May 18, 2022

MediaBizNet

Complete Australian News World

Dollar General, Accenture, Warby Parker, and others

Dollar General, Accenture, Warby Parker, and others

Check out the companies making headlines before the bell:

general dollar (DG) – The general dollar rose 5% in premarket after the discount retailer forecast better-than-expected sales for the full year. Dollar General’s quarterly earnings of $2.57 per share matched expectations, although revenue was slightly below estimates and same-store sales fell more than expected. The company also raised its dividend by 31%.

Accenture (ACN) — Accenture jumped 5.3% in pre-market trading after beating estimates for the fourth and fourth quarters and forecasting current-quarter revenue above current analyst expectations. The consulting firm earned $2.54 per share last quarter, compared to the consensus estimate of $2.37.

ring jewelry (SIG) – Retail jewelry store stocks rose 7.4% in pre-market activity after it reported quarterly results. Signet’s adjusted earnings of $5.01 per share matched analyst expectations, while revenue and same-store sales beat estimates. Signet also raised its quarterly dividend to 20 cents from 18 cents.

Warby Parker (WRBY) — Shares of Warby fell 13.4% in premarket after the eyeglasses retailer predicted revenue for 2022 did not meet the consensus. In the fourth quarter, Warby Parker reported an adjusted loss of 8 cents per share, 1 percent less than expected, with revenue matching analyst expectations.

linar (LEN) — The homebuilder reported quarterly earnings of $1.69 per share for its fiscal first quarter, topping the consensus estimate of $2.60. Revenue beat analysts’ expectations of strong demand and higher prices, but the bottom line was impacted by higher material and labor costs. Lennar added 1% in pre-market trading.

READ  Consumer prices rise in China as Covid spurs food stockpiling

Williams Sonoma (WSM) — Williams-Sonoma Inc. posted adjusted earnings of $5.42 per share for the fourth quarter, topping the $4.82 Wall Street analysts had expected, even as homeware stores revenue fell below estimates. The company said it was able to meet supply chain challenges and shortages of materials and labor. Williams-Sonoma stock rose 7.6% in the primary market.

Bigradio (PD) — PagerDuty lost 4 cents a share last quarter, 2 cents less than analysts had expected, with the digital operations platform provider’s revenue also beating Street expectations. PagerDuty also released a positive revenue outlook, and its stock is up 13.6% in pre-market trading.

Occidental Petroleum (OXY) – Berkshire Hathaway (BRK.B) has bought another 18.1 million Occidental shares, according to a Securities and Exchange Commission filing. This brings Berkshire’s holdings in the energy product to 136.4 million shares, or about 14.6% of the stock. Occidental shares rose 3.6 percent in pre-market trading.

guess (GES) — Guess Inc. reported adjusted quarterly earnings of $1.14 per share, less than expectations by a cent, while the apparel maker’s revenue was also below Street’s expectations. However, profit margins were better than expected, and the stock jumped 4.9% in the primary market.