Streetbeat News

Revenues

VIPS

Vipshop Holdings Limited (NYSE:VIPS) reported a 3.6% decline in Q2 sales, slightly above Wall Street expectations. Despite a rise in gross margin and profit, the stock fell due to a weak economic outlook and a projected revenue decline for Q3. The company announced a $1 billion share buyback program.

Portfolio Pulse from Anusuya Lahiri

August 20, 2024 | 10:58 am

MDT

Medtronic has increased its fiscal year 2025 organic revenue growth guidance to 4.5%-5%, up from the previous range of 4%-5%.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:48 am

MDT

Medtronic reported its Q1 2025 earnings, with adjusted EPS of $1.23 beating the estimate of $1.20, and sales of $7.915 billion surpassing the expected $7.893 billion.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:46 am

AS

Amer Sports has updated its guidance for FY24, projecting adjusted EPS of $0.40-$0.44, with revenue growth of 15-17% and a gross margin of approximately 54.5%. The company expects strong growth in its Technical Apparel segment.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:43 am

AS

Amer Sports reported Q2 2024 earnings of $0.05 per share, significantly beating the estimated loss of $(0.06). Sales reached $994 million, surpassing the $948.184 million estimate. This marks a substantial improvement from the previous year's performance.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:41 am

PINC

Premier (NASDAQ:PINC) reported strong Q4 results, with earnings per share of $0.69 beating estimates by 40.82% and sales of $350.27 million surpassing expectations by 11.83%. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:34 am

HTHT

H World Group anticipates a Q3 revenue growth of 2% to 5% year-over-year, or 1% to 4% excluding DH. The company has revised its hotel opening guidance for 2024, planning to open over 2,200 hotels, up from the previous estimate of 1,800.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:22 am

HTHT

H World Group reported Q2 adjusted earnings per ADS of $0.53, missing the $0.74 estimate, and sales of $846 million, missing the $956.48 million estimate. Despite missing estimates, earnings and sales increased compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:20 am

SGN

Signing Day Sports reported a Q2 EPS of $(0.08), an improvement from $(0.11) last year. Revenue increased to $0.20M from $0.12M in the prior year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:12 am

LOW

Lowe's reported a decline in Q2 comparable sales, attributed to reduced spending in DIY big-ticket items and unfavorable weather affecting seasonal and outdoor sales.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:07 am