Best Buy tops Q1 estimates; CEO Corie Barry to step down
Best Buy (NYSE:BBY) delivered a stronger-than-expected performance for the first quarter of fiscal 2027, driven by a return to positive comparable store sales and improved operating margins.
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Best Buy (NYSE:BBY) delivered a stronger-than-expected performance for the first quarter of fiscal 2027, driven by a return to positive comparable store sales and improved operating margins.
Burlington Stores (NYSE:BURL) reported first-quarter financial results that exceeded internal forecasts, driven by sustained consumer traffic and improved operational efficiency.
Build-A-Bear Workshop (NYSE:BBW) today announced its financial results for the first quarter of fiscal year 2026 ended May 2, 2026, delivering expanded bottom-line profitability and improved margins despite experiencing a slight contraction in its top-line revenue.
Dollar Tree (NASDAQ:DLTR) raised its full-year profit outlook after reporting a 38% jump in adjusted quarterly earnings, driven by resilient demand for discount merchandise and significant operating margin expansion across its retail network.
Hormel Foods (NYSE:HRL) reported solid second-quarter fiscal 2026 financial results on Thursday, marked by its sixth consecutive quarter of organic top-line expansion and significant growth in adjusted profitability.
Royal Bank of Canada (NYSE:RY) delivered a powerful second-quarter performance, reporting a 25% surge in net income as growth accelerated across all primary business divisions.
Xunlei (NASDAQ:XNET) delivered substantial top-line expansion for the first quarter of 2026, though a significant non-cash write-down within its investment portfolio dragged its bottom-line performance into a steep GAAP loss.
ATS (NYSE:ATS) today reported a significant narrowing of its net loss for the fourth quarter of fiscal 2026, supported by robust top-line revenue growth, even as forward-looking order metrics cooled.
BRP (NASDAQ:DOO) delivered a starkly divided opening to its fiscal year, posting a major surge in first-quarter revenue while simultaneously scaling back its full-year profitability projections to account for a volatile global trade environment.
Autohome (NYSE:ATHM) reported a steep decline in first-quarter revenue and recorded an operating loss, reflecting a challenging landscape for automotive advertising and lead-generation platforms in China.
The Bank of N.T. Butterfield & Son (NYSE:NTB) entered into a definitive agreement to acquire a controlling 91.7% stake in CIBC Caribbean Bank from Canadian Imperial Bank of Commerce.
Weibo (NASDAQ:WB) reported a 6% increase in first-quarter net revenue, propelled by a recovery in digital advertising demand that outpaced ongoing structural declines in its secondary value-added services division.
XPeng (NYSE:XPEV) reported a decline in first-quarter revenue and a widening net loss as vehicle deliveries contracted during a seasonal slowdown in the Chinese electric vehicle market.
GSK (NYSE:GSK) and partner Ionis Pharmaceuticals (NASDAQ:IONS) announced positive data from two pivotal Phase 3 trials evaluating bepirovirsen, an investigational antisense oligonucleotide designed to treat chronic hepatitis B.
DouYu International Holdings (NASDAQ:DOYU) reported a 13.2% decline in total net revenues for the first quarter of 2026, underscoring ongoing structural challenges in China’s game-centric live streaming market.
Li Auto (NASDAQ:LI) swung to a net loss in the first quarter of 2026 as intense domestic pricing competition drastically compressed its profit margins, overshadowing a modest rise in total vehicle deliveries.
Oil prices jumped more than 2% on Thursday morning after Iran’s Islamic Revolutionary Guard Corps targeted a U.S. military installation, swiftly reversing a sharp sell-off from the previous session that had been fueled by optimism over a potential diplomatic resolution to the conflict.
Futu Holdings (NASDAQ:FUTU) reported a 24.7% increase in total revenue for the first quarter of 2026, driven by sustained transaction volume across its digital brokerage and wealth management platforms.
Elbit Systems (NASDAQ:ESLT) was awarded a contract valued at approximately $350 million from an international customer to deliver comprehensive modernization packages for Main Battle Tanks.
Alarum Technologies (NASDAQ:ALAR) reported a sharp expansion in its first-quarter revenue compared to the prior year, driven by intensifying institutional demand for complex web data collection and scalable enterprise workloads.
Sol-Gel Technologies (NASDAQ:SLGL) reported a narrowed net loss for the first quarter of 2026, driven by a sharp reduction in research and development expenses as the clinical-stage biotechnology firm solidified its financing footprint.
HP (NYSE:HPQ) reported a 9% increase in fiscal second-quarter net revenue, driven by a double-digit resurgence in personal computer shipments that countered stagnant demand within its printing division.
Marvell Technology (NASDAQ:MRVL) reported first-quarter fiscal 2027 net revenue that surpassed the midpoint of its previous forecasts, driven by sustained momentum in data infrastructure semiconductor solutions.
Salesforce (NYSE:CRM) reported a 13% increase in first-quarter revenue, bolstered by steady demand for its cloud-based customer management software and initial contributions from its Informatica acquisition.
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