Take a look at the businesses making headlines earlier than the bell:Best Buy (BBY) – The electronics retailer reported quarterly earnings of $1.13
Take a look at the businesses making headlines earlier than the bell:
Best Buy (BBY) – The electronics retailer reported quarterly earnings of $1.13 per share, 10 cents a share above estimates. Income additionally got here in above forecasts. Identical-store gross sales rose 1.7%, beating the consensus estimate of 1.3%, and the corporate raised its full-year earnings forecast.
Abercrombie & Fitch (ANF) – The attire retailer fell a penny a share shy of estimates, with quarterly earnings of 23 cents per share. Income and flat comparable gross sales additionally got here in under forecasts.
Dick’s Sporting Goods (DKS) – Dick’s earned an adjusted 52 cents per share for the third quarter, 14 cents a share above estimates. Income for the sporting items retailer was additionally above forecasts, and its same-store gross sales improve of 6% was greater than double consensus estimates. Dick’s additionally raised full-year steerage.
Dollar Tree (DLTR) – The low cost retailer beat estimates by 5 cents a share, with quarterly earnings of $1.18 per share. Income additionally got here in barely above forecasts. Comparable gross sales equaled consensus with a 2.5% improve.
Hormel Foods (HRL) – The producer of meals manufacturers like Skippy and Spam beat estimates by a penny a share, with quarterly earnings of 47 cents per share. Income was barely under forecasts. Hormel mentioned it is factoring larger protein costs and world commerce…