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SIG

Signet Jewelers has reaffirmed its fiscal year 2025 outlook, projecting adjusted EPS between $9.90 and $11.52, compared to the $10.23 estimate. Sales are expected to range from $6.66 billion to $7.02 billion, against a $6.77 billion estimate. Same store sales are forecasted to vary from a decline of 4.5% to an increase of 0.5%.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:09 am

SIG

Signet Jewelers has released its Q3 sales outlook, projecting total sales between $1.345 billion and $1.380 billion, slightly below the $1.35 billion estimate. Same store sales are expected to range from -1.0% to +1.5%. Adjusted operating income is forecasted between $8 million and $25 million, with adjusted EBITDA between $55 million and $72 million.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:07 am

SIG

Signet Jewelers reported Q2 2025 earnings per share of $1.25, beating the estimate of $1.14, but sales of $1.491 billion missed the $1.502 billion estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:06 am

GIS

General Mills has entered into agreements to sell its North American Yogurt business to Lactalis and Sodiaal for $2.1 billion. The transactions are expected to close in 2025, pending regulatory approvals. The yogurt business contributed $1.5 billion to General Mills' fiscal 2024 net sales.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:02 am

CAL

Caleres has revised its fiscal year 2024 net sales outlook to a decrease in the low-single-digits percentage, compared to its previous guidance of flat to a 2% increase.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 10:48 am

ALK

Alaska Air Group has raised its Q3 adjusted EPS outlook from $1.40-$1.60 to $2.15-$2.25, driven by better-than-expected revenue and lower fuel costs. The company cites additional revenue from industry disruptions and strong performance in August and September.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 10:13 am

MYTE

MYT Netherlands Parent has projected a growth in GMV and net sales of 7%-13% for FY25, with an expected adjusted EBITDA margin of 3%-5%.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 10:12 am

MYTE

MYT Netherlands Parent reported a Q4 EPS of €(0.04), an improvement from €(0.06) year-over-year, with net sales increasing to €223.2M from €203.4M.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 10:11 am

MRNA

Moderna projects its 2025 revenue to be between $2.5 billion and $3.5 billion, which is below the consensus estimate of $3.74 billion. However, the company anticipates a compounded annual growth rate of over 25% from 2026 to 2028, driven by new product launches.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 10:11 am

STLA

Stellantis NV (NYSE:STLA) responded to criticism from the U.S. Stellantis National Dealer Council regarding alleged 'short-term decision-making' by CEO Carlos Tavares. The company defended its strategy, citing recent sales improvements and inventory reductions. Despite a challenging first half of 2024 with a 48% drop in net profit, Stellantis plans significant investments in Michigan facilities for future growth.

Portfolio Pulse from Anan Ashraf

September 12, 2024 | 9:28 am