Streetbeat News

Revenues

BURL

Burlington Stores has announced its Q2 adjusted EPS forecast to be between $0.83 and $0.93, compared to the estimated $0.91. The company also expects Q2 sales growth of 9% to 11%.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:53 am

BBW

Build-A-Bear Workshop reaffirms its fiscal 2024 outlook, expecting low-to-mid-single-digit revenue growth and mid-single-digit pre-tax income growth. The company plans to add at least 50 new experience locations and anticipates capital expenditures of $18-$20 million.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:50 am

MOV

Movado Group has reiterated its fiscal 2025 outlook, expecting net sales between $700 million and $710 million, gross profit of 55% of net sales, and operating income between $32 million and $35 million. The company also anticipates an effective tax rate of 22% and earnings per share (EPS) between $1.20 and $1.30, which is above the estimated $1.12.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:48 am

BURL

Burlington Stores (NYSE:BURL) reported strong Q1 earnings, with adjusted EPS of $1.35 beating estimates by 29.81% and sales of $2.36 billion surpassing expectations by 0.90%. This marks significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:48 am

BBW

Build-A-Bear Workshop (NYSE:BBW) reported Q1 2024 earnings per share of $0.82, missing the analyst estimate of $1.03 by 20.39%. Sales were $114.730 million, also missing the estimate of $120.578 million by 4.85%. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:47 am

MOV

Movado Group (NYSE:MOV) reported Q1 2025 earnings per share (EPS) of $0.13, beating the analyst consensus estimate of $0.12 by 8.33%. However, the company's sales of $136.669 million missed the analyst estimate of $145.200 million by 5.88%, and represented a 5.68% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:46 am

DIA

GLD

QQQ

SPY

USO

Global markets experienced mixed performance with U.S. stocks closing in red due to rising Treasury yields and uncertainty over Federal Reserve interest rate cuts. Asian markets also saw declines, while European markets showed slight gains. Crude oil prices fell below $80 again.

Portfolio Pulse from Akanksha Bakshi

May 30, 2024 | 10:42 am

F

TSLA

Chinese automakers are gaining ground in the UK, with BYD seeing a 2500% jump in registrations, while Tesla and Ford face declines. Increased competition and price wars are impacting the market, with Western nations considering tariffs to protect domestic players.

Portfolio Pulse from Anan Ashraf

May 30, 2024 | 10:40 am

BIRK

Birkenstock Holding shares are trading higher after the company reported strong Q2 earnings and raised its full-year revenue growth guidance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:40 am

PLTR

Palantir shares are trading higher after the company was awarded a $480 million Army contract for the Maven Smart System prototype.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:39 am