$Pinduoduo(PDD)$ Just announced 24th Q1's results blew up again, with revenue +131% y/y, the highest in 21 years and 13% higher than the market consensus, gross profit 62% 5% higher than the market's expectations, and net profit +200%, nearly double the market consensus!This volume, this growth rate, also on the AI leading Nvidia can be temporarily a comparison, can be said to be the light of the United States stock Nvidia, the light of the Chinese probability of Pinduoduo.Why did you get such a good performance?In terms of the domestic part, advertising revenue surged, much to the surprise of the market, and two reasons have to be mentioned for the 56% growth rate despite last year's high base:E-commerce is efficient in conversionE-co
$Walmart (WMT)$ announced its Q1 earnings report After that, the stock went straight up to new highs.Q1 key performanceRevenue of $161.51 billion was up 5.8% year-over-year, beating market expectations of $159.42 billion.Adjusted EPS came in at $0.60, beating estimates of $0.53.U.S. same-store sales increased 3.8 percent and Sam's Club same-store sales increased 4.4 percent.E-commerce sales grew 22% year-over-year, driven by third-party sellers and in-store pickup/delivery services.New businesses such as advertising and membership service Walmart+ contributed about one-third of the operating income growth.Revenues from the global advertising business grew 24%, with the U.S. up 26%.The number of third-party sellers grew by 36%, with mor
$Nike(NKE)$ released its financial report for the fourth quarter of the 2023 fiscal year, ending on May 31, after the market closed on June 29.Q4 Earnings ReviewQ4 revenue increased by 5% year-on-year, reaching $12.8 billion, slightly higher than the market's expectation of $12.6 billion. Adjusted for currency-neutral calculations, the growth was 8%. Nike brand revenue amounted to $12.2 billion, growing by 5% year-on-year and 8% on a currency-neutral basis. All brands, channels, and regions experienced growth. Direct sales revenue reached $5.5 billion, surpassing the expected $5.12 billion and growing by 15% year-on-year. Adjusted for currency-neutral calculations, the growth was 18%. Nike-owned store sales increased by 24%, and Nike brand digital
Oracle sets a new high, Q4 earnings indicates AI opportunities.
$Oracle(ORCL)$ stock reached a new all-time high after the Q4 financial report released on June 12th. It is evident that the recent AI concepts have made the company a highly sought-after target. The outstanding performance of the cloud business has greatly surpassed expectations in terms of revenue and profit. The development of AI is also reliant on software services, which will continue to contribute to the company's growth, generating high expectations among investors.Over the past 20 days, the company's stock has already risen by over 30%. On June 12th, it performed exceptionally well during trading hours (+6.0%), and remained optimistic after the post-report announcement (+3.9%), although there was no double-digit increase.Q4 Performance Ove
$lululemon athletica(LULU)$ announced its performance for Q1 of the fiscal year 2023. Unlike the overall slump in the clothing retail sector and the recent sell-offs of luxury brands, LULU's strong Q1 performance and Q2 guidance led to a 13% surge in its stock price after hours.Performance Overview- Total revenue reached $2 billion, a year-on-year increase of 24%, or 27% growth on a fixed exchange rate basis.- International market growth was 60%, while North America grew by 17%.- Comparable store sales increased by 14% year-on-year or 17% on a fixed currency basis.- Direct-to-consumer revenue grew by 16% or 18% on a fixed exchange rate basis, accounting for 42% of total sales.- Gross margin reached $1.2 billion, with a gross profit margin of 57.5%
Not AI-Driven? CRM's safe outlook makes valuation more attractive
$Salesforce.com(CRM)$ reported earnings last quarter that significantly exceeded expectations, and the stock price surged without a significant pullback. We mentioned last quarter that CRM still had a potential upside of 66%.Before the announcement of Q1 FY24 earnings, the market remained relatively optimistic about CRM's performance. Q1 expectations were high, and there was optimism regarding the performance outlook driven by AI. The secondary market price also exceeded $220 before the earnings release.However, CRM's executives did not intend to oversell expectations. Although the Q1 earnings results still surpassed expectations overall, the outlook for the future was not overly opt
All-Time-High Consumer Discretionary Stocks in Q1: PEP, CMG, CELH, ELF
