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Revenues

LQDT

Liquidity Services reported Q3 2024 adjusted EPS of $0.30, beating the estimate of $0.26. Sales were $93.613 million, surpassing the expected $88.823 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:51 am

WRBY

Warby Parker has raised its 2024 guidance, now expecting net revenue between $757M and $762M, up from the prior range of $753M to $761M. The company anticipates a 13% to 14% growth in net revenue compared to 2023 and projects an adjusted EBITDA of $72.5M at the midpoint of the revenue range, with an adjusted EBITDA margin of 9.5%. Warby Parker is also on track to open 40 new stores this year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:51 am

SBH

Sally Beauty Holdings (NYSE:SBH) reported Q3 earnings of $0.45 per share, beating the analyst estimate of $0.40. Sales were $942.34 million, also surpassing the estimate of $931.68 million. Despite the beats, earnings decreased by 8.16% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:49 am

LLY

Eli Lilly has raised its 2024 full-year revenue guidance by $3 billion to a range of $45.4 billion to $46.6 billion, driven by strong performance of Mounjaro and Zepbound, as well as non-incretin medicines. The company has also improved clarity on production expansions and planned Mounjaro launches outside the U.S.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:49 am

DNUT

Krispy Kreme has provided its financial outlook for FY24, projecting adjusted EPS between $0.24 and $0.28, which is below the estimated $0.27. The company also expects revenue to be in the range of $1.650 billion to $1.685 billion, falling short of the estimated $1.785 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:49 am

UONE

Urban One reported a Q2 EPS of $(0.94), a significant decrease from $1.39 YoY. Sales also fell to $117.74M from $129.65M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:47 am

WMS

Advanced Drainage Systems (WMS) has provided its Q1 FY25 financial outlook, expecting net sales between $2.925 billion and $3.025 billion, and adjusted EBITDA between $940 million and $980 million. Capital expenditures are projected to be between $250 million and $300 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:47 am

LLY

Eli Lilly reported its Q2 2024 adjusted EPS of $3.92, significantly beating the estimate of $2.70. The company's sales also surpassed expectations, coming in at $11.303 billion compared to the estimated $9.949 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:46 am

USFD

US Foods Holding Corp. (USFD) reported Q2 2024 adjusted EPS of $0.93, in line with expectations, and sales of $9.70 billion, beating the $9.64 billion estimate. The company also provided long-term guidance for 2024-2028, expecting 3%+ comparable sales growth, 5%+ net restaurant growth, 8%+ system-wide sales growth, and adjusted operating income growth at least as fast as system-wide sales growth.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:46 am

DNUT

Krispy Kreme (NASDAQ:DNUT) reported Q2 2024 adjusted earnings per share (EPS) of $0.05, meeting analyst expectations. The company also reported sales of $438.8 million, surpassing the $435.494 million estimate and marking a 7.32% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:45 am