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Revenues

EWQ

France's Consumer Spending for October decreased by 0.9%, which is a larger drop than the estimated 0.2% and a decline from the prior 0.2% increase.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 7:47 am

CBRL

DELL

KR

LZB

NTNX

U.S. stock futures are trading higher, with investor focus on earnings reports from The Kroger Co. (KR), La-Z-Boy Incorporated (LZB), Dell Technologies Inc. (DELL), Nutanix, Inc. (NTNX), and Cracker Barrel Old Country Store, Inc. (CBRL). Kroger is expected to report earnings of $0.90 per share on revenue of $33.91 billion. La-Z-Boy reported higher earnings and increased its dividend by 10%, with shares rising 2.5%. Dell is anticipated to post earnings of $1.46 per share on revenue of $23.02 billion. Nutanix reported better-than-expected results and raised its FY24 revenue guidance, leading to an 8.5% share increase. Cracker Barrel is expected to report earnings of $0.75 per share on revenue of $826.21 million.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 7:19 am

EWG

Germany's Retail Sales for October showed a significant increase of 1.1%, surpassing the estimated 0.4% and rebounding from the previous month's decline of -0.8%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 7:00 am

YY

JOYY Inc. forecasts its Q4 2023 net revenues to range from $551M to $579M, compared to the consensus estimate of $566.43M. The company's outlook is based on current market conditions and business strategies, but acknowledges potential changes due to macroeconomic uncertainties.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:44 am

YY

JOYY Inc. reported mixed results in its Q3 2023 operational highlights. Bigo Live's average mobile MAUs rose by 14.0% YoY to 40.3 million, while Likee and Hago saw declines due to reduced ad spending on user acquisition, with Likee dropping to 41.0 million from 50.6 million, and Hago to 5.0 million from 7.6 million. Overall, global average mobile MAUs increased by 2.6% to 276.8 million. The total number of paying users for BIGO services grew by 6.6% to 1.61 million, but the average revenue per paying user slightly decreased to US$253.4 from US$259.8.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:35 am

EWA

Australia's Building Approvals for October showed a significant increase of 7.5% month-over-month, surpassing the estimated 1.4%. This is a notable rebound from the previous month's revised figure of -4%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 5:53 am

AYRWF

HITI

New York's cannabis retail landscape is expanding with new dispensaries opening, including Dazed Cannabis in Union Square and Good Grades in Queens. The Shinnecock Indian Nation opened Little Beach Harvest, a tribally-owned dispensary in Southampton. In Ohio, AYR Wellness Inc. opened AYR Dispensary Dayton, capitalizing on the state's recent legalization of adult-use cannabis. High Tide Inc. continues its expansion in Canada, opening two more Canna Cabana stores and acquiring assets in Vancouver.

Portfolio Pulse from Jelena Martinovic

November 30, 2023 | 1:39 am

CNTMF

Cansortium Inc. (OTCQB:CNTMF), operating as FLUENT, reported a 14% increase in Q3 2023 revenue to $25.3M, with Florida sales up 17%. Adjusted EBITDA decreased due to higher salaries and lower average ticket per transaction, despite more customer transactions. The company opened a new store in Florida, with plans for another by year-end and a delivery center in Houston in early 2024. As of September 30, 2023, Cansortium had $12.1M in cash and $60.3M in debt. The stock price fell 20.41% to $0.078 per share.

Portfolio Pulse from Joana Scopel

November 29, 2023 | 10:10 pm

PSTG

Pure Storage Inc (NYSE:PSTG) reported Q3 earnings with mixed results, missing revenue estimates but beating EPS expectations. The company's revenue increased by 13% year-over-year, with subscription services revenue up 26%. Despite positive cash flow and a strong cash position, the stock dropped after hours due to weaker-than-expected Q4 and full-year 2024 revenue guidance. Management is set to discuss the results in a conference call.

Portfolio Pulse from Adam Eckert

November 29, 2023 | 10:09 pm

LZB

La-Z-Boy anticipates Q3 sales to range between $515M-$535M, aligning closely with the consensus estimate of $533.06M. The company predicts ongoing challenging consumer trends in its industry and is planning accordingly for the third quarter of fiscal 2024.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:08 pm