Victoria’s Secret & Co. (NYSE:VSCO) will release earnings results for the third quarter before the opening bell on Friday, Dec. 5.Analysts expect the Reynoldsburg, Ohio-based company to report a quarterly loss at 59 cents per share, versus a year-ago loss of 50 cents per share. The consensus estimate for Victoria’s Secret quarterly revenue is $1.41 billion, compared to $1.35 billion a year earlier, according to data from Benzinga Pro.On Aug. 28, Victoria’s Secret reported better-than-expected second-quarter ...

Marvell Technology Inc. (NASDAQ:MRVL) posted better-than-expected earnings for the third quarter and also announced the acquisition of Celestial AI on Tuesday.Marvell reported quarterly adjusted earnings of 76 cents per share, which beat the analyst estimate of 73 cents, according to Benzinga Pro. Quarterly revenue came in at $2.08 billion, which beat the Street estimate of $2.07 billion and was up from revenue of $1.52 billion from the same period last year.Marvell also announced the acquisition of Celesti ...

Core Viewpoint - UBS has raised its price target on Macy's to $7.00 from $6.50 while maintaining a Sell rating [1] Group 1: Earnings Forecast - UBS's recent channel checks indicated stronger-than-expected third-quarter sales trends, prompting an increase in Q3 earnings forecast by $0.18 to a loss of $0.12 per share, with an expectation of an EPS beat of $0.03 [2] - Despite the improved quarterly outlook, Macy's is likely to reaffirm its fiscal 2025 guidance due to ongoing uncertainties related to tariffs and macroeconomic conditions [2] Group 2: Market Expectations - The market seems to anticipate a similar stance from Macy's management, which reduces the likelihood of significant revisions to consensus estimates or major movements in the stock's valuation multiple following the earnings report [3] - There is potential upside if Macy's provides more positive commentary on early fourth-quarter trends, but elevated bullish sentiment could turn the Q3 release into a "market-clearing event" [3] - The options market is pricing in a ±10.5% move on earnings, which is higher than Macy's historical average of 7.8%, indicating expectations for increased post-print volatility [3]

Core Viewpoint - Deere & Co. reported better-than-expected earnings and sales for Q4 2025, but the stock fell 4% due to weaker guidance for 2026, leading to investor disappointment [1][6]. Financial Performance - For Q4 2025, Deere earned $3.93 per share, exceeding the forecast of $3.83, and reported sales of $12.9 billion, which was 32% higher than the expected $9.8 billion [1]. - Year-over-year earnings declined by 14%, despite an 11% increase in sales [3]. - For the full year, Deere's earnings were $18.50 per share, a 28% decline, with total sales down 12% to $45.7 billion [3]. Future Outlook - Deere provided a cautious outlook for 2026, predicting a potential 20% decline in "large ag" sales, while other segments may see low-to-mid single-digit growth [4]. - The company anticipates earnings of less than $17.60 per share in fiscal 2026, which is below Wall Street's expectation of $19.32 per share [4][6]. - CEO John May indicated that 2026 might mark the bottom of the large ag cycle, with expectations for improvement thereafter [5]. Market Reaction - Despite beating earnings and sales expectations, the stock selloff was driven by the disappointing guidance for 2026 and a high valuation of 27 times earnings [6].

Core Insights - The J.M. Smucker Company is set to announce its quarterly earnings on November 25, 2025, with Wall Street expecting an EPS of $2.11 and revenue of approximately $2.32 billion [1][4] Financial Performance - A projected EPS of $2.14 indicates a 22.5% decrease year-over-year, while revenue is expected to grow by 2.1% to $2.32 billion, driven by strong coffee sales [2][3] - The consensus estimate for EPS is $2.11, reflecting a 23.6% decline from the previous year, with an average earnings surprise of 5.1% over the last four quarters [4] Challenges and Market Conditions - The company faces challenges in its snacks and pet foods divisions, alongside increased costs from higher coffee tariffs, contributing to the anticipated earnings decline [3] - Key financial ratios include a price-to-sales ratio of 1.29, an enterprise value to sales ratio of 2.21, a debt-to-equity ratio of 1.36, and a current ratio of 0.81, indicating potential liquidity issues [5]

Core Insights - Walmart Inc. reported third-quarter adjusted earnings per share of 62 cents, exceeding the analyst expectation of 60 cents, with quarterly sales reaching $179.50 billion, a 5.8% increase year over year, surpassing the consensus estimate of $177.429 billion [1] - The company raised its 2026 adjusted EPS outlook to a range of $2.58–$2.63, up from $2.52–$2.62, and increased its fiscal 2026 constant-currency revenue growth outlook to 4.8%–5.1% from 3.75%–4.75% [2] - Walmart plans to move its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market on December 9, 2025, while retaining the ticker "WMT" [2] Analyst Ratings and Price Targets - BTIG analyst Robert Drbul maintained a Buy rating and raised the price target from $120 to $125 [5] - BMO Capital analyst Kelly Bania maintained an Outperform rating and increased the price target from $110 to $125 [5] - Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating and raised the price target from $118 to $130 [5] - Keybanc analyst Bradley B. Thomas maintained an Overweight rating and increased the price target from $110 to $120 [5] - Morgan Stanley analyst Simeon Gutman maintained an Overweight rating and raised the price target from $115 to $125 [5] - Baird analyst Peter Benedict maintained an Outperform rating and increased the price target from $110 to $121 [5] - Guggenheim analyst John Heinbockel maintained a Buy rating and raised the price target from $115 to $120 [5] - Evercore ISI Group analyst Greg Melich maintained an Outperform rating and boosted the price target from $111 to $115 [5] - Wells Fargo analyst Edward Kelly maintained an Overweight rating and raised the price target from $110 to $120 [5] - Piper Sandler analyst Peter Keith reiterated an Overweight rating and increased the price target from $111 to $123 [5] - Bernstein analyst Zhihan Ma maintained an Outperform rating and raised the price target from $118 to $122 [5] - DA Davidson analyst Michael Baker maintained a Buy rating and increased the price target from $117 to $130 [5]

