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GIII

G-III Apparel Group (NASDAQ:GIII) reported Q3 earnings of $2.78 per share, surpassing the $2.06 estimate by 34.95% and marking a 105.93% increase from last year's $1.35 per share. However, their quarterly sales of $1.07B fell short of the expected $1.13B by 5.58%, representing a slight 1.02% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 12:06 pm

AZO

AutoZone (NYSE:AZO) reported Q1 earnings per share (EPS) of $32.55, surpassing the analyst estimate of $31.57 by 3.1% and marking an 18.58% increase from last year's $27.45 EPS. However, their quarterly sales of $4.19B slightly missed the consensus estimate of $4.20B by 0.24%, though it still represents a 5.14% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 12:04 pm

MSTR

MicroStrategy Inc (NASDAQ:MSTR) has realized a profit of over $2 billion from its Bitcoin holdings as the cryptocurrency's value surged above $42,000. The company, under Michael Saylor's leadership, has been accumulating Bitcoin since August 2020 and held 174,530 BTC as of November 30. Despite the 2022 bear market, MicroStrategy continued to buy more Bitcoin, and its shares rose 6% on Monday.

Portfolio Pulse from Mehab Qureshi

December 05, 2023 | 12:02 pm

SNCE

Science 37 Holdings, Inc. has announced a 1-for-20 reverse stock split, which will be effective on December 8. This corporate action is typically used by companies to boost the price of their stock to comply with exchange listing requirements and may affect the perceived value and liquidity of the stock.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 12:02 pm

SJM

JM Smucker (NYSE:SJM) reported Q2 adjusted EPS of $2.59, surpassing the consensus estimate of $2.47, marking a 7.92% increase from the previous year. However, sales of $1.94B fell short of the expected $1.95B, a 12.11% decrease from last year's figures.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 12:01 pm

ARHS

Over the last quarter, Arhaus (NASDAQ:ARHS) received 5 analyst ratings, with 4 being somewhat bullish and 1 indifferent. The average price target is $13.0, which is higher than the current price of $9.6, suggesting an upside. This target is a 9.28% decrease from the previous target of $14.33. Analyst ratings are based on financial statements, company calls, and insider information, but they are subject to human error.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 12:00 pm

AZO

AutoZone, Inc. (NYSE:AZO) reported a 5.1% increase in Q1 revenue to $4.2 billion, with domestic same store sales up 1.2%. International sales saw a significant rise of 25.1% in constant currency. Gross profit margin improved to 52.8%, and net income rose 10.0% to $593.5 million. EPS was $32.55, an 18.6% increase from the previous year. The growth was attributed to non-cash LIFO favorability, favorable supply chain costs, and higher merchandise margins.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 11:58 am

GMDA

Needham analyst Gil Blum has reiterated a Buy rating on Gamida Cell (NASDAQ:GMDA) and maintained a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 11:57 am

COIN

Needham analyst John Todaro has reaffirmed a Buy rating on Coinbase Global (NASDAQ:COIN) and increased the price target from $120 to $160.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 11:55 am

LE

Lands' End has lowered its revenue outlook for FY23 to $1.45B - $1.48B from the previous range of $1.50B - $1.55B, which is below the estimated $1.53B. The company also provided an adjusted EPS forecast of $(0.16) - $(0.07), which is better than the estimated $(0.21).

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 11:54 am