Apple reported first-quarter revenue of $111.2 billion, up 16.6% year on year and exceeding analyst expectations by 1.7%. The company also delivered a strong beat on earnings per share. Among the 141 consumer discretionary stocks tracked, overall revenues beat consensus estimates by 2%, though next-quarter guidance came in 4.1% below. The best performer was Howard Hughes Holdings, which posted revenue of $235.9 million, beating estimates by 20.4%, while Leggett & Platt was the weakest, with revenue down 10.2% to $918.2 million and missing expectations. Nike reported revenue of $10.97 billion, down 1.1% but still ahead of estimates, and DraftKings posted revenue of $1.65 billion, up 16.8% and in line with expectations.
Leggett & Platt IncorporatedRevenue down 10.2% and missed expectations, weakest performer
DraftKings Inc
Nike Inc
Apple Inc.Revenue and EPS beat estimates
Howard Hughes Holdings Inc.Revenue beat estimates by 20.4%, best performer