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The company raised its full-year adjusted EPS guidance to at least $29.60, marking an increase of $0.10 from its prior guidance.

Cloud growth jumped 25% and the artificial intelligence monthly active users surpassed 1.5 million.

The company said it remains confident in its strategy and continues to see a path to achieving positive operating income in 2026, despite the uncertainties.

The sportswear giant maintained a $0.40 quarterly dividend, which will be paid out on July 1.

On the earnings call, CEO Steve Huffman said the company expects some bumps due to the Google algorithm changes.

The company said future earnings may be affected by many factors, such as tariffs and trade policies, currency fluctuations, and "recessionary fears."

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The company has adjusted its full-year revenue guidance to $4.1 billion to $4.21 billion, reflecting the benefits of foreign exchange impacts, up from its previous estimate of $4.06 billion to $4.17 billion.

The company reported first-quarter revenue of $108 million, down from $167 million in the corresponding period of 2024, and below an analyst estimate of $115.32 million, as per FinChat data.

Kohl’s said that Buchanan directed the company to engage in vendor transactions that involved undisclosed conflicts of interest.

The growth in sales was driven by a 17.5% increase in sales of internal combustion engine-powered vehicles and a 29.6% jump in hybrid vehicle sales.

The company cut its adjusted earnings per share guidance for the full year to $22.50 to $24.00, down from its previous forecast of $20.78 to $22.28.

The company now expects net income attributable to shareholders for the full year to be $8.2 billion to $10.1 billion, down from its previous estimate of $11.2 billion to $12.5 billion.

Revenue declined 3% year-over-year to $5.96 billion, falling short of a Wall Street estimate of $6.13 billion.

The company now expects full-year adjusted EPS in the range of $6.00 to $6.20, up from its previous guidance of $5.75 to $6.00.

CFO Amy Hood said on the call that fourth-quarter capital expenditure will rise sequentially from the $21.4 billion spent in the previous three-month period.

Sales decline in the Americas was offset by growth in Europe and Asia.

Its chains, Taco Bell and KFC, reported strong take rates, while Pizza Hut remained a laggard.

Goldman Sachs lowers its price target to $85 from $103, with several other analysts making similar downward revisions.

CFO Akash Palkhiwala acknowledged the uncertainty around the impact of the global trade landscape on demand across the company’s businesses, according to Koyfin’s transcript.

The investment will create 200 additional delivery stations by the end of 2026, tripling the size of its rural network.

The company appointed a new CFO and shuffled the top management structure to focus on speed and innovation.

Meta raised its capex estimate for the year to $64 billion-$72 billion from $60 billion-$65 billion, citing increased data center investments and higher infrastructure hardware costs.

Analysts, on average, expect Apple to report second-quarter earnings per share of $1.62 and revenue of $94.42 billion.