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DocuSign's (NASDAQ:DOCU) Q1 Earnings Results: Revenue In Line With Expectations But Gross Margin Drops

E-signature company DocuSign (DOCU) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 7.3% year on year to $709.6 million. The company expects next quarter's revenue to be around $727 million, in line with analysts' estimates. It made a non-GAAP profit of $0.82 per share, improving from its profit of $0.72 per share in the same quarter last year. ....

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Vail Resorts (NYSE:MTN) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops

Luxury ski resort company Vail Resorts (NYSE:MTN) missed analysts' expectations in Q1 CY2024, with revenue up 3.6% year on year to $1.28 billion. It made a GAAP profit of $9.54 per share, improving from its profit of $8.18 per share in the same quarter last year. ....

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Abercrombie and Fitch (ANF) Shares Skyrocket, What You Need To Know

Shares of young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) jumped 27% in the afternoon session after the company reported a "beat and raise" quarter. First quarter results blew past analysts' revenue and EPS expectations, driven by its insanely high 21% year-on-year same-store sales growth (vs analysts' estimates of 12%). The sales performance was broad-based with Abercrombie brands up 31% while Hollister brands delivered growth of 12%. On the back of the strong print, the company rai ....

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Red Robin (NASDAQ:RRGB) Misses Q1 Revenue Estimates, But Stock Soars 7.7%

Burger restaurant chain Red Robin (NASDAQ:RRGB) missed analysts' expectations in Q1 CY2024, with revenue down 7% year on year to $388.5 million. On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.26 billion at the midpoint. It made a non-GAAP loss of $0.80 per share, down from its profit of $0.26 per share in the same quarter last year. ....

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Why DraftKings (DKNG) Stock Is Down Today

Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell 13% in the afternoon session as betting stocks took a hit after the Illinois State Senate passed a bill proposing higher taxes on online sports betting operations. The new proposal suggests taxes paid by betting operators will increase starting on July 1, 2024 with the rate varying from 20% to 40% depending on the company's annual revenue. ....

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