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NEW YORK, April 1, 2024—PVH Corp. (NYSE: PVH), the parent company of iconic brands Calvin Klein and Tommy Hilfiger, today released its financial results for the fourth quarter and full fiscal year of 2023, outperforming its financial guidance amidst challenging market conditions. Despite the positive performance, the company's shares fell by 22.5% in after-market trading, reflecting investor concerns over the conservative outlook for 2024.

ST. PAUL, Minn., March 27, 2024 – H.B. Fuller Company (NYSE: FUL), a global leader in adhesives, sealants, and other specialty chemical products, today announced its first-quarter financial results for the fiscal year 2024, ending March 2, 2024. The company reported a commendable start to the year, with financial indicators showing significant improvement and strategic achievements highlighting operational excellence.

NEW YORK, March 27, 2024 — Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company, today announced its financial results for the first quarter of fiscal year 2024, highlighting notable growth in revenue and earnings.

NEW YORK, March 27, 2024 — Braze (Nasdaq: BRZE), a leader in the customer engagement platform space, has announced its financial results for the fiscal year and fourth quarter ended January 31, 2024, showcasing significant year-over-year growth and setting positive expectations for the coming fiscal year.

MIAMI, March 27, 2024 - Carnival Corporation & PLC (NYSE/LSE: CCL; NYSE: CUK), the world's largest leisure travel company, today reported outstanding financial results for the first quarter of 2024. Demonstrating a remarkable recovery and growth trajectory, the company announced record first-quarter revenues of $5.4 billion, an unprecedented surge in net yields and net per diems in constant currency, and the highest booking volumes in its history.

In significant developments for U.S. merchants and consumers, Visa and Mastercard have separately agreed to landmark legal settlements that promise to reshape the landscape of credit card interchange fees. These agreements come as a result of nearly two decades of litigation and negotiations, offering both immediate and long-term benefits for small businesses and the wider economy.

March 26, 2024, BURLINGTON, Mass. — Progress (Nasdaq: PRGS), a globally recognized provider of infrastructure software, has kicked off the fiscal year 2024 with financial figures that not only underscore the company's robust growth trajectory but also exceed prior estimates. The first quarter of the fiscal year, ending February 29, 2024, saw notable increases in revenue and operational efficiencies, positioning Progress well for the forthcoming quarters.

March 26, 2024, WILMINGTON, N.C. — nCino, Inc. (NASDAQ: NCNO), the cloud banking leader for the global financial services industry, proudly announced its financial achievements for both the fourth quarter and the entire fiscal year 2024, ending January 31, 2024. With notable revenue growth and significant advancements in subscription services, nCino is setting the stage for continued success and innovation in the banking technology sector.

March 26, 2024, NEWARK, Calif. — Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience solutions and technology, today disclosed its financial performance for the first quarter of the fiscal year 2024, ending February 29, 2024. The company has highlighted significant growth in revenue, alongside operational achievements and future financial commitments, including a substantial share repurchase program.

In a surprising turn of events, GameStop Corp. (NYSE: GME) disclosed its earnings for the fourth quarter of Fiscal Year 2023, revealing numbers that fell short of analysts' expectations. The well-known video game and electronics retailer saw its shares take a hit in after-hours trading following the announcement, signaling investor concerns over the company's current performance and future outlook.

In a notable financial update from Fremont, California, TD SYNNEX Corporation (NYSE: SNX) has reported its fiscal first-quarter results for 2024, showcasing a performance that not only surpassed Wall Street expectations but also signaled a strong outlook for the upcoming quarter. With a net income of $172.1 million and a significant profit per share, the company has positioned itself as a resilient force in the high-tech contracting sector.

McCormick & Company, Incorporated, a global leader in the flavor sector, has recently unveiled its financial achievements for the first quarter of 2024, ending on February 29. Demonstrating a robust start to the year, the company has reported a 3% increase in sales compared to the same period last year, with operating income soaring to $234 million from $199 million. Adjusted for certain items, the operating income stood even higher at $238 million, marking a 5% year-over-year growth.

