10 Stocks Crushing With Whopping Double-Digit Gains

7. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

CH Robinson snapped two straight days of losses on Thursday, jumping 18.1 percent to close at $115.32 apiece as investors cheered a strong earnings performance in the second quarter of the year.

In its earnings statement, C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) said net income increased by 20.8 percent to $152 million from $126 million in the same period last year, despite total revenues declining by 7.7 percent to $4.1 billion from $4.5 billion year-on-year due to the divestment of its Europe surface transportation business and lower pricing in ocean services and fuel surcharges in truckload services.

The first half also saw the company booking a 31.3-percent jump in net income at $288 million from $219 million, despite revenues dropping by 8 percent to $8.18 billion from $8.9 billion.

“When the current transformation of C.H. Robinson began in early 2024 with the implementation of a new Lean operating model, we recognized that some people had doubts and didn’t understand how this would enable the company to change its trajectory. Now, with six consecutive quarters of consistent outperformance through the disciplined execution … there is no doubt in our minds that we are on the right path to deliver sustainable outperformance in all market cycles,” C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) President and CEO Dave Bozeman said.