00:04 Speaker A
All right, now time for some of today’s trending tickers. Yahoo Finance’s Brooke DiPalma, join me now for a look at Home Depot, Planet Fitness, Constellation Energy. We’ll start here with Home Depot. So that one, one important metric here, Brook as always, comparable sales that they rose 0.4% in the quarter ended February 1st. That was better than the street had penciled in EPS ex-some items that also beat.
00:39 Brooke DiPalma
Yeah, and what we’re really seeing here is a little bit of optimism among the street, among investors that this could maybe be a step in the right direction. At least that’s what we heard from DA Davidson analysts saying in a note that this is a step in the right direction, particularly as mortgage rates start to just inch a little bit lower. Also, they, uh, this analyst said that that should be enough for Home Depot to continue their stock out performance this year and bring Lowe’s, which is reporting tomorrow up with it. We also heard from a Mizuho analyst who said that the environment is stable and that’s something that we’ve been waiting for for quite some time. And they also made some interesting call outs in the call. They said that that storm activity, winter storms in January sort of boosted the stock. Also they continue to see uh positive comps, positive same store sales growth for their pro business. And certainly uh that outperformed DIY customers as well, who are still under a bit of pressure there.
01:23 Speaker A
All right, next up, Planet Fitness. Let’s look at that one. Sliding, that’s despite topping earnings estimates, the adjusted EBITDA outlook pointing to concerns for Wall Street. I think that was it. It was the outlook for for 2026 adjusted EBITDA growth, that suggests profit gauge misses estimates. Per Bloomberg, they expect about 10% adjusted EBITDA growth. That would imply a total of about $607 million. The street was closer to about $622 million.
01:54 Brooke DiPalma
And I think really what the street is looking for here was they were expecting that those black card membership prices would increase. Now with this maybe guidance not as strong as they expected, there’s some uncertainty around what exactly that could mean there, just in terms of membership costs increasing over the next year. That was a note from William Blair pointing out. But Stifel analyst is largely bullish on this, saying that there’s several compelling drivers of membership growth in place including the black card price, he says it’s still going to increase. Also, they also said the impact of GLP1 usage, that could be positive momentum for membership growth. And on top of that too, have you heard about the Black Card Spa amenities? We’re talking lymphatic drainage, red light therapy, all the things that are trendy right now. Those are some of the things they’re saying that could be potential drivers.
02:41 Speaker A
Sure have. Now I’m checking it out.
02:42 Brooke DiPalma
Yeah.
02:44 Speaker A
Yeah. You had me at lymphatic drainage.
02:47 Brooke DiPalma
Whoo!
02:48 Speaker A
Finally, a look at Constellation Energy after reporting adjusted operating earnings that came in above estimates. So a couple things here. Yes, adjusted operating earnings per share for the fourth quarter, that beats. Also in terms of capital return, they did also increase the annual per-share per-share dividend, it looks like by 10% and they expect to grow the dividend per share by another 10% in ’26.
03:17 Brooke DiPalma
Let’s let’s bring this back to what we’ve been talking about all day and that is this is AI related because what we do know is that this is an energy company that certainly is playing into this AI driven momentum. Uh that revenue that we did see reach about $6 billion for the quarter was certainly driven in part by higher power demand tied to those artificial into those data centers that are currently being built out. The CEO saying within the call that constellation enters this year 2026 well positioned to meet the nation’s growing demand for quote-unquote reliable, clean electricity. And so certainly that feeling the benefit of it up about 6% as we make our way towards the close.
04:02 Speaker A
Brooke DiPalma, thank you. Appreciate it.
04:06 Brooke DiPalma
Of course.
