Fabless chip and software maker Broadcom (NASDAQ:AVGO) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 20.2% year on year to $15 billion. The company expects next quarter’s revenue to be around $15.8 billion, close to analysts’ estimates. Its non-GAAP profit of $1.58 per share was in line with analysts’ consensus estimates.
Building products company Quanex (NYSE:NX) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 70% year on year to $452.5 million. The company expects the full year’s revenue to be around $1.85 billion, close to analysts’ estimates. Its non-GAAP profit of $0.60 per share was 27% above analysts’ consensus estimates.
The major indexes finished the day in the red. The Nasdaq dropped 162 points, snapping a three-day win streak alongside the S&P 500, while the Dow posted a triple-digit loss as well.
It’s all down to one ominous chart of a “regime change” in the U.S. Treasury market that you need to be aware of. If you’re following a purely buy-and-hold strategy, this is going to be a difficult time to make money.
Contemporary clothing brand Guess (NYSE:GES) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 9.4% year on year to $647.8 million. The company expects next quarter’s revenue to be around $760.4 million, close to analysts’ estimates. Its non-GAAP loss of $0.44 per share was 36.2% above analysts’ consensus estimates.
Pet-focused retailer Petco (NASDAQ:WOOF) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 2.3% year on year to $1.49 billion. On the other hand, next quarter’s revenue guidance of $1.49 billion was less impressive, coming in 0.8% below analysts’ estimates. Its GAAP loss of $0.04 per share was $0.01 above analysts’ consensus estimates.
Customer engagement software provider Braze (NASDAQ:BRZE) announced better-than-expected revenue in Q1 CY2025, with sales up 19.6% year on year to $162.1 million. Guidance for next quarter’s revenue was better than expected at $171.5 million at the midpoint, 1.6% above analysts’ estimates. Its non-GAAP profit of $0.07 per share was 50.8% above analysts’ consensus estimates.
Concrete and waste management company Concrete Pumping (NASDAQ:BBCP) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 12.2% year on year to $93.96 million. The company’s full-year revenue guidance of $385 million at the midpoint came in 5.8% below analysts’ estimates. Its GAAP loss of $0.01 per share was significantly below analysts’ consensus estimates.
Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 4.9% year on year to $266 million. Next quarter’s revenue guidance of $257.5 million underwhelmed, coming in 8% below analysts’ estimates. Its GAAP profit of $0.06 per share was $0.02 above analysts’ consensus estimates.
E-signature company DocuSign (DOCU) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 7.6% year on year to $763.7 million. Guidance for next quarter’s revenue was better than expected at $779 million at the midpoint, 0.7% above analysts’ estimates. Its non-GAAP profit of $0.90 per share was 10.5% above analysts’ consensus estimates.
Athletic apparel retailer Lululemon (NASDAQ:LULU) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 7.3% year on year to $2.37 billion. On the other hand, next quarter’s revenue guidance of $2.55 billion was less impressive, coming in 0.7% below analysts’ estimates. Its GAAP profit of $2.60 per share was in line with analysts’ consensus estimates.
