Performance Food Group Q2 Revenue Rises 6.4% but Misses Estimates

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Performance Food Group reported second-quarter revenues of $18.03 billion, up 6.4% year on year but falling 0.5% short of analysts' expectations, with full-year revenue guidance meeting estimates and EPS in line. The stock is down 20.1% since reporting and trades at $91.06. Among the 137 consumer discretionary stocks tracked, group revenues beat consensus by 2.7% while next-quarter revenue guidance came in line, and share prices are down 8.1% on average since the latest results. Smith & Wesson posted the sector's best quarter with revenues of $112.6 million, up 32.3% year on year and 14.1% above expectations, while Matthews was the weakest, with revenues of $246 million, down 29.6% and 7% below estimates. Latham reported revenues of $197.5 million, up 14.4% and 4.8% above expectations, and H&R Block reported revenues of $1.14 billion, up 3% and 2.5% above expectations.

Impact on stocks 5

Consumer Discretionary · 2 stocks
H&R Block Inc
HRB
▲ PositiveCapitalrelevance

H&R Block reported revenues of $1.14 billion, up 3% and 2.5% above expectations.

Smith & Wesson Brands Inc
SWBI
▲ PositiveCapitalrelevance

Smith & Wesson posted the sector's best quarter with revenues up 32.3% year on year and 14.1% above expectations.

Consumer Staples · 1 stocks
Performance Food Group Co
PFGC
▼ NegativeCapitalrelevance

Performance Food Group's Q2 revenue rose 6.4% but missed estimates, and the stock is down 20.1% since reporting.

Aging Population · 1 stocks
Industrials · 1 stocks
Latham Group Inc
SWIM
▲ PositiveCapitalrelevance

Latham reported revenues of $197.5 million, up 14.4% and 4.8% above expectations.