Stocks making the biggest moves midday: Costco, Exxon Mobil, Vail Resorts & more

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These are the stocks posting the largest moves midday Friday.

div > div.group > p:first-child"> Big Lots — Shares of Big Lots jumped 15.33 percent after the company reported better-than-expected fourth-quarter earnings. The retailer's earnings came in at $2.68 earnings per share, 38 cents higher than a Refinitiv forecast. The company's same-store sales were up 3.1 percent, nearly triple Refinitiv's estimate of a 1.1 percent increase.

American Outdoor Brands — Shares of American Outdoor tanked nearly 9 percent after the firearms company reported an operating income loss for the fourth quarter. The CEO cited"ongoing weakness in the firearms market" that has been slowing the company growth. American Outdoor also slashed its forecast for the fiscal year of 2020.

El Pollo Loco — The restaurant operator's stock plummeted more than 14 percent after issuing a weaker-than-expected forecast for 2019. El Pollo Loco said it expects earnings per share to range between 70 cents and 75 cents in 2019, below a FactSet estimate of 80 cents. Vail Resorts — The resort operator's stock rose more than 8 percent on the back of strong quarterly results. Vail reported earnings per share of $5.02, topping a Refinitiv estimate by 19 cents. The company's revenue also beat expectations. Vail raised its quarterly dividend as well.

 

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Costco Raises Minimum Wage to $15 an HourCostco Wholesale said it has raised starting wages for store workers to $15 an hour, as a tight U.S. labor market continues to drive fierce competition for hourly staffers. I will continue to proudly shop at Costco. Their choice. More power to them. Well see exactly what happens to every other company here in Seattle that has done the same thing: increase pay, decrease hours! Win, win for all😜
Source: WSJ - 🏆 98. / 63 Read more »