— Shares of the pet retailer took a 10% hit after it reported quarterly results. Chewy recorded a loss of 4 cents per share, which was greater than the 2 cents estimated by analysts. It also missed revenue expectations, reporting $2.16 billion for the quarter compared to estimates of $2.20 billion.— The pre-teen-focused retailer's shares plummeted about 9% after reporting quarterly results late Wednesday. Its second-quarter earnings came in at $1.
15 per share beating analysts' estimates, however, it missed on revenue, reporting $646.6 million compared to forecasts of $648.3 million. Five Below also gave third-quarter revenue guidance of $550 million to $565 million.— Okta shares slipped 3.5% despite reporting strong quarterly results. The identity company recorded a loss of 11 cents per share, though that was smaller than than the loss expected by analysts by 24 cents. It also beat on revenue, reporting $315.
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:
Damn you Chewy, we all know you ain't shit compared to $WOOF
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tech stocks power Nasdaq to record highThe Nasdaq Composite hit a record high on Wednesday, with high-growth technology stocks in the lead after weaker-than-expected private payrolls data raised hopes for an extended support from the U.S. central bank. Strong buy novavax NVAX Cristiano BarackObama Reddit wallstreetbets wsbmod RobinhoodApp JoeBiden BarackObama business POTUS 💉💉💉💉💉💉💉
Source: Reuters - 🏆 2. / 97 Read more »
30 stocks that shined in the pandemic are still poised for huge growth through 2024Zoom, Plug Power, Roku and other companies that were pandemic winners are expected by analysts to report 20%-plus sales growth for at least three years. IpekOzkardeskay Of interest? thanks thanks
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks on track for seventh month of gains; Arkema, Prosus rise after dealsEuropean stocks advanced on Tuesday, as they look to record a seventh straight month of gains. good
Source: MarketWatch - 🏆 3. / 97 Read more »
Hotel Stocks Are Improving, but Risks PersistShare prices of hotel REITs remain cheap relative to other property sectors even as business turns up from early in the pandemic.
Source: WSJ - 🏆 98. / 63 Read more »
European stocks on course for seventh straight month of gainsEuropean stocks edged higher on Tuesday, on track for their seventh straight month of gains, as hopes for more policy support overshadowed economic risks from the Delta variant of the coronavirus.
Source: Reuters - 🏆 2. / 97 Read more »