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United Natural Foods Analysts Slash Their Forecasts After Q3 Earnings
Benzinga· 2025-06-13 00:06
United Natural Foods Inc UNFI posted better-than-expected fiscal third-quarter 2025 earnings on Tuesday.The company reported a quarterly sales increase of 7.5% year-on-year to $8.06 billion, beating the analyst consensus estimate of $7.78 billion. This increase was driven by a 4% increase in wholesale unit volumes. Adjusted EPS of 44 cents beat the analyst consensus estimate of 21 cents.United Natural Foods reiterated fiscal 2025 sales guidance of $31.3 billion-$31.7 billion, against the analyst consensus o ...
These Analysts Revise Their Forecasts On Chewy Following Q1 Results
Benzinga· 2025-06-12 23:35
Chewy Inc. CHWY on Wednesday reported better-than-expected earnings for the first quarter.The company posted adjusted earnings of 35 cents per share, up 12.9% year-over-year, beating the consensus of $34 cents and the management guidance of 30-35 cents.The retailer of pet supplies reported sales of $3.12 billion, up 8.3% year over year, compared to the consensus of $3.08 billion and the management guidance of $3.06 billion-$3.09 billion.For fiscal year 2025, the company expects sales of $12.30 billion-$12.4 ...
BioNTech Expands mRNA Cancer Portfolio With CureVac $1.25 Billion All-Stock Deal
Benzinga· 2025-06-12 23:07
BioNTech SE BNTX on Thursday agreed to acquire CureVac N.V. CVAC in an all-stock transaction. According to the agreement, shareholders can exchange CureVac shares for around $5.46 in BioNTech ADSs. This equates, roughly, to an equity value of $1.25 billion. The consideration is subject to a collar mechanism. If the 10-day volume weighted average price of the BioNTech ADSs ending on the fifth business day before the offer's closing exceeds $126.55, the exchange ratio would be 0.04318. If the VWAP is lower th ...
How To Trade This Soaring Mining Stock
Benzinga· 2025-06-12 21:28
Cameco Corp. CCJ, the world's largest publicly traded uranium miner, has been moving sharply up as the nuclear energy industry enters a renaissance. CCJ's recent move is outsized, but this chart has a strong upward trajectory for the longer-term investor over time. That said, a fade to support may be on the horizon. Both short-term and long-term traders can benefit from a move like this with a simple calendar spread. The trade we're going to use is a call calendar spread. A long calendar spread generally pr ...
SailPoint Analysts Increase Their Forecasts After Better-Than-Expected Q1 Earnings
Benzinga· 2025-06-12 21:22
SailPoint, Inc. SAIL reported better-than-expected first-quarter adjusted EPS results and raised its FY26 guidance above estimates on Wednesday. For the second-quarter of fiscal year 2026, SailPoint expects an ARR of $963 million-$967 million, representing 26% growth. The company expects quarterly revenue of $242 million-$244 million, representing 22%-23% growth versus the $231.96 million consensus estimate. The company expects an adjusted EPS of 4 to 5 cents, which compares favorably to the consensus analy ...
These Analysts Revise Their Forecasts On Victoria's Secret Following Q1 Earnings
Benzinga· 2025-06-12 21:09
Victoria's Secret & Co. VSCO reported in-line earnings for the first quarter on Wednesday. The company reported adjusted earnings per share of 9 cents, which is in line with the analyst consensus estimate. Quarterly sales of $1.35 billion (flat year over year) also came in line with the Street view. "I am pleased with the strength the business demonstrated during the March and April timeframe, which included continued momentum in our powerhouse Beauty business, ongoing strength in PINK apparel, and newness ...
Top Wall Street Forecasters Revamp America's Car-Mart Expectations Ahead Of Q4 Earnings
Benzinga· 2025-06-12 14:44
America’s Car-Mart, Inc. CRMT will release its fourth-quarter financial results before the opening bell on Thursday, June 12.Analysts expect the Rogers, Arkansas-based company to report quarterly earnings at 86 cents per share, up from 6 cents per share in the year-ago period. America’s Car-Mart projects quarterly revenue of $343.5 million, compared to $364.67 million a year earlier, according to data from Benzinga Pro.On May 30, America’s Car-Mart completed $216 million term securitization.America’s Car-Ma ...
GameStop-Themed Crypto Skyrockets Over 500% After Retailer Announces $1.75 Billion Investment Plan
Benzinga· 2025-06-12 12:24
A cryptocurrency named after GameStop Corp. GME blasted to triple-digit gains Wednesday after the video game retailer announced plans to raise over a billion dollars for investment purposes.What happened: BNB Chain BNB/USD-based GameStop Coin (GME) soared a whopping 532% in the last 24 hours, defying the broader market correction. The memecoin recorded a significant surge in trader interest, with volume jumping by 53%.GME outperformed blue-chip cryptocurrencies like Bitcoin BTC/USD and Dogecoin DOGE/USD, wh ...
Saudi Arabia Taps AMD, Cisco For Cloud Project: Report
Benzinga· 2025-06-12 05:29
Advanced Micro Devices, Inc. AMD and Cisco Systems, Inc. CSCO shares are higher in Wednesday's extended trading session after The Information reported the companies will invest in a Saudi AI-related cloud project. Last month, Cisco and AMD announced they will be joining HUMAIN's alliance to build Saudi Arabia's future AI infrastructure.Read Next: Nvidia’s Jensen Huang Sparks Quantum Stock Frenzy"The Gulf region’s AI revolution is truly impressive, and Cisco is proud to play a key role in ensuring it is impl ...
What's Going On With Applied Optoelectronics Stock?
Benzinga· 2025-06-12 04:53
Applied Optoelectronics, Inc. AAOI shares climbed in Wednesday's extended trading after the company announced its first volume shipment of high-speed data center transceivers to a major hyperscale data center customer.What To Know: Applied Optoelectronics did not name the customer, but said that the hyperscaler had been "recently re-engaged." Read Next: Nvidia’s Jensen Huang Sparks Quantum Stock FrenzyThe company also said this shipment marked the first volume shipment of the advanced high-speed data center ...