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Kohl’s Corporation (NYSE: KSS) on Wednesday reported an increase in second-quarter 2025 earnings, despite a decrease in sales. The retailer also provided guidance for fiscal 2025. Total revenues declined 5% year-over-year to $3.5 billion in the second quarter of fiscal 2025. Comparable store sales dropped 4.2%. The company reported net income of $153 million or … Read more
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. A European insurance group backed by Apollo Global Management is nearing a £6bn takeover of UK retirement savings group Pension Insurance Corporation, a deal that would further push the US alternative assets giant into the … Read more
Nucor Corporation (NYSE: NUE), a leading manufacturer of steel and steel products, has issued guidance for the third quarter of fiscal 2025, forecasting a year-over-year decline in net earnings. The company said it expects Q2 earnings per share to be in the range of $2.55 to $2.65, vs. $2.68 per share in the year-ago quarter … Read more
Shares of Lennar Corporation (NYSE: LEN) stayed green on Monday. The stock has dropped 12% over the past three months. The homebuilder is scheduled to report its earnings results for the second quarter of 2025 on Monday, June 16, after the market closes. Here’s a look at what to expect from the earnings report: Revenue Analysts … Read more
Kohl’s Corporation (NYSE: KSS) reported a narrower net loss for the first quarter of 2025. The department store chain’s net sales decreased 4% in Q1. Net sales declined 4% year-over-year to $3.0 billion in the first three months of fiscal 2025. Comparable store sales dropped 3.9%. The company reported a net loss of $15 million … Read more
Shares of Target Corporation (NYSE: TGT) stayed red on Friday. The stock has dropped 23% over the past three months. The company faced a challenging environment in the first quarter of 2025, as it tackled new and existing headwinds, which hurt its top and bottom line performance. The retailer does not expect these headwinds to … Read more
Monster Beverage Corporation (NASDAQ: MNST) reported its earnings results for the first quarter of 2025. Reported net sales decreased 2.3% year-over-year to $1.85 billion. Net sales, excluding the Alcohol Brands segment, on a foreign currency adjusted basis, increased 1.9%. Net income increased 0.2% to $443 million while earnings per share increased 7.4% to $0.45 compared … Read more
McDonald’s Corporation (NYSE: MCD) reported its first quarter 2025 earnings results today. Consolidated revenues decreased 3% year-over-year, or 2% in constant currencies, to $5.95 billion. Net income decreased 3% to $1.86 billion compared to last year. GAAP earnings per share was $2.60, down 2% while adjusted EPS was $2.67, down 1% versus last year. Revenue … Read more
As of this writing, Silicon Motion Technology Corporation (NASDAQ: SIMO), a leading provider of NAND flash controllers for solid-state storage devices, has seen its stock price surge by an impressive 14.08%, reaching $51.52 per share. This significant gain comes on the back of the company’s recent announcement of its financial results for the first quarter … Read more
The gold market is shining bright, with prices hitting record highs as investors flock to safe-haven assets amidst economic uncertainty. And one stock that’s leading the charge is Newmont Corporation (NEM), which has seen a whopping 6.48% gain in just one day. Investor sentiment towards gold miners like NEM and its peers seems to be … Read more
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