Hawkins, Inc. reported record first quarter fiscal 2027 revenue of $315.7 million, an 8% increase driven by growth across all segments: Water Treatment (6%), Food & Health Sciences (9%), and Industrial Solutions (10%). Despite a 4% decrease in diluted EPS to $1.35 and a 3% drop in net income to $28.3 million, the company achieved record gross profit and adjusted EBITDA. Hawkins also generated strong free cash flow, which funded stock repurchases, dividends, and the acquisition of Aqua-Chem, supporting its growth strategy. The company expects stabilized raw material costs and plans continued debt reduction and strategic investments in higher-margin businesses.
United Natural Foods (UNFI) is set to report Q4 earnings with revenue expected around $7.71 billion, a slight 1.6% decline from last year due to network optimization. Despite the revenue drop, EPS is forecasted to rise sharply to $0.61-$0.62, a signi...
Oracle reported strong fiscal 2026 results with 17% revenue growth to $67 billion and a 36% net income increase, driven by a 75% surge in its cloud infrastructure segment. Despite a recent 55% stock price drop from its peak, Morgan Stanley raised Ora...
RBC Capital increased its price target for cybersecurity firm Zscaler to $210, maintaining an "Outperform" rating due to the company's strong financial results and AI innovation. Zscaler reported a 25% rise in revenue and Annual Recurring Revenue, su...
Lululemon Athletica's shares fell about 18% after the company lowered its full-year financial forecast for the second time, reflecting ongoing challenges. In Q2 2026, total net revenue dropped 4% to $2.40 billion, with a 10% fall in comparable sales ...
Teva Pharmaceutical Industries received a boost as UBS reaffirmed its "Buy" rating and raised the price target to $48, up from $36.62. This follows positive Phase 2a clinical trial results for TEV '408, a drug showing significant prevention of intest...
