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MARKETS LIVE BLOG:

STOCKS EXTEND GAINS AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Company News for May 26, 2023

Zacks Equity Research
·1 min read

  • Best Buy Co. Inc.’s (BBY) shares surged 3.1% after the company reported first quarter fiscal 2024 adjusted earnings er share of $1.15, beating the Zacks Consensus Estimate of $1.12.

  • Dollar Tree Inc.’s (DLTR) shares plunged 12% after the company posted third quarter fiscal 2023 adjusted earnings per share of $1.47, missing the Zacks Consensus Estimate of $1.51.

  • Shares of Burlington Stores Inc. (BURL) dropped 3.8% after reporting first quarter fiscal 2023 adjusted earnings per share of $0.84, lagging the Zacks Consensus Estimate of $0.93.

  • Shares of Ralph Lauren Corp. (RL) climbed 5.3% after posting fourth quarter fiscal 2023 adjusted earnings per share of $0.90, surpassing the Zacks Consensus Estimate of $0.65.

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Dollar Tree, Inc. (DLTR) : Free Stock Analysis Report

Best Buy Co., Inc. (BBY) : Free Stock Analysis Report

Ralph Lauren Corporation (RL) : Free Stock Analysis Report

Burlington Stores, Inc. (BURL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research