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Revenues

QQQ

SPY

US retail sales in July 2023 grew by 0.7% month-on-month, surpassing the expected 0.4% increase. This marks the fourth consecutive month of growth. Nonstore retailers led the growth with a 1.9% surge. However, motor vehicle and parts dealers saw a 0.3% decline. The market reacted with a brief spike in the dollar before it fell back, and stocks are set for a weak opening. S&P 500 index futures are 0.7% lower, while Nasdaq 100 futures are 0.6% lower. The SPDR S&P 500 ETF Trust (NYSE:SPY) rose 0.55%, while the Invesco QQQ Trust (NASDAQ:QQQ) was up 1.12%.

Portfolio Pulse from Piero Cingari

August 15, 2023 | 12:57 pm

RMAX

RE/MAX announced its Q2 2023 franchise sales totals, with networkwide sales reaching 231, a 12% increase from Q1. The company also logged more than 200 new sales and renewed over 230 franchises. The sales activity reflects the market's needs, with many larger brokerages considering RE/MAX to scale and grow their businesses. The company has seen an uptick in conversions and team brokerages over the past few months.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:57 pm

MGOL

MGO Global has announced its Q2 revenue of $1.95 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:41 pm

EGIO

Edgio has projected its 2023 revenue to be between $392M and $398M, which is lower than the estimated $405.16M.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:39 pm

OSIS

OSI Systems has received a $14 million order to support the deployment of cargo and vehicle inspection systems. This could potentially increase the company's revenues and profitability.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:37 pm

SPY

USA retail sales for July have exceeded estimates, coming in at 3.17% year-on-year, compared to the 1.50% estimate and 1.49% prior.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:31 pm

SPY

Core Retail Sales for July have increased by 1.0%, surpassing the estimated 0.3%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:30 pm

SPY

Retail sales for July increased by 0.7%, surpassing the expected 0.4% and the prior 0.2%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:30 pm

STRW

Strawberry Fields REIT reported Q2 2023 results with AFFO of $13.4M, up from $13.3M YoY, and rental income of $24.3M, up from $21.8M. FFO was $12.7M and net income was $5.7M.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:24 pm

WKSP

Worksport Ltd. (NASDAQ:WKSP) reported YoY revenue growth for Q2 2023, attributed to the company's focus on establishing new sales channels. The company has started shipping soft-folding tonneau covers and has begun manufacturing hard-folding tonneau covers. Worksport is also preparing for the launch of the SOLIS Solar Cover and the COR Battery System. The company plans to increase its production capacities and is ramping up its engineering resources for the development of these new products.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:10 pm