Latest news with #DOMO
Business Insider
3 days ago
- Business
- Business Insider
TD Cowen Reaffirms Their Hold Rating on Domo (DOMO)
In a report released yesterday, Derrick Wood from TD Cowen maintained a Hold rating on Domo (DOMO – Research Report), with a price target of $13.00. Confident Investing Starts Here: Wood covers the Technology sector, focusing on stocks such as Domo, Oracle, and ServiceNow. According to TipRanks, Wood has an average return of 15.0% and a 62.40% success rate on recommended stocks. In addition to TD Cowen, Domo also received a Hold from D.A. Davidson's Alex Platt in a report issued on May 22. However, on May 28, Cantor Fitzgerald reiterated a Buy rating on Domo (NASDAQ: DOMO). Based on Domo's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $78.77 million and a GAAP net loss of $17.68 million. In comparison, last year the company earned a revenue of $80.18 million and had a GAAP net loss of $18.69 million Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOMO in relation to earlier this year. Most recently, in March 2025, David R Jolley, a Director at DOMO sold 25,000.00 shares for a total of $207,750.00.
Yahoo
22-05-2025
- Business
- Yahoo
Urban Outfitters Inc (URBN) Q1 2026 Earnings Call Highlights: Record Sales and Strategic Growth ...
Total Sales Growth: 11% increase, reaching $1.3 billion. Retail Segment Comp: 5% increase. Wholesale Segment Revenue: 24% increase. Gross Profit: 20% increase to $489 million; gross profit rate improved by 278 basis points to 36.8%. SG&A Expenses: Increased by 8.1%, leveraging by 65 basis points. Operating Income: 72% increase to $128 million; operating profit rate improved by over 340 basis points to 9.6%. Net Income: 75% increase to $108 million or $1.16 per diluted share. Anthropologie Retail Segment Comp: 7% increase. Free People Total Sales Growth: 11% increase; Wholesale segment revenue up 26%. FP Movement Sales Growth: 29% increase; 43 new stores opened in the past 12 months. Urban Outfitters Global Retail Segment Comp: 2% positive comp. Nuuly Revenue Growth: 60% increase; over 110,000 increase in average active subscribers year-over-year. Store Openings and Closures: Planning to open 64 new stores and close 17 this fiscal year. Warning! GuruFocus has detected 7 Warning Signs with DOMO. Release Date: May 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Urban Outfitters Inc (NASDAQ:URBN) reported a record-breaking quarter with total sales growing by 11% to $1.3 billion. The company achieved a 20% increase in gross profit dollars, reaching a record $489 million, with improved gross profit margins. All brands delivered positive sales comps, with four out of five brands posting record first-quarter sales. Nuuly, the company's subscription service, saw a 60% revenue growth and added over 110,000 average active subscribers compared to the prior year. The Anthropologie brand achieved its tenth consecutive quarter of double-digit operating profit growth, driven by strong performance across all categories. Urban Outfitters North America recorded a negative 4% retail segment comp, although this was offset by a strong positive 14% comp in Europe. The digital business in North America faced challenges due to heavy promotional activity from the prior year, impacting comps negatively. The company anticipates potential negative impacts from tariffs, with a 10% global tariff and a 30% tariff on items from China. Inventory growth in Q2 may exceed sales growth due to early receipts to mitigate tariff impacts, posing a risk of overstock. Urban Outfitters North America is still in the process of turning around its profitability, with expectations that it won't happen this year. Q: What were the key drivers of success for Urban Outfitters in Europe, and how can these be applied to the US business? A: Richard Hayne, Chairman and CEO, attributed the success to strong product offerings, particularly in bottoms and tops, and effective marketing strategies. Sheila Harrington, Global CEO of Urban Outfitters Group and Free People Group, added that women's wear in Europe has gained momentum, and the strong partnership between Europe and North America is promising for future growth. Q: Has Urban Outfitters implemented smaller store formats to increase productivity? A: Shea Jensen, Urban Outfitters North America, stated that while no adjustments have been made yet, there is flexibility with leases over the next few years to potentially downsize or relocate stores. An example is the Houston store, which will be downsized and apply a new store concept. Q: How is Urban Outfitters planning