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Manhattan Associates (MANH) Shares Skyrocket, What You Need To Know

Shares of supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) jumped 13.1% in the pre-market session after the company reported a "beat and raise" quarter. Fourth quarter results exceeded expectations for revenue, EPS, and free cash flow. Gross margin also improved. Notably, Remaining performance obligations (RPO - leading revenue indicator) grew by 36% at the end of the year. However, its revenue guidance for next year suggests a significant slowdown in demand,...
New York United States Manhattan Associates What Happened Wall Street Free Cash Flow
Source: yahoo.com

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H&M profit target in spotlight as cost-cutting gathers pace

Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from fast-fashion rivals such as Zara, whose sales are rising, and China-founded Shein, set to go public this year. H&M, which sold more than $22 billion in clothing and accessories in its 2023 financial year, aims to reach an operating margin of 10% by the end of 2024. Faced with falling sales, the retailer with around 4,300 global stores is intensifyi...
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Source: yahoo.com

Why Polaris (PII) Shares Are Falling Today

Shares of off-Road and powersports vehicle corporation Polaris (NYSE:PII) fell 5.9% in the pre-market session after the company reported fourth-quarter results, which missed Wall Street's EPS and operating margin expectations, though revenue beat. Management called out "unexpected operational challenges" and added that the company's end markets will "remain challenged in 2024". Guidance was also weak, as 2024 EPS will be 10-15% below this year's. Overall, it wa...
What Happened Wall Street Operating Margin Fourth Quarter Results
Source: yahoo.com

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