusted EPS guidance of $5.75 - $6.20 and revenue guidance of $41.3B - $42.6B. The company expects sequential improvement in comparable sales performance, trending towards the midpoint of its annual guidance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:07 am

DXLG

Destination XL Group (NASDAQ:DXLG) reported Q1 earnings per share (EPS) of $0.06, beating the analyst estimate of $0.04. However, sales of $115.49 million missed the $118.00 million estimate. EPS decreased by 45.45% year-over-year, and sales decreased by 7.93% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:06 am

KSS

Kohl's shares are trading lower following worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:04 am

SPTN

SpartanNash (NASDAQ:SPTN) reported Q1 2024 adjusted EPS of $0.53, beating the analyst estimate of $0.51. However, sales of $2.806 billion missed the $2.854 billion estimate and were down 3.47% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:03 am

RSVR

Reservoir Media (NASDAQ:RSVR) reported Q4 2024 earnings per share of $0.04, surpassing the analyst estimate of $0.01 by 300%. The company also reported sales of $39.145 million, beating the estimate of $35.364 million by 10.69% and showing a 12.45% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:03 am

CGC

Canopy Growth reported Q4 net revenue of C$72.788 million, beating the estimate of C$72.310 million. However, the EPS from continuing operations was a loss of C$(1.06).

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:03 am

KSS

Kohl's reported a 4.4% decline in comparable sales for Q1.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:03 am

ROIV

Roivant Sciences (NASDAQ:ROIV) reported Q4 2024 GAAP EPS of $(0.19), beating the estimate of $(0.32). However, sales of $28.930M missed the $32.101M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 11:02 am