Articles by James Calloway
VF Corp Shares Surge on First Revenue Growth in Three Years
VF Corp posted its first annual revenue increase in three years, with Q4 sales topping expectations. Shares jumped 8.2% premarket after the company issued fiscal 2027 guidance.
Lowe's Beats Q1 Estimates but Shares Slip on Housing Headwinds
Lowe's beat Q1 estimates with sales of $23.08B and adjusted EPS of $3.03, but shares fell 3% premarket as rising mortgage rates and weak housing trends weighed on sentiment.
CAVA Surges on Strong Traffic, Q1 Beat, and Raised Outlook
CAVA Group shares surged 6.9% in premarket trade Wednesday after the chain reported a 9.7% increase in same-restaurant sales and beat first-quarter earnings and revenue estimates.
Target’s Sales Surge Breaks Three-Year Decline, Lifting Outlook
Target reported first-quarter net sales of $25.44 billion, up 6.7%, ending a three-year revenue decline. The retailer raised its full-year sales forecast to about 4% growth.
Houston Grid Woes Continue as CenterPoint Investigates Bear Creek Outages
Bear Creek residents in Houston report ongoing power outages and surges damaging appliances and medication, prompting CenterPoint Energy to investigate as hurricane season nears.
Snowflake Stock Surges on Upgraded Price Target Ahead of Quarterly Earnings Release
Snowflake shares climbed 3.2% to $169.55 after BofA Securities boosted its price target to $205, anticipating robust fiscal Q1 results. The company reports earnings May 27.
James Hardie Shares Slide on Housing Concerns Despite Revenue Beat
James Hardie shares dropped on weak housing demand outlook, despite a Q4 revenue beat. Net income fell 35% to $28.5 million, while sales jumped 45% to $1.40 billion.
Red Robin Stock Jumps 15.6% After-Hours on Revenue Beat
Red Robin shares jumped 15.6% after-hours to $4.45 after Q1 revenue of $378.3M beat estimates, despite a 0.6% same-store sales decline and a net loss.
8x8 Shares Surge 14% After Q4 Earnings Beat, But Margin Concerns Linger
8x8 shares surged 14% after hours on a Q4 earnings beat, with revenue up 5% to $185.2M and EPS of $0.11. Usage-based revenue jumped 70% but gross margins slipped to 63%.
Keysight Technologies Soars on Record Orders and Strong Earnings
Keysight Technologies shares surged nearly 4% in after-hours trading after reporting fiscal Q2 revenue of $1.72 billion and record orders of $2.05 billion, beating analyst estimates.