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FL

Foot Locker reported an 8.0% decrease in Q3 comparable-store sales, attributed to ongoing consumer softness, a changing vendor mix, and a 3% negative impact from the repositioning of Champs Sports.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:47 am

FL

Foot Locker reported Q3 adjusted EPS of $0.30, surpassing the $0.25 estimate, and sales of $1.99B, slightly above the $1.97B estimate. However, these figures represent a significant decrease from the same period last year, with earnings down 76.38% and sales down 8.47%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:46 am

NTAP

Barclays analyst Tim Long has maintained an Equal-Weight rating on NetApp (NASDAQ:NTAP) and increased the price target from $69 to $80.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:43 am

MU

Barclays analyst Tom O'Malley has maintained an Overweight rating on Micron Technology (NASDAQ:MU) and increased the price target from $80 to $85, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:41 am

DLTR

Dollar Tree has updated its fiscal year 2023 guidance, lowering its net sales forecast from $30.6B-$30.9B to $30.5B-$30.7B. However, the company has slightly increased its earnings per share (EPS) outlook from $5.78-$6.08 to $5.81-$6.01.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:40 am

BYDDF

BYDDY

BYD Co Ltd., a Chinese electric vehicle manufacturer, paid tribute to the late Charlie Munger, who was instrumental in Berkshire Hathaway's investment in BYD in 2008. Munger, who passed away on November 28, was remembered by BYD as a 'symbol of wisdom and vision.' Berkshire Hathaway's stake in BYD, initially purchased for $230 million, has significantly increased in value as BYD transitioned from an ICE manufacturer to a producer of new-energy vehicles.

Portfolio Pulse from Shanthi Rexaline

November 29, 2023 | 11:39 am

DLTR

Dollar Tree forecasts its Q4 consolidated net sales to be between $8.6 billion and $8.8 billion, with earnings per share (EPS) ranging from $2.58 to $2.78.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:38 am

CRWD

Needham analyst Alex Henderson has reaffirmed a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $245 to $250.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:37 am

AAPL

Apple Inc. (NASDAQ:AAPL) is reportedly developing a more affordable version of its Vision Pro headset, aiming to reduce production costs by about 50%. The company plans to release two out of four second-generation Vision Pro models, with one being a high-end version and the other targeting a broader market with a lower price point. The budget-friendly model is expected to enter sample production in late 2024 and potentially launch in the second half of 2025.

Portfolio Pulse from Sudhanshu Singh

November 29, 2023 | 11:36 am

HRL

Hormel Foods has provided guidance for its FY24 adjusted earnings per share (EPS) to be in the range of $1.51 to $1.65, which is below the estimated $1.68.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:36 am