Category: Latest News

  • Salesforce Raises Annual Outlook After Solid Q1; Announces $8B Informatica Acquisition

    Salesforce Raises Annual Outlook After Solid Q1; Announces $8B Informatica Acquisition

    Salesforce Inc (NYSE:CRM) reported fiscal Q1 results that exceeded revenue and EPS expectations but slightly missed margin estimates. Adjusted EPS came in at $2.58 versus a $2.54 consensus, and revenue rose 8% YoY to $9.8 billion, beating the $9.75 billion forecast. However, operating margins were 32.3%, just below the expected 32.5%. CEO Marc Benioff highlighted…

  • Omada Health Launches IPO for 7.9 Million Shares at $18–$20 per Share

    Omada Health Launches IPO for 7.9 Million Shares at $18–$20 per Share

    Omada Health announced the start of its initial public offering (IPO) roadshow, filing a registration statement with the U.S. Securities and Exchange Commission (SEC) to offer 7,900,000 shares of common stock. The company also plans to grant underwriters a 30-day option to purchase up to an additional 1,185,000 shares at the IPO price, less underwriting…

  • Hormel Foods Reports Q2 Earnings In-Line, Narrows Full-Year Outlook

    Hormel Foods Reports Q2 Earnings In-Line, Narrows Full-Year Outlook

    Hormel Foods Corporation (NYSE:HRL) on Thursday reported second-quarter earnings that met analyst expectations, while revenue came in slightly below estimates. Hormel posted adjusted earnings per share of $0.35 for the quarter, in line with analyst estimates. Revenue totaled $2.9 billion, just under the consensus forecast of $2.92 billion. The company recorded organic net sales growth…

  • SentinelOne Stock Drops Sharply as Weak Guidance Overshadows In-Line Q1 Results

    SentinelOne Stock Drops Sharply as Weak Guidance Overshadows In-Line Q1 Results

    SentinelOne Inc (NYSE:S) reported fiscal first-quarter 2026 results that met expectations, but the company’s shares fell more than 14% in premarket trading Thursday following disappointing guidance. The cybersecurity firm posted adjusted earnings per share of $0.02, matching analyst estimates. Revenue grew 23% year-over-year to $229 million, slightly above the consensus of $228.34 million. Annualized recurring…

  • Foot Locker Falls Short of Q1 Expectations Amid Weaker Store Traffic

    Foot Locker Falls Short of Q1 Expectations Amid Weaker Store Traffic

    Foot Locker (NYSE:FL) reported first-quarter results that missed analyst forecasts, as softer traffic trends weighed on the retailer’s performance. The company posted a loss per share of $0.07 for Q1, falling short of the anticipated $0.01 loss per share. Revenue declined 4.6% year-over-year to $1.79 billion, below the projected $1.86 billion. Comparable store sales dropped…

  • Bath & Body Works Surpasses Q1 Earnings Expectations

    Bath & Body Works Surpasses Q1 Earnings Expectations

    Bath & Body Works, Inc. (NYSE:BBWI) delivered first-quarter earnings that beat analyst forecasts, with revenue hitting the upper end of its guidance, although the stock dipped about 1.3% following the report. For the quarter ending May 3, 2025, the home fragrance and personal care retailer posted adjusted earnings per share of $0.49, exceeding the consensus…

  • Kohl’s Shares Climb After Beating Q1 Estimates, Despite Cautious Guidance

    Kohl’s Shares Climb After Beating Q1 Estimates, Despite Cautious Guidance

    Kohl’s Corporation (NYSE:KSS) saw its stock rise 3.7% in early trading Thursday after delivering first-quarter results that surpassed expectations, even as overall sales declined and forward guidance fell short of Wall Street projections. For the quarter ending May 3, 2025, the retailer reported a net loss of $0.13 per share—narrower than analysts’ forecast of a…

  • Veeva Systems Stock Jumps on Strong Q1 Earnings and Upbeat Outlook

    Veeva Systems Stock Jumps on Strong Q1 Earnings and Upbeat Outlook

    Veeva Systems (NYSE:VEEV) shares soared 15% after the company released first-quarter results that exceeded Wall Street expectations and issued optimistic guidance for both the upcoming quarter and full fiscal year 2026. The company reported earnings per share of $1.97 for Q1, beating analysts’ forecasts by $0.23. Revenue reached $759 million, outperforming the consensus estimate of…

  • Agilent Shares Climb Following Q2 Beat and Affirmed Full-Year Outlook

    Agilent Shares Climb Following Q2 Beat and Affirmed Full-Year Outlook

    Agilent Technologies (NYSE:A) saw its stock rise over 5% in pre-market trading on Thursday after the company released stronger-than-expected second-quarter results and reaffirmed its full-year guidance for fiscal 2025, despite ongoing challenges such as tariff-related costs and mixed performance across different customer sectors. The company posted revenue of $1.67 billion for the quarter, topping analyst…

  • U.S. Unemployment Benefit First-Time Claims Up More Than Expected

    U.S. Unemployment Benefit First-Time Claims Up More Than Expected

    First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 240,000, an increase of 14,000 from the previous week’s revised level of 226,000. Economists had expected jobless claims to…