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Mohawk Industries (NYSE:MHK) Beats Q1 Sales Targets

Flooring manufacturer Mohawk Industries (NYSE:MHK) announced better-than-expected results in Q1 CY2024, with revenue down 4.5% year on year to $2.68 billion. It made a non-GAAP profit of $1.86 per share, improving from its profit of $1.75 per share in the same quarter last year.

Jeff-lorberbaum , Microsoft , Mohawk-industries , Picking-winners-in-high-technology , Cash-flow , Wall-street , Gorilla-game , Special-free-report , Ree-cash-flow , Onsumer-discretionary , Arnings-per-share ,

Why Shopify (SHOP) Stock Is Up Today

Shares of e-commerce software platform Shopify (NYSE:SHOP) jumped 5.6% in the afternoon session after equities (Dow +0.8%, S&P 500 +1.2%, Nasdaq +1.6%) surged for the second straight day with the start of earnings season showing that the health of companies that reported Q1 earnings was solid and that the economy seems to be holding up. Only about a fifth of S&P 500 companies have reported, but roughly three-quarters of them have beat expectations. This may be spurring dip buying following eleva

Microsoft , Picking-winners-in-high-technology , Nasdaq , What-happened , Gorilla-game , Special-free-report ,

Cadence (NASDAQ:CDNS) Misses Q1 Sales Targets, Stock Drops

Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) fell short of analysts' expectations in Q1 CY2024, with revenue down 1.2% year on year to $1.01 billion. Next quarter's revenue guidance of $1.04 billion also underwhelmed, coming in 6.3% below analysts' estimates. It made a non-GAAP profit of $1.17 per share, down from its profit of $1.29 per share in the same quarter last year.

Anirudh-devgan , Picking-winners-in-high-technology , Microsoft , Design-software , Cadence-design-systems , Cash-flow , Gorilla-game , Special-free-report , Wall-street , 1-results , Ree-cash-flow , Evenue-guidance

Simply Good Foods (NASDAQ:SMPL) Reports Sales Below Analyst Estimates In Q1 Earnings

Packaged food company Simply Good Foods (NASDAQ:SMPL) missed analysts' expectations in Q1 CY2024, with revenue up 5.3% year on year to $312.2 million. It made a non-GAAP profit of $0.40 per share, improving from its profit of $0.32 per share in the same quarter last year.

United-states , American , Americans , America , Geoff-tanner , Picking-winners-in-high-technology , Microsoft , Simply-good-foods , Simply-good , Good-foods , Cash-flow , Chief-executive-officer

Kura Sushi (NASDAQ:KRUS) Exceeds Q1 Expectations

Sushi restaurant chain Kura Sushi (NASDAQ:KRUS) announced better-than-expected results in Q1 CY2024, with revenue up 30.4% year on year to $57.29 million. The company expects the full year's revenue to be around $244.5 million, in line with analysts' estimates. It made a GAAP loss of $0.09 per share, improving from its loss of $0.10 per share in the same quarter last year.

Japan , Japanese , Picking-winners-in-high-technology , Microsoft , Kura-sushi , Store-sales , Chief-executive-officer , Wall-street , Gorilla-game , Special-free-report , Evenue-guidance

Torrid's (NYSE:CURV) Q4 Sales Beat Estimates, Stock Jumps 22.4%

Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) reported Q4 CY2023 results topping analysts' expectations, with revenue down 2.6% year on year to $293.5 million. On the other hand, next quarter's revenue guidance of $279.5 million was less impressive, coming in 5.7% below analysts' estimates. It made a GAAP loss of $0.04 per share, improving from its loss of $0.04 per share in the same quarter last year.

Lisa-harper , Torrid-holdings , Picking-winners-in-high-technology , Microsoft , Cash-flow , Store-sales , Chief-executive-officer , Wall-street , Gorilla-game , Special-free-report , Analyst-estimates , Evenue-guidance

Oxford Industries (NYSE:OXM) Misses Q4 Revenue Estimates, Stock Drops

Fashion conglomerate Oxford Industries (NYSE:OXM) fell short of analysts' expectations in Q4 CY2023, with revenue up 5.7% year on year to $404.4 million. Next quarter's revenue guidance of $405 million also underwhelmed, coming in 2.1% below analysts' estimates. It made a non-GAAP profit of $1.90 per share, down from its profit of $2.28 per share in the same quarter last year.

Tom-chubb , Microsoft , Tommy-bahama , Picking-winners-in-high-technology , Oxford-industries , Cash-flow , Wall-street , Gorilla-game , Special-free-report , Ree-cash-flow , Nalyst-estimates , Evenue-guidance

Sprinklr's (NYSE:CXM) Q4: Beats On Revenue, Next Quarter Growth Looks Optimistic

Customer experience software provider Sprinklr (NYSE:CXM) announced better-than-expected results in Q4 CY2023, with revenue up 17.5% year on year to $194.2 million. The company expects next quarter's revenue to be around $194.5 million, in line with analysts' estimates. It made a non-GAAP profit of $0.12 per share, improving from its profit of $0.06 per share in the same quarter last year.

Customer-experience-software , Picking-winners-in-high-technology , Microsoft , Cash-flow , Gorilla-game , Special-free-report , Wall-street ,

Why Seagate Technology (STX) Stock Is Up Today

Shares of data storage manufacturer Seagate (NASDAQ:STX) jumped 9.9% in the afternoon session after Morgan Stanley analyst upgraded the stock's rating from Equal Weight (Neutral) to Overweight Buy) and raised the price target from $73 to $115. The new price target implied a potential 20% upside from where shares traded when the upgrade was announced. The analyst added, "Our bottom-up analysis indicates that STX's long-term [gross margin] range could be 32-35% (vs. mgmt's 30-33% target), and we a

Tom-omalley , Seagate-technology , Microsoft , Picking-winners-in-high-technology , Barclays , Morgan-stanley , What-happened , Equal-weight , Overweight-buy , Tomo-malley , Gorilla-game , Special-free-report

BeautyHealth (NASDAQ:SKIN) Beats Q4 Sales Targets, Stock Jumps 19.6%

Skincare company BeautyHealth (NASDAQ:SKIN) reported results ahead of analysts' expectations in Q4 FY2023, with revenue down 1.4% year on year to $96.8 million. On the other hand, next quarter's revenue guidance of $80 million was less impressive, coming in 6.4% below analysts' estimates. It made a GAAP loss of $0.07 per share, down from its loss of $0.02 per share in the same quarter last year.

Microsoft , Picking-winners-in-high-technology , Wall-street , Gorilla-game , Special-free-report , Beautyhealth , Nalyst-estimates , Onsumer-staples , Evenue-guidance , Evenue-decline , Uarter