Ulta Beauty Inc (NASDAQ:ULTA) shares jumped more than 11% after it reported better-than-expected first quarter earnings and raised its full-year guidance.
Earnings per share of $6.70 were significantly higher than the Wall Street estimate of $5.77.
Shares of Canopy Growth Corporation (TSX:WEED, NYSE:CGC) tumbled on Friday after the Canadian cannabis producer reported a wider quarterly loss and a decline in revenue, as it continues to grapple with ongoing operational and market challenges.
The stock fell over 21% in New York and more than 19% in Toronto following the company’s fiscal fourth-quarter results.
Shares of Regeneron Pharmaceuticals Inc (NASDAQ:REGN) sank nearly 19% on Friday after the company’s experimental COPD drug, developed with partner Sanofi SA (ADR) (NYSE:SNY), posted mixed results in two Phase 3 trials—casting doubt on its regulatory path and delaying hopes for a major new revenue stream.
The drug, itepekimab, reduced moderate or severe flare-ups by 27% compared to placebo over 52 weeks in the AERIFY-1 study, which enrolled 1,127 former smokers with chronic obstructive pulmonary disease (COPD).
Zscaler Inc. (NASDAQ:ZS) shares added more than 8% on Friday as the cybersecurity firm delivered a beat and raise for the fiscal third quarter of 2025.
The company now expects full-year revenue in the range of $2.659 billion to $2.661 billion, up from the prior guidance of $2.640 billion to $2.654 billion.
Costco Wholesale Corporation (NASDAQ:COST, ETR:CTO) posted quarterly earnings and revenue that topped Wall Street estimates, as the membership-only warehouse retailer saw its sales jump 8% year-over-year.
For the fiscal third quarter which ended on May 11, revenue was $63.2 billion, ahead of the $63.19 billion expected by analysts.
Pensana PLC (LSE:PRE, OTC:PNSPF) shares strengthened after announcing a new £2 million fund raise.
M&G Investment Management is investing £1 million alongside ‘strategic investors’, with new shares priced at 35p per share.
The effects of Donald Trump’s trade policy are beginning to show in the real economy, with Gap Inc (NYSE:GPS) warning that new tariffs will dent its full-year operating income by $250 million to $300 million, sending its shares down 15% in after-hours trading.
The clothing group said it expects to offset more than half of the tariff-related costs but chose to exclude the impact from its earnings outlook.