Adam Hejl

Online accommodations platform Airbnb (NASDAQ:ABNB) announced better-than-expected results in Q1 CY2024, with revenue up 17.8% year on year to $2.14 billion. On the other hand, next quarter's revenue guidance of $2.71 billion was less impressive, coming in 1.1% below analysts' estimates. It made a GAAP profit of $0.41 per share, improving from its profit of $0.17 per share in the same quarter last year.

Personal care company Nu Skin (NYSE:NUS) missed analysts' expectations in Q1 CY2024, with revenue down 13.3% year on year to $417.3 million. Next quarter's revenue guidance of $437.5 million also underwhelmed, coming in 3.7% below analysts' estimates. It made a non-GAAP profit of $0.09 per share, down from its profit of $0.37 per share in the same quarter last year.

Beauty supply retailer Sally Beauty (NYSE:SBH) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 1.1% year on year to $908.4 million. It made a non-GAAP profit of $0.35 per share, down from its profit of $0.41 per share in the same quarter last year.

Amusement park operator Six Flags (NYSE:SIX) fell short of analysts' expectations in Q1 CY2024, with revenue down 6.3% year on year to $133.3 million.

Global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) missed analysts' expectations in Q1 CY2024, with revenue down 6.9% year on year to $9.96 billion. It made a GAAP loss of $0.40 per share, improving from its loss of $0.44 per share in the same quarter last year.

Shares of outdoor lifestyle products brand (NYSE:YETI) jumped 16.1% in the pre-market session after the company reported first quarter results that blew past analysts' EPS expectations. Its revenue also outperformed Wall Street's estimates. The company called out a balanced contribution from both wholesale and direct-to-consumer channels. International sales also grew to a record 19%, assisted by a re-acceleration in domestic growth. While full year revenue guidance was maintained, EPS guidance was raised. Overall, we think this was a really good quarter that should please shareholders.

Why Duolingo (DUOL) Shares Are Plunging Today What Happened:

Why AppLovin (APP) Stock Is Trading Up Today What Happened:

Shares of egg and butter company Vital Farms (NASDAQ:VITL) jumped 27.2% in the morning session after the company reported a "beat and raise" quarter.

Shares of local business platform Yelp (NYSE:YELP) fell 7.6% in the morning session after the company reported first quarter earnings results. Yelp's revenue growth regrettably slowed and its revenue missed Wall Street's estimates. The company observed "a challenging environment for the restaurant, retail and other categories" partly offset by outperformance in the home services segment ( +15% year-over-year). On the other hand, adjusted EBITDA came in ahead. Overall, this was a mixed quarter for Yelp.