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Smith & Wesson Down; Kroger Sales Beat; GMS Jumps

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Manage episode 489896372 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

On this episode of Stock Movers:
- Smith & Wesson Brands (SWBI) sinkafter the firearm company reported adjusted earnings per share for the fourth quarter that missed the average analyst estimate.
- Kroger’s (KR) sales surpassed expectations during the latest quarter, a sign that consumers are still spending on groceries and other essentials even amid economic turbulence. The nation’s largest supermarket operator said its comparable sales, excluding fuel, rose 3.2% — better than what Wall Street analysts were expecting. The company also raised its full-year sales guidance to a range of 2.25% to 3.25%, but reaffirmed the rest of its outlook.
- GMS (GMS) shares rise after the Wall Street Journal reported that Home Depot has made an offer for the building materials firm, potentially setting off a bidding war with QXO which made a $5 billion offer earlier in the week

See omnystudio.com/listener for privacy information.

  continue reading

471 episodes

Artwork
iconShare
 
Manage episode 489896372 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

On this episode of Stock Movers:
- Smith & Wesson Brands (SWBI) sinkafter the firearm company reported adjusted earnings per share for the fourth quarter that missed the average analyst estimate.
- Kroger’s (KR) sales surpassed expectations during the latest quarter, a sign that consumers are still spending on groceries and other essentials even amid economic turbulence. The nation’s largest supermarket operator said its comparable sales, excluding fuel, rose 3.2% — better than what Wall Street analysts were expecting. The company also raised its full-year sales guidance to a range of 2.25% to 3.25%, but reaffirmed the rest of its outlook.
- GMS (GMS) shares rise after the Wall Street Journal reported that Home Depot has made an offer for the building materials firm, potentially setting off a bidding war with QXO which made a $5 billion offer earlier in the week

See omnystudio.com/listener for privacy information.

  continue reading

471 episodes

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