American Eagle Outfitters Inc. (NYSE:AEO) shares fell nearly 16% Thursday after mixed second-quarter results, with revenue modestly above consensus even as reported earnings got a significant boost from tariff refunds.
Consolidated sales rose 8% to $1.38 billion, with comparable sales up 6%, led by Aerie and improving trends at the core American Eagle brand.
Apple Inc (NASDAQ:AAPL, XETRA:APC) had a good Thursday, with shares up 3.1% after unveiling its first foldable iPhone, the $1,999-and-up iPhone Duo.
The move puts Apple into a market Samsung, Google and Huawei have played in for years – the biggest shake-up to the iPhone lineup in a long time.
Oracle Corp (NYSE:ORCL, XETRA:ORC) reports fiscal first-quarter 2027 results Thursday afternoon, with Wall Street split between concerns over ballooning capital expenditures and optimism that data center capacity additions could reaccelerate revenue growth.
Bank of America is modeling infrastructure-as-a-service growth of 116% year-over-year and total revenue growth of 28%, up from 21% in the fourth quarter of fiscal 2026.
Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) rose 5% to 11.50p after its phase III LANTERN trial met the primary efficacy target for reducing surgical site infections.
The biotech's LANTERN trial met its prespecified primary efficacy endpoint, with the main analysis estimating a 41% reduction in surgical site infection risk within 30 days.
1-800-Flowers.com (NASDAQ:FLWS) reported a bigger-than-expected loss for its fiscal fourth quarter and issued a downbeat profit forecast for fiscal 2027, sending shares down 9.3%.
Revenue for the quarter came in at $293.1 million, missing estimates of $294 million and marking a 12.9% decline from a year earlier.
Designer Brands Inc (NYSE:DBI) reported second-quarter adjusted earnings that topped analyst estimates and raised its full-year profit guidance, sending shares up 5.4%.
The footwear and accessories retailer posted adjusted earnings per share of $0.34 for the quarter, beating the average analyst estimate of $0.26.
Macy's, Inc. (NYSE:M) raised its full-year profit outlook after quarterly sales topped analyst estimates, helped by a boost from tariff refunds, even as shares of the department store operator fell 3% on weaker-than-expected guidance.
The company reported second-quarter revenue of $4.9 billion, above the $4.83 billion analysts had expected and up 1.1% from a year earlier.