Latest news with #May31
Yahoo
4 hours ago
- Automotive
- Yahoo
CarMax shares surge on strong Q1 earnings beat
-- CarMax Inc. shares jumped 7.2% in premarket trading on Friday after the used car retailer reported first-quarter earnings that easily topped Wall Street expectations, driven by higher sales volumes and strong profit margins. The company reported earnings per share of $1.38 for the quarter ended May 31, beating analyst estimates of $1.19. Revenue rose 6.1% YoY to $7.55 billion, slightly above the $7.54 billion consensus forecast. Retail used vehicle unit sales increased 9% YoY to 230,210, with comparable store sales up 8.1%. Total gross profit climbed 12.8% to $893.6 million, helped by record high gross profit per retail used unit of $2,407. "We delivered our fourth consecutive quarter of positive retail comps and double-digit year-over-year earnings per share growth," said Bill Nash, CarMax (NYSE:KMX)'s president and CEO. "These results highlight the strength of our earnings growth model, which is underpinned by our best-in-class omni-channel experience, the diversity of our business, and our sharp focus on execution." The company's strong performance came despite ongoing economic uncertainty. CarMax Auto Finance (CAF) income decreased 3.6% to $141.7 million as higher provisions for loan losses offset growth in CAF's net interest margin. CarMax accelerated its share repurchase program, buying back $199.8 million worth of stock during the quarter. The company had $1.74 billion remaining on its repurchase authorization as of May 31. Related articles CarMax shares surge on strong Q1 earnings beat The Middle East crises could end up offering a good buying opportunity: Barclays EXCLUSIVE: Dot Ai completes merger with SPAC ShoulderUp
Yahoo
5 hours ago
- Business
- Yahoo
Accenture beats third-quarter revenue estimates
(Reuters) -Accenture beat Wall Street estimates for third-quarter revenue on Friday, driven by growing demand for the consulting giant's AI-driven services from enterprise customers. The company reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts' average estimate of $17.30 billion, according to data compiled by LSEG. Sign in to access your portfolio
CNA
02-06-2025
- Entertainment
- CNA
Actress Hailee Steinfeld and NFL star Josh Allen tie the knot in California
Hailee Steinfeld and Josh Allen have gotten married. The 28-year-old actress and the Buffalo Bills quarterback were photographed walking down the aisle at a ceremony in California on Saturday (May 31). The couple were first romantically linked in 2023 and announced their engagement in an Instagram post last November, although the National Football League (NFL) star's proposal came as a surprise to Steinfeld. Asked if she suspected that Allen would pop the question, the Sinners star told digital lifestyle publication Who What Wear: "Oh my God, no! You talk to your girlfriends about that, right, where you're like, 'I just don't want to know." She added of the proposal: "It was magical. That's the word." Steinfeld was also delighted that Allen, 29, made sure that she was dressed appropriately for the occasion. She said: "I'm so grateful that he did it the way he did so that I looked good, and we have these photos that we'll have to cherish for the rest of our lives that I'm not looking at being like, 'What was I wearing?" Allen recently described how he was really "proud" of Steinfeld following her starring role in the critically acclaimed horror movie Sinners. He said: "I'm so excited for her and so proud of her.' "It's getting some great reviews and it's a fantastic movie, so go watch it." Allen is one of the top players in the NFL and signed a six-year deal with the Buffalo Bills worth US$330 million (S$426 million) in March. However, he is happy to let his sporting talents take a backseat to Steinfeld's acting success. He said: "I'm just there trying to support her in whatever way that I can.' "That was her moment and I'm so glad she got to shine." Steinfeld had claimed in April that she was focusing on promoting Sinners, in which she plays the character Mary, before sorting out arrangements for her and Allen's wedding. The Spider-Man: Across The Spider-Verse star told Extra: "We are in the middle of a press tour. We got a movie coming out in 12 days? Six, something. We're focused on that." Steinfeld explained that she had learnt a lot about herself and her family during the making of the film, which is set in the south of the United States during the 1930s. She said: "I would say I learned a lot about my myself through Mary and even more about my family history … I had so many amazing conversations with my mom about her family and about her dad, my grandfather, who is half black, who I wish every day – because of this movie and for so many other reasons – I could call and ask him all the questions, and I would absolutely do that if he were here."
