Category: Newsfeed
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AppFolio 3Q25 Business Recap: Revenue Accelerates (Again)
(This is a business recap, which is shorter than an update. Check out last quarter’s 2Q25 AppFolio update here where we included expert call insights on competition). 3Q25 Update. AppFolio reported strong 3Q25 results and the stock was up +8% the next day. Revenues accelerated 200bps to +21% y/y. This…
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Floor & Decor 3Q25 Business Update: Still Treading, but Reiterate Long-Term Vision
(Speedwell Members click here for a PDF version of this post). 3Q25 Update. FND reported 3Q25 and the stock was up +6% after hours. Revenue increased +5.5% y/y, while comparable sales decreased -1.2%. As a reminder, they signaled last quarter that their comps turned negative after the tariffs were enacted,…
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APG 3Q25 Business Recap: Continued Execution
3Q25 Update. APG reported strong 3Q results, with shares rising roughly +2% following the announcement. Year to date the stock has gained +46%. APG’s revenue increased +14% y/y but growth contracted 100bps compared to last Q. Organic growth reached approximately +10% y/y, up from 8% in the prior quarter. Within…
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Perimeter Solutions 3Q25 Business Update: Deepening the Moat
(Members can read an extended version of this post here or a PDF version of this post here) 3Q25 Update. Perimeter Solutions reported 3Q25 and the stock jumped +26%. YTD the stock is now +112%. While the results were good, it was not clear what would warrant such a large move.…
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Meta 3Q25 Business Update: AI is Working
(Speedwell Members please click here for the full post or a PDF version of this post here) 3Q25 Update. Meta reported 3Q25 and the stock dropped -8% after hours. Their core apps looked as healthy as ever with Daily Active People reaching 3.5 billion, +8% y/y. Instagram surpassed 3 billion MAUs…
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CoStar 3Q25 Business Recap: 47% Core Margins, But Still Posting Losses
3Q25 Business Recap. CoStar reported 3Q25 and revenues were +20% y/y. This figure includes the acquisition of Domain. Backing out Domain’s revenue contribution for the quarter, revenue growth was +16.5% y/y, still an acceleration from last quarter and higher than in recent quarters. Growth was broad based with their two…
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Evolution 3Q25 Business Update: Revenue Falls for the First Time Ever
(Speedwell Members can access a full version of this post here and a PDF of this post here) 3Q25 Update. Evolution reported 3Q25 and the stock was down -7%. For the first quarter ever, they reported a contraction in y/y revenue. Total revenues shrunk -2% y/y, driven by weak performance…
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LVMH 3Q25 Business Recap: Postive Revenue Trends
LVMH releases revenue updates for 1Q and 3Q. These are short press releases with only revenue info and limited commentary. Nevertheless, we wanted to provide a short recap. 3Q25 Revenue Update. LVMH posted their 3Q25 revenue update and the stock reacted positively, moving +13% over the next 2 days. …
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RH 2Q25 Business Update: Inflection just Around the Corner… (Again)
(Members can get an extended version of the post here or a PDF of this post here). 2Q25 Update. RH reported 2Q25 and revenues grew +8% y/y, down from the +12% y/y they did last Q. This isn’t surprising given this is the first full quarter that the tariffs impacted operations.…
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CPRT: 4Q25 Business Recap (Calendar 2Q25)
Note: We just wanted to provide a short update on CPRT, but big picture not much has changed from our update last quarter. You can find a PDF here. 2Q25 Summary. Copart reported fiscal 4Q25, and the stock dropped -3% the following day. The stock is now down -23% from…