Adobe(ADBE) - 2025 Q2 - Quarterly Results
2025-06-12 20:19
Financial Performance - Adobe achieved record revenue of $5.87 billion in Q2 FY25, representing 11% year-over-year growth[5] - Diluted earnings per share were $3.94 on a GAAP basis and $5.06 on a non-GAAP basis[5] - Digital Media segment revenue was $4.35 billion, reflecting 11% year-over-year growth, with an Annualized Recurring Revenue (ARR) of $18.09 billion, up 12.1% year-over-year[5] - Digital Experience segment revenue reached $1.46 billion, showing 10% year-over-year growth, with subscription revenue of $1.33 billion, up 11% year-over-year[5] - Net income for the three months ended May 30, 2025, was $1,691 million, an increase of 7.5% compared to $1,573 million for the same period in 2024[17] - Non-GAAP operating income for the three months ended May 30, 2025, was $2,674 million, up 9.5% from $2,441 million in the same period last year[20] - GAAP diluted net income per share increased to $3.94 for the three months ended May 30, 2025, compared to $3.49 for the same period in 2024, reflecting a growth of 12.9%[20] - Cash flows from operating activities for the three months ended May 30, 2025, were $2,191 million, compared to $1,940 million for the same period in 2024, representing a 12.9% increase[17] Revenue Projections - For Q3 FY25, Adobe targets total revenue of $5.875 billion to $5.925 billion and earnings per share of $4.00 to $4.05 on a GAAP basis[6] - For FY25, total revenue is projected to be between $23.50 billion and $23.60 billion, with GAAP earnings per share expected to be between $16.30 and $16.50[6] - The Business Professionals and Consumers Group subscription revenue was $1.60 billion, representing 15% year-over-year growth[9] - The Creative and Marketing Professionals Group subscription revenue was $4.02 billion, reflecting 10% year-over-year growth[9] Performance Obligations - Remaining Performance Obligations (RPO) were $19.69 billion, with Current Remaining Performance Obligations (cRPO) at 67%[5] Stock Repurchase - Adobe repurchased approximately 8.6 million shares during the quarter[5] - The company repurchased $3,500 million of common stock during the three months ended May 30, 2025, compared to $2,500 million in the same period last year, indicating a 40% increase in stock repurchases[17] Tax and Margins - The effective income tax rate for GAAP was 19.5% for the second quarter of fiscal 2025, with a non-GAAP effective income tax rate of 18.5%[21][28] - For fiscal year 2025, the company projects GAAP diluted net income per share to be between $16.30 and $16.50, while non-GAAP diluted net income per share is expected to be between $20.50 and $20.70[25] - The GAAP operating margin for fiscal year 2025 is projected to be 36.0%, with a non-GAAP operating margin of 46.0%[25] Cash and Financing Activities - Cash and cash equivalents at the end of the period were $4,931 million, down from $7,660 million at the end of the same period last year[17] - Net cash used for financing activities was $3,788 million for the three months ended May 30, 2025, compared to $642 million in the same period last year, indicating a significant increase in cash outflow for financing[17]
Victoria’s Secret & (VSCO) - 2026 Q1 - Quarterly Report
2025-06-12 20:17
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 3, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40515 _________________________________ VICTORIA'S SECRET ...
