#earnings

EARNINGS!

I’m confused about what’s next. We have a mediocre-to good quarter financially but in the details there is info about us losing customers with close to 2-3% attrition per quarter. Does that mean our profits were the results of financial engineering or are we just racking up fees on our customers? If we aren’t growing or merging, someone is going to merge with us.

Imagine how bad the Q3 results are. I was pi---d and I'm not happy to be in these cuts and scrambling for work, but I am happy to be out of that toxic mess. Please let us know who were cut what a mess the next town hall or the earnings call is.
Soulless pricks in this leadership team that has buried a 120 year old company. What a bunch of complete losers.

Sooooo, we missed Q3 numbers on both earnings and premiums... then Florida’s profit cap forced a roughly $1B policyholder credit (back in September) soooo this slammed profits, so the stock is now junk. On a lighter note, all competitors have same problems and are junk too.

I just cannot wait to tell my team they are getting 1% merits and minimal bonuses yet the earnings reports shows massive growth for the company. Ranking 25% of my staff below expectations, in a non growth everett location all my promos denied. Lovely to have to explain this to them soon at comp talks. Thanks RV making our job so great! But hey!!! We have Eliza !

That means we're going to pause bi-weekly layoffs for a while, right? No need for it anymore, right? Right?

Yeah, I didn't think so.

if they were good, there would have been posts all over.

i’m guessing 1.6

The stock is up

I think the timing of the October announcement is telling. I think they are trying to insulate the stock price ahead of the Q3 earnings release.

Should we start a bingo card for the corny expected spin from the SLT when the Q3 earnings are posted? Can't wait for the town hall or fireside chat to hear how the reinvention is sailing along.

Seems like they should be getting close to operating at a profit by now? Breaking even after selling off so much is one thing… but is Bose actually operating in the black yet? Does anyone know?

MORE LAYOFFS!

Sadly, Occidental Petroleum's EBIT actually dropped 8.8% in the last year. If earnings continue on that decline then managing that debt will be difficult like delivering hot soup on a unicycle …
https://finance.yahoo.com/news/think-occidental-petroleum-nyse-oxy-120019506.html

Q3 2025 and its gotten worse. Net income down v 71.88% Free cash flow down v 43.48% EPS down v 75.31% and companies like Zacks issues Strong sell after Q3 results...and Teradata goes from Cloud strategies to AI to ??? VantageCloud and AIfactory - what happened to 4 D Clearscape analytics and Vantage cloud lake house that dynamically scales without a data redistribution? Those of you still tethered to a pay check the end is near.

Oxy P/E at the end of 2024 was 19. It was 26 last week before the chemical sale announcement. Average P/E for oil sector is ~14. This is what has held the stock price down - no investor wants to pay an exorbitant price for a stock with minimal yield.
The Oxychem sale immediately lowers earnings, which will make the P/E even worse. The market yesterday reacted exactly as expected.

I wonder what word salad SteveB is going to come out with on the results release - will we have new words to add to our Lingo Bingo, or just the usual ones.

Let’s see.

Does anyone in the company have any insight to the results of the third quarter do you see any layoffs coming?

Q3 was not good, heads will roll. Add in Champion X and the other new purchase. The need more cost savings to keep free cash high.

Will the stock go up? What do you think of the earnings?

It's all scam. Safra opened her mouth fee months back and misguided investors with fake numbers. But in parallel she sold her personal oracle stocks totalled 2.5 Billions. Yes, billions not millions.. It's just 20% of her total holdings..Although Oracle earnings had missed that quarter.
They played same again this quarter again. Earnings results came below expectations but stock went up by 40-50%, Leader of fraud Mafia became world's richest person but with 24hrs his son put a bid to buy media company in all cash approx. 20Billions as he father LE is going fund him. It's all legal fraud and beware of this scam...

Disaster or outperform ?

Any rumors/intel on how upcoming report on medicare stars will fair?

