Latest news with #fiscalYear
Wall Street Journal
26-06-2025
- Business
- Wall Street Journal
McCormick Backs Guidance After Reporting Higher Profit, Sales
McCormick MKC -1.43%decrease; red down pointing triangle & Co.'s sales edged higher in its fiscal second quarter, while earnings beat Wall Street estimates. The maker of spices and seasonings also maintained its fiscal-year sales outlook, saying it is well positioned to mitigate higher costs from tariffs.
Wall Street Journal
25-06-2025
- Business
- Wall Street Journal
Winnebago Cuts Revenue, Profit Outlook After Declines
Winnebago WGO -0.03%decrease; red down pointing triangle Industries lowered its guidance for the fiscal year on the back of softer demand after logging lower revenue and profit in its third quarter. The motorhome manufacturer said that it has had to cut its expectations for the year largely due to challenges from the macroeconomic backdrop. It now expects revenue to be in the range of $2.7 billion to $2.8 billion, down from a previous guidance of between $2.8 billion and $3 billion. Analysts expect $2.76 billion.
Yahoo
21-06-2025
- Business
- Yahoo
Why Digital Turbine Stock Skyrocketed This Week
Digital Turbine stock rocketed higher after the company posted stronger-than-anticipated quarterly results on Tuesday. The company also issued guidance for its new fiscal year that topped Wall Street's targets. Digital Turbine's cost-cutting moves and increased focus on AI appear to have the business moving in the right direction. 10 stocks we like better than Digital Turbine › Digital Turbine (NASDAQ: APPS) stock saw explosive gains after reporting quarterly results earlier this week. The company's share price closed out the week up 23.1% from the previous week's market close. Before the market opened on Tuesday, Digital Turbine published its results for the fourth quarter of its last fiscal year, which wrapped up on March 31. While the stock saw significant pullbacks later in the week, it still ended the stretch with big gains. Digital Turbine's fiscal Q4 report arrived with sales and earnings that came in ahead of Wall Street's expectations. The business posted non-GAAP (adjusted) earnings per share of $0.10 on sales of $119.15 million, beating the average analyst estimate's call for adjusted per-share earnings of $0.04 on revenue of $116.64 million. While its adjusted per-share profit was down roughly 16.7% year over year, sales were up by around 6.2%. Investors were happy to see stronger-than-anticipated sales and earnings performance in the period. In addition to reporting Q4 results that beat Wall Street's targets, the adtech specialist also issued forward guidance that came in better than anticipated. With guidance for sales between $515 million and $525 million this year, Digital Turbine's midpoint target calls for annual revenue growth of roughly 6%. Meanwhile, the company is targeting adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of between $85 million and $90 million. Hitting the midpoint of that guidance range would mean posting annual growth of 21%. Digital Turbine's business appears to be stabilizing, and its efforts to integrate artificial intelligence (AI) tools into its services for app promotions appear to be yielding beneficial results. The company's heavy exposure to the Chinese market poses a significant risk factor if geopolitical tensions with the U.S. continue to rise, but the company's cost-cutting moves and strategic shifts have been bearing fruit. Before you buy stock in Digital Turbine, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Digital Turbine wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Digital Turbine Stock Skyrocketed This Week was originally published by The Motley Fool
Yahoo
20-06-2025
- Business
- Yahoo
Darden Restaurants Issues Upbeat Full-Year Same-Store Sales Outlook Following Quarterly Beat
Darden Restaurants (DRI) on Friday forecast same-store sales growth for the current fiscal year slig 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
17-06-2025
- Business
- Yahoo
Bank of Japan Holds Rates, Plans Slower Withdrawal From Bond Market
The Bank of Japan left its benchmark rate unchanged on Tuesday and said it would slow its tapering of government bond buying from the start of the next fiscal year. Bloomberg's Shery Ahn reports from Tokyo.
