Streetbeat News

Earnings

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

LOVE

Lovesac expects FY24 net sales of $700M-$740M, with EPS of $1.83-$2.24, in line with consensus estimates of $729.08M and $2.09 respectively.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:08 am

UNFI

United Natural Foods (UNFI) has lowered its FY23 adjusted EPS guidance from $3.05-$3.90 to $1.80-$2.30, compared to the estimated $3.32.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:06 am

VBNK

VersaBank reported Q2 earnings of $0.28 per share, a 116.15% increase YoY, and sales of $19.74 million, a 34.18% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:06 am

UNFI

United Natural Foods (UNFI) has lowered its profitability outlook for FY23 due to supply chain disruptions and inflationary pressures.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 11:05 am