Earnings Movers | Intuit Jump 9%; Workday Drops 12%; Ross Sinks 14%; Miniso Tumbles 19%; Deckers Outdoor Plunges 22%

Tiger Newspress
2025/05/23

Intuit forecast fourth-quarter revenue and profit above Wall Street estimates on Thursday, signaling growing demand for its AI-driven financial management tools and sending its shares up 9.3%.

StepStone Group shares surged 5.2% after the private market investment firm’s assets under management surged to $189.4 billion in the fiscal fourth quarter, up from $156.6 billion in the year-ago period.

Autodesk raised its forecast for fiscal 2026 revenue and adjusted profit, anticipating strong demand for its design and engineering software used across various industries, sending its shares up 0.4%.

Workday forecast second-quarter subscription revenue in line with Wall Street expectations on Thursday, anticipating weakening client spending on its human capital management software due to economic uncertainty, sending its shares down 12.2%.

Discount store operator Ross Stores withdrew its fiscal 2025 forecasts and said tariffs could take a toll on its profitability this year, sending its shares down 14%.

MINISO Group saw its stock price plummet 18.7% after the lifestyle products retailer released its first-quarter financial results that fell short of analysts' expectations.

UGG boots maker Deckers Outdoor said that it will not provide annual targets due to tariff-led macroeconomic uncertainty and forecast first-quarter net sales below estimates, sending its shares down 22.1%.

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