Accenture: Growth Despite Headwinds
The Motley Fool· 2025-06-20 15:50
Here's our initial take on Accenture's (ACN -7.03%) fiscal 2025 third-quarter financial report.Key MetricsMetricQ3 FY24Q3 FY25Changevs. ExpectationsRevenue$16.5 billion$17.7 billion7.6%BeatEarnings per share$3.04$3.4915%BeatFree cash flow$3.0 billion$3.5 billion17%MissedNew bookings$21.1 billion$19.7 billion-6%n/aAccenture Finds Growth in Challenging EnvironmentAccenture posted solid growth in a difficult period for consulting companies. Corporate customers are scaling back due to macroeconomic uncertainty, ...
Philly Fed Ticks in Lower Than Expected
ZACKS· 2025-06-20 15:50
We finish off the trading week after a nice edge-of-summer break for Juneteenth yesterday. Pre-market indexes are climbing a quarter-point to a third of a point higher at this hour, with the small-cap Russell 2000 already up more than +1%. Only the Russell is up over the past five trading days, but the other indexes are approaching.The Dow is up +114 points right now, with the S&P 500 +14. The Nasdaq is +62 points at this hour, with the Russell +25 points. Currently, only the S&P 500 and the Nasdaq are up ( ...
Delta Air Lines Cheers Investors With 25% Hike in Quarterly Dividend
ZACKS· 2025-06-20 15:50
Key Takeaways DAL raised its quarterly dividend by 25% to 18.75 cents, payable Aug. 21 to shareholders of record on July 31. This marks DAL's second dividend hike since reinstating payouts in June 2023 after a COVID-era suspension. The move signals DAL's confidence in its business and commitment to boosting long-term shareholder value.In a shareholder-friendly move, Delta Air Lines, Inc.’s (DAL) board of directors approved a dividend hike of 25%, thereby raising its quarterly cash dividend to 18.75 per sh ...
Faruqi & Faruqi Reminds DoubleVerify Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 21, 2025 - DV
Prnewswire· 2025-06-20 15:50
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In DoubleVerify To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 in DoubleVerify between November 10, 2023 and February 27, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, June 20, 202 ...
Faruqi & Faruqi Reminds Vestis Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 8, 2025 - VSTS
Prnewswire· 2025-06-20 15:48
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Vestis Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's growth prospects and business performance [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Vestis between May 2, 2024, and May 6, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Vestis, with a deadline of August 8, 2025, for investors to seek the role of lead plaintiff [2][6]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Allegations Against Vestis - The complaint alleges that Vestis and its executives disseminated materially false and misleading statements regarding the company's ability to grow its business [4]. - Vestis announced poor financial results for Q2 of fiscal 2025, withdrawing its revenue and growth guidance for the full fiscal year, attributing the decline to "lost business in excess of new business" and "lower adds over stops" [5]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [5]. Group 3: Investor Communication - Faruqi & Faruqi, LLP is encouraging anyone with information regarding Vestis' conduct, including whistleblowers and former employees, to contact the firm [7].
CarMax: Tariffs Support Q1 But Credit Headwinds Persist (Upgrade)
Seeking Alpha· 2025-06-20 15:47
Coming into this morning’s quarterly earnings report , shares of CarMax, Inc. (NYSE: KMX ) have been a poor performer, losing about 10% of their value, sitting near a 52-week low. The company has struggled with higher prices weighing onOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!A ...
CarMax's Q1 Sales Go Into Overdrive
The Motley Fool· 2025-06-20 15:46
Here's our initial take on CarMax's (KMX 5.74%) fiscal 2026 first-quarter financial report.Key MetricsMetricQ1 FY 2025Q1 FY 2026Changevs. ExpectationsTotal revenue$7.11 billion$7.55 billion+6%BeatAdjusted earnings per share$0.97$1.38+42%BeatRetail used vehicle unit sales211,132230,210+9%n/aAverage used vehicle price$26,526$26,120-1.5%n/aCarMax Stays Strong Across the BusinessThere were a lot of good things to see in CarMax's financial report for the first quarter of its 2026 fiscal year. Total vehicle unit ...
Alibaba Cloud's Rapid Rise: Is AI Setting Up More Upside Ahead?
ZACKS· 2025-06-20 15:45
Key Takeaways Alibaba Cloud is scaling rapidly as AI adoption drives momentum across key industry verticals. BABA is boosting AI investments to capture rising demand and reinforce its cloud market leadership. Product innovation and global expansion, including new AI models and partnerships, support growth.Alibaba’s (BABA) Cloud Intelligence Group is gaining strong momentum as its core unit, Alibaba Cloud, continues to scale with rising AI adoption, an area that is expected to remain a key driver of accele ...
Should You Buy, Sell or Hold Dell Technologies Stock at P/S of 0.77X?
ZACKS· 2025-06-20 15:45
Key Takeaways DELL trades at a 0.77X forward P/S, far below the sector average of 6.36X, signaling undervaluation. AI server orders surged $12.1B in Q1 FY26, with $1.8B shipped and a $14.4B backlog driving future growth. Growing AI server demand and partnerships with Lowe's and Worley are driving DELL's momentum.Dell Technologies (DELL) shares are cheap, as suggested by a Value Score of A.DELL stock is trading at a significant discount with a forward 12-month P/S of 0.77X compared with the Computer and Te ...
Hershey's Cocoa Challenge: Will Demand Shaping Offset Costs?
ZACKS· 2025-06-20 15:45
Key Takeaways HSY may face up to $100M in unmitigated costs each in Q3 and Q4 from cocoa and Canadian tariffs. HSY is pivoting to lower cocoa items and using price pack architecture to preserve consumer demand. Innovation pipelines and reduced reliance on cocoa inputs are key to HSY's cost-mitigation efforts.The Hershey Company (HSY) is facing mounting pressure from soaring cocoa prices and tariff-related impacts, with up to $100 million in potential unmitigated costs per quarter in the second half of 202 ...