Boasting the rodeo-ready title of the largest Western retailer in the United States, Boot Barn beat Wall Street expectations in its quarterly earnings report on Wednesday. The company reported a net sales of $505.4 million, a 18.7% increase from a year prior. Boot Barn's share price has increased by more than 50% over the past 12 months, and is up over 27% year-to-date.
Altria Group met adjusted earnings expectations in Q3 while delivering a revenue beat that caught investors' attention. The stock traded near $62.19 at the 9:00 AM ET filing, having drifted lower in recent weeks from its mid-$60s peak. Management raised the lower end of full-year guidance and expanded its buyback program, signaling confidence in the business despite ongoing headwinds in traditional tobacco.
16:25 CT - Good day to everyone, and welcome to another Tesla earnings call live blog. The Q3 2025 Update Letter seemed to be on the quieter side, but it's hard not to be impressed with Tesla's $4 billion free cash flow, an all-time high. Now we just have to see how the earnings call will go. 16:30 CT - Looks like the earnings call's livestream is up. It hasn't started yet, but the music's on. Here's the livestream:
Markets continue to push higher on strong earnings and upgrades. At the moment, Dow futures are up about 23 points. Nasdaq futures are up about three, as the S&P 500 tacks on about two points. All gaining a boost after General Motors ( NYSE: GM) hiked its guidance for the full year and beat earnings expectations. In fact, GM's EPS of $2.80 was better than the $2.31 expected. Revenue of $48.59 billion was better than the estimates of $45.27 billion.
Shares of Coca-Cola (NYSE:KO) lost 5.10% over the past month after gaining 1.09% the month prior. That puts the legacy soft drink maker's year-to-date (YTD) gain at 5.87%. But since it's YTD high on April 22. Since then, KO is down 11.41%. The Dividend King is still having a strong year, and globally, Coca-Cola continues to expand its footprint. Last spring, the company announced it will be investing more than $1.4 billion in Argentina to boost production, improve logistics
Shares of NVIDIA Corp. (NASDAQ:NVDA) gained 5.03% over the past five trading sessions after slipping 0.10% the five prior. That brings the stock's year-to-date gain to nearly 31%. In July, the AI chipmaker became the first publicly traded company to hit a $4 trillion market cap in early July. That achievement came just one month after surpassing both Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT) in market cap as members of the $3 trillion market cap club.
Longer term, of course, the Fed noted it's only planning to cut interest rates once each in each of the next two years, and only by 0.25% each time. For investors, that's a less propitious prospect, but still better than the Fed saying it doesn't expect to cut interest rates after this year - or worse, thinks it might start raising again.
It has been a rough month for Cracker Barrel - but its most loyal fans appear to be sticking it out for now. Cracker Barrel reported its Q4 earnings on Wednesday, missing analyst expectations on earnings and beating on revenue. The mixed results saw shares tumble nearly 10% in after-hours trading, another knock to the chain, which has faced a barrage of criticism over its halted rebrand effort in recent weeks.
