Leggett & Platt IncorporatedLeggett & Platt revenues fell 10.2% and missed estimates, indicating weak end-customer demand.
The consumer discretionary sector saw mixed Q1 results, with revenues beating analyst estimates by 2% on average but next-quarter guidance coming in 4.1% below expectations. Sysco reported revenues of $20.52 billion, up 4.7% year-on-year and in line with estimates, while Smith & Wesson posted the best performance with revenues of $178.4 million, a 26.7% increase that beat expectations by 14.9%. Leggett & Platt was the weakest, with revenues of $918.2 million, down 10.2% and missing estimates by 3.3%. Wyndham and Figs also reported, with Figs seeing a 28% revenue jump to $159.9 million but its stock falling 26.5% since the release.
Leggett & Platt IncorporatedLeggett & Platt revenues fell 10.2% and missed estimates, indicating weak end-customer demand.
Smith & Wesson Brands IncSmith & Wesson revenues beat expectations by 14.9%, indicating strong demand.
Wyndham Hotels & Resorts IncWyndham reported but no specific revenue figure or comparison given, making impact unclear.
Figs IncFigs reported strong revenue growth but its stock fell 26.5% since earnings, indicating negative market reaction.
Sysco CorporationSysco revenues were in line with estimates, showing no clear positive or negative surprise.