Beverage company Zevia (NYSE:ZVIA) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.4% year on year to $39.46 million. On the other hand, next quarter’s revenue guidance of $37 million was less impressive, coming in 10.1% below analysts’ estimates. Its GAAP loss of $0.09 per share was 15.4% below analysts’ consensus estimates.
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Shoe and apparel company Steven Madden (NASDAQ:SHOO) announced better-than-expected revenue in Q4 CY2024, with sales up 12% year on year to $582.3 million. Its GAAP profit of $0.49 per share was 8.7% below analysts’ consensus estimates.
Self-storage and building solutions company Janus (NYSE:JBI) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 12.5% year on year to $230.8 million. The company’s full-year revenue guidance of $875 million at the midpoint came in 3% above analysts’ estimates. Its non-GAAP profit of $0.05 per share was significantly above analysts’ consensus estimates.
Luxury furniture retailer Arhaus (NASDAQ:ARHS) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $347 million. On the other hand, next quarter’s revenue guidance of $313 million was less impressive, coming in 0.8% below analysts’ estimates. Its GAAP profit of $0.15 per share was 16.2% above analysts’ consensus estimates.
The S&P 500 will finish 2025 up about 9% from now, but volatility will likely increase as a barrage of tariff announcements, job cuts and policy changes from President Donald Trump fuels uncertainty, according to equity strategists in a Reuters poll. The year-end target of 6,500 for the benchmark S&P 500, the median forecast of 54 equity strategists, analysts, brokers and portfolio managers collected February 13-25 is unchanged from a Reuters equity poll in November. The index is up 1.3% so far in 2025 following two straight years of gains exceeding 20%, helped largely by gains in megacap tech companies like Nvidia dominating the race for artificial intelligence technology.
Telecommunications company Dycom (NYSE:DY) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 13.9% year on year to $1.08 billion. On the other hand, next quarter’s revenue guidance of $1.18 billion was less impressive, coming in 5.6% below analysts’ estimates. Its GAAP profit of $1.11 per share was 33.3% above analysts’ consensus estimates.
LONDON/FRANKFURT (Reuters) -German group Stroeer's sale of its multi-billion-euro outdoor advertising business has suffered a setback as two bidders balked at the asking price, amid worries over the country's economy, three people familiar with the talks told Reuters. Stroeer, Germany's leading outdoor advertiser, is a bellwether of Europe's biggest economy, which is deep in recession and uncertainty as it awaits the outcome of negotiations to establish a government. Stroeer said in January it had received indicative offers from private equity investors for its "out-of-home" advertising business that is responsible for thousands of posters, billboards and digital screens across the country's train stations, shopping centres and town squares.
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