Core Insights - Zoom Communications Inc. is set to release its third-quarter earnings results, with analysts expecting earnings of $1.44 per share, an increase from $1.38 per share in the same period last year [1] - The consensus estimate for Zoom's quarterly revenue is $1.21 billion, compared to $1.18 billion a year earlier [1] Recent Developments - On October 13, Zoom announced a strategic go-to-market partnership with Oracle aimed at enhancing customer engagement for enterprises [2] - Following the announcement, Zoom shares experienced a decline of 2.8%, closing at $78.42 [2] Analyst Ratings - Citigroup analyst Tyler Radke maintained a Neutral rating and raised the price target from $85 to $94 [4] - Rosenblatt analyst Catharine Trebnick maintained a Buy rating and increased the price target from $110 to $115 [4] - Wells Fargo analyst Ryan Macwilliams initiated coverage with an Equal-Weight rating and a price target of $90 [4] - Cantor Fitzgerald analyst Thomas Blakey reiterated a Neutral rating with a price target of $87 [4] - JMP Securities analyst Patrick Walravens reiterated a Market Perform rating [4]

Core Viewpoint - Williams-Sonoma, Inc. is expected to report a decline in quarterly earnings for the third quarter, with analysts projecting earnings of $1.87 per share, down from $1.96 per share in the same period last year [1] Financial Performance - The company reported second-quarter revenue of $1.84 billion, reflecting a 2.7% increase from the previous year and surpassing Wall Street's estimate of $1.83 billion [2] - For the upcoming third quarter, the consensus estimate for revenue is $1.87 billion, compared to $1.8 billion a year earlier [1] Stock Performance - Williams-Sonoma shares experienced a slight decline of 0.3%, closing at $180.75 [2] Analyst Ratings and Price Targets - Wells Fargo analyst Zachary Fadem maintained an Equal-Weight rating and increased the price target from $190 to $205 [5] - Evercore ISI Group analyst Oliver Wintermantel maintained an In-Line rating and reduced the price target from $210 to $200 [5] - JP Morgan analyst Christopher Horvers maintained a Neutral rating and raised the price target from $168 to $215 [5] - Goldman Sachs analyst Kate McShane maintained a Neutral rating and increased the price target from $179 to $203 [5] - Morgan Stanley analyst Simeon Gutman maintained an Equal-Weight rating and raised the price target from $185 to $200 [5]

Core Insights - Wendy's Company reported better-than-expected third-quarter earnings with adjusted earnings per share of 24 cents, surpassing the analyst consensus estimate of 20 cents [1] - Quarterly sales reached $549.516 million, a 3% decline year over year, but exceeded the expected $534.457 million [1] - Comparable sales at company-operated restaurants outperformed the system by 4% during the third quarter [2] Financial Outlook - The company reaffirmed its 2025 adjusted EPS outlook at a range of 82 cents to 89 cents, compared to the analyst consensus estimate of 86 cents [2] - Following the earnings announcement, analysts adjusted their price targets for Wendy's stock [3] Analyst Ratings and Price Targets - TD Cowen analyst Andrew M. Charles maintained a Hold rating and lowered the price target from $11 to $9 [5] - Evercore ISI Group analyst David Palmer maintained an In-Line rating and reduced the price target from $12 to $11 [5] - RBC Capital analyst Logan Reich maintained a Sector Perform rating and cut the price target from $10 to $9 [5]

Core Insights - Shopify Inc. reported a fiscal third-quarter revenue growth of 32% year-over-year, reaching $2.84 billion, surpassing analyst expectations of $2.76 billion [1] - The company announced an adjusted EPS of 34 cents, aligning with analyst consensus [1] Revenue Projections - For the fourth quarter, Shopify anticipates revenue growth in the mid-to-high twenties percentage range year-over-year, estimating between $3.51 billion and $3.59 billion, compared to the analyst consensus of $3.48 billion [2] - The company expects a free cash flow margin slightly above that of the third quarter of 2025 and gross profit dollars to grow in the low to mid-20s percentage year-over-year [2] Analyst Ratings and Price Targets - Following the earnings announcement, BMO Capital analyst Thanos Moschopoulos maintained an Outperform rating on Shopify and raised the price target from $180 to $190 [5] - Morgan Stanley analyst Keith Weiss also maintained an Overweight rating, increasing the price target from $165 to $192 [5]