Articles written by Shivani Kumaresan - Benzinga

Zyn Gum Maker's Smoke-Free Business Revenue Jumps 15%, Raises Annual Profit Outlook

Philip Morris International (NYSE: PM) shares climb after Q1 FY25 results beat expectations. Revenue rose 5.8% to $9.30 billion, with adjusted EPS of $1.69 topping the $1.61 forecast. Smoke-free products drove 42% of total sales.

DraftKings May Trim 2025 Forecast Amid Texas Jackpocket Shutdown: Analyst

DraftKings (NASDAQ: DKNG) Q1 earnings preview highlights risks from slowed betting growth and regulatory shifts. BofA sees a $30M EBITDA impact from Texas' Jackpocket ban, potentially lowering guidance to $920M. Despite lowered Q1 projections, strong Super Bowl performance keeps full-year outlook intact.

Vertiv, NVIDIA, iGenius Launch AI Supercomputer Project In Italy

Vertiv Holdings Co. (NYSE: VRT) surged after announcing "Colosseum," a sovereign AI supercomputer project in Italy, developed with NVIDIA Corp. (NASDAQ: NVDA) and iGenius. Built on NVIDIA DGX SuperPOD and Grace Blackwell Superchips, the facility will support critical workloads in finance, healthcare, and public administration.

Herc Holdings Q1 Falls Short But Long-Term Guidance Holds: Analyst

Herc reported its first-quarter 2025 earnings and reaffirmed the guidance. Here is the analyst's first take on the results.

Why Is Financial Services Firm Moody's Stock Rising Today?

Moody's Corp. (NYSE:MCO) shares rose after Q1 results beat expectations, with revenue up 7.7% to $1.92B and EPS of $3.83 topping estimates. Moody's Investors Service and Analytics divisions each posted 8% revenue growth. Operating margin improved to 51.7%. The company raised its dividend 11% and repurchased 0.8M shares.

Pentair Stock Gains After Q1 Earnings Beat, Implements Price Increases To Offset Tariff Impact

Shares of water treatment company Pentair are trading higher after the company reported a first-quarter 2025 sales decline of 1%.

Synchrony Financial Q1: Earnings Beat, Lower Purchase Volume, Active Accounts Decline And More

Synchrony Financial (NYSE:SYF) posted Q1 FY25 EPS of $1.89, topping estimates despite a 22.5% drop in net revenue to $3.72B. Loan receivables fell 2% to $99.6B, while purchase volume slid 4%. Net interest margin improved to 14.74%.

Tariff Pressures Could Reshape Restaurant Buildout Economics, Says Analyst

Analyst predicts tariffs will raise new restaurant construction costs by 10-15%. Cash-on-cash returns may decrease but expansion plans remain viable.

Testing Firm Neogen Offloads Cleaners Division To Kersia In $130 Million Deal

Neogen Corporation (NASDAQ: NEOG) stock rose after announcing the $130 million sale of its global cleaners and disinfectants business to Kersia Group. The divestiture allows Neogen to focus on core food safety diagnostics while reducing debt and improving margins.

Restaurant Sector Q1 Volatilty From Weather, Inflation — Analyst Lowers Price Targets

Commodity trends shifted in Q1, with deflation in grains but a spike in coffee prices. Restaurant stocks lag historic EPS multiples, and investors now eye April demand and potential tariff impacts.

What's Going On With Hesai Stock Today? Li, Nio Supplier Launches Infinity Eye Sensors

Along with Infinity Eye, Hesai also introduced a trio of new high-performance sensors aimed at enhancing vehicle perception technology.

Tesla Rival BYD Targets Japan's Minicar Market With For New Affordable EV

Chinese EV maker BYD plans to enter Japan's minicar market in 2026, offering affordable options. It also aims to strengthen global presence and compete with Tesla.

Chipotle To Open First Mexico Restaurant By 2026

Chipotle Mexican Grill (NYSE: CMG) is entering the Mexican market for the first time through a partnership with Alsea. The first restaurant is set to open by early 2026, supporting Chipotle's global expansion plans across Latin America.

Target Rolls Out Standalone Flower Brand 'Good Little Garden'

Target launches new floral brand Good Little Garden with over 60 varieties of flowers and plants, catering to both special occasions and everyday moments.

Tractor Supply Earnings Outlook Brightens With 2025 Profit Growth Potential, Says Analyst

Tractor Supply Co is expected to report $3.6B in Q1 FY25 sales, with comp growth slightly topping expectations. Analyst Joseph Feldman maintains an Outperform rating and a $67 price target, citing favorable weather and strategic market share gains.

Retail Slowdown, Tariffs Jolt Leisure Stocks: Analyst Revises Estimates For Topgolf, Harley-Davidson And More

KeyBanc analyst Noah Zatzkin warns of growing risks ahead of Q1 FY25 earnings for leisure brands, citing weak demand and tariff uncertainties. Retail slowdowns and macroeconomic concerns prompt widespread estimate and price target cuts.

Fubo Extends Soccer Reign In Canada With Premier League Renewal

Vegan, Sugar-Free, And Now In Australia: Tilray's Edibles Aren't Your Average Medical Launch

Tilray Brands Inc. (NASDAQ: TLRY) has launched its first medical cannabis edibles in Australia through Tilray Medical. The new sugar-free, vegan Good Supply Pastilles offer THC and CBD options, enhancing patient access to plant-based therapies.

Chip Maker Micron Splits Into Four Business Units To Accelerate AI Strategy

Micron Technology Inc. (NASDAQ: MU) is restructuring into four specialized business units to better address rising AI-driven demand for memory and storage solutions. The new units CMBU, CDBU, MCBU, and AEBU will enhance customer focus across cloud, data center, mobile, and automotive markets. The changes take effect in Q4 FY2025.

Why Are Manpower's Stocks Plunging On Thursday?

ManpowerGroup (NYSE: MAN) posted weaker Q1 FY25 results, with EPS at $0.44 vs. $0.50 estimate. Revenue fell 7.1% year-over-year but beat forecasts at $4.09 billion.