Wells Fargo lowered its price target for Casey's General Stores to $750 from $960 after the company reported a 3.2% same-store sales growth in Q1, missing analyst expectations. Despite the sales miss, Casey's posted revenue of $5.68 billion and EPS of $7.37, both beating estimates, and reaffirmed its full-year guidance. Shares dropped nearly 15% following the report as investors reacted to slower sales growth and rising expenses. Casey's expects 8%-10% EBITDA growth and 2%-5% same-store sales growth for fiscal 2027, maintaining its outlook despite the weaker start to the year.
America's Car-Mart reported a 57.3% revenue decline to $145.8 million and a net loss of $69 million in Q1 fiscal 2027, driven by capital constraints that limited vehicle purchases and customer financing. Retail unit sales fell 81.9%, and vehicle inve...
J.Jill reported strong Q2 earnings, beating estimates with $1.24 EPS and $154.83M revenue, driven by sales growth and direct sales increase. Following this, BTIG raised its price target to $25, suggesting a 15.74% upside. The company also raised its ...
BMO Capital Markets initiated coverage of Lululemon Athletica with an Underperform rating and a $70 price target, citing weakening demand in key markets and margin pressures. This follows a 4% revenue decline in Q2 and a reduced full-year forecast. M...
Core & Main reported strong Q2 earnings with EPS of $0.94, surpassing the $0.92 analyst estimate and showing an 8% increase year-over-year. Revenue reached $2.15 billion, slightly above the $2.14 billion expected, supported by robust municipal infras...
Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...
