ADVFN US – Market Content Editor
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Bragg Gaming Falls Short on Q2 Revenue, Lowers Full-Year Guidance
Bragg Gaming Group (NASDAQ:BRAG) reported second-quarter revenue on Thursday that fell short of analyst expectations and simultaneously lowered its full-year forecast, as the company shifts its strategy toward higher-margin operations rather than pursuing aggressive top-line growth. The online gaming content and technology provider posted Q2 revenue of €26.1 million, marking a 4.9% year-over-year increase but…
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Tapestry Shares Plunge 16% Following Weak Annual Outlook from Coach Owner
Shares of Tapestry (NYSE:TPR) fell sharply by over 16% in premarket U.S. trading on Thursday after the luxury fashion company released its fiscal-year income projections, which disappointed Wall Street analysts. The Coach-owner also reported that pre-tax earnings for the April-to-June quarter were reduced by $872 million due to charges tied to declining current and projected…
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Dillard’s Tops Q2 Earnings Estimates as Sales Turn Up
Dillard’s Inc. (NYSE:DDS) posted second-quarter results on Thursday that outperformed analyst forecasts, marking the department store chain’s first sales increase in some time. Following the announcement, Dillard’s shares in pre-market trading inched up 0.19%. The company reported adjusted earnings of $4.66 per share for the quarter ending August 2, 2025, surpassing the analyst projection of…
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Oil Prices Edge Higher Before Trump-Putin Talks, But Weekly Losses Loom
Crude prices ticked up on Thursday as traders watched for potential supply impacts from an upcoming meeting between the U.S. and Russian presidents. By 08:45 ET (12:45 GMT), Brent crude futures for October delivery were up 0.5% at $65.94 per barrel, while West Texas Intermediate futures gained 0.5% to $62.97. Despite the day’s gains, both…
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U.S. Producer Prices Jump in July, Jobless Claims Edge Lower
Producer prices in the United States surged more than anticipated in July, according to data released Thursday by the Labor Department. The department reported that its Producer Price Index (PPI) for final demand climbed 0.9% last month, snapping back from a flat reading in June. Analysts had only expected a modest 0.2% gain. On an…
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Dow Jones, S&P, Nasdaq, Wall Street Futures Slip as Hotter Wholesale Inflation Tempers Rate-Cut Optimism
U.S. stock index futures were under pressure Thursday morning, signaling a pullback after two straight sessions of gains, as investors digested stronger-than-expected wholesale inflation data. The selling pressure followed a Labor Department report showing U.S. producer prices rose sharply in July. The Producer Price Index (PPI) for final demand jumped 0.9% for the month, after…
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Advance Auto Parts Falls as Full-Year Outlook Dulls Q2 Gains
Advance Auto Parts (NYSE:AAP) shares dipped about 1% in pre-market trading after the company reported a softer-than-expected full-year profit forecast, which offset its stronger second-quarter results. The automotive aftermarket retailer posted earnings per share of $0.69 for Q2, surpassing the analyst estimate of $0.53. Revenue totaled $2 billion, down from $2.2 billion in the same…
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QXO Surpasses Q2 Expectations with $0.11 EPS, Revenue Hits $1.91 Billion
QXO, Inc. (NYSE:QXO) reported adjusted earnings per share of $0.11 for the second quarter of 2025, comfortably above analysts’ $0.04 estimate. Revenue reached $1.91 billion, beating the consensus projection of $1.88 billion. Despite the strong results, the company’s shares slipped 0.14% in pre-market trading following the announcement. The surge in revenue comes after QXO completed…
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Deere Revises Full-Year Profit Forecast; Shares Drop
Deere & Company (NYSE:DE) reported stronger-than-expected third-quarter results on Thursday, yet its shares fell 5% after the farm equipment manufacturer narrowed its full-year profit outlook due to persistent market uncertainties. The agricultural machinery leader posted adjusted earnings of $4.75 per share for the quarter ending July 27, 2025, surpassing analyst expectations of $4.58. Revenue totaled…
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Southwest Airlines Sells Renewable Fuels Division to Conestoga Energy
Southwest Airlines Co. (NYSE:LUV) has sold its renewable fuels division to Conestoga Energy as the airline scales back its climate initiatives after years of slow industry progress, Bloomberg News reported Thursday. According to the report, Conestoga Energy—a leading provider of low-carbon biofuels—acquired Saffire Renewables LLC from Southwest Airlines Renewable Ventures. The terms of the transaction…