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MLB News: Spring training roundup: Michael Toglia, Rockies rock Brewers


Michael Toglia went 4-for-4 with two doubles, a homer and three RBIs to highlight the Colorado Rockies’ 12-8 win over the Milwaukee Brewers on Monday in Phoenix.

Toglia, playing right field, also scored four runs as the visiting Rockies pounded 18 hits.

Harold Castro went 3-for-3 with two RBIs, Mike Moustakas went 3-for-4 with two runs, Ezequiel Tovar went 2-for-3 with a double and two RBIs, Charlie Blackmon went 2-for-3 with one RBI, and Yonathan Daza drove in two runs.

The Brewers collected 12 hits, including two home runs from William Contreras, who was 2-for-3 with six RBIs and two runs. Brian Anderson also went deep.

Braves 6, Red Sox 1

Matt Olson hit his eighth home run of the spring and Eddie Rosario and Sean Murphy also went deep as Atlanta cruised past Boston in North Port, Fla.

Rosario was 2-for-3 with a three-run homer, and Michael Harris II was 2-for-3 with a double. Eight Braves pitchers combined on a four-hitter.

Niko Goodrum and Yu Chang doubled for the Red Sox.

Twins 8, Pirates 4

Jose Miranda went 3-for-4 with two doubles and one RBI, and Donovan Solano and Hernan Perez homered as Minnesota doubled up Pittsburgh in Fort Myers, Fla.

Right-hander Joe Ryan started for the Twins and went 3 1/3 scoreless innings, allowing three hits and no walks with four strikeouts.

Maikol Escotto slammed a three-run homer 404 feet in the ninth inning for Pittsburgh.

Yankees 8, Rays 4

Eric Wagaman went 2-for-2 with a homer and three RBIs to lead host New York past Tampa Bay in Tampa, Fla.

Rafael Ortega hit a solo shot for the Yankees, while Josh Donaldson went 2-for-2 with a double.

Christian Bethancourt homered for the Rays, and Josh Lowe had two hits including a double.

Cardinals 8, Orioles 2

Jacob Buchberger and Chandler Redmond each slammed three-run homers to power St. Louis past Baltimore in Sarasota, Fla.

Nolan Gorman also went deep for the Cardinals.

Ryan O’Hearn homered for the Orioles, who were outhit 13-4.

Phillies 5, Blue Jays 2

Trea Turner and Leandro Pineda homered in Philadelphia’s victory over host Toronto in Dunedin, Fla.

Bryson Stott added a two-run single in the first inning.

Nathan Lukes went 2-for-3 with a double, RBI and run for the Blue Jays.

Padres 4, Mariners 2

Xander Bogaerts hit a two-run double in the third inning as San Diego doubled up host Seattle in Peoria, Ariz.

Right-hander Seth Lugo started for the Padres and allowed five hits, two runs and one walk with three strikeouts in six innings.

The Mariners totaled five hits, all singles, along with three walks while striking out nine times.

White Sox 6, Cubs 6

The White Sox scored five runs in the top of the ninth inning, including Romy Gonzalez’s three-run homer, to tie their Chicago rival in Mesa, Ariz.

The Cubs had led 4-0 after the first inning and 6-0 after four, with Dansby Swanson going deep in the second.

The White Sox notched a single run in the sixth, then scored five times in the ninth on a single, walk, fielder’s choice, Gonzalez’s homer, a single, a double and DJ Gladney’s two-out, two-run single.

Rangers 4, Royals 4

Texas struck for a pair of runs in both the seventh and eighth innings to forge a tie with Kansas City in Arlington, Texas.

Michael Massey hit a two-run homer and Hunter Dozier added a solo shot in the fourth inning as the Royals jumped out to a 4-0 lead. But a two-run double from Josh H. Smith and RBI singles from Robbie Grossman and Jonah Heim allowed the Rangers to avoid the loss.

Texas starter Nathan Eovaldi gave up four runs on seven hits in five innings while walking one and striking out six. Kansas City relievers Dylan Coleman and Jose Cuas gave up two runs apiece.

Angels 5, Dodgers 4

Mike Trout hit a two-run homer and Taylor Ward ripped a solo blast as the Los Angeles Angels edged the Los Angeles Dodgers in Anaheim, Calif.

Ward also walked with the bases loaded in the sixth inning to bring home a key insurance run. Cesar Valdez earned the save with a 1-2-3 ninth inning.

