second quarter
Coverage of second quarter in the Nexus archive.
- Walmart strong again in second quarter, but its outlook is reserved
Walmart reported a strong performance during the second quarter. However, this positive news was accompanied by a more cautious outlook for the company's future.
- New merchandise, more foot traffic and a $994 million tariff refund powers a strong second quarter for Target
Target achieved a strong second quarter, driven by several positive factors. These included new merchandise, increased foot traffic, and a substantial $994 million tariff refund.
- Home Depot revenue rises even as customers turn away from bigger projects
Home Depot beat Wall Street estimates in its second quarter, with its revenue rising despite customers shifting away from larger projects. The home improvement retailer's strong performance was attributed to customers taking on smaller construction projects instead.
- Petrochemicals Maker Braskem Beats Estimates Amid Cash Woes
Petrochemicals Maker Braskem SA reported better-than-expected results in the second quarter. These positive outcomes were attributed to war-related disruptions that impacted petrochemical supplies from both the Persian Gulf and Asia.
- Swiss economy grows at fastest rate since 2021 despite trade turmoil
The Swiss economy grew at its fastest rate since 2021, despite facing trade turmoil. This boost was helped by the chemicals and pharma sectors, which contributed to increasing GDP by 1.5% in the second quarter.
- UK growth resilient in second quarter
UK growth was reported as resilient during the second quarter. Real GDP performed better than expected, particularly when compared to the challenging months defined by the energy price shock.
- UK economy grew 0.4% in second quarter
The UK economy grew by 0.4% during the second quarter. This expansion occurred as businesses managed to weather a surge in energy prices.
- Radcom: Q2 Earnings Snapshot
Radcom Ltd. (RDCM) reported a loss of $3.1 million and 18 cents per share in its second quarter. The company also posted revenue of $11.8 million during the period. Adjusted losses were noted at 9 cents per share.
- Credit card debt rises to $1.26 trillion, nearing all-time record
American credit card debt recently reached $1.26 trillion. This figure represents an increase of $21 billion during the second quarter of the year.
- Credit card debt rises to $1.26 trillion, nearing all-time record
Americans' credit card debt currently stands at $1.26 trillion, nearing an all-time record high. This figure represents a significant increase of $21 billion in the second quarter of this year, according to new data.
- Credit card debt rises to $1.26 trillion, nearing all-time record
Americans' credit card debt currently stands at $1.26 trillion, approaching an all-time record. According to new data, this amount reflects an increase of $21 billion during the second quarter.
- Hims & Hers revenue grew 38% to $753 million and raised its outlook to $3.3 billion
Hims & Hers reported that its revenue grew 38% to $753 million, while raising its full-year revenue outlook to $3.1–$3.3 billion. Despite the strong growth metrics, the telehealth company posted a net loss of $86.3 million during the second quarter.
- IHS Holding: Q2 Earnings Snapshot
IHS Holding Ltd. reported a loss of $8.8 million and 3 cents per share during its second quarter. The London-based telecommunications infrastructure company also posted revenue of $428.6 million, with losses adjusted to 4 cents per share.
- Celsius Holdings stock plunges after its flagship energy drink brand posted a sales decline
Celsius Holdings' stock plunged after its flagship energy drink brand posted a sales decline. The company reported total revenue of $817.9 million in the second quarter, which missed analyst expectations by roughly $55 million.
- Warby Parker swung to profit, boosted by a tariff refund, as revenue climbed
Warby Parker, an eyewear company, posted a net income of $4.6 million in the second quarter, marking a reversal from a loss seen the previous year. The strong results were fueled by an increase in revenue of 9.8% and was boosted specifically by a tariff refund.
- Block beat earnings expectations after slashing 40% of its workforce for AI
Fintech company Block beat earnings expectations after slashing 40% of its workforce for AI development. The company reported a record adjusted operating income margin of 27% and achieved 25% gross profit growth during the second quarter.
- Anthropic says it’s about to have its first profitable quarter
Anthropic announced to investors that it expects to more than double its revenue to approximately $10.9 billion in the second quarter, signaling the company's path toward profitability. This represents significant growth for the AI company and demonstrates strong market demand for its services.
- Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
The inflation rate is projected to hit 6% in the second quarter, according to top economic forecasters. A recent survey indicates that the surge in inflation will worsen over the next several months. This projection suggests a challenging economic outlook.