Petco Health & Wellness (WOOF) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-06-05 22:16
Petco Health & Wellness (WOOF) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this pet store chain would post earnings of $0.02 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, the co ...
Lululemon (LULU) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-06-05 22:16
Lululemon (LULU) came out with quarterly earnings of $2.60 per share, beating the Zacks Consensus Estimate of $2.59 per share. This compares to earnings of $2.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.39%. A quarter ago, it was expected that this athletic apparel maker would post earnings of $5.85 per share when it actually produced earnings of $6.14, delivering a surprise of 4.96%.Over the last four quarters, the c ...
DNUT INVESTOR ALERT: Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-06-05 22:12
SAN DIEGO, June 5, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that The Krispy Kreme class action lawsuit – captioned Cameron v. Krispy Kreme, Inc., No. 25-cv-00332 (W.D.N.C.) – seeks to represent purchasers or acquirers of Krispy Kreme, Inc. (NASDAQ: DNUT) securities and charges Krispy Kreme and certain of Krispy Kreme's executives with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the Krispy Kreme class actio ...
Altus Group’s Benchmark Manager Wins 2025 Realcomm Digie Award
GlobeNewswire· 2025-06-05 22:10
ARGUS Intelligence’s new Benchmark Manager recognized for “Best Tech Innovation in CRE”TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Altus Group Limited (“Altus” or “the Company”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, is pleased to share that its newly released Benchmark Manager add-on on ARGUS Intelligence has been awarded the 2025 Realcomm Digie Award for Best Tech Innovation in CRE. Presented at the Realcomm | IBcon 2025 conference in Savannah, GA, the award celebrat ...
Circle IPO soars giving hope to more startups waiting to go public
TechCrunch· 2025-06-05 22:06
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day.The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid the Trump administration’s supportive stance on crypto assets. The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for up ...
Patriot National Bancorp Announces Completion of $10M Registered Direct Offering
GlobeNewswire· 2025-06-05 22:06
STAMFORD, Conn., June 05, 2025 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. (NASDAQ: PNBK) (the “Company”), the parent company of Patriot Bank, N.A., today announced that it has successfully completed a registered direct offering of 8,524,160 shares of its common stock at a purchase price of $1.25 per share, raising gross proceeds of $10,655,200. The registered direct offering follows the Company’s March 20, 2025 private placement that raised over $50 million in gross proceeds from a diverse group of ...
Five Below: Strong Q1 Comparable Sales
The Motley Fool· 2025-06-05 21:55
Core Viewpoint - Five Below reported strong first-quarter results for fiscal 2025, with significant revenue and earnings growth despite macroeconomic challenges [3][4]. Financial Performance - Revenue increased from $811.9 million in Q1 FY24 to $970.5 million in Q1 FY25, representing a growth of 19.5% and beating expectations [2]. - Adjusted earnings per share rose from $0.60 to $0.86, marking a 43% increase and also surpassing analyst estimates [2]. - Comparable sales growth improved from a decline of 2.3% to an increase of 7.1%, a positive change of 9.4 percentage points [2]. Store Operations - Five Below opened 55 new stores in the first quarter, which is a 10% decrease compared to the previous year [2]. - The new stores are reportedly performing well, contributing to the overall positive sales growth [3]. Future Outlook - For Q2 FY25, Five Below anticipates opening around 30 net new stores and expects comparable sales growth between 7% and 9% [5]. - Total revenue for Q2 is projected to be between $975 million and $995 million, with adjusted EPS expected to range from $0.50 to $0.62 [5]. - For the full fiscal year, the company forecasts comparable sales growth of 3% to 5%, 150 net new stores, total revenue between $4.33 billion and $4.42 billion, and adjusted EPS between $4.25 and $4.72 [5]. Market Reaction - Following the release of the first-quarter report, Five Below's share prices rose approximately 2% in after-hours trading, reflecting positive investor sentiment due to the earnings beat and solid Q2 outlook [8]. Economic Context - The company is currently managing tariffs and global economic uncertainty, which have not significantly impacted its business thus far [4]. - Five Below sources about 60% of its purchases from domestic vendors, although the exposure of these vendors to tariffs remains uncertain [9].
Musk Vs. Trump: Tesla Suffers Record $152B One-Day Crash As CEO Warns Tariffs 'Will Cause A Recession'
Benzinga· 2025-06-05 21:51
Tesla Inc. TSLA stock traded down 14.3% to $284.70 on Thursday, the company's second-biggest percentage loss in more than a year and the biggest market cap loss in company history. The decline was caused by an escalated feud between CEO Elon Musk and President Donald Trump.What Happened: Tesla's market cap fell by a company record $152 billion, taking the company out of the $1 trillion market capitalization club. This move comes after Musk publicly criticized Trump's "Big Beautiful Bill."Comments made by Tr ...
Goldstorm Metals Announces $1.0 Million Private Placement Financing with Participation by Eric Sprott
Newsfile· 2025-06-05 21:49
Goldstorm Metals Announces $1.0 Million Private Placement Financing with Participation by Eric SprottJune 05, 2025 5:49 PM EDT | Source: Goldstorm Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to announce a non-brokered private placement offering of units of the Company (each, a "Unit") at a price of $0.07 per Unit for aggregate gross proceeds of up to $1,000,000 (the "Offering ...
Marvell Technology: Don't Get Tempted By The 42% Dip
Seeking Alpha· 2025-06-05 21:47
Don’t just invest—dominate with Tech Contrarians' realized return on closed positions of 65.8% since inception. You’ll get exclusive insights into high-focus stocks, curated watchlists, one-on-one portfolio consultations, and everything from live portfolio tracking to earnings updates on 50+ companies. Subscribe today for 20% off.Marvell Technology, Inc. (NASDAQ: MRVL ) is down 42% YTD, and the company’s 1QFY26 report, which came out at the end of May, didn’t help reverse this downward spiral; in fact, loss ...