The Dodgers scored all four of their runs via the long ball, getting solo home runs from Mookie Betts, Miguel Rojas, Chris Taylor and Luke Williams.

Diamondbacks 7, Guardians 6

Arizona scored all seven of its runs in its final two at-bats to sneak by Cleveland in Phoenix.

Josh Naylor, Amed Rosario and Milan Tolentino each had run-scoring singles to help the Guardians take a commanding 6-0 lead, but the Diamondbacks stormed back, moving ahead on Jordan Lawlar’s two-run home run in the bottom of the eighth inning.

Carlos Vargas, Miguel Castro and Scott McGough each provided a scoreless inning of relief to allow the Diamondbacks to make their comeback after starter Madison Bumgarner was tagged for four runs (two earned) on five hits in five innings.

Athletics 12, Giants 6

Ramon Laureano hit a three-run homer and Seth Brown and Jesus Aguilar added two RBIs apiece as Oakland doubled up host San Francisco.

A’s right-hander James Kaprielian went 5 1/3 innings, allowing two runs and five hits to go along with two walks and six strikeouts to earn the win.

Ford Proctor went 2-for-2 with two doubles and three RBIs for the Giants, who also got a pair of hits from Joc Pederson.

–Field Level Media

Prince Harry and Elton John appear at High Court Alleging Phone Tapping And Other Privacy Intrusions

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Prince Harry Facebook Official Elton Shutterstock Andrea Raffin

Monday, Prince Harry and Elton John appeared in court in London as the attorney for a group of British tabloids prepared to seek the judge to dismiss the lawsuit that the tabloids and several other well-known individuals filed alleging phone tapping and other privacy intrusions.

The Daily Mail, Mail Online, Mail on Sunday and Mail.com are owned by the newspaper publisher Associated Newspapers Ltd.’s (ANL), which is accused of using illegal information-gathering techniques by the Duke of Sussex and a half-dozen other prominent people.

Actresses Sadie Frost and Elizabeth Hurley are other plaintiffs in the action, along with singer Elton John and his boyfriend, director David Furnish. Doreen Lawrence, a member of parliament whose son was slain in a racial attack, is the sixth plaintiff.

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As a result of “everyone becoming a suspect,” the court heard on Monday, Prince Harry lost or “cut off” friends because he “was misled by the way the pieces were written into believing that those close to him were the source” of publications about him.

Legal arguments will be considered during a four-day preliminary High Court hearing in London that began on Monday. A judge will then decide whether the lawsuit will proceed. Associated Newspapers (ANL) is attempting to resolve the disputes amicably. The charges were “unsubstantiated and highly defamatory claims, based on no reliable evidence,” an ANL representative claimed at the time.

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Queen Elizabeth II, 96, an epitome of elegance, and a sense of humour, dies at Balmoral Castle, Scotland

SMART Global Holdings’ Upcoming Q2 Earnings Preview

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Deutsche Bank analysts shared their views on SMART Global Holdings, Inc. (NASDAQ:SGH) ahead of the upcoming Q2/23 earnings announcement on April 4, highlighting near-term risks.
The analysts expect the company to report in line quarterly results, with strength in Intelligent Platform Solutions (IPS) offsetting weakness in Memory and LED. That said, Q3 guidance could come in below the Street estimates, with risks to all three businesses.
The analysts noted that IT hardware peers have guided conservatively for Q2 citing more cautious budgets and lengthening sales cycles, although AI/HPC is a bright spot which is the company’s focus. In addition, memory pricing remains challenging, while slow economic growth could delay inventory depletion in the LED market.
Despite increasing macro headwinds in the near term, analysts expect the company to focus on things it can control, by improving gross margin and increasing the mix of recurring service revenues, especially in the IPS business, and hence its EPS should be more resilient than in past cycles.

Accenture Shares Gains 8 percent Since Q2 Beat

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Accenture (NYSE:ACN) shares rose nearly 8% since the company’s reported Q2 earnings results last week, with EPS of $2.69 coming in better than the Street estimate of $2.49. Revenue was $15.8 billion, beating the Street estimate of $15.61 billion.
Reflecting lower anticipated FX headwinds, but a tightening of local-currency revenue growth towards the lower end of the prior range, management maintained the midpoint of its 2023 reported revenue guidance and adjusted operating margin targets, while increasing its EPS guidance.
The company expects 2023 EPS in the range of $11.41-$11.63, compared to the Street estimate of $11.45. Full-year revenue growth is expected in the range of 8% to 10% in local currency and a foreign-exchange impact of negative 4.5%.
Furthermore, the company announced its plans to lay off about 19,000 people, or approximately 2.5% of its total global workforce.

