Marcus Donnelly
Marcus covers how stocks trade after results, reporting on the gap between reported numbers and share-price responses.
Articles by Marcus Donnelly
Marvell Posted Record Revenue and Beat Its Own Guidance Midpoint by $39 Million. It Said It Was Raising Two Years of Outlook Without Putting the Numbers in the Release.
The chipmaker's self-reported fiscal second-quarter revenue of $2.739 billion topped the midpoint of the guidance it issued on May 27. The release says the company is again raising its fiscal 2027 and fiscal 2028 revenue outlook but carries no annual figure for either year. As of a 9:54 a.m. ET Friday digest, the stock was down close to 6 percent, with the US session still open.
BJ's headline comparable club sales rose 11.9%. Excluding gasoline, the figure the company actually guides on, they rose 3.1%.
BJ's Wholesale Club reported GAAP diluted EPS of $1.36 for the 13 weeks ended August 1, 2026, with adjusted EPS identical at $1.36 because the quarter's reconciliation carries no adjustments. Merchandise gross margin rate fell 20 basis points. The company raised its full-year adjusted EPS range to $4.60-$4.80 from $4.40-$4.60 while leaving its ex-gasoline comp guidance unchanged. Benzinga put the shares up 3.59% at $94.58 in Friday intraday trade, in a report timestamped 10:25 a.m. Eastern; Friday's session had not closed at the time of writing.
JD.com's Revenue Fell 2.9%. We Checked the "First Since 2014" Claim Before Repeating It.
JD returned to an operating profit and beat on the bottom line, and the ADSs fell 7.31% on Thursday anyway. The claim doing the rounds is that revenue has never fallen since the 2014 listing.
Tapestry Passed the Quarter and Flunked the Outlook: FY27 Guide Bakes In Another Kate Spade Decline
Coach carried a beat, the dividend went up 16%, and the stock still lost roughly 16% on Thursday. The fiscal 2027 revenue and EPS ranges landed at or below where the Street already was — and management's own plan calls for Kate Spade to shrink again.
Cava's comp beat was mostly traffic, and that is why the stock ran
Same-restaurant sales grew 9% with more than half of it from guests through the door, and the market paid up for that mix even though full-year EBITDA guidance sits below consensus.
Beats Get No Mercy: AMD and SpaceX Slide Even as Indexes Set Records
Last week's session on August 5 showed how unforgiving this earnings season has become, with AMD and SpaceX falling on solid results while Wynn and Charles River were rewarded.
On Holding Craters 22% as Tuesday's Tape Splits Earnings Winners From Losers
The Swiss running-shoe maker fell to a two-year low after trimming its sales outlook, while Sea Limited, Cardinal Health and Plug Power rallied on their own reports in an otherwise flat pre-CPI session.