. The company earned 96 cents per share on revenue of $916 million, exceeding the earnings of 93 cents per share and revenue of $900 million analysts expected, according to Refinitiv.
Same-store sales growth and gross margins also topped expectations, at 17% and 55.1%, respectively. Wall Street had expected same-store sales to increase by 14.4% and gross margins to increase by 54.6%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: AutoZone, HD Supply, Stitch Fix, Chewy & moreThese are the stocks posting the largest moves before the bell, including AutoZone, HD Supply, Stitch Fix, Chewy, and more. 5025 4526
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: AutoZone, Stitch Fix, PG&E & moreCheck out the companies making headlines midday Tuesday. You would think people would be happy about 401K &IRa's moving up, I sure am.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: GameStop, Dropbox, Ollie's Bargain Outlet and moreStocks making the biggest moves after hours: GameStop, Dropbox, Ollie's Bargain Outlet & more
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: GameStop, Dropbox, Home Depot and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
The Reasons Low-Volatility Stocks Have Fallen Out of Favor (But Maybe Shouldn’t Have)Low-volatility strategies faltered in September and October, but performance over such a short period is little more than statistical noise
Source: WSJ - 🏆 98. / 63 Read more »
Stocks open mixed as Wall Street awaits key Fed policy updateU.S. stocks are little changed to slightly higher Wednesday as investors turn their attention to a Federal Reserve policy update later in the session while... Lower interest rates people have more money to invest. Common sense.
Source: MarketWatch - 🏆 3. / 97 Read more »