Darden Restaurants Report Q3 Beat & Strong Guidance

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Darden Restaurants (NYSE:DRI) reported its Q3 results on Thursday, with EPS coming in at $2.34, above the Street estimate of $2.23. Revenue was $2.8 billion, beating the Street estimate of $2.73 billion.
And while commodity inflation remains stubbornly elevated, the trend remains encouraging, with the company pointing to its food basket moderating to low-single-digit inflation in 2024.


The company provided its outlook for the full 2023 year, expecting EPS in the range of $7.85-$8.00, compared to the Street estimate of $7.85 Revenue is seen at $10.45-10.5 billion, compared to the Street estimate of $10.42 billion.

Groupon Shares Attractive After 15 percent Drop Post Q4

Key Takeaways From Salesforce’s Investor Meeting

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RBC Capital analysts provided their key takeaways from Salesforce, Inc. (NYSE:CRM) investor meeting, noting they came away more positive on the company, as it is working on truly transforming the business and emphasizing profitability.
Salesforce noted “phase one” of the profitability journey is the 30% operating margin target (Q1/25) driven by the RIF and ongoing cost-cutting initiatives. Management also outlined an aspirational “phase two” path to potentially unlocking margins in-line with large-cap software peers, driven by more surgical go-to-market changes, deeper product integration, and more hiring in lower-cost areas (e.g. Hyderabad).
Management acknowledges ongoing changes could lead to some disruption and lower morale, which coupled with macro, are growth headwinds. However, beyond the near-term, the growth drivers are mostly unchanged, including (1) International, where Salesforce is much less penetrated and can improve the GTM by putting more investment into the indirect/reseller channels, (2) Industry Cloud, with now 12 out-of-the-box solutions for specific verticals, which have seen strong performance recently (Industry Cloud has better margins and gross retention).

WTA News: Jessica Pegula sails into Miami Open quarterfinals

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Third-seeded Jessica Pegula converted seven of 10 break points while notching a 6-1, 7-5 victory over Magda Linette on Monday to reach the quarterfinals of the Miami Open.

Pegula won 72 percent of her first-serve points compared to 54.5 percent for Linette to advance to play Russian Anastasia Potopova in the quarters.

“Everything was working, and then in the second set things got tough,” Pegula told the Tennis Channel. “I felt like I was going for too much at times. But I’m glad I was able to get some energy there and finish in two.”

Linette, from Poland, is a close friend of Pegula and the two often train together in nearby Boca Raton. Both players had four aces.

Pegula and the 27th-seeded Potapova played earlier this month at Indian Wells when Pegula rallied from a set down to post a three-set victory. Potapova is looking forward to another opportunity.

“I was pretty close to getting this win, but she was better that day,” Potapova said of the recent matchup. “I worked on some things since then, and I really hope it’s going to work.”

Potapova earned another chance with her 6-4, 7-6 (4) win over China’s Qinwen Zheng on Monday. Zheng, the 23rd seed, had nine aces to Potapova’s one.

Also moving on was Indian Wells champ Elena Rybakina, the No. 10 seed from Kazakhstan. Rybakina drilled 10 aces during a 6-4, 6-3 victory over Elise Mertens of Belgium to run her winning streak to 11 consecutive matches.

“I’m happy the day was two sets but it was a really tough one,” Rybakina told the Tennis Channel. “Elise played really well. It was not easy. I had so many chances.”

Rybakina next plays 25th-seeded Martina Trevisan after the Italian recorded a 6-3, 6-3 win over 24th-seeded Jelena Ostapenko of Latvia.

No. 15 seed Petra Kvitova of the Czech Republic engineered a strong second-set rally to post a 7-5, 7-6 (5) victory over Varvara Gracheva of Russia. Gracheva held a 5-2 lead in the second set before Kvitova won four of the next five games to force a tiebreak and then Kvitova jumped out to a 5-1 lead in the breaker before sealing the win.

Also, Romania’s Sorana Cirstea moved on with a 7-6 (3), 6-4 victory over Czech Marketa Vondrousova.

In evening action, Canada’s Bianca Andreescu was helped from the court in a wheelchair after being forced to retire from her match because of a left ankle injury. Russia’s Ekaterina Alexandrova, the 18th seed, won the first set 7-6 (0) before Andreescu jumped in front 2-0 in the second set.

