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LE

Lands' End has revised its fiscal year 2024 financial outlook, lowering its net revenue forecast but raising its adjusted EPS forecast. The company expects mid-to-high single-digit growth in gross merchandise value and has provided updated figures for net income, adjusted net income, adjusted EBITDA, and capital expenditures.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:53 am

LE

Lands' End has provided its financial expectations for Q3 of fiscal 2024, projecting net revenue between $300M and $340M, and adjusted EPS between $0.00 and $0.10. The company anticipates mid-to-high single-digit growth in Gross Merchandise Value and adjusted EBITDA between $19M and $23M.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:49 am

UTZ

Utz Brands reported that consumption trends in Q3 have moderated more than expected due to a competitive promotional environment.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:36 am

AFMD

Affimed reported having €34.4 million in cash, cash equivalents, and investments as of June 30, 2024. The company projects its cash runway to extend into the second half of 2025 based on its current operating and financial plans.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:36 am

UTZ

Utz Brands has revised its FY24 organic net sales growth forecast to 2% - 2.5%, down from the previous expectation of approximately 3%. However, the company reaffirms its outlook for adjusted EPS growth.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:35 am

AFMD

Affimed reported its Q2 2024 financial results, with a GAAP EPS of €(1.01), missing the estimate of €(0.96). The company reported sales of €154,000, a significant decrease compared to $1.39 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:35 am

UTSI

UTStarcom reported a half-year EPS of $(0.22), unchanged from the previous year. Total revenues decreased to $5.7 million from $6.5 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:27 am

SCVL

Shoe Carnival has raised its fiscal 2024 outlook, expecting net sales between $1.23B and $1.25B, up from the previous $1.21B-$1.25B range. Adjusted EPS is projected at $2.60-$2.75, slightly above the prior $2.55-$2.75 range. The company anticipates comparable store sales to range from a 1.5% decrease to a 1% increase.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:25 am

SCVL

Shoe Carnival anticipates Q3 2024 net sales of $320M, slightly below the $321.5M consensus, and GAAP EPS of $0.70, above the $0.65 consensus. Sales were driven by growth in children's and athletics categories, despite a retail calendar shift affecting sales distribution.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:21 am

SCVL

Shoe Carnival reported Q2 2024 earnings per share of $0.83, meeting analyst expectations, and sales of $332.696 million, surpassing estimates. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:17 am