I believe it's coming up this week. What do you guys think? I think they will knock it out of the ballpark. It does not help the workers though, but the execs and shareholders may be happy.

What do you think?

Humana's stock is down sharply, while its peers are all up a lot.

All I see today is news on the new treasury AI from FIS. Nothing about the layoffs. Well timed press to cover up the layoffs? Well timed to make it seem like the "jump" in profit looks like its coming from this so shareholders spend more? Thoughts?

Expecting this to dip to 56,000 by Q3, 2025 and an earnings beat

link: https://investors.centene.com/2025-07-25-CENTENE-CORPORATION-REPORTS-SECOND-QUARTER-2025-RESULTS

Gap continues to show signs of being on firmer footing.

On Thursday, the San Francisco-based specialty retailer reported that net sales for the second quarter ended Aug. 2 reached $3.7 billion, which were flat compared to last year, though comparable sales, a better barometer of the business, rose 1 percent year-over-year.

Operating income was essentially flat at $292 million from $293 million a year ago. Net income rose to $216 million, up from $206 million in the year-ago period.

“When we roll up all of the components of our business and we look at our quarter results, it’s really showing our strategy is working,” Richard Di-kson, president and chief executive officer of Gap Inc., told WWD. “We had another solid quarter. We overdelivered on our profit expectations, and we achieved our top-line goals. Comps were up 1 percent in total. That’s the sixth consecutive quarter of positive comps, and our three largest brands all posted positive comps for the second quarter,” Di-kson said, referring to Old Navy, Gap and Banana Republic. Gap Inc.’s portfolio also includes Athleta.

“We’ve been building a strong balance sheet. We’ve got cash balances right now of $2.4 billion, which is up 13 percent year-over-year. So this is a real story about doing what we say we’re going to do, delivering with consistency, and it’s giving us great confidence as we head into the second half.”

Despite the stronger results, the retailer’s shares fell 2.8 percent to close at $21.68.

Gap Inc. expects $150 million to $175 million in tariff impact on its fiscal 2025 operating income, which translates to 100 to 110 basis point impact on operating margin.

“What’s really important is that while there’s an impact in 2025 we do not expect the annualization of tariffs in 2026,” Katrina O’Connell, Gap Inc.’s chief financial officer, told WWD. “As we look to address tariffs this year, we’re utilizing a lot of the levers. We’ve discussed thoughtful adjustments to our sourcing. We’re looking at manufacturing, we’re looking at assortments, we are doing some targeted pricing. But we’re really focused on sustaining the momentum and market share gains that our reinvigoration playbook is driving as we pursue our tariff mitigation plans.”

Asked what’s been selling best, Di-kson said, “It’s been an exciting denim season for the industry, but I think in particular, Gap brand has been leading the way.” He cited the launch last week of the “Better in Denim” campaign featuring the Katseye girl group, and said the campaign has become the number-one search on TikTok, with 400 million total views. “It’s proving Gap is a powerful pop culture brand, but the denim category for Gap and Old Navy has been outstanding for us. Going into the back half, we will continue that momentum.”

Di-kson also cited the active category as a strong performer, particularly at Old Navy, fueled by a recent campaign with Lindsay Lohan and product innovation, and strategic partnerships. “Our Disney partnership this past quarter was very successful combination of what we call family appeal and trend-right products.”

Di-kson continues to search for a new head of Banana Republic. The position has been vacant for over a year, though Di-kson has been very involved in rejuvenating the brand.

“Banana Republic does over $2 billion worth of business. There are very few $2 billion brands in the industry so you need somebody who really understands how to operate a brand at scale. Over the last year we’ve been working very hard to reestablish the brand, the positioning, the vision, the codification, if you will, and now that we’ve evolved as a brand we’re looking for somebody who can accelerate and execute against a strategy and vision versus reshaping the brand. The brand is in very good condition now.”

Banana Republic’s second-quarter net sales of $475 million were down 1 percent compared to last year, but comparable sales rose 4 percent.

