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Zacks Equity Research

Ulta Beauty (ULTA) Cuts FY24 View Despite Q1 Earnings Beat

Ulta Beauty's (ULTA) Q1 results reflect y/y comparable sales growth amid a dynamic operating landscape. Management lowers the earnings and sales view for FY24.

MPositive Net Change ANFNegative Net Change TSCOPositive Net Change ULTANegative Net Change

Zacks Equity Research

Nordstrom (JWN) Q1 Loss Hurts Stock, Revenues Beat Estimates

Nordstrom's (JWN) Q1 results reflect gains from momentum across both banners and strong digital sales, offset by a softer-than-expected gross margin that weighed on the bottom-line performance.

ANFNegative Net Change JWNPositive Net Change JILLPositive Net Change LEVINegative Net Change

Zacks Equity Research

Foot Locker (FL) Q1 Earnings Top Estimates, Revenues Dip Y/Y

Foot Locker's (FL) misses Q1 revenue estimates. Comparable sales decline 1.8% y/y on changes in the Champs Sports banner.

FLNegative Net Change CASYPositive Net Change GOOSNegative Net Change BBWINegative Net Change

Zacks Equity Research

Gap's (GPS) Q1 Earnings and Sales Beat Estimates, Rise Y/Y

Gap (GPS) posts impressive first-quarter fiscal 2024 results. Comparable sales rise 3% year over year.

ANFNegative Net Change AEONegative Net Change DECKNegative Net Change GPSNegative Net Change

Zacks Equity Research

FAT Brands' (FAT) Round Table Pizza Expands in San Antonio

The reportable brand of FAT Brands (FAT), Round Table Pizza, announces its opening in a second location in San Antonio, TX.

EATNegative Net Change SFMNegative Net Change WINGNegative Net Change FATNegative Net Change

Zacks Equity Research

Costco's (COST) Q3 Earnings Top, Comparable Sales Rise 6.6%

Costco's (COST) strategic investments, customer-centric approach, merchandise initiatives and focus on membership growth enable it to gain market share.

TSCOPositive Net Change COSTPositive Net Change CASYPositive Net Change SFMNegative Net Change

Zacks Equity Research

Dave & Buster's (PLAY) Stock up 51% in a Year: More Upside Left?

Dave & Buster's (PLAY) increased focus on store remodel program and cost-saving measures bode well. However, an uncertain macroeconomic environment is a concern.

EATNegative Net Change LOCONegative Net Change PLAYNegative Net Change WINGNegative Net Change

Zacks Equity Research

Cracker Barrel (CBRL) Q3 Earnings Beat Estimates, Stock Up

Cracker Barrel's (CBRL) fiscal third-quarter top line is negatively impacted by weaker-than-anticipated traffic.

CBRLNegative Net Change EATNegative Net Change LOCONegative Net Change WINGNegative Net Change

Zacks Equity Research

Is the Options Market Predicting a Spike in Travelzoo (TZOO) Stock?

Investors need to pay close attention to Travelzoo (TZOO) stock based on the movements in the options market lately.

TZOONegative Net Change

Santanu Roy

Watch These 5 Stocks That Recently Hiked Dividends

Investors may keep a tab on stocks like HLNE, RL, SPTN, EQH and MDT, which have lately hiked their dividend payments.

MDTPositive Net Change RLNegative Net Change SPTNNegative Net Change HLNENegative Net Change EQHNegative Net Change

Zacks Equity Research

Zacks Market Edge Highlights: Vertiv, Super Micro Computer, Costco, Chipotle Mexican Grill and NVIDIA

Vertiv, Super Micro Computer, Costco, Chipotle Mexican Grill and NVIDIA are part of the Zacks Market Edge blog.

CMGNegative Net Change NVDANegative Net Change COSTPositive Net Change SMCINegative Net Change VRTNegative Net Change

Tirthankar Chakraborty

4 Momentum Stocks Backed by Driehaus Strategy to Buy Now

Stocks like Abercrombie & Fitch (ANF), Arista Networks (ANET), HCI Group (HCI) and FB Financial (FBK) have been selected as the momentum picks for the day using the Driehaus strategy.

