Reply To: Traders Market Weekly: FTX, Silvergate and SVB. A Pattern of Tech & ESG Irrational Exuberance


DocuSign (DOCU) beats by $0.13, beats on revs, beats on billings; guides Q1 revs in-line; guides FY24 revs above consensus; CFO will step down in the coming months… DOCU down 5.8%

Gap (GPS) misses by $0.29, misses on revs, comps -5%; guides Q1 revs below consensus; guides FY24 revs below consensus; anounces actions to optimize operating structure; CEO of Athleta is exiting the business… GPS down 7.4%

Oracle (ORCL) beats by $0.02, reports revs in-line, increases quarterly dividend by 25% to $0.40/share; company expected to issue guidance during earnings call at 5:00 p.m… ORCL down 2.5%

Ulta Beauty (ULTA) beats by $1.08, beats on revs, comps of +15.6%; guides FY24 EPS above consensus, revs above consensus, comps of +4-5%… ULTA down 2.1%

Vail Resorts (MTN) reports Q2 (Jan) results, beats on revs; lowers FY23 guidance due to significant weather disruptions at its Eastern U.S. resorts; increase quarterly dividend 8% to $2.06/share; raises authorization for share repurchases by 2.5 mln shares… MTN down 3.6%

Zumiez (ZUMZ) beats by $0.10, beats on revs; guides Q1 EPS below estimate, revs below estimate… ZUMZ down 10.7%