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Earnings

PFGC

Performance Food Group Company (PFGC) reported a 2% increase in total case volume for Q4.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 11:04 am

EAT

Brinker International has provided its fiscal 2024 guidance, projecting total revenues between $4.27 billion and $4.35 billion, and adjusted EPS between $3.15 and $3.55. The company also expects weighted average shares to be in the range of 45 million to 46 million, and capital expenditures between $175 million and $195 million. The company notes that uncertainties due to current macroeconomic conditions could cause actual results to differ materially from projections.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:48 am

EAT

Brinker International (NYSE:EAT) reported Q4 earnings of $1.39 per share, beating the analyst consensus estimate of $1.32 by 5.3%. This is a 20.87% increase from the same period last year. However, the company's quarterly sales of $1.08 billion missed the analyst consensus estimate by 0.37%, though it's a 5.28% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:46 am

TGT

Target Corporation's shares are trading higher following the release of its Q2 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:44 am

TGT

Target Corporation reported better-than-expected profitability for the second quarter despite softer-than-expected sales.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:35 am

TGT

Target has revised its Q3 and full-year guidance downwards. The company now expects Q3 GAAP and Adjusted EPS of $1.20 to $1.60, compared to the previous estimate of $1.84. Full-year GAAP and Adjusted EPS are now expected to be between $7.00 and $8.00, down from the prior range of $7.75 to $8.75. Target also expects a mid-single digit decline in comparable sales for the remainder of the year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:34 am

TGT

Target has lowered its FY2023 adjusted EPS guidance from $7.75-$8.75 to $7.00-$8.00, below the $7.79 estimate. The company expects comparable sales to decline in mid-single digits for the rest of the year due to recent sales trends.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:33 am

TGT

Target Corporation's Q2 report shows a decrease in traffic by 4.8%, comparable store sales by 4.3%, and comparable digital sales by 10.5%.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:32 am

TGT

Target Corporation (NYSE:TGT) reported Q2 earnings of $1.80 per share, beating the analyst consensus estimate of $1.39 by 29.5%. This is a 361.54% increase from the same period last year. However, the company's quarterly sales of $24.77 billion missed the analyst consensus estimate of $25.18 billion by 1.62%, marking a 4.85% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:30 am

JD

JD.com reported Q2 earnings of $0.74 per share, beating the analyst consensus estimate of $0.66 by 12.12%. This is a 21.31% increase from the same period last year. The company also reported quarterly sales of $39.71 billion, beating the estimate of $38.71 billion by 2.58%, but a 0.61% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:12 am