All articles tagged with #outlook
Dick's Sporting Goods shares fell after it cut its full-year outlook, citing a challenging retail backdrop; the move comes as the Q2 earnings season winds down and Nvidia remains a market focal point, with earnings for S&P 500 companies seen rising about 50% year over year on AI-driven momentum, while investors await updates from other retailers like Dollar Tree and Kohl's.
Dick's Sporting Goods posted Q2 revenue of $5.59B and adjusted EPS of $3.53, missing consensus estimates of $5.65B and $3.76, while Dick's stores grew comps 4.9% and Foot Locker comps fell 3.6%. The company trimmed Foot Locker's outlook to flat-to-down 2% and lowered full-year guidance to net sales of $21.9–$22.2B and operating income of $1.45–$1.55B, though it still expects the Dick's business to grow 2.5–4%. Management remains confident in the Dick's/Fo ot Locker turnaround after a $2.4B 2025 acquisition, aided by $59M in tariff refunds during the quarter.
Microsoft has confirmed a search outage affecting Microsoft 365 apps (Outlook on the web/desktop, SharePoint Online, and OneDrive) caused by a recent deployment that created resource utilization inefficiencies. A fix has been deployed to reduce pressure and restore service for affected users; Microsoft did not specify which regions were impacted. The incident adds to a history of past outages in the ecosystem.
Super Micro Computer reported Q4 FY2026 net sales of $11.12B with a gross margin of 17.5% and GAAP net income of $1.18B ($1.62 per diluted share); for the full year FY2026 net sales reached $39.06B with a gross margin of 10.8% and GAAP net income of $2.23B ($3.26 per diluted share), with non-GAAP net income of $2.59B ($3.63 per diluted share). The company ended the year with about $7.5B in cash and $8.7B in debt and issued guidance for FY2027: Q1 net sales of $14.5-15.5B, GAAP EPS of $0.89-0.98 (non-GAAP $1.01-1.10), and full-year net sales of $65-72B, citing AI/IT demand and a record backlog.
Sweetgreen cut its 2026 outlook after consumer concern about fresh produce amid the cyclospora outbreak, forecasting same-store-sales to fall 7%–8% (versus prior 2%–4%) and adjusted EBITDA to -$23 million to -$27 million. Shares dropped over 15% after hours. The outbreak has not linked Sweetgreen to contaminated iceberg lettuce, though broader demand for fresh salads has weakened across the restaurant sector; Taco Bell is the only major chain linked to the outbreak. The company also reported a weaker-than-expected Q2 result and noted that the pace of recovery remains uncertain.
Apple beat expectations for the June quarter with revenue of $109.42 billion and earnings of $29.79 billion, driven by iPhone and Mac sales, including a quarterly iPhone revenue record of $54.25 billion. But it guided 9-11% revenue growth for the next quarter, below consensus, citing supply constraints and rising memory costs, which sent shares lower in after-hours trading. It also marked Tim Cook’s final earnings report as CEO, with John Ternus set to take over, and potential price increases for iPads/Macs to offset costs.
Starbucks beat estimates for Q3 with adjusted EPS of 85 cents and revenue of $9.32 billion, led by 7.9% global and 8.1% U.S. same-store sales; revenue dipped 1% due to selling its China stake as it forms a Boyu Capital JV. The company raised full-year guidance to $2.55–$2.65 per share and about 6% global SSS growth (US >6%), signaling stronger momentum under CEO Brian Niccol. The stock climbed more than 7% in after-hours trading.
Coca-Cola beat Q2 estimates, posting adjusted EPS of 97 cents on revenue of $13.38 billion (vs. 93 cents and $13.16 billion expected), with net income of $4.43 billion. Organic revenue rose about 6% and global unit-case volume grew 5%, as all segments posted growth. The company raised its full-year targets to about 9%-10% EPS growth and roughly 5% organic revenue growth. Shares edged higher in premarket trading amid the upbeat results and guidance.
A broad outage hit Microsoft 365, Teams, and Outlook, disrupting login and access across multiple sites and apps. DownDetector tracked widespread issues beginning after 7:30 a.m., with reports tapering by around 2 p.m.; the cause and duration remain unknown.
Netflix beat earnings estimates and revenue was roughly in line for the latest quarter, but its Q3 revenue guidance of about $12.86 billion missed Wall Street expectations and engagement trends did not inspire confidence, sending the stock lower amid a cash‑flow decline. The company is betting on monetization through ads, live events, and a new short‑form content strategy to drive growth, while maintaining a roughly flat full‑year revenue outlook.
Rivian posted Q2 2026 production of 12,613 vehicles and deliveries of 12,194 (above its 9,000–11,000 forecast), and raised its full-year 2026 delivery guidance to 65,000–70,000 vehicles, signaling improved supply and stronger demand; Q2 results are due July 30 with an accompanying webcast.
Microsoft’s newer Outlook for Windows, built on WebView2, still takes about 10 seconds to show the email after a notification—far slower than the instant open of Outlook Classic. The new app uses multiple WebView2 processes and consumes more RAM (roughly 490–636 MB idle) and CPU (~4% idle) than Classic (117–148 MB idle, <1% CPU), reflecting its web-based architecture. Updates in 2026 improved other areas, but the notification path remains a bottleneck, suggesting a WinUI/native fix in the future; Classic remains available and faster for notification-driven access until it ends support in 2029.
Adobe said CFO Dan Durn is leaving and will be replaced by interim CFO Steve Day, three months after CEO Shantanu Narayen announced he would step down. The company raised its fiscal 2026 revenue and adjusted earnings guidance on stronger demand for AI-enabled tools, including an AI-first annual recurring revenue exceeding $500 million, but investors flagged leadership succession risks as shares fell in after-hours trading.
Kohl’s beat expectations on earnings and revenue for Q1 2026 despite net sales down 1.7% and comparable sales down 1.1%; the stock rose about 20% as management highlighted disciplined cost control, cleaner inventory, and improvements in the Kohl’s Card and private brands, while reaffirming a full-year outlook of net sales and comparable sales down 2% to flat with adjusted EPS of $1 to $1.60 amid ongoing macro pressures on value-seeking shoppers.
The Athletic’s NFL staff breaks down every team’s outlook after the draft and offseason programs, outlining who improved through added depth and upgraded defenses (e.g., Ravens, Cowboys, Browns, Chargers, Rams, Jets, Giants, Panthers, Eagles, Seahawks) and which teams still face questions on QB rooms, trenches, cap space, or interior line play. The consensus is that many rosters have been strengthened or stabilized heading into summer, but actual progress will hinge on development, scheme fit, and how teams handle remaining roster holes and division competition.