ADVFN US – Market Content Editor
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SpartanNash Tops Q2 Earnings Estimates Amid Margin Gains
SpartanNash (NASDAQ:SPTN), the food solutions company, exceeded analyst expectations in its second-quarter earnings on Thursday, benefiting from improved gross margins and contributions from recent acquisitions. Following the announcement, the company’s shares remained flat in after-hours trading. The company posted adjusted earnings per share of $0.54, beating the analyst consensus of $0.50. Revenue reached $2.27 billion,…
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Sonoma Pharmaceuticals Shares Soar After Diaper Rash Product Hits Major Retailers
Shares of Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) skyrocketed 100% following the company’s announcement that its diaper rash product is now available at Walmart stores and other leading U.S. retail chains. The healthcare firm revealed that its antimicrobial hydrogel, built on its patented Microcyn technology using stabilized hypochlorous acid (HOCl), is currently stocked in 3,600 Walmart locations,…
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Canaan Falls Short of Q2 Estimates Despite Record Mining Revenue, Shares Dip Nearly 3%
Canaan Inc. (NASDAQ:CAN) reported second-quarter revenue of $100.2 million on Thursday, surpassing the company’s own guidance and marking a 39.5% year-over-year increase, yet falling short of analyst expectations of $109.45 million. Following the results, Canaan’s shares declined 2.86%. The crypto mining hardware manufacturer posted a non-GAAP adjusted EBITDA gain of $25.3 million, a notable improvement…
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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…