Latest news with #Gorillas
Yahoo
12 hours ago
- Business
- Yahoo
Why Is Travel + Leisure (TNL) Stock Rocketing Higher Today
What Happened? Shares of hospitality company Travel + Leisure (NYSE:TNL) jumped 5.7% in the afternoon session after the company reported strong second-quarter 2025 financial results that showed resilient consumer demand in its core Vacation Ownership business. The leisure travel company posted second-quarter revenue of $1.02 billion, which surpassed analyst expectations. While adjusted earnings per share of $1.65 slightly missed consensus estimates, investors focused on the strength in the company's largest segment. Revenue from Vacation Ownership interests (VOIs) grew 6% year-over-year to $853 million. This performance was driven by a 7% increase in Volume Per Guest (VPG), a key metric indicating that customers spent more on average. The company also reaffirmed its full-year guidance, signaling confidence in its outlook. In a sign of its healthy financial position, Travel + Leisure also noted it returned $107 million to shareholders through dividends and stock buybacks during the quarter. Is now the time to buy Travel + Leisure? Access our full analysis report here, it's free. What Is The Market Telling Us Travel + Leisure's shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 12 months ago when the stock dropped 8.4% on the news that the company reported weak second-quarter earnings. The number of tours it conducted fell short of estimates, but it seemed to benefit from some pricing this quarter given its revenue only slightly missed. On the other hand, EPS came in ahead. Overall, it was a mixed but weaker quarter for the company. Travel + Leisure is up 24.4% since the beginning of the year, and at $62.07 per share, has set a new 52-week high. Investors who bought $1,000 worth of Travel + Leisure's shares 5 years ago would now be looking at an investment worth $2,067. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 hours ago
- Business
- Yahoo
Why Boot Barn (BOOT) Stock Is Down Today
What Happened? Shares of clothing and footwear retailer Boot Barn (NYSE:BOOT) fell 3.3% in the morning session after an analyst at Jefferies downgraded the stock, citing concerns over the company's valuation. Jefferies analyst Corey Tarlowe lowered the rating on the western and workwear retailer to 'Hold' from a previous 'Buy' and also cut the price target to $175 from $187. The analyst noted that while the business continued to perform well, the stock's price had appreciated to levels that left little room for near-term upside. According to the firm, the risk-to-reward profile for the stock appeared more balanced at its current valuation, prompting the more cautious stance despite continued confidence in Boot Barn's fundamental business strength. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Boot Barn? Access our full analysis report here, it's free. What Is The Market Telling Us Boot Barn's shares are very volatile and have had 27 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock dropped 20.9% on the news that the company reported third-quarter earnings and provided EPS forecast for the next quarter, which missed Wall Street's estimates. The company also reported that CEO Jim Conroy had stepped down to become CEO of Ross Stores (NASDAQ:ROST). Chief Digital Officer John Hazen replaced him as Interim CEO. Overall, this was a softer quarter, and the management shake-up is spooking investors. Boot Barn is up 13.3% since the beginning of the year, and at $172.94 per share, it is trading close to its 52-week high of $175.60 from July 2025. Investors who bought $1,000 worth of Boot Barn's shares 5 years ago would now be looking at an investment worth $8,739. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
12 hours ago
- Business
- Yahoo
Crocs (CROX) Stock Trades Up, Here Is Why
What Happened? Shares of footwear company Crocs (NASDAQ:CROX) jumped 3% in the morning session after the announcement of a new collaboration with Krispy Kreme (NASDAQ: DNUT) and a broader rally in the consumer retail sector. The footwear company teamed up with the doughnut chain to launch a limited-edition "Krispy Kreme x Crocs Classic Clog," which is set to be released in early August. This type of brand collaboration often generates significant buzz and consumer interest, which investors viewed positively. The move also came amid a strong day for the consumer retail sector. The market was buoyed by an unexpected rebound in U.S. retail sales, which signaled that consumer spending remained resilient despite economic uncertainties. This positive macroeconomic data lifted sentiment for many retail-focused stocks, including Crocs, as it suggested continued healthy demand for consumer goods. After the initial pop the shares cooled down to $108.77, up 2.3% from previous close. Is now the time to buy Crocs? Access our full analysis report here, it's free. What Is