Dollar Tree IncDollar Tree had the weakest full-year guidance update among tracked stocks, despite beating Q1 estimates.
The non-discretionary retail segment posted a satisfactory first quarter, with revenues beating analysts' consensus estimates by 1.5% while next quarter's revenue guidance was in line. Dollar Tree reported revenues of $4.98 billion, up 7.2% year on year, and delivered EPS guidance for next quarter exceeding expectations, though it had the weakest full-year guidance update among the nine tracked stocks. Target was the best performer, with revenues of $25.44 billion beating estimates by 3.4%, while Walmart was the weakest, missing full-year EPS guidance and seeing its stock fall 10.5%. Costco achieved the fastest revenue growth at 11.6% to $70.53 billion, and Sprouts Farmers Market met expectations with $2.33 billion in revenue.
Dollar Tree IncDollar Tree had the weakest full-year guidance update among tracked stocks, despite beating Q1 estimates.
Walmart Inc.Walmart missed full-year EPS guidance and its stock fell 10.5%.
Target CorporationTarget was the best performer, with revenues of $25.44 billion beating estimates by 3.4%.
Costco Wholesale CorpCostco achieved the fastest revenue growth at 11.6% to $70.53 billion, indicating strong demand.
Sprouts Farmers Market LLCSprouts Farmers Market met expectations with $2.33 billion in revenue, no clear positive or negative.