Yahoo
02-06-2025
- Entertainment
- Yahoo
Taylor Swift and Selena Gomez Celebrate in N.Y.C. 1 Day After Swift Gets Back Her Music Rights (Exclusive Photos)
Taylor Swift and Selena Gomez reunited for a girls' night out on May 31 The pop stars dined at a restaurant in New York City Swift and Gomez have been friends for years, after they first crossed paths when they were each dating a Jonas brother back in 2008"Long Live" Taylor Swift and Selena Gomez's friendship! Swift, 35, and Gomez, 32, reunited for a girls' night out in New York City on Saturday, May 31. The pair could be seen engaged in conversation while dining together at The Monkey Bar, according to photos obtained by Deuxmoi. For the evening out, Swift wore a black dress, while Gomez sported an all brown ensemble, including a large coat. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Swift and Gomez have been good friends for years. They first crossed paths when they were each dating a Jonas brother back in 2008. (Swift was seeing Joe Jonas, while Gomez was linked to Nick Jonas). Over the years, the stars have celebrated each other on various occasions — from marking their birthdays to promoting each other's latest music releases — as well as cheering each other on at award shows. The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now! Swift and Gomez have also been there for each other amid their respective romantic relationships. The Tortured Poets Department musician is currently dating Travis Kelce, while the Rare Beauty founder is engaged to Benny Blanco. While recently appearing on Spotify's Countdown to, Gomez and Blanco, 37, opened up about how they went to a party Swift threw after an awards show, before anyone knew the couple was dating. Swift's Big Apple outing with Gomez came days after the pop star announced that she finally owns her masters — which allows her to once again be in control of her music catalog after a public ownership feud involving record executive Scooter Braun. 'You belong with me. 💚💛💜❤️🩵🖤,' Swift cleverly captioned an Instagram carousel at the time, including a nod to her 2008 hit of the same name from her album Fearless. is now available in the Apple App Store! Download it now for the most binge-worthy celeb content, exclusive video clips, astrology updates and more! Swift's post featured three photos of her sitting on the floor of a portrait studio, surrounded by her first six albums. (During the years-long battle for ownership of her music, Swift famously re-recorded those LPs as 'Taylor's Version.") Gomez celebrated her BFF after she made the news public, writing in an Instagram Stories post, 'Yes you did that Tay. So proud!' Read the original article on People
Yahoo
01-06-2025
- Entertainment
- Yahoo
'Happy Gilmore 2' trailer teases cavalcade of cameos: Post Malone, Eminem and more
Adam Sandler is taking another swing at "Happy Gilmore" with help from some major stars. During Netflix's Tudum event on Saturday, May 31, the streamer debuted a new trailer for the comedian's highly anticipated sequel "Happy Gilmore 2." The footage teased a movie packed to the brim with cameos, starting with the trailer's opening scene in which Happy Gilmore falls flat on his face while golfing, as witnessed by Eric André, Margaret Qualley and Martin Herlihy. Later, Travis Kelce appears in a scene with Bad Bunny, Ben Stiller returns as orderly Hal, and several real television personalities like Ken Jennings and Stephen A. Smith pop up during a montage. The trailer also includes short glimpses of appearances by Eminem, Post Malone, Becky Lynch and more. Outside of the cameos, the main cast of "Happy Gilmore 2" includes Julie Bowen and Christopher McDonald, the latter of whom returns as Shooter McGavin. Sandler wrote the screenplay for "Happy Gilmore 2" with Tim Herlihy, his co-writer on the original movie. Adam Sandler mourns 'Happy Gilmore' alligator Morris despite onscreen rivalry The comedian has teased several of the film's cameos in interviews. Sandler said on the "Dan Patrick Show" in December that he filmed for a day with Eminem, who "said a million things we can use." Sandler noted at the time that "I've known Eminem for a long time, and he's a great guy." 'Happy Gilmore 2' release date confirmed in new trailer featuring Bad Bunny Qualley, meanwhile, has said that her role in "Happy Gilmore 2" is small, but that her husband Jack Antonoff helped convince Sandler to cast her because she's such a fan of the original. On "The Tonight Show," she joked that Antonoff lied to Sandler by claiming Qualley is good at golf in order to secure her a role. "He lied for the sake of the family," Qualley joked. "I've never golfed a day in my life. I'm terrible, actually." "Happy Gilmore 2" will be released on July 25, 2025. This article originally appeared on USA TODAY: 'Happy Gilmore 2' cast: Netflix's Tudum trailer teases cameos
