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Franklin Covey Shares Fall Nearly 8% After Q1 Miss, Management Reaffirms Optimistic Guidance

Franklin Covey Co. (NYSE:FC) fell 7.93% in after-hours on Wednesday as it missed the first-quarter estimates, but the management highlighted that the combined impact of its focused initiatives will boost future earnings, reaffirming its guidance for the current fiscal. What Happened: Paul Walker, the president, CEO, and director of Franklin Covey highlighted two key areas […]

Avadel Pharmaceuticals Misses Earnings Estimates But Posts 150% Sales Increase From Narcolepsy Drug LUMRYZ

Avadel Pharmaceuticals (NASDAQ:AVDL) slipped by 25.63% in after-hours on Wednesday after it missed the fourth quarter sales estimate by 5.12%. Still, the sales of its narcolepsy drug, LUMRYZ rose by 150% on an annual basis. What Happened: The preliminary earnings results for the fourth quarter pegged a 150% increase in net product revenue to $50 […]

Options Corner: Disappointing Signet Jewelers Offers A Diamond In The Rough

While the holiday season tends to brighten spirits, love was certainly not in the air for Signet Jewelers Ltd (NYSE:SIG). Early last month, the diamond jewelry retailer posted disappointing results for its fiscal third quarter. Nevertheless, investors historically have bought extreme dips in SIG stock, opening the real possibility of a near-term bullish options strategy. […]

Options Corner: Winnebago’s Implosion Could Signal A Comeback Opportunity

After suffering a recent earnings miss combined with a challenging economic backdrop, shares of recreational vehicle provider Winnebago Industries, Inc. (NYSE:WGO) have printed gobs of red ink over the trailing month. Nevertheless, historical data reveals that investors tend to view bouts of unusual volatility as a buying opportunity, thus making the case for bullish speculation. […]

From 4.2 Million Thanksgiving Pies To Record Pizza Sales: Costco Hits 4 Major Milestones In Q1, Beating Earnings Estimates

Costco Wholesale Corporation‘s (NASDAQ:COST) first-quarter revenue and earnings per share beat analyst estimates. The management highlighted four new milestones achieved by the company during the said quarter. What Happened: According to the president and CEO of the company Ron Vachris, “Costco Logistics completed nearly 1 million deliveries in Q1 and over 196,000 deliveries last week […]

Oracle’s Earnings Fallout Offers Hidden Contrarian Opportunity

Enterprise-software stalwart Oracle Corp (NYSE:ORCL) suffered significant volatility during Monday’s after-hours session following the release of disappointing financial results. For its fiscal second quarter, the company posted adjusted earnings per share of $1.47, missing Wall Street’s consensus view of $1.48. Further, on the top line, sales of $14.06 billion fell short of the anticipated $14.11 […]

Target Says Shoppers Wait For ‘Deals’ A Day After Rival Walmart Credits Market Gains To Wealthy Households: TGT Edges Up Marginally In Thursday Premarket

Target Corporation (NYSE:TGT) and Walmart Inc. (NYSE:WMT) released their September quarter results just a day apart. Target’s management highlighted that its customers were most active during sales and promotional events, while Walmart’s leadership attributed 75% of its market share growth to households earning six-figure incomes. Target’s executive vice president and chief commercial officer company Rick […]

Nvidia Shares To Climb Over $140+ Levels, Says Technical Analyst Ahead Of Q3 Results: ‘…Will Have To Beat Street Expectations For The Trend To Continue’

The world’s largest market capitalization company, Nvidia Corp (NASDAQ:NVDA), will report its September quarter earnings on Wednesday, Nov. 20. The street is keenly waiting for the company to report its financials as its shares have risen 191% year-to-date but declined by 2.5% over the last month. On a year-to-date basis, Nvidia has outperformed the Nasdaq […]

Apple’s Key Supplier Foxconn’s Gross Profit Hit 7 Year High In Q3, Aims To Expand AI Capabilities By Next Year

Apple Inc.‘s (NASDAQ:AAPL) Taiwan-based supplier Foxconn (OTC:HNHPF) reported its third-quarter results on Thursday. The company, also known as Hon Hai Precision Industry, said its profit margins improved across the board. According to the company’s press release, its gross profit margin hit a quarterly record high not seen since 2017. Net profit attributable to owners of […]