Earnings
Ciena Corp. (CIEN) Beats Revenue Expectations in Fiscal Q1 with $1.04 Billion
Ciena Corporation (NYSE: CIEN) has reported a promising fiscal Q1 for 2024, with revenue exceeding expectations at $1.04 billion.
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Earnings
Kroger Co. (KR) Hits $1.34 Adjusted EPS in Q4, Surpassing Expectations
Kroger showed resilience in its fourth quarter with an operating profit of $1,194 million and an adjusted EPS of $1.34.
Earnings
Burlington Stores (BURL) Surpasses Expectations with a 25% Increase in Adjusted EPS
Burlington Stores Inc. reported robust fourth-quarter results, exceeding expectations with an adjusted EPS of $3.69.
Market Analysis
The Best Opportunities for 2024 Likely in Stocks Outside the Mag 7
J.P. Morgan asset management sees AI hype cooling in '24, urges caution on tech giants, says better opportunities in the other 493 SPX stocks.
Earnings
Abercrombie & Fitch Co. (ANF) Achieves 21% Net Sales Growth in Q4, Surpassing Expectations
Abercrombie & Fitch Co. (NYSE: ANF) reported a stellar Q4, with net sales increasing by 21% and exceeding expectations.
Earnings
THOR Industries (THO) Adjusts 2024 Guidance, Misses Q4 Forecasts
THOR Industries, Inc. (NYSE: THO) reported consolidated net sales of $2.21 billion for the second quarter of fiscal 2024, falling short of expectations with a net…
Earnings
Foot Locker (FL) Beats Q4 Expectations with Non-GAAP EPS of $0.38
Foot Locker Inc. (NYSE: FL) reported Q4 results that surpassed expectations, with a notable non-GAAP EPS of $0.38 against the anticipated $0.31.
Earnings
Riskified (RSKD) Reports Q4 Revenue of $84M, Exceeding Market Expectations
Riskified Ltd. (NYSE: RSKD) delivered its strongest quarterly performance in history, surpassing expectations with a 37% outperformance in FY'23.
Earnings
With Adjusted EPS of $1.74, Ferguson (FERG) Stays the Course in Q2
Ferguson plc reported a resilient second-quarter performance with net sales of $6.7 billion and an adjusted EPS of $1.74.
Market Analysis
Apple Stock Continues Slide After China Data Shows Sales Declining
Apple saw a significant 24% drop in iPhone sales in China in the first six weeks of 2024.
Earnings
Target Corporation (TGT) Beats Q4 Expectations with a 57.6% Increase in EPS
Target Corporation (NYSE: TGT) demonstrated robust financial health in the fourth quarter of 2023, with both GAAP and Adjusted EPS of $2.98 significantly exceeding last year's…
Market Analysis
Apple Hit with $2 Billion Fine, Shares Tumble in Market Response
The EU has slapped Apple with a €1.8 billion fine for stifling competition in music streaming.
Earnings
LENSAR Inc. (LNSR) Reports 18% Revenue Growth in Q4, Surpasses ALLY System Targets
LENSAR Inc. exceeded Q4 revenue expectations with a notable 18% growth, driven by the successful placement of its ALLY System.