ANFNegative Net Change HCINegative Net Change ANETPositive Net Change FBKNegative Net Change

Benjamin Rains

3 Oversold S&P 500 Stocks Down at Least 15% to Buy in June

Today's episode of Full Court Finance digs into a few reasons behind the recent market dip to close out May. We then explore three oversold S&P 500 stocks that are down at least 15% in 2024 that investors might want to buy now.

WMTNegative Net Change DGNegative Net Change DLTRNegative Net Change MCDNegative Net Change LWNegative Net Change

Zacks Equity Research

Company News for May 31, 2024

Companies in The News Are: BBY, BURL, FL, AEO.

AEONegative Net Change BBYNegative Net Change FLNegative Net Change BURLNegative Net Change

Mark Vickery

Last Big Afternoon of Q1 Earnings Season

Ahead of tomorrow's PCE report, shares in the regular session sold off. Things changed after several companies reported late.

DELLNegative Net Change NVDANegative Net Change JWNPositive Net Change COSTPositive Net Change GPSNegative Net Change ULTANegative Net Change MDBNegative Net Change ZSPositive Net Change

Shaun Pruitt

3 Highly Ranked Stocks to Buy After Crushing Q1 Earnings Expectations

Belonging to the coveted Zacks Rank #1 (Strong Buy) list, several stocks are standing out after these companies were able to impressively exceed their first quarter top and bottom-line expectations on Wednesday.

ANFNegative Net Change CHWYNegative Net Change NCNOPositive Net Change

Zacks Equity Research

Are Options Traders Betting On A Big Move In MarineMax (HZO) Stock?

Investors need to pay close attention to MarineMax (HZO) stock based on the movements in the options market lately.

HZONegative Net Change

Derek Lewis

3 Stocks to Buy Following Earnings Positivity

Earnings season continues to slow, with the bulk of S&P 500 companies already delivering quarterly results. So far, the results of several companies have brought post-earnings fireworks.

WMTNegative Net Change CROXNegative Net Change ELFNegative Net Change

Zacks Equity Research

Best Buy (BBY) Q1 Earnings Beat Estimates, Revenues Dip Y/Y

Best Buy (Buy) reports soft first-quarter fiscal 2025 sales due to a comparable sales drop of 6.1%.

AEONegative Net Change BBYNegative Net Change DECKNegative Net Change GPSNegative Net Change

Zacks Equity Research

Amazon (AMZN) Gains on Fulfillment Strength Led by Robotics

Amazon (AMZN) benefits from its expanding fulfillment network worldwide. Growing capabilities in retail robotics are other tailwinds.

AMZNNegative Net Change WMTNegative Net Change GPSNegative Net Change CPNGNegative Net Change

Zacks Equity Research

Burlington Stores (BURL) Q1 Earnings & Revenues Beat Estimates

Burlington Stores' (BURL) total revenues in Q1 increase 10.5% from the prior-year quarter and comparable store sales rise 2%.

CASYPositive Net Change BURLNegative Net Change GOOSNegative Net Change BBWINegative Net Change

Zacks Equity Research

American Eagle (AEO) Q1 Earnings Beat Estimates, Revenues Miss

American Eagle's (AEO) Q1 results benefit from strength across its American Eagle and Aerie brands, as well as progress on its Powering Profitable Growth strategy.

ANFNegative Net Change AEONegative Net Change JILLPositive Net Change LEVINegative Net Change

Zacks Equity Research

Dollar General's (DG) Q1 Earnings Top, Same-Store Sales Up Y/Y

Dollar General's (DG) same-store sales increase owing to a rise in customer traffic, offset by a decline in the average transaction amount.

DGNegative Net Change TSCOPositive Net Change CASYPositive Net Change SFMNegative Net Change

Zacks Equity Research

Q1 2024 GDP Growth Rate Reduces Further

Q1 2024 GDP Growth Rate Reduces Further.

KSSPositive Net Change COSTPositive Net Change FLNegative Net Change BURLNegative Net Change

Zacks Equity Research

Kohl's (KSS) Cuts View on Q1 Earnings Miss, Low Comparable Sales

Kohl's (KSS) first-quarter fiscal 2024 results reflect soft comparable sales. Management curtails the 2024 view due to a drab Q1 and uncertainty in the consumer landscape.

MPositive Net Change KSSPositive Net Change ANFNegative Net Change TSCOPositive Net Change