— Hibbett Sports, Inc. (NASDAQ: HIBB) reported Q3 2020 earnings of $0.32 per share, vs. $0.16 expected. — Sales grew 27% to $275.5 million, vs. $260.7 million expected. — Comparable store sales increased 10.7%. — E-commerce sales represented 10.5% of total sales.   — FY2020 comparable store sales are expected to grow 4-6%. — FY2020…
— Williams-Sonoma, Inc. (NYSE: WSM) reported Q3 2019 earnings of $1.02 per share, vs. $1.02 expected. — Revenues grew 6.3% to $1.44 billion, vs. $1.42 billion expected. — Comparable brand revenue growth was 5.5%. — FY19 net revenues are expected to be $5.7 billion to $5.9 billion. — FY19 comparable brand revenue growth is expected…
— Pure Storage (NYSE: PSTG) reported its third-quarter 2020 adjusted earnings of $0.13 per share versus $0.09 per share expected. — Revenues jumped by 15% to $428.4 million versus $440.07 million expected. — The quarter yielded industry-leading growth as customers continued to select the company’s modern approach that enables organizations to better utilize their data…
— StoneCo (NASDAQ: STNE) reported adjusted net income of R$202 million for the third quarter of 2019, up 126% from the year-ago period. — Net income, on an unadjusted basis, more than doubled to R$193.1 million — Total revenue and income climbed 62% annually to R$671.1 million; total payment volume was R$ 32.6 billion, up…
Nordstrom Inc. (NYSE: JWN) reported a 2% decline in third-quarter total revenue to $3.67 billion, in line with analysts’ prediction. Consolidated digital sales grew 7% and represented 34% of the business. Meanwhile, net income of 81 cents per share was higher than the Wall Street prediction of 64 cents per share. Shares soared over 7.8% in…
Specialty apparel retailer Gap Inc. (NYSE: GPS) reported lower earnings and revenues for the third quarter of 2019, owing mainly to a decline in comparable-store sales. The results, however, topped the Street view, sending the company’s stock higher during Thursday’s aftermarket trading session. Total comparable store sales decreased by 4% annually. Old Navy Global, which…
Ross Stores Inc. (NASDAQ: ROST) beat revenue and earnings estimates for the third quarter of 2019. The stock inched up by 1% in aftermarket hours on Thursday. Net sales rose 8% to $3.8 billion versus the year-ago period, surpassing forecasts of $3.7 billion. Comparable store sales rose 5%. Net earnings grew to $371 million from $338 million in the…
Splunk Inc. (NASDAQ: SPLK) third-quarter 2020 earnings and revenue exceeded the market’s estimates. The company posted an adjusted EPS of $0.58 on revenue of $626 million. Analysts had expected the data analytics firm to report earnings of $0.54 per share on revenue of $604.12 million for the recently ended quarter. Splunk stock, which ended flat…
Intuit Inc. (NASDAQ: INTU) reported a 67% jump in earnings for the first quarter of 2020 helped by higher revenues and income tax benefit. The results exceeded analysts’ expectations. However, the payroll solutions provider guided second-quarter earnings below the consensus estimates. Net income soared by 67% year-over-year to $57 million or $0.22 per share. Adjusted…
Hewlett Packard Enterprises (NYSE: HPE) is slated to report fourth quarter and fiscal year 2019 earnings results on Monday, November 25, after the market closes. Analysts expect the company to report earnings of $0.46 per share on revenue of $7.4 billion. This compares to EPS of $0.45 on revenue of $7.9 billion reported a year…