Adobe Delivers Record Q2 but Shares Fall After CFO Departure
Adobe reported strong Q2 results and raised its full-year guidance, but shares fell after the company announced that CFO Dan Durn will step down on June 15 to pursue a new opportunity.
Adobe reported strong Q2 results and raised its full-year guidance, but shares fell after the company announced that CFO Dan Durn will step down on June 15 to pursue a new opportunity.
Oracle reported Q4 revenue of $19.2B (+21%) and a record $638B RPO, beating expectations. Cloud revenue surged 47%, but massive $55.7B CapEx is worrying investors.
Chewy beat Q1 2026 earnings ($0.43 EPS) and grew revenue 7.7%, but cut full-year sales outlook due to weaker demand.
Cracker Barrel beat expectations, raised outlook, and saw shares jump as turnaround efforts and strong execution boost confidence.
Guidewire beat Q3 earnings, but a weak ARR outlook worried investors, sending shares down despite strong revenue growth.
Lululemon beat Q1 2026 expectations with $2.5B revenue but slashed full-year and Q2 guidance due to weak US demand.