Earnings Reports

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Athletic apparel company Lululemon Athletica, best known for it's yoga gear reported better than expected first quarter earnings and raised guidance sending $LULU to an all time high. High margin, accelerating and expanding in new lines and online sales boost.

Thor Industries reported Better than expected third-quarter earnings on Monday before the bell. $THO earnings were affected by acquisition-related costs of the purchase of the European Erwin Hymer Group. The company cited favorable trends.

Video game retailer GameStop reported first quarter earnings with a better EPS but missed on sales down 13% year-over-year to $1.5 billion seeing $GME plunge 40%. While escapism is in vogue, Fortnite and online has changed the landscape.

Cloud enterprise software firm Salesforce.com reported better than expected first quarter earnings after the market Tuesday. $CRM also raised guidance. Salesforce again saw growth from it's $6.5 billion acquisition of MuleSoft.

Athletic-inspired fashion retailer Hibbert Sports reported much stronger earnings Friday. EPS jumped 44% and revenue rose 25%. $HIBB was uo 20% premarket. In contrast leading athletic retailer Foot Looker $FL was off 20% after also reporting.

Norway's Golar LNG Limited reported first quarter earnings Tuesday.with higher revenue than expected. $GLNG sees higher fleet utilization  ahead as LNG production increases. The company is proceeding with the TFDE LNG Carrier Spinoff.

Iconic farming, forestry and construction equipment maker Deere missed second quarter earnings reported before the open Friday. $DE also cut guidance citing global risks, higher US dollar and higher raw materials and freight costs fueling higher expenses and uncertainty.

Chinese video streaming company iQiyi, an arm of China major Baidu known as China's Netflix, reported first quarter earnings Thursday after the close. The net loss widened to RMB 1.8 billion ($270.3 million), smaller than expected but with revenue lower than expected.

Video game publisher Take-Two Interactive Software reported mixed results for its fiscal fourth quarter with a soft outlook for fiscal year. $TTWO was driven primarily by Red Dead Redemption 2, Grand Theft Auto Online and NBA 2K19.

Sonos released better than expected second quarter earnings after the close Thursday with the momentum of Home Theater smarter speaker Beam leading. $SONO also announced the Google Assistant support launch.

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