It was a big week for investors in retail stocks with some of the sector's biggest names reporting. But with the week in the rearview mirror, investors are now evaluating crosscurrents. Walmart posted an earnings beat and strong guidance, while Foot Locker noticeably missed Wall Street's expectations for the quarter and gave uninspiring guidance for future performance.
The company beat Wall Street's expectations on top and bottom lines in its fiscal first quarter when it reported Thursday, noting that grocery and online sales helped offset softness in clothing and electronics. Walmart also raised its full-year earnings guidance following the strong quarterly report. TJX was another reporting company that made the list. The T.J.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше: