Sony Group Corp. (SONY) is set to release its second-quarter earnings on Friday, offering insights into the performance of its key segments, including gaming, music, and technology services. While the company saw robust growth in its first quarter, driven by strong demand in gaming and music, uncertainties linger regarding gaming hardware sales and the financial services segment. Analysts will be closely watching for updates on these areas, as well as strategic plans for future expansion in these key segments.
Results for: Q2
Canada Goose Holdings Inc. (GOOS) reported a better-than-expected second-quarter fiscal 2025 earnings, exceeding revenue estimates despite a 5% year-over-year decline. The company attributed the decline to a challenging macro environment impacting consumer sentiment. Despite the challenges, Canada Goose is investing in retail expansion and marketing initiatives for the holiday season, including a new collection launch and live shopping on Douyin. The company adjusted its full-year revenue outlook to reflect the current market conditions.
Constellation Brands, Inc. (STZ) is set to report its second-quarter earnings before the market opens on Thursday, October 3rd. Analysts anticipate strong results, with earnings per share projected to climb to $4.08, a significant increase from the previous year. The company also expects revenue to reach $2.9 billion. We explore the latest analyst ratings and predictions for STZ stock.
Vera Bradley, Inc. (VRA) reported disappointing second-quarter results, missing both earnings and revenue expectations. The company attributed the decline to persistent consumer headwinds and increased promotions. The stock is down over 10% in premarket trading.
Cognyte Software (CGNT) is set to release its second-quarter earnings before the market opens on Tuesday, Sept. 10. Analysts predict a loss of 2 cents per share, an improvement from the prior year’s 9-cent loss. Revenue is expected to reach $83.69 million, fueled by continued growth in the company’s core business.
GameStop is set to release its second-quarter earnings on Tuesday after market close, with investors and analysts hoping for insights into the company’s financial performance and future growth plans. While revenue is expected to decline year-over-year, potential highlights include the impact of the highly anticipated ‘College Football 25’ game and updates on the company’s cash usage strategy. This report comes amidst recent share price fluctuations and renewed interest from investors following a social media post from Roaring Kitty.
Braze, Inc. (BRZE) is set to release its second-quarter fiscal 2025 earnings on September 5th. While revenue growth is anticipated, the potential for an earnings beat remains uncertain. The company’s subscription business is expected to drive revenue growth, but its Zacks Rank and Earnings ESP don’t strongly suggest an earnings surprise.
Salesforce exceeded analyst expectations for both revenue and earnings in the second quarter, reporting strong growth across key metrics. The company also raised its full-year guidance, signaling confidence in its continued performance. Notably, Salesforce announced the departure of its president and CFO, Amy Weaver, who will remain in the role until a successor is appointed.
Lululemon is set to release its second-quarter financial results, with analysts expecting revenue of $2.41 billion and earnings per share of $2.94. While the company has consistently exceeded expectations, recent challenges including increased competition and declining store traffic raise concerns. Analysts remain divided on the company’s future, with some optimistic about international growth and product innovation while others express caution.
Target is set to report its Q2 results on Wednesday, August 21st. With Walmart exceeding expectations in its recent Q2 report, investors are hoping for a similar performance from Target. Analysts expect sales growth and a significant increase in earnings per share, but can Target meet these projections and secure a post-earnings rally?