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M

Macy's Q1 comparable sales were down 7.9% Y/Y on an owned basis and 7.2% Y/Y on an owned-plus-licensed basis. The company saw strength in beauty, fragrances, men's tailored, women's career sportswear, and off-price with Backstage.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:58 am

M

Macy's Q1 adjusted EPS of $0.56 beats the $0.45 estimate, but sales of $4.98B miss the $5.04B estimate. This represents a 48.15% decrease in earnings and a 6.88% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:57 am

BKE

Buckle's comparable store net sales for the 17-week period ended May 27, 2023, have decreased by 8.6%.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:54 am

AAPL

Apple's two new retail stores in India have set new sales records, generating over $26-30 million each in monthly sales. The Mumbai store is now among the top 10 Apple-owned stores worldwide, while the New Delhi store generates almost equivalent revenue despite being half the size.

Portfolio Pulse from Shomik Sen Bhattacharjee

June 01, 2023 | 10:53 am

BKE

Buckle reported a 6.4% decrease in May comparable store net sales and a 5.3% decrease in net sales to $89.3 million.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:52 am

SBBA

STNG

Scorpio Tankers' Board of Directors has replenished the 2023 Securities Repurchase Program, allowing the purchase of up to $250 million of the company's securities, including common shares and Senior Unsecured Notes Due 2025 (NYSE:SBBA).

Portfolio Pulse from Charles Gross

June 01, 2023 | 10:51 am

DLTH

Duluth Holdings reaffirms its FY23 outlook with net sales expected to be between $645M-$660M, in line with the consensus of $646.45M, and EPS ranging from $0.02 to $0.08.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:50 am

LE

Lands' End forecasts FY23 revenue of $1.56B-$1.62B, compared to the $1.59B estimate, and EPS of $(0.13)-0.08, beating the $(0.16) estimate.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:50 am

AAL

DAL

JBLU

LUV

SAVE

UAL

IATA reported a 45.8% YoY increase in air passenger traffic growth in April, with industry-wide revenue passenger-kilometers reaching 90.5% of pre-Covid levels.

Portfolio Pulse from Charles Gross

June 01, 2023 | 10:41 am

HRL

Hormel Foods (HRL) anticipates sales and earnings growth in the second half of the year, driven by strong demand for its products.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 10:32 am