Streetbeat News

Revenues

PLCE

Children's Place has increased its FY23 revenue guidance from the range of $1.575 billion - $1.585 billion to a new range of $1.605 billion - $1.610 billion, which is in line with the analyst estimate of $1.610 billion.

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November 16, 2023 | 12:16 pm

PLCE

Children's Place, Inc. (PLCE) has projected its Q4 revenue to be between $460M and $465M, surpassing the estimated $437.92M by analysts.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:14 pm

ONEW

OneWater Marine Inc. forecasts FY24 same-store sales to increase by low to mid-single digits, despite a challenging macroeconomic environment. The company also projects its adjusted EBITDA to be between $130M and $155M.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:11 pm

WMT

Walmart reported a 4.7% increase in U.S. Q3 comparable sales excluding fuel, indicating a strong performance in the retail sector.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:07 pm

ABBV

AbbVie has published detailed results in The Lancet on the efficacy, safety, and tolerability of UBRELVY (ubrogepant) 100 mg for treating migraines when taken during the prodrome phase of an attack. The findings could influence the use of UBRELVY in early treatment stages of migraines.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:04 pm

M

Macy's has updated its FY23 sales guidance to a range of $22.9B-$23.2B, slightly increasing the lower end from the previous guidance of $22.8B-$23.2B. This update is in comparison to a market consensus of $23.11B.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:00 pm

LASE

Laser Photonics Corporation has received an order for its CleanTech Laser Cleaning Systems from Santa Rosa Junior College. This order represents a new application of Laser Photonics' technology in the education sector, potentially opening up a new market segment for the company.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:59 am

M

Macy's reported a 7.0% decrease in Q3 comparable sales on an owned basis and a 6.3% decrease on an owned-plus-licensed basis. The company's gross margin rate improved by 160 basis points year-over-year to 40.3%, and merchandise inventories were reduced by 6% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:59 am

BV

BrightView Holdings, Inc. has provided a forecast for fiscal year 2024, expecting revenues to range between $2.825 billion and $2.975 billion. This projection is compared against an estimated revenue of $2.91 billion.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:22 am

TBPH

Theravance Biopharma announced it will present new data on Ampreloxetine at the 34th International Symposium on the Autonomic Nervous System. This event could provide insights into the drug's efficacy and potential market impact.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:11 am