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Guidance Raise

All articles tagged with #guidance raise

Macy's gains momentum as earnings beat estimates and outlook improves
business3 days ago

Macy's gains momentum as earnings beat estimates and outlook improves

Macy’s posted a strong Q2 with 2.7% same-store sales growth led by Bloomingdale’s and Bluemercury, and adjusted EPS of $0.63 beating estimates helped by roughly $0.23 per share in tariff refunds; net sales reached $4.87 billion. The company plans to reinvest most of the tariff refunds ($96 million) and lift full-year guidance to net sales of $21.6–$21.8 billion, 1.0%–1.5% same-store growth, and adjusted EPS of $2.15–$2.35 as its Bold New Chapter strategy continues (store closures and brand investments).

via Yahoo Finance|
#business#earnings#guidance-raise
Figma Tops Q2, Raises Outlook, But Shares Slide After Hours
technology1 month ago

Figma Tops Q2, Raises Outlook, But Shares Slide After Hours

Figma reported Q2 revenue of $370.08 million and adjusted earnings of $0.08 per share, beating estimates, with revenue up 48% year over year and strong cash flow. The company lifted its full-year revenue outlook to $1.463-$1.467 billion and projected Q3 revenue of $373-$375 million, while net dollar retention remained robust at 136%. Despite the beat and higher guidance, FIG shares declined roughly 16% in after-hours trading.

via Benzinga|
#earnings#figma#guidance-raise