In a significant move to strengthen its e-commerce ecosystem, Alibaba Group announced its intention to invest up to $3.75 billion to acquire all outstanding shares of Cainiao Smart Logistics Network Limited. This decision comes alongside the withdrawal of Cainiao's IPO and listing application, signaling a deepened integration between Alibaba's e-commerce operations and Cainiao's logistical services.

GreenTree Hospitality Group Ltd., a renowned hospitality and restaurant management group in China, released its unaudited financial results for the fourth quarter and the fiscal year ending December 31, 2023. Here are the factual highlights from their announcement:

On March 25, 2024, The Metals Company Inc. (Nasdaq: TMC) ("TMC"), a trailblazer in the exploration of eco-friendly battery metals from seafloor polymetallic nodules, shared a comprehensive update alongside its financial outcomes for the fourth quarter and the entirety of 2023. This period marked significant strides in operational advancements and financial management aimed at bolstering the company's pioneering position in sustainable metal exploration.

SHANGHAI, China, March 25, 2024 – Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), a leader in China's local on-demand retail and delivery sector, has revealed its unaudited financial figures for the fourth quarter and the fiscal year ending December 31, 2023.

In the realm of business finance, two critical metrics stand out for assessing a company's financial health: Net Income and Free Cash Flow. While both provide valuable insights into a company's financial performance, they differ in calculation methods and what they signify about a business. This article will explore the distinctions between Net Income and Free Cash Flow, shedding light on their implications for businesses and investors.

China has taken a significant step in reducing its reliance on foreign technology by introducing new guidelines that phase out U.S. microprocessors, specifically those from Intel and Advanced Micro Devices (AMD), in government personal computers and servers. This move, as reported by the Financial Times, marks a considerable shift towards domestic alternatives and is part of a broader effort to bolster the Chinese semiconductor industry.

This week, the financial community turns its attention to a diverse array of companies across different sectors as they prepare to release their earnings reports. The following is a chronological overview of the expected earnings announcements, including the estimated earnings per share (EPS) for each company:

In recent financial updates, the U.S. economic landscape showcased mixed signals across various sectors, with the manufacturing and retail sectors moving in opposite directions in terms of profitability, while the housing market exhibited a robust recovery in February after a downturn in January.

Semiconductors, or semiconductor devices, are materials with electrical conductivity between that of a conductor and an insulator. These critical components form the backbone of modern electronics, enabling the development and functioning of a vast array of devices, from smartphones and computers to appliances and industrial machinery. Semiconductors are essential for integrated circuits (ICs), transistors, and diodes, which are foundational to digital computing and communication technologies.

In the realm of financial analysis and equity evaluation, Earnings Per Share (EPS), Adjusted Earnings Per Share (Adjusted EPS), and Diluted Earnings Per Share (Diluted EPS) stand as pivotal metrics. These figures not only offer insights into a company's profitability but also help investors gauge the financial health and performance of businesses. Let’s delve into what each of these terms signifies and why they are crucial for investors.

VANCOUVER, British Columbia, March 21, 2024 - Lululemon Athletica Inc. (NASDAQ: LULU) announced its fiscal fourth-quarter earnings, surpassing Wall Street expectations but providing future guidance that fell short of estimates, leading to a 9% decline in shares in extended trading.

MEMPHIS, Tenn., March 21, 2024 – FedEx Corp. (NYSE: FDX) today released its consolidated financial results for the third quarter ended February 29, showcasing notable improvements in profitability and operational efficiency. Despite facing a challenging demand environment, the company reported a significant increase in diluted earnings per share (EPS) and announced ambitious plans for shareholder returns, including a new $5 billion share repurchase program. Following the announcement, FedEx shares surged by 15% in after-market trading.