After getting hurt on a fall, a crying Andreescu could be heard telling the training staff, “I’ve never felt this kind of pain before.”

The last match of the night saw second-seeded Aryna Sabalenka of Belarus rout 16th-seeded Barbora Krejcikova of the Czech Republic 6-3, 6-2.

–Field Level Media

FactSet Shares Drop 4 percent Since Q2 Report

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FactSet (NYSE:FDS) shares fell more than 4% since the company’s reported Q2 results, with EPS of $3.80 beating the Street estimate of $3.69. Revenue was $515.1 million, roughly in line with the Street estimate of $515.48 million.
Despite the beat, the company slightly lowered its full-year 2023 Annual Subscription Value (ASV) and revenue guidance, reflecting a potential slowdown in the banking sector (2/3 of ASV) and lengthening the sales cycle and constrained budget (1/3 of ASV).
The company expects 2023 EPS in the range of $14.50-$14.90, compared to the Street estimate of $14.89. Full-year revenue is expected in the range of $2.08-2.1 billion, compared to the Street estimate of $2.09 billion.

ATP News: Francisco Cerundolo upsets Felix Auger-Aliassime in Miami

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Francisco Cerundolo is making himself at home again at the Miami Open.

The 25th-seeded Argentine, who reached the Miami semifinals last year, advanced to the fourth round with a 6-2, 7-5 upset of fifth-seeded Canadian Felix Auger-Aliassime on Monday.

Cerundolo, 24, has never been past the first round in a Grand Slam event, and he has never been past the first round of an ATP Masters 1000 tournament aside from the 2022 Miami Open.

“I’m very happy to be back again in the round of 16 here, in a Masters 1000, here in Miami,” Cerundolo said. “I’m super happy that I’m playing as well as last year, super happy with my level, and (hope) to keep going.”

Cerundolo logged more winners (12-7) and fewer unforced errors (19-16) than Auger-Aliassime, who reached the 2021 U.S. Open semifinals and was a Miami Open semifinalist in 2019.

Cerundolo also had a big edge in terms of second-serve success, winning 57 percent to Auger-Aliassime’s 29 percent.

“I served well, only one game that I made two double-faults, and I only faced (two) break points, so I’m super happy.”

Next up for Cerundolo is a fourth-round match against Italy’s Lorenzo Sonego, who knocked out 12th-seeded Frances Tiafoe of the United States 6-3, 6-4.

Second-seeded Stefanos Tsitsipas of Greece showed no rust in a 6-3, 4-6, 6-4 win over Chilean qualifier Cristian Garin.

It was Tsistipas’ first match of the tournament after a bye and a walkover, and it was just his second match in March following a defeat the only time he stepped on the court in Indian Wells, Calif.

“I was waiting for a very long time to get out and play,” Tsitsipas said. “It has almost felt like a vacation this past week, staying in Miami. I glad I got started. It was a difficult match against an opponent who has played good tennis against good opponents in the past.”

France’s Adrian Mannarino came through in a pair of tiebreakers, downing eighth-seeded Hubert Hurkacz of Poland 7-6 (5), 7-6 (0). Russia’s Karen Khachanov, the 14th seed, cruised past the Czech Republic’s Jiri Lehecka 6-2, 6-4, and France’s Quentin Halys ousted the United States’ Mackenzie McDonald 7-6 (2), 6-3.

U.S. qualifier Christopher Eubanks kept his run going, beating France’s Gregoire Barrere 6-3, 7-6 (7).

–Field Level Media

What to Expect From Lululemon Athletica’s Q4 Results Tomorrow?

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Deutsche Bank provided its outlook on Lululemon Athletica Inc. (NASDAQ:LULU) ahead of the upcoming Q4/23 earnings report tomorrow.
The analysts expect the company to beat Q4 (modeling $4.28 EPS vs. the Street estimate of $4.25), particularly on the top-line as they anticipate gross profit margin to come in at the low end of the range provided at ICR given higher than usual levels of markdowns in stores and online throughout January.
The analysts highlighted that investor sentiment generally leans positive into the print, with the expectation that the company will guide 2023 to approximately $11.50 (vs. Street’s $11.27) and in line with its long-term algorithm.
The analysts are of the view that a better than anticipated top-line will likely be somewhat offset by softer gross margin guidance, particularly in the first half of the year.