|
|
|
|
|
|
|
|
|
04.08.26 - 16:54
|
Wayfair Rises, Caterpillar Surges on Earnings | Stock Movers (Bloomberg)
|
|
|
On this episode of Stock Movers:
- Wayfair (W) shares jumped after the furniture retailer gave third-quarter guidance during its earnings call. The company said it expects high single-digit revenue growth in the current quarter.
- McDonald's (MCD) is rising after the fast-food chain reported comparable sales for the second quarter that are slightly below the sell-side consensus estimate, while adjusted EPS was ahead.
- Caterpillar (CAT) shares are surging after the company's second-quarter earnings blew past Wall Street's second-quarter expectations, easing concerns over the growth of power-generation equipment sales to data centers.
- Palantir (PLTR) shares jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as “otherworldly.” Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations this year. (Source: Bloomberg)...
|
|
|
|
|
|
|
19.05.26 - 03:27
|
Wayfair CFO′s Muted Home-Goods Demand Outlook Offers More Bad News For Realtors (ZeroHedge)
|
|
|
Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors
Wayfair CFO Kate Gulliver appeared at JPMorgan's conference Monday morning in a discussion with the bank's retail analyst, Christopher Horvers.
What caught our attention in the 35-minute conversation, which ranged from the online home-goods retailer's financial position to broader consumer trends, was Gulliver's outlook on home goods and housing markets.
A more active housing market typically drives demand for big-ticket home purchases such as sofas, tables, and other furnishings sold on Wayfair's online platform.
However, her forecast for the remainder of the year was decidedly muted, a gloomy outlook that may leave realtors and mortgage brokers uneasy.
Horvers asked Gulliver about the home goods and housing markets, including whether she was worried about soaring energy prices, the post-stimulus era, and how those factors could affect consumer demand for home goods over the rest of the year.
Her outlook fo...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