Old Navy, the largest volume brand in the Gap Inc. portfolio, generated second-quarter sales of $2.2 billion, up 1 percent compared to last year. Comparable sales rose 2 percent. “Old Navy continues to demonstrate consistency in execution with reinvigoration efforts continuing to progress,” the company indicated in a statement issued Thursday.

Gap brand’s second-quarter net sales of $772 million were up 1 percent compared to last year. Comparable sales were up 4 percent, achieving positive comparable sales for the seventh consecutive quarter.

Athleta’s second-quarter net sales of $300 million were down 11 percent compared to last year, while comparable sales were down 9 percent. “The brand continues to focus on resetting for the long term and improving its product and marketing, which will take time,” the company noted.

In other statistics, Gap Inc.’s store sales decreased 1 percent compared to last year, but online sales increased 3 percent and represented 34 percent of total sales. The company ended the quarter with about 3,500 store locations in over 35 countries, of which 2,486 were company-operated.

Asked why store sales were down slightly, Di-kson replied, “We believe in our stores. Stores are a really important way for our customers to experience our brand. We’re also at a pivotal point with our fleet, which is positioned much more optimally. We’ve been doing a lot of coming back over the last several years. We’re also testing some new formats and experience like Gap in Flatiron and Banana Republic in SoHo,” Di-kson said, referring to the two Manhattan neighborhoods

“We believe we’ve got great opportunity to drive more business out of our stores,” Di-kson said. “But on balance, we really look at our omnichannel approach as a way to gauge our business and our consumer reaction.” Some of the decline in store sales is due to closures, particularly at Banana Republic, but traffic overall at the stores was up last quarter.

Gross margin in the second quarter came to 41.2 percent and decreased 140 basis points versus last year. Merchandise margin decreased 150 basis points versus last year, primarily driven by lapping the benefit of incremental sales in the second quarter of fiscal 2024 relating to the company’s revenue-sharing agreement with its credit card partners.

“Gap Inc. overdelivered on profit expectations and achieved our top-line goals. With positive comps for the sixth consecutive quarter, fueled by our three largest brands Old Navy, Gap and Banana Republic, it’s clear our strategy is working,” Di-kson said in his prepared statement. “Two years ago, I shared my vision for leading Gap Inc. into an exciting new chapter. Since then, we’ve built a stronger foundation with more relevant brands, a sharper operating platform, and a more unified culture while consistently demonstrating agility and resilience in dynamic environments. We are advancing our transformation with discipline, clarity, and momentum and remain committed to building a high-performing company that delivers sustainable, long-term value for our shareholders.”

The company ended the second quarter with cash, cash equivalents and short-term investments of $2.4 billion, an increase of 13 percent from the prior year.

• Dell Technologies reported second fiscal quarter results on Thursday that beat Wall Street expectations for sales and revenue.
• The company attributed the results to strong growth in its AI server business.
• Dell said that it now plans to ship $20 billion of AI servers in its fiscal 2026, double what it sold last year.

Despite beating on its top and bottom lines, shares of Dell Technologies fell more than 5% Thursday in extended trading after giving third-quarter earnings per share guidance that below Wall Street’s expectations.

https://www.cnbc.com/2025/08/28/dell-earnings-report-q2-2026.html

Are we guessing record profits and a layoff? Or struggling sales and a layoff?

Home Depot's second-quarter earnings report revealed disappointing results, with the company missing analysts' expectations. This has raised concerns about its performance in the current retail environment.

https://finance.yahoo.com/news/live/earnings-live-zoom-stock-jumps-as-markets-turn-their-focus-to-nvidia-earnings-210250806.html

Every time quarterly results disappoint in any way, I start worrying about cuts. It doesn’t take much for leadership to decide and pull the trigger if it helps them get out of the hot seat faster. I might be paranoid, but something tells me I’m not far from the truth.

Got laid off today from TMO. Once again all the execs care about is the $ to Wall Street. TMO is really ran by Sprint