As the earnings season is coming to an end, we’d like to review this earnings season. Many stocks rose to an all-time-high or a new high in Q1.According to Factset, consumer discretionary sector posted the highest earnings growth. Therefore, this article will list the cosumer discretionary stocks that reach a new high in Q1.Consumer Discretionary Stocks That Reached A New High1.$Pepsi(PEP)$ rose to an all-time-high of $196.88 on 15th May. It posted earnings on 26th April, which boosted its outlook for the year and beat revenue expectations. Adjusted EPS: $1.50 vs. $1.39Revenue: $17.85 bln vs. $17.22 bln 2. Burrito chain $Chipotle Mexican Grill(CMG)$ rose to an all-time-high of $213
Q&A(Question-and-Answer Session)is a session after the company's prepared remarks where institutional investors and analysts ask management questions. In this dialogue, you may find some valuable information that might affect the stock price in the following weeks.Now let's look at some key points from PDD Q1 2023 Q&A Session Transcript $Pinduoduo Inc.(PDD)$ Q:My question is: noting PDD recently implemented the Co-CEO structure, how does the change affect your group strategies? What are your key growth drivers going forward? Per your announcement, post the Co-CEO structure change, Lei will focus more on the globalization side. Does that mean your globalization strategy now has a higher priority?A:I can take your first question on
Top Earnings| Semiconductor Company MRVL +16% on Estimate Beat; GPS & RL Improved Results
Let’s check the small-cap stock movers yesterday. $Marvell Technology(MRVL)$, $Gap(GPS)$ and $Ralph Lauren(RL)$ rose around 10% after they posted stellar earnings.1. $Marvell Technology(MRVL)$ jumped 16.74% as it topped estimates for EPS and revenueMarvell Technology jumped 16.74% after the semiconductor producer beat analysts’ expectations for its first quarter.Marvell notched 31 cents in adjusted earnings per share on $1.32 billion in revenue, while analysts polled by Refinitiv estimated 29 cents per share and $1.3 billion in revenue.The company also said revenue growth should accelerate in the second half of the fis
Top Earnings| SNOW plunged 14% on weak guidance; PANW topped EPS and Revenue
As the earnings season is coming to an end, some growth stocks released their earnings.1. $Snowflake(SNOW)$ - 13% as the company issued weak guidanceShares of cloud data platform provider Snowflake slid more than 13% in extended trading on Wednesday after the company issued weak guidance in its earnings report and said it will acquire search startup Neeva for an undisclosed amount. Adjusted EPS: 15 cents vs. 5 cents expected by analystsRevenue: $624 mln vs. $608 mln expected by analystsGuidance: $625 mln vs. $649 mlnSnowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.The cloud software company expects product revenue will be between $620 millio
$Sea Ltd(SE)$ Hahahaha, this is why your discount voucher sucks! I hate your strategies with lousy discounts tagged to your silly Shopeepay only. Throw this stupid strategy please as we all have our own credit cards to match with the cash backs
But another possible theory cld be that the salary hike was just a ruse to increase the prices so that team can exercise their options for the sell out that wld still be worth it given it can easily do some headcount adjustments
Sea Misses Profit Estimates, Showing Turnaround Still Fragile
Gaming and e-commerce firm only recently reached breakevenSoutheast Asia firm took dramatic measures
$Pinduoduo(PDD)$ Just announced 24th Q1's results blew up again, with revenue +131% y/y, the highest in 21 years and 13% higher than the market consensus, gross profit 62% 5% higher than the market's expectations, and net profit +200%, nearly double the market consensus!This volume, this growth rate, also on the AI leading Nvidia can be temporarily a comparison, can be said to be the light of the United States stock Nvidia, the light of the Chinese probability of Pinduoduo.Why did you get such a good performance?In terms of the domestic part, advertising revenue surged, much to the surprise of the market, and two reasons have to be mentioned for the 56% growth rate despite last year's high base:E-commerce is efficient in conversionE-co
$Walmart (WMT)$ announced its Q1 earnings report After that, the stock went straight up to new highs.Q1 key performanceRevenue of $161.51 billion was up 5.8% year-over-year, beating market expectations of $159.42 billion.Adjusted EPS came in at $0.60, beating estimates of $0.53.U.S. same-store sales increased 3.8 percent and Sam's Club same-store sales increased 4.4 percent.E-commerce sales grew 22% year-over-year, driven by third-party sellers and in-store pickup/delivery services.New businesses such as advertising and membership service Walmart+ contributed about one-third of the operating income growth.Revenues from the global advertising business grew 24%, with the U.S. up 26%.The number of third-party sellers grew by 36%, with mor