Buckle(BKE) - 2026 Q1 - Quarterly Report
2025-06-12 18:24
Financial Performance - Net sales increased from $262.5 million in Q1 2024 to $272.1 million in Q1 2025, a 3.7% increase [55] - Comparable store net sales for the thirteen-week period ended May 3, 2025, increased by 3.0% compared to the prior year [55] - Gross profit was $127.0 million in Q1 2025, representing 46.7% of net sales, up from 46.0% in Q1 2024 [57] - Income from operations was $43.5 million, or 16.0% of net sales, for Q1 2025, compared to $42.4 million, or 16.2% of net sales, for Q1 2024 [59] - Cash flow from operations was $31.0 million in Q1 2025, compared to $29.9 million in Q1 2024 [60] Capital Expenditures and Investments - Total capital expenditures for fiscal 2025 are estimated to be approximately $50.0 to $55.0 million [63] - The company had total cash and investments of $320.0 million as of May 3, 2025 [63] - The company has an unsecured line of credit of $25.0 million with Wells Fargo Bank, N.A., expiring on July 31, 2025 [65] - The Company has an unsecured line of credit of $25.0 million, with $10.0 million available for letters of credit [73] Inventory and Obligations - As of May 3, 2025, the adjustment to inventory for markdowns and/or obsolescence was $9.7 million, compared to $9.2 million as of February 1, 2025 [71] - The total contractual obligations as of May 3, 2025, amounted to $499.486 million, with operating lease payments contributing $452.013 million [73] - The Company had outstanding letters of credit totaling $1.1 million as of May 3, 2025, down from $2.2 million as of February 1, 2025 [73] Business Strategy and Operations - The company plans to open 7 new stores and complete 16 full store remodels during fiscal 2025 [63] - The holiday and back-to-school seasons accounted for approximately 35% of the Company's fiscal year net sales for fiscal years 2024, 2023, and 2022 [74] - Store leases typically have an initial term of 10 years, with options to renew for an additional 1 to 5 years [71] - Management reviews inventory levels against estimated future demand and current market conditions, which could significantly impact net earnings [71] Financial Risks and Trends - A one-quarter percent decline in the interest/dividend rate earned on cash and investments would decrease the Company's net income by approximately $0.5 million [76] - The Company has no known trends or uncertainties that would materially affect its financial condition or results of operations [72] - The Company does not undertake to update any forward-looking statements made from time to time [75]
Genesco(GCO) - 2026 Q1 - Quarterly Report
2025-06-12 13:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Commission File No. 1-3083 Genesco Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Tennessee 62-0211340 (I.R.S. Employer Identification No.) 535 Marriott Drive 37214 Nashville, Tennessee (Address of principal executive offices) Registrant's telephone number, including area code: (615) 367-7000 Securities registered pursuant to Section 12(b) o ...
Build-A-Bear Workshop(BBW) - 2026 Q1 - Quarterly Report
2025-06-12 13:15
For the quarterly period ended May 3, 2025 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 001-32320 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 BUILD-A-BEAR WORKSHOP, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 43-1883836 (State or Other Jurisdi ...
Oxford Industries(OXM) - 2026 Q1 - Quarterly Report
2025-06-12 13:09
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 3, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from____to____ Commission File Number: 1-4365 OXFORD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Georgia 58-0831862 (404) 659-2424 ...
J.W. Mays(MAYS) - 2025 Q3 - Quarterly Report
2025-06-12 13:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) | New York | 11-1059070 | | --- | --- | | State or Other Jurisdiction of Incorporation or Organization | I.R.S. Employer Identification No. | 9 Bond Street, Brooklyn, New York 11201 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...
Car-Mart(CRMT) - 2025 Q4 - Annual Results
2025-06-12 11:30
EXHIBIT 99.1 America's Car-Mart Reports Fourth Quarter and Fiscal Year 2025 Results ROGERS, Ark, June 12, 2025 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) ("we," "Car-Mart" or the "Company"), today reported financial results for the fourth quarter and full year ended April 30, 2025. Fourth Quarter Key Highlights (FY'25 Q4 vs. FY'24 Q4, unless otherwise noted) Full Year Key Highlights (FY'25 vs. FY'24, unless otherwise noted) President and CEO Doug Campbell commentary: "Fiscal year 2025 marke ...
The Lovesac pany(LOVE) - 2026 Q1 - Quarterly Report
2025-06-12 11:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38555 THE LOVESAC COMPANY (Exact name of registrant as specified in its charter) | Delaware | 32-0514958 | | --- | --- | | ...
The Lovesac pany(LOVE) - 2026 Q1 - Quarterly Results
2025-06-12 11:00
Exhibit 99.1 THE LOVESAC COMPANY REPORTS FIRST QUARTER FISCAL 2026 FINANCIAL RESULTS Q1 FY26 Net Sales Increased 4.3% to $138.4 Million vs. Q1 FY25 STAMFORD, Conn., June 12, 2025 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) ("Lovesac" or the "Company"), the Designed for Life home and technology brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the first quarter of fiscal 2026, which ended May 4, 2025. Shawn Nelson, Chief Executive Officer, ...