to manage inventory in light of tariffs and potential supply chain disruptions? A: Melanie Marein-Efron, CFO, explained that inventory transit times were faster than planned, and some early receipts were brought in ahead of uncertain tariffs. The plan for Q2 is to bring in fall inventory early to mitigate tariff impacts and potential disruptions. Q: What is the outlook for Urban Outfitters' performance in Q2 and the rest of the year? A: Richard Hayne, CEO, indicated that May's comp sales are similar to Q1, with expected mid-single-digit Retail segment comps for Anthropologie and Free People, low single-digit positive comps for Urban Outfitters, and strong growth for Nuuly. Overall, URBN Q2 sales could increase in the high single-digit range. Q: How is Nuuly performing, and what is its profitability outlook? A: Dave Hayne, President of Nuuly, reported strong growth with a 23% increase in active subscribers in Q1. The business is profitable, and while there are no current plans to raise prices, the goal is for Nuuly to achieve a 10% operating profit in the future. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Domo: Fiscal Q1 Earnings Snapshot
AMERICAN FORK, Utah (AP) — AMERICAN FORK, Utah (AP) — Domo, Inc. (DOMO) on Wednesday reported a loss of $18.1 million in its fiscal first quarter. On a per-share basis, the American Fork, Utah-based company said it had a loss of 45 cents. Losses, adjusted for one-time gains and costs, were 9 cents per share. The company posted revenue of $80.1 million in the period. For the current quarter ending in July, Domo expects its results to range from a loss of 7 cents per share to a loss of 3 cents per share. The company said it expects revenue in the range of $77.5 million to $78.5 million for the fiscal second quarter. Domo expects full-year results to range from a loss of 26 cents per share to a loss of 18 cents per share, with revenue ranging from $312 million to $320 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DOMO at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Domo: Fiscal Q1 Earnings Snapshot
AMERICAN FORK, Utah (AP) — AMERICAN FORK, Utah (AP) — Domo, Inc. (DOMO) on Wednesday reported a loss of $18.1 million in its fiscal first quarter. On a per-share basis, the American Fork, Utah-based company said it had a loss of 45 cents. Losses, adjusted for one-time gains and costs, were 9 cents per share. The company posted revenue of $80.1 million in the period. For the current quarter ending in July, Domo expects its results to range from a loss of 7 cents per share to a loss of 3 cents per share. The company said it expects revenue in the range of $77.5 million to $78.5 million for the fiscal second quarter. Domo expects full-year results to range from a loss of 26 cents per share to a loss of 18 cents per share, with revenue ranging from $312 million to $320 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DOMO at
Yahoo
20-05-2025
- Business
- Yahoo
Domo (DOMO) Reports Earnings Tomorrow: What To Expect
Data visualization and business intelligence company Domo (NASDAQ:DOMO) will be reporting earnings tomorrow after the bell. Here's what to look for. Domo beat analysts' revenue expectations by 1% last quarter, reporting revenues of $78.77 million, down 1.8% year on year. It was a very strong quarter for the company, with a solid beat of analysts' billings estimates and EPS guidance for next quarter exceeding analysts' expectations. Is Domo a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Domo's revenue to decline 3% year on year to $77.68 million, a deceleration from its flat revenue in the same quarter last year. Adjusted loss is expected to come in at -$0.19 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Domo has missed Wall Street's revenue estimates twice over the last two years. Looking at Domo's peers in the data analytics segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Palantir delivered year-on-year revenue growth of 39.3%, beating analysts' expectations by 2.5%, and Amplitude reported revenues up 10.1%, in line with consensus estimates. Palantir traded down 12.2% following the results while Amplitude was up 11.1%. Read our full analysis of Palantir's results here and Amplitude's results here. There has been positive sentiment among investors in the data analytics segment, with share prices up 23.7% on average over the last month. Domo is up 27.3% during the same time and is heading into earnings with an average analyst price target of $10.50 (compared to the current share price of $8.68). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
