Five Below Shares Slide Despite Massive Profit Beat – Warns of Consumer Pain from High Oil Prices
Five Below beat expectations, but shares fell as rising costs and weaker shoppers raise concerns about future growth.
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#Earnings Movers↓
CrowdStrike Q1 2027 Earnings: Beats Expectations, Raises Guidance Despite Higher AI Spending
Despite beating Q1 estimates and raising full-year guidance, CrowdStrike shares plunged after hours as operating expenses surged 15% on heavy AI investments.
Broadcom’s Q3 Outlook Lets Down Investors Expecting a Blowout
Broadcom reported $22.2B revenue and 143% AI growth in Q2 2026, but shares dropped after Q3 guidance fell short of Wall Street’s blowout expectations.
Macy’s Raises Full-Year Forecast After Strongest First Quarter in Years
Macy’s reported its strongest first quarter in years, with comparable sales up 3% and Bloomingdale’s surging 10.2%. The retailer raised its full-year 2026 sales and earnings guidance for the first time in nearly four years.
Strong Quarter, Heartless Cuts: GitLab Slashes Workforce and Exits 22 Countries
GitLab cuts 350 jobs, exits countries, and restructures to focus on AI-driven software and automation growth.
GameStop Delivers Best Quarter in Company History with $390M Profit and $2B Buyback
GameStop reports record Q1 2026 net income of $389.6 million and approves a $2 billion share repurchase program. Sales up 14% to $835M, driven by collectibles.