Streetbeat News

Revenues

NKE

Nike's inventories have decreased by 11%, now totaling $7.5 billion. This reduction in inventory levels could indicate improved supply chain management and better alignment with consumer demand.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:16 pm

GWH

ESS Tech has secured a $50 million financing package from the Export-Import Bank of the United States under the Make More In America initiative. This funding will help ESS expand its manufacturing capabilities, achieve cost efficiencies, and accelerate deployments.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:15 pm

PNST

Pinstripes expects FY25 same store sales growth in low single digits and adjusted EBITDA of $19M - $21M.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:12 pm

PNST

Pinstripes reported a 0.4% increase in same-store sales for Q4.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:11 pm

DLNG

Dynagas LNG Partners (NYSE:DLNG) reported Q1 earnings of $0.25 per share, missing the analyst estimate of $0.30. However, sales of $38.05M beat the $37.91M estimate. Earnings increased by 150% year-over-year, while sales grew by 2.13%.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:09 pm

KRUS

Kura Sushi reported preliminary Q3 total sales of $63.1 million, missing the estimate of $65.39 million. The company also provided FY24 total sales guidance of $235 million to $237 million, below the estimate of $245.74 million.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:07 pm

AOUT

American Outdoor Brands (NASDAQ:AOUT) reported Q4 sales of $46.3 million, beating the analyst consensus estimate of $43.147 million by 7.31%. This represents a 9.71% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:07 pm

ACCD

Accolade (ACCD) has provided forward-looking guidance for Q2 and FY25, with revenue expectations falling short of analyst estimates. Q2 revenue is projected between $104M-$106M vs. $113.18M estimated, and FY25 revenue is projected between $460M-$475M vs. $490.47M estimated. Adjusted EBITDA for Q2 is expected to be a loss between $8M-$10M, and for FY25, it is expected to be between $15M-$20M.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:06 pm

MMS

Maximus has been awarded an $87 million task order by the IRS for enterprise development and operations services.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:06 pm

FLR

Fluor has secured an EPCM services contract for Phase One of Northvolt's lithium-ion battery factory in Heide, Germany. Fluor will recognize its portion of the $4.8 billion project in Q2 2024, with completion scheduled for 2027.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:05 pm