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OXM

Oxford Industries projects Q4 net sales to be between $403M-$423M, closely aligning with the estimated $403.26M. However, their adjusted EPS forecast of $1.83-$2.03 falls short of the estimated $2.08.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:30 pm

AJG

Over the past 15 years, Arthur J. Gallagher (NYSE:AJG) has produced an average annual return of 16.99%, outperforming the market. A $1000 investment in AJG 15 years ago would be worth $10,159.20 today. The company's market capitalization currently stands at $52.36 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 9:30 pm

SRE

Sempra (NYSE:SRE) has delivered an average annual return of 8.49% over the past 20 years, outperforming the market by 1.01% annually. A $1000 investment in SRE stock 20 years ago would be worth $5,108.39 today. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 9:30 pm

DLHC

DLH Holdings Corp. (NASDAQ:DLHC) reported Q4 earnings with an EPS of $0.16, surpassing the estimate of $0.13 by 23.08%. Revenue increased by $34.24 million compared to the same period last year. The company had previously beaten EPS estimates last quarter, which led to a 2.11% rise in share price the following day. Historical earnings performance shows mixed results over the past four quarters.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 9:30 pm

CGC

CRBP

MXC

NEPT

PMD

UGRO

The cannabis sector experienced significant movement on December 6, 2023, with a majority of listed companies showing bullish sentiment. Choom Holdings led the gainers with a 39900.00% increase, while EVIO led the losers with a 98.00% decrease. Notable gainers include Urban-gro, Psychemedics, Mexco Energy, Canopy Growth, and Corbus Pharmaceuticals. Neptune Wellness Solutions was among the notable losers.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 9:30 pm

PYCR

Paycor HCM, Inc. has announced a secondary offering of 5 million shares of its common stock. The shares are being offered by an existing stockholder, not by Paycor itself, which means the company will not receive any proceeds from the sale. This type of offering can often lead to a dilution of existing shares' value and may put downward pressure on the stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:27 pm

SPWH

Sportsman's Warehouse Holdings (SPWH) provided a Q4 fiscal year 2023 outlook with expected net sales between $365M-$390M and an adjusted EPS loss of $(0.35)-$(0.25), which is below the $0.01 EPS estimate. The company anticipates a year-over-year decline in same store sales of 11% to 6%. Aggressive promotional activities are projected to reduce gross margins by 600 to 800 basis points from the prior year. The 53-week fiscal year is expected to add $14M-$17M in net sales but also contribute to an adjusted EPS loss of $(0.06)-$(0.04). No new store openings are planned for fiscal year 2024 due to challenging macroeconomic conditions. The company is focusing on inventory reduction, particularly in apparel and footwear, to lower operating costs and improve year-end inventory positioning.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:27 pm

CHPT

ChargePoint Holdings Inc (NYSE:CHPT) reported a 12% year-over-year decrease in Q3 revenue to $110.3 million, missing consensus estimates. The company experienced a larger loss per share of 43 cents compared to 25 cents in the previous year. Networked charging systems revenue fell 24%, while subscription revenue increased 41%. Gross margin turned negative at -22%. ChargePoint ended the quarter with $397.4 million in cash and equivalents. Despite the challenges, the company reaffirmed its goal for positive adjusted EBITDA by Q4 of fiscal 2025. CHPT shares have fallen 25% over the last month, with a slight increase of 0.98% after hours to $2.06.

Portfolio Pulse from Adam Eckert

December 06, 2023 | 9:25 pm

FSR

Fisker's Chairman and CEO Henrik Fisker has stated that negative reports about the company are 'overblown' and expressed confidence in the company's daily progress and long-term opportunities.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:25 pm

SPWH

Sportsman's Warehouse (NASDAQ:SPWH) reported Q3 earnings with an EPS of $-0.01, significantly beating the estimate of $-0.12. However, revenue declined by $19.15 million compared to the same period last year. The company's stock price had previously dropped by 26% following a missed EPS estimate last quarter.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 9:25 pm