Articles written by Shivani Kumaresan - Benzinga

Coach Captures Gen Z Wallets, Drives Tapestry's EPS Upgrade, Says Analyst

Cloudflare Nets $160 Target After $130M Deal Spikes Shares

Crocs Kicks Up Its Outlook: Needham Lifts Price Target On Strong Q1 Stride

Why Is Clean Tech Company N2OFF'S Stock Jumping Today?

Nuvve Taps Crypto Advisors To Fuel Digital Asset Subsidiary, Stock Soars

Nuvve Holding rallied on Friday after the company partnered with several consultants specializing in blockchain strategy.

EVgo Is Well-Positioned For Robust Revenue Growth: Analyst

J.P. Morgan analyst Bill Peterson maintained an Overweight rating on EVgo Inc (NASDAQ:EVGO) with a $5 price target, citing strong revenue driven by the eXtend business and reaffirmed financial guidance. The DOE loan remains on track, easing investor concerns.

JPMorgan Sees More Upside For Costco As US Sales, E-Commerce Outperform

Costco (NASDAQ:COST) beat April sales expectations with a 7.1% U.S. comp gain, boosted by higher store traffic and rising transaction sizes. J.P. Morgan raised its price target to $1,088, citing strong momentum, global share gains, and big-ticket category strength.

Carvana Stock Jumps: Q1 Surpasses Expectations, Says Analyst

Carvana stock gains as BofA raises price target to $295. Q1 revenue and EBITDA beat estimates at $4.23B and $488M, with unit sales up 46% Y/Y.

Primo Brands Cools As Beverage Company Misses Wall Street Estimates

Primo Brands shares dip after Q1 FY25 revenue rose 42.1% to $1.61 billion missing estimates. EBITDA surged 56.9% to $341.5 million.

Most Of Burger King Parent Restaurant Brands Growth Came From New Restaurants; It Plans Up To $450 Million In 2025 Capex

Restaurant Brands International (NYSE:QSR) Q1 revenue rose 21.3% to $2.11B, missing estimates. Adjusted EPS of $0.75 fell short of $0.78 consensus. Comparable sales dropped for Tim Hortons, Burger King, and Popeyes.

Tapestry Stock Jumps As Coach Drives Surprise Q3 Beat and Full-Year Upgrade

Tapestry Inc (NYSE:TPR) revenue rose 7% to $1.58B. Coach drove 15% revenue growth in constant currency.

Why Is Footwear Giant Crocs Stock Surging Today?

Crocs (NASDAQ:CROX) shares rise after Q1 FY25 earnings beat. Revenue hit $937.33M, topping estimates, while adjusted EPS soared to $3.00 vs. $2.48 consensus. Crocs brand sales rose 2.4%; HEYDUDE dropped 9.8%. Gross margin improved to 57.8%.

Why Budweiser Parent Anheuser-Busch InBev's Stock Is Rising Today?

Anheuser-Busch InBev (NYSE:BUD) stock rises in premarket after Q1 FY25 earnings. Despite a 6.3% revenue drop to $13.63B, organic EBITDA rose 7.9% to $4.85B. Gross margin expanded to 55.6%, with EPS beating estimates at $0.81. CEO cites strong beer category momentum.

What's Going On With Six Flags Entertainment's Stock Today?

Following its merger with Cedar Fair, Six Flags (FUN) reported Q1 FY25 revenue of $202.06M and a net loss of $2.20 per share. Attendance reached 2.8M, with strong legacy Six Flags contribution.

Long-Term Decline In Cereal Market Poses Structural Challenges For Kellogg, Analyst Says

J.P. Morgan analyst Ken Goldman rated WK Kellogg (NYSE:KLG) Neutral with a $19 price target after Q1 EPS of $0.20 missed estimates. Revenue fell short at $663M vs. $679.49M forecast. KLG cut its 2025 outlook, projecting a 2–3% drop in organic net sales and flat to lower EBITDA. Ongoing cereal category struggles, rising capex, and tariff risks justify a valuation discount, the analyst noted.

What's Going On With Applebee Parent Dine Brands Stock On Wednesday?

Dine Brands Global (NYSE:DIN) shares rise after Q1 FY25 earnings despite a revenue miss. Sales grew 4.1% YoY to $214.78M, driven by the acquisition of 47 Applebee's locations. Adjusted EPS of $1.03 fell short of the $1.23 estimate.

Office Depot CEO Says It Can Mitigate Potential Tariffs Impact After Q1 Profit Dip

ODP Corporation (NASDAQ:ODP) shares rise after Q1 FY25 earnings beat. Revenue fell 9.2% YoY to $1.70B but topped the $1.67B estimate. Despite a drop in gross profit and an operating loss of $32M, adjusted EPS of $1.06 exceeded expectations.

Under Armour Faces Tough Road Ahead, Says Analyst

Telsey Advisory Group analyst Cristina Fernandez reiterated a Market Perform rating on Under Armour Inc (NYSE: UAA) and lowered the price target to $7.00 from $10.00. With ongoing challenges in North America and APAC, the company's Q4 FY25 results and FY26 guidance will be closely watched, particularly regarding demand, product reception, and tariff strategies.

Terra Chips Maker Hain Celestial Seeks Strategic Options For Business, Announces CEO Transition, Stock Tanks

Hain Celestial (NASDAQ:HAIN) posted a disappointing Q3 FY25, with revenue down 11% YoY to $390.35M and EPS missing at $0.07 vs. $0.13 expected. North American organic sales dropped 10%, hitting snacks and baby categories.

Performance Food Whips Up Growth, But Profit Miss Takes A Bite Out

Performance Food Group (NYSE:PFGC) posted Q3 FY25 revenue of $15.31B, up 10.5% YoY but missing the $15.40B estimate. Growth was fueled by acquisitions, including Cheney Bros, and higher case volumes. Adjusted EPS missed at $0.79 vs. $0.87 expected. Despite strong EBITDA growth of 20.1% to $385.1M, PFGC cut the top end of its FY25 sales outlook amid inflationary pressures and higher operating costs.