The Market Telling Us Crocs's shares are quite volatile and have had 15 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 5 months ago when the stock gained 21% on the news that the company delivered solid fourth-quarter 2024 results, surpassing analysts' revenue, EPS, and EBITDA estimates. Revenue increased by 3.1%, led by a 4% rise in the core Crocs brand, while HEYDUDE sales remained flat. Strength in direct-to-consumer sales, particularly in China and North America also helped offset weaker wholesale performance. Guidance for the next quarter was underwhelming, with projected revenue expected to decline by 3.5%, weighed down by softness in HEYDUDE sales. However, full-year EPS guidance exceeded expectations, offering some reassurance to investors. Overall, this quarter wasn't perfect, but it was quite solid. Crocs is down 1.1% since the beginning of the year, and at $108.77 per share, it is trading 26.2% below its 52-week high of $147.40 from September 2024. Investors who bought $1,000 worth of Crocs's shares 5 years ago would now be looking at an investment worth $3,025. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 hours ago
- Business
- Yahoo
Why Are Sinclair (SBGI) Shares Soaring Today
What Happened? Shares of media broadcasting company Sinclair (NASDAQ:SBGI) jumped 5.1% in the afternoon session after the company announced it acquired the non-licensed assets of two television stations. The media company acquired the assets of WDKA-TV in Paducah, Kentucky, and KBSI-TV in Cape Girardeau, Missouri. While the financial terms were not disclosed, Sinclair stated it would provide programming, technical, and management services to both stations. The deal also included an option for Sinclair to acquire all the licensed assets of both stations in the future. This move added to Sinclair's extensive portfolio, which included owning, operating, or providing services to 180 television stations in 82 markets before this acquisition. Is now the time to buy Sinclair? Access our full analysis report here, it's free. What Is The Market Telling Us Sinclair's shares are very volatile and have had 20 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Sinclair is down 9.5% since the beginning of the year, and at $15.37 per share, it is trading 16.1% below its 52-week high of $18.32 from November 2024. Investors who bought $1,000 worth of Sinclair's shares 5 years ago would now be looking at an investment worth $760.99. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Why Is ManpowerGroup (MAN) Stock Soaring Today
What Happened? Shares of workforce solutions provider ManpowerGroup (NYSE:MAN) jumped 5% in the afternoon session after the company announced a strategic partnership with artificial intelligence firm Carv to enhance its global recruitment operations. The collaboration will embed Carv's "agentic AI" directly into the daily workflows of ManpowerGroup's recruiters, specifically within its Recruitment Process Outsourcing (RPO) division. RPO is a service where a company outsources its hiring process to a specialist firm like ManpowerGroup. By automating administrative tasks, the AI is expected to speed up hiring times, boost recruiter productivity, and allow staff to focus more on building relationships with top talent. This move is part of ManpowerGroup's broader digital transformation strategy and is aimed at improving efficiency and delivering better results for both clients and job candidates. Is now the time to buy ManpowerGroup? Access our full analysis report here, it's free. What Is The Market Telling Us ManpowerGroup's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 5 days ago when the stock gained 3.2% on the news that the company reported second-quarter adjusted earnings that surpassed analyst expectations, overshadowing a reported net loss caused by one-time charges. While the company posted a net loss of $67.1 million, or $1.44 per share, this was primarily due to a non-cash goodwill impairment charge of $89 million and other restructuring costs. When excluding these items, ManpowerGroup's adjusted earnings per share (EPS) came in at $0.78. This figure comfortably beat the consensus analyst forecast of $0.69 per share, signaling to investors that the company's core operations are performing better than anticipated. Looking ahead, the company provided guidance for the third quarter, expecting diluted earnings per share to be between $0.77 and $0.87. The positive market reaction suggests investors are focusing on the underlying operational strength and the forward-looking guidance rather than the headline loss. ManpowerGroup is down 22.3% since the beginning of the year, and at $44.29 per share, it is trading 42.6% below its 52-week high of $77.13 from July 2024. Investors who bought $1,000 worth of ManpowerGroup's shares 5 years ago would now be looking at an investment worth $609.38. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
