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Solo Brands’s (NYSE:DTC) Q3: Beats On Revenue But Stock Drops
Outdoor lifestyle and recreational products company Solo Brands (NYSE:DTC) reported Q3 CY2024 results beating Wall Street’s revenue expectations, but sales fell 14.7% year on year to $94.14 million. The company’s full-year revenue guidance of $480 million at the midpoint came in 1.1% above analysts’ estimates. Its non-GAAP profit of $0.02 per share was 21.4% below analysts’ consensus estimates.
TransDigm’s (NYSE:TDG) Q3 Earnings Results: Revenue In Line With Expectations
Aerospace and defense company TransDigm (NYSE:TDG) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 18% year on year to $2.19 billion. On the other hand, the company’s full-year revenue guidance of $8.85 billion at the midpoint came in slightly below analysts’ estimates. Its non-GAAP profit of $9.83 per share was 5.9% above analysts’ consensus estimates.
Krispy Kreme (NASDAQ:DNUT) Posts Q3 Sales In Line With Estimates But Stock Drops 13.4%
Doughnut chain Krispy Kreme (NASDAQ:DNUT) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 6.8% year on year to $379.9 million. On the other hand, the company’s full-year revenue guidance of $1.67 billion at the midpoint came in 1.2% below analysts’ estimates. Its non-GAAP loss of $0.01 per share was below analysts’ consensus estimates.
Ducommun (NYSE:DCO) Delivers Strong Q3 Numbers
Aerospace and defense company Ducommun (NYSE:DCO) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 2.6% year on year to $201.4 million. Its non-GAAP profit of $0.99 per share was also 34% above analysts’ consensus estimates.
Hershey (NYSE:HSY) Reports Sales Below Analyst Estimates In Q3 Earnings
Chocolate company Hershey (NYSE:HSY) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 1.4% year on year to $2.99 billion. Its non-GAAP profit of $2.34 per share was also 8.3% below analysts’ consensus estimates.
Tapestry (NYSE:TPR) Beats Q3 Sales Targets, Stock Soars
Luxury fashion conglomerate Tapestry (NYSE:TPR) reported Q3 CY2024 results topping the market’s revenue expectations, but sales were flat year on year at $1.51 billion. The company expects the full year’s revenue to be around $6.75 billion, close to analysts’ estimates. Its GAAP profit of $0.79 per share was 9.7% below analysts’ consensus estimates.
Olaplex (NASDAQ:OLPX) Misses Q3 Revenue Estimates
Hair care company Olaplex (NASDAQ:OLPX) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 3.6% year on year to $119.1 million. The company’s full-year revenue guidance of $410 million at the midpoint came in 8.4% below analysts’ estimates. Its non-GAAP profit of $0.04 per share was also 6.8% below analysts’ consensus estimates.
Datadog (NASDAQ:DDOG) Posts Better-Than-Expected Sales In Q3, But Billings Missed
Cloud monitoring software company Datadog (NASDAQ:DDOG) announced better-than-expected revenue in Q3 CY2024, with sales up 26% year on year to $690 million. The company expects next quarter’s revenue to be around $711 million, close to analysts’ estimates. Its non-GAAP profit of $0.46 per share was also 15.7% above analysts’ consensus estimates.
Arhaus (NASDAQ:ARHS) Misses Q3 Sales Targets, Stock Drops 11.2%
Luxury furniture retailer Arhaus (NASDAQ:ARHS) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 2.2% year on year to $319.1 million. Next quarter’s revenue guidance of $316 million underwhelmed, coming in 3.5% below analysts’ estimates. Its GAAP profit of $0.07 per share was also 9.1% below analysts’ consensus estimates.
Acushnet (NYSE:GOLF) Reports Q3 In Line With Expectations
Golf equipment and apparel company Acushnet (NYSE:GOLF) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 4.6% year on year to $620.5 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $2.48 billion at the midpoint. Its GAAP profit of $0.89 per share was 12.9% above analysts’ consensus estimates.