News

American firearms manufacturer Smith & Wesson (NASDAQ:SWBI) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 15.7% year on year to $115.9 million. Its non-GAAP profit of $0.02 per share was in line with analysts’ consensus estimates.

Clothing and accessories retailer Gap (NYSE:GAP) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 3.5% year on year to $4.15 billion. On the other hand, next quarter’s revenue guidance of $3.39 billion was less impressive, coming in 1.4% below analysts’ estimates. Its GAAP profit of $0.54 per share was 43.4% above analysts’ consensus estimates.

Casual sandwich chain Potbelly (NASDAQ:PBPB) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 7.3% year on year to $116.6 million. Its non-GAAP profit of $0.13 per share was 92.6% above analysts’ consensus estimates.

Broadcom reported fiscal first-quarter results that topped analysts’ expectations, sending shares higher in extended trading Thursday.

Membership-only discount retailer Costco (NASDAQ:COST) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 9% year on year to $63.72 billion. Its GAAP profit of $4.02 per share was 2.1% below analysts’ consensus estimates.

Fast food chain El Pollo Loco (NASDAQ:LOCO) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 1.8% year on year to $114.3 million. Its non-GAAP profit of $0.20 per share was 48.1% above analysts’ consensus estimates.

Fold CEO Will Reeves said that David Sacks, who led Fold’s Series A in 2019, is now shaping U.S. crypto policy, calling it a major validation for the industry.