Salesforce, Raised Outlook
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Best Buy raised its full fiscal-year outlook on Thursday after reporting a stronger-than-expected first-half performance.
The food company, which owns Spam and Skippy peanut butter, cut its outlook for annual sales to a range of $12.1 billion to $12.2 billion from $12.2 billion to $12.5 billion.
Dollar General (NYSE:DG | DG Price Prediction) stock is leading the discount-retail sector higher Thursday after a clean second-quarter beat and a raised full-year outlook, while Dollar Tree (NASDAQ:DLTR) stock is going the other way in the same session.
For the quarter that ended on July 31, Rubrik reported adjusted earnings of 20 cents per share, reversing a loss of three cents per share in the same quarter a year earlier, on revenue of $427.3 million,
On Wednesday, Synopsys, Inc. (NASDAQ: SNPS ) reported strong third-quarter results and raised outlook . During the call, CEO Sassine Ghazi said AI is creating unprecedented complexity and driving stronger demand for the silicon IP and engineering solutions needed to build next-generation AI computing,
Dollar General lifted its outlook for the year as profit and sales climbed in the latest quarter, boosted by consumers’ continued reliance on the company for low-cost goods.
By Caroline Valetkevitch NEW YORK, Aug 27 (Reuters) - Shares of Build-A-Bear Workshop plunged on Thursday and were on pace for a record daily percentage drop after the retailer of customized stuffed animals reduced its revenue outlook for the second time this year and fired its chief growth officer.