PetSmart, Inc. (NASDAQ:PETM) announced financial results for the first quarter of 2014, and updated guidance for fiscal year 2014. Net sales for the first quarter of 2014 increased 1.1% to $1.7 billion. Comparable store sales, or sales in stores open at least one year, including online sales, fell 0.6%, with comparable transactions decreasing 2.2%. Services sales, which are included in net sales, grew 4.5% to $200 million. PetSmart, Inc. (NASDAQ:PETM) net profit margin is 6.10% and weekly performance is -12.69%. On last trading day company shares ended up $57.02. Analysts mean target price for the company is $70.31. PetSmart, Inc. (NASDAQ:PETM) distance from 50-day simple moving average (SMA50) is -15.13%.
Hormel Foods Corp (NYSE:HRL) reported its performance for the fiscal year 2014 second quarter. All comparisons are to the second quarter of fiscal 2013. The company reported fiscal 2014 second quarter net earnings of $140.1 million, up 12 percent from net earnings of $125.5 million a year earlier. Diluted earnings per share for the quarter were $0.52, up 13 percent compared to $0.46 last year. Sales for the quarter were $2.2 billion, up 4 percent from the same period in fiscal 2013. Hormel Foods Corp (NYSE:HRL) shares fell -2.86% in last trading session and ended the day on $47.14. HRL Gross Margin is 16.50% and its return on assets is 11.30%. Hormel Foods Corp (NYSE:HRL) quarterly performance is 2.50%.
Financial management solutions provider, Intuit Inc. (NASDAQ:INTU) has provided a cautious forecast for the fiscal year 2014 despite the company’s third quarter earnings beating the Street analysts’ estimations. The company’s guidance for the fourth quarter has also come below the predictions. Net revenues advanced 14.2% to $2.388 billion from $2.091 billion in the year-ago quarter. While product revenue rose 15.2% to $735 million from $638 million, service and other revenues grew 13.8% to $1.65 billion from $1.45 billion in the same quarter last year. Intuit Inc. (NASDAQ:INTU) shares moved up 0.82% in last trading session and was closed at $77.47, while trading in range of $73.50 – $78.40. Intuit Inc. (NASDAQ:INTU) year to date (YTD) performance is 2.01%.
On May 20, Dycom Industries, Inc. (NYSE:DY) announced its results for the third quarter ended April 26, 2014. Net income of $23.5 million, or $0.68 per common share diluted, for the nine months ended April 26, 2014, compared to $20.5 million, or $0.61 per common share diluted, for the nine months ended April 27, 2013. On a Non-GAAP basis, net income for the nine months ended April 27, 2013 was $24.7 million, or $0.73 per common share diluted. The Non-GAAP net income for the nine months ended April 27, 2013 excludes $6.5 million in pre-tax acquisition related costs and a pre-tax write-off of $0.3 million of deferred financing costs in connection with the replacement of the Company’s credit facility in December 2012.Dycom Industries, Inc. (NYSE:DY) ended the last trading day at $29.36. Company weekly volatility is calculated as 3.94% and price to cash ratio as 60.86. Dycom Industries, Inc. (NYSE:DY) showed a negative weekly performance of -8.93%.
MakeMyTrip Limited (NASDAQ:MMYT) issued its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04, American Banking News reports. The company had revenue of $60.85 million for the quarter, compared to the consensus estimate of $55.19 million. During the same quarter in the previous year, the company posted ($0.17) earnings per share. The company’s revenue for the quarter was up 30.7% on a year-over-year basis. MakeMyTrip Limited (NASDAQ:MMYT) net profit margin is -17.30% and weekly performance is 26.53%. On last trading day company shares ended up $25.09. MakeMyTrip Limited (NASDAQ:MMYT) distance from 50-day simple moving average (SMA50) is 30.47%.