Month: May 2018

Check out the companies making headlines before the bell: Foot Locker – The athletic apparel and footwear retailer reported adjusted quarterly profit of $1.45 per share, 20 cents a share above estimates. Revenue also beat forecasts, but comparable-store sales fell by 2.8 percent — that was smaller than the Thomson Reuters consensus estimate of a
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Check out the companies making headlines after the bell: Gap shares plunged about 8 percent in extended trading. The clothing retailer, which owns brands like Banana Republic, Old Navy and Athleta, reported mixed first quarter earnings and revenue. Gap missed analyst expectations for earnings by 4 cents, reporting EPS of 42 cents on $3.78 billion
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Check out the companies making headlines before the bell: Best Buy – The electronics retailer earned an adjusted 82 cents per share for the first quarter, 8 cents a share above estimates, with revenue also exceeding forecasts. Best Buy reported a comparable store sales increase of 7.1 percent, well above the consensus Thomson Reuters forecast
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Check out the companies making headlines after the bell: Shares of Williams-Sonoma soared nearly 15 percent in after hours trading. The home and kitchen retailer reported first quarter earnings and revenue that blasted past analyst expectations and prompted the company to strengthen outlook for fiscal 2018 revenue and earnings. Williams-Sonoma reported EPS of 67 cents
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Check out the companies making headlines before the bell: Lowe’s – The home improvement retailer missed estimates by 3 cents a share, with quarterly earnings of $1.19 per share. Revenue missed forecasts, as well, and same-store sales were up 0.6 percent compared to the consensus Thomson Reuters estimate of a 3.1 percent increase. Lowe’s said
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Check out the companies making headlines after the bell: Red Robin Gourmet Burgers stock plunged more than 16 percent after the bell, after the burger chain missed on top and bottom lines in the first quarter. Red Robin reported EPS of 69 cents on $422 million in revenue versus the 76 cents on $427 million
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Check out the companies making headlines before the bell: Kohl’s – The retailer beat Street forecasts by 14 cents a share, with adjusted quarterly profit of 64 cents per share. Revenue beat estimates, as well. Comparable-store sales were up 3.6 percent, better than the Thomson Reuters consensus estimate of a 2.7 percent gain. Kohl’s also
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Check out the companies making headlines after the bell on Monday: Shares of Adobe jumped close to 2.5 percent after the bell, before paring gains slightly and settling up nearly 1 percent. The software company on Monday announced an $8 billion stock repurchase program, which extends a previous $2.5 billion program through 2021. Adobe CFO
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Check out the companies making headlines before the bell: Alphabet – Alphabet’s Google operation was the subject of a piece in last night’s episode of “60 Minutes,” highlighting the company’s power and airing comments from critics who say Google is stifling competition. General Electric – GE will merge its transportation business with rail industry equipment
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