Streetbeat News

Revenues

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

KBR

KBR has secured a $199 million cost-plus-fixed-fee contract to support the Naval Information Warfare Center Pacific PEO Digital Technical Director's Office. The contract is part of the DoDIAC's multiple-award contract vehicle and will be executed over five years in Charleston, SC, and San Diego, CA.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:03 am

LOW

Lowe's reported a 5.1% decrease in comparable sales for Q2, indicating potential challenges in its retail performance.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:02 am

LOW

Lowe's Companies reported Q2 2024 earnings per share of $4.10, beating the estimate of $3.99, but sales of $23.586 billion missed the $24.013 billion estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:01 am

XPEV

XPeng projects Q3 2024 vehicle deliveries between 41,000 and 45,000, marking a 2.5% to 12.5% YoY increase. Revenue is expected to be RMB9.1B to RMB9.8B, a 6.7% to 14.9% YoY rise, but below the RMB10.50B estimate.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 9:39 am

XPEV

XPeng reported its Q2 financial results with an adjusted EPADS of $(0.18), which was in line with expectations. However, its sales of $1.12 billion missed the estimated $1.13 billion.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 9:36 am

XPEV

XPeng reported a 30.2% year-over-year increase in vehicle deliveries for Q2 2024, totaling 30,207 vehicles compared to 23,205 in Q2 2023.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 9:34 am

YRD

Yiren Digital reported a decrease in Q2 EPS to $0.65 from $0.82 YoY, while sales increased to $205.93M from $182.62M YoY.

Portfolio Pulse from totan@benzinga.com

August 20, 2024 | 9:19 am

YSG

Yatsen Holding (NYSE:YSG) reported a significant decline in its Q2 financial performance, with adjusted EPS dropping to $(0.09) from $(0.05) YoY and sales decreasing to $109.33M from $118.40M YoY.

Portfolio Pulse from totan@benzinga.com

August 20, 2024 | 9:19 am

VIPS

Vipshop Holdings reported its Q2 2024 financial results, showing a slight decline in net revenues and active customers compared to the previous year. Despite a stable GMV, the company saw a decrease in total orders and net income.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 9:08 am