A publishing giant raised its outlook after an earnings beat, a home goods retailer is overhauling its strategy and changing its name, and an apparel brand is leaning on its wholesale arm to weather a tough quarter. Let’s take a look at what’s moving the market.

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*Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.

Futures 📈


What to Watch
Earnings:
Jabil Inc. [JBL]: Premarket
John Wiley & Sons Inc. [WLY]: Premarket
Tsakos Energy Navigation Ltd [TNP]: Premarket
Kirkland's Inc. [KIRK]: Premarket
Vince Holding Corp. [VNCE]: Premarket
La-Z-Boy Incorporated [LZB]: Aftermarket
Vistagen Therapeutics Inc. [VTGN]: Aftermarket
Beyond Air Inc. [XAIR]: Aftermarket
Economic Reports:
U.S. Retail Sales [May]: 8:30 am
Retail Sales Minus Autos [May]: 8:30 am
Import Price Index [May]: 8:30 am
Import Price Index Minus Fuel [May]: 8:30 am
Industrial Production [May]: 9:15 am
Capacity Utilization [May]: 9:15 am
Business Inventories [April]: 10:00 am
Home Builder Confidence Index [June]: 10:00 am

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Retail
Vince Holding Posts Wider Loss as Store Closures and Tariff Costs Weigh on Margins

Vince Holding Corp. (NYSE: VNCE) reported a 2.1% year-over-year drop in revenue to $57.9 million for the first quarter of fiscal 2025, as store closures and remodels continued to weigh on its direct-to-consumer business.
Gross profit came in at $29.2 million, nearly flat from last year, but operating losses widened to $4.4 million, down from an operating profit of $5.6 million in the same quarter last year.
The company cited higher freight and duty costs, legal expenses, and spending related to marketing and IT as key contributors to the decline. Adjusted EBITDA fell to -$3.0 million versus -$1.5 million a year earlier.
Wholesale segment sales were steady at $30.3 million, while direct-to-consumer revenue dipped 4.4% to $27.6 million. Vince closed the quarter with 58 stores, a net reduction of four locations compared to Q1 2024.
Leadership highlighted recent efforts to diversify the supply chain in response to evolving tariff risks and said they remain focused on maintaining product quality and customer experience.
Guidance for Q2 suggests that revenue may remain flat or decline by as much as 3%, with margin pressure expected to continue into the next quarter.
The news is tanking the shares in premarket, with the stock down around 13.7%.

Retail
Kirkland’s Resets Strategy and Rebrands Amid Steep Q1 Loss

Kirkland’s Inc. (NASDAQ: KIRK) reported a challenging start to fiscal 2025, with a significant decline in sales and a wider net loss, while unveiling a comprehensive rebranding and operational overhaul.
For the quarter ending May 3, net sales declined 11.2% year-over-year to $81.5 million, driven by a nearly 9% decrease in comparable sales, including a steep 26.7% decline in e-commerce sales.
The company reported a net loss of $11.8 million, or $0.54 per share, compared to a net loss of $8.8 million in the same period last year. Adjusted EBITDA came in at -$7.9 million.
Despite continued pressure on margins, CEO Amy Sullivan highlighted positive momentum in physical stores and a 3% increase in May same-store sales. However, a tornado that struck its Tennessee distribution center further disrupted online operations late in the quarter.
Kirkland’s also announced a rebrand to The Brand House Collective, signaling its pivot to a multi-brand retail strategy with plans to relaunch stores under the Bed Bath & Beyond, Overstock, and buybuy Baby banners.
Approximately 75 stores are targeted for conversion by 2026, with the first flagship Bed Bath & Beyond Home store set to open in Brentwood, TN, this August.
The company executed a corporate restructuring, expanded credit lines with Beyond Inc., and overhauled its board of directors to align with the transformation. Shareholders will vote on the new name and ticker—TBHC—at the July 24 annual meeting.
Investors are digesting the news, but in premarket trading, KIRK is down about 4.7%.

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*Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.

