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Philip Morris International (NYSE:PM) announced that, through its non-US affiliates, it has entered into a contract manufacturing arrangement for combustible cigarettes with Philip Morris USA, an operating company of Altria (NYSE:MO). Altria separately confirmed the arrangement, describing it as intended to enhance the efficiency …
Fossil Group, Inc. (NASDAQ:FOSL) shares ticked higher in pre-market trading, extending gains that followed the company's second-quarterEarningsreport earlier this month. Net sales totaled $211 million, a 4% year-over-year decline that included an approximate 220 basis point impact from store closures, but the results still …
Gogoro Inc. (NASDAQ:GGR) shares declined sharply in pre-market trading despite the company reporting its fifth consecutive quarter of positiveOperating Cash Flowand its highest quarterly gross margin in more than five years. Second-quarter net loss narrowed significantly to $4.9 million from $26.5 million a year …
PDD Holdings Inc. (NASDAQ:PDD) shares traded higher in pre-market trading after the company reported second-quarter results that beat on adjustedEarnings Per Sharebut missed on revenue, with non-GAAP profit down year over year despite continued sales growth. The mixed report follows a string of downward …
Birkenstock Holding plc (NYSE:BIRK) shares extended their rebound in pre-market trading, building on last week's third-quarterEarningsbeat. The company raised its fiscal 2026 revenue guidance to 15% constant-currency growth, at the high end of its prior 13% to 15% target range, while adjustedEarnings Per Sharegrew …
Rivian Automotive, Inc. (NASDAQ:RIVN) shares extended their rally in Friday's session, building on a multi-day rebound following a strong second-quarter report. The company posted revenue of $1.66 billion, up 27% year over year and beating estimates by nearly 8%, while also raising its full-year …
Hovnanian Enterprises, Inc. (NYSE:HOV) shares rebounded sharply in Friday's session, a day after tumbling roughly 13% on a wider-than-expected fiscal third-quarter net loss of $0.70 per share and an 11.9% year-over-year revenue decline to $705.7 million. Despite the miss, grossMargincame in at 14.6%, slightly …
Stellantis N.V. (NYSE:STLA) shares edged higher in Friday's session, rebounding after a brutal stretch of analyst downgrades earlier in the week that had driven the stock to multi-year lows. Research firms including UBS, Bernstein and Piper Sandler all slashed ratings or price targets on …
Bloomin' Brands, Inc. (NASDAQ:BLMN) shares rose sharply in Friday's session as investors bought into the stock following a second-quarter earnings beat and a raised full-year outlook, recovering from a broader sit-down dining sector selloff earlier in the week tied to concerns over price-sensitive consumers …
Jersey Mike's Subs, Inc. (NYSE:JMKE) shares rebounded sharply in Friday's session, rising nearly 5% and pulling further away from the lows set following the company's underwhelming early-August initial public offering debut. The company closed its IPO on July 31, selling 43,478,261 shares of Class …
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