Morning Movers Gapping up $Dollar General (DG.US)$stock rose 1.9% after the discount chain operator reported third-quarter revenue that surpassed expectations, while also trimming the upper end of its annual profit forecast on hurricane-related expenses. $Southwest Airlines (LUV.US)$stock rose 2.2% after the carrier revised its fourth-quarter revenue per available seat mile forecast upward, citing ...
$Five Below (FIVE.US)$rose more than 8% after hours Wednesday after the struggling retailer named a new CEO, beat analyst forecasts for its fiscal Q3 earnings and revenues and issued well-received forward guidance. FIVE gained 12.4% to $117.81 shortly before 4:30 p.m. ET after the company reported $0.42 per share on a non-GAAP basis in the three months ended Nov. 2, beating the $0.17 that analysts reportedly expect...
Consumer spending at hardline and broadline retailers likely improved in the third quarter on a sequential basis while Home Depot$Home Depot (HD.US)$, Lowe's$Lowe's Companies (LOW.US)$, Five Below$Five Below (FIVE.US)$and Walmart$Walmart (WMT.US)$all seem set to beat comparable sales forecasts for the period, Truist Securities said Monday. The firm raised price targets for several stocks in its retail coverage unive...
Walmart$Walmart (WMT.US)$: +48% Dollar General$Dollar General (DG.US)$: -40% Dollar Tree$Dollar Tree (DLTR.US)$: -55% Five Below$Five Below (FIVE.US)$: -65% Big Lots$Big Lots (BIG.US)$: -93% There could be several reasons for this divergence: Walmart’s Strong Market Position: Walmart likely benefited from its broad customer base, robust supply chain, and ability to adapt to consumer needs in uncertain economic times. It also offers a variety of product ranges, attractin...
The market fell Wednesday ahead of Nvidia earnings, and Nvidia fell after hours despite beating estimates: The firm's forward projections were below the highest of estimates. Traders are waking up to a more complicated market on Thursday. Index prices reflected traders holding their breath. Just before 4 pm ET, the$S&P 500 Index (.SPX.US)$traded -0.60%, the$Dow Jones Industrial Average (.DJI.US)$fell ...
The Dow Jones Industrial Average added more than 500 points Thursday and the Nasdaq Composite gained 2%+ as a series of “Goldilocks” economic reports seemingly eased Wall Street’s fears of either a U.S. recession or continued high inflation. The$Dow Jones Industrial Average (.DJI.US)$gained 554.67 points (1.4%) to close at 40,563.06, while the$Nasdaq Composite Index (.IXIC.US)$gained 401.89 ticks (2.3%) to 17,594.5....
The Dow Jones Industrial Average added more than 500 points Thursday and the Nasdaq Composite gained 2%+ as a series of "Goldilocks" economic reports seemingly eased Wall Street's fears of either a U.S. recession or continued high inflation. The$Dow Jones Industrial Average (.DJI.US)$gained 554.67 points (1.4%) to close at 40,563.06, while the$Nasdaq Composite Index (.IXIC.US)$rose 401.89 ticks (2.3%) t...
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