Latest News

Clothing and accessories retailer Gap (NYSE:GAP) announced better-than-expected revenue in Q1 CY2025, with sales up 2.2% year on year to $3.46 billion. Its GAAP profit of $0.51 per share was 13.2% above analysts’ consensus estimates.

Search software company Elastic (NYSE:ESTC) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 16% year on year to $388.4 million. The company expects next quarter’s revenue to be around $397 million, close to analysts’ estimates. Its non-GAAP profit of $0.47 per share was 25.9% above analysts’ consensus estimates.

Burger restaurant chain Red Robin (NASDAQ:RRGB) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $392.4 million. On the other hand, the company’s full-year revenue guidance of $1.22 billion at the midpoint came in 0.9% below analysts’ estimates. Its non-GAAP profit of $0.19 per share was significantly above analysts’ consensus estimates.

Networking chips designer Marvell Technology (NASDAQ: MRVL) announced better-than-expected revenue in Q1 CY2025, with sales up 63.3% year on year to $1.90 billion. Guidance for next quarter’s revenue was better than expected at $2 billion at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.62 per share was in line with analysts’ consensus estimates.

All of the big six Canadian banks have increased loan loss provisions in the first quarter.

Membership-only discount retailer Costco (NASDAQ:COST) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 8% year on year to $63.21 billion. Its GAAP profit of $4.28 per share was 1.2% above analysts’ consensus estimates.

Young adult apparel retailer American Eagle Outfitters (NYSE:AEO) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 4.7% year on year to $1.09 billion. On the other hand, next quarter’s revenue guidance of $1.23 billion was less impressive, coming in 0.8% below analysts’ estimates. Its non-GAAP loss of $0.29 per share was 32.6% below analysts’ consensus estimates.

Automation software company UiPath (NYSE:PATH) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.4% year on year to $356.6 million. On top of that, next quarter’s revenue guidance ($347.5 million at the midpoint) was surprisingly good and 5% above what analysts were expecting. Its non-GAAP profit of $0.11 per share was in line with analysts’ consensus estimates.

Computer hardware and IT solutions company Dell (NYSE:DELL) announced better-than-expected revenue in Q1 CY2025, with sales up 5.1% year on year to $23.38 billion. On top of that, next quarter’s revenue guidance ($29 billion at the midpoint) was surprisingly good and 15.8% above what analysts were expecting. Its non-GAAP profit of $1.55 per share was 8.4% below analysts’ consensus estimates.

Cloud security platform Zscaler (NASDAQ:ZS) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 22.6% year on year to $678 million. The company expects next quarter’s revenue to be around $706 million, close to analysts’ estimates. Its non-GAAP profit of $0.84 per share was 10.8% above analysts’ consensus estimates.

Beauty, cosmetics, and personal care retailer Ulta Beauty (NASDAQ:ULTA) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 4.5% year on year to $2.85 billion. The company expects the full year’s revenue to be around $11.6 billion, close to analysts’ estimates. Its GAAP profit of $6.70 per share was 15.5% above analysts’ consensus estimates.

Data storage company NetApp (NASDAQ:NTAP) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 3.8% year on year to $1.73 billion. On the other hand, next quarter’s revenue guidance of $1.53 billion was less impressive, coming in 4.5% below analysts’ estimates. Its non-GAAP profit of $1.93 per share was 1.8% above analysts’ consensus estimates.

Dell Technologies delivered mixed results for its fiscal first quarter but its outlook cheered investors. Dell stock rose late.

Shares of American Eagle Outfitters Inc. (NYSE: AEO) are trading lower Thursday after the retailer reported weaker-than-expected financial results for the first quarter of fiscal 2025, after the bell.

NetApp stock fell late Thursday after the enterprise data storage company gave a sales and earnings forecast below expectations.

Here's a look at the details in Marvell Technology's first-quarter earnings report.

Zscaler stock climbed after the cybersecurity firm reported fiscal Q3 earnings, revenue and billings that topped Wall Street consensus estimates.

Marvell Technology edged above estimates for its fiscal first quarter and with its outlook for the current period. But Marvell stock fell.

Dell reports first-quarter revenue of $23.38 billion, beating the consensus estimate of $23.14 billion, according to Benzinga Pro. The company reports adjusted earnings of $1.55 per share, missing analyst estimates of $1.69 per share.