Publishing
John Wiley & Sons Raises Full-Year Outlook After Earnings Beat

John Wiley & Sons (NYSE: WLY) kicked off fiscal 2026 with a stronger-than-expected earnings outlook, which boosted investor sentiment despite ongoing revenue pressure.
For the fourth quarter, adjusted earnings came in at $1.27 per share, in line with consensus estimates and representing a 5% year-over-year gain. Revenue was reported at $435 million, down 7.1% from the prior year, reflecting continued softness across its publishing and academic services units.
Looking ahead, the company issued full-year fiscal 2026 guidance of $3.90 to $4.35 in adjusted EPS, well surpassing Wall Street’s average estimate of $3.80. The announcement provided a degree of clarity as Wiley navigates structural changes in academic publishing.
Shares, which closed at $37.69 on Monday, are higher in early trading by about 8%. Analysts have set a one-year price target of $60 for the stock, implying potential upside of nearly 60% from current levels.
Wiley’s reaffirmed focus on digital learning solutions, cost optimization, and margin expansion efforts is expected to play a pivotal role in driving future growth.
While revenue headwinds remain a concern, the raised earnings forecast signals management’s confidence in operational efficiency gains through fiscal 2026.

Movers and Shakers

Verve Therapeutics, Inc. [VERV] – Last Close: $11.37
Verve Therapeutics is a clinical-stage biotechnology company pioneering gene-editing therapies aimed at permanently reducing the risk of cardiovascular disease. The company’s precision medicine platform targets PCSK9 and ANGPTL3 genes, which are key regulators of blood lipid levels.
Shares are surging by more than 80% in premarket trading after a wave of renewed investor optimism surrounding the company’s therapeutic pipeline and positive sentiment across the biotech sector. While no specific company announcement has been released, the sharp move likely reflects momentum tied to upcoming data readouts or industry catalysts.
My Take: Verve’s one-time gene-editing strategy holds long-term promise, especially if it can deliver durable efficacy. I recommend monitoring trial updates and FDA interactions closely to assess the sustainability of this breakout before jumping in.
AIRO Group Holdings, Inc. [AIRO] – Last Close: $33.52
AIRO Group Holdings operates at the intersection of aerospace, defense, and advanced technologies, offering a range of solutions from unmanned systems to secure communications. The stock has gained more than 29% over the past year as the company expands its commercial and government client base.
This morning, shares are up nearly 8% in premarket activity, fueled by growing investor interest in dual-use technologies and speculation around new contract awards or industry partnerships. While the premarket move is notable, there has been no official catalyst disclosed yet.
My Take: AIRO is benefiting from rising demand for next-gen defense and aerospace systems. Confirmation of new deals or earnings strength would help solidify investor confidence behind today’s pop. Keep an eye on this one.
Oscar Health, Inc. [OSCR] – Last Close: $16.15
Oscar Health is a health insurance provider known for its tech-forward, member-centric approach. By integrating digital tools and personalized care into its platform, the company has aimed to disrupt traditional healthcare coverage models and attract a younger, more digitally engaged customer base.
Shares are trading nearly 8% higher in premarket hours after analysts cited accelerating membership growth and expanding gross margins. The company’s recent focus on profitability and operational efficiency appears to be resonating with investors.
My Take: Oscar’s data-driven approach to health insurance is gaining traction in a historically slow-moving sector. Continued improvement in margins and retention metrics could pave the way for long-term value creation. I suggest putting this one on your wait-and-watch list.

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Everything Else
Amazon Prime Day gets even longer with a new four-day deal.
BoJ continues bond buying but taps the brakes while keeping rates steady.
Meta’s stock jumps after rolling out ads on WhatsApp.
Nvidia nears a new record as its stock jumps on AI optimism.
Analysts recommend buying the dollar for the next few months.
TotalEnergies takes a 25% stake in Chevron’s offshore drilling portfolio.
U.S. Steel’s stock spikes as its Golden Share deal clears way for a Nippon tie-up.
Revived “TINA” mindset returns as U.S. households pour into stocks.
Santos’ shares surge after a long-awaited $36-billion takeover deal lands amid an oil rally and war jitters.

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.
Best Regards,
— Adam Garcia
Elite Trade Club
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