Market Overview

Earnings Recap For March 1: Dollar Tree, Ross Stores And Medtronic Lead Pack

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Dollar Tree, Inc. (NASDAQ: DLTR) reported earnings of $1.01 per share, missing the Street’s consensus by $0.04. Revenue of $5.365 billion also came in below estimates of $5.418 billion.

AutoZone, Inc. (NYSE: AZO) posted earnings of $7.43 per share, beating the Street’s consensus of $7.27 per share. Revenue of $2.257 billion was pretty much in line with expectations.

Ross Stores, Inc. (NASDAQ: ROST) delivered earnings of $0.66 per share, $0.02 above the Street’s consensus. Sales of $3.251 billion came in slightly above estimates of $3.211 billion.

Medtronic PLC (NYSE: MDT) retrieved earnings of $1.06 per share, in line with the Street’s consensus. Revenue of $6.934 billion, however, missed estimates of $7.054 billion.

Ascena Retail Group Inc (NASDAQ: ASNA) reported earnings of $0.01 per share, came in $0.01 above the Street’s consensus. Revenue of $1.843 billion, nonetheless, missed estimates of $1.883 billion by a small margin.

Kate Spade & Co (NYSE: KATE) missed earnings estimates of $0.33 per share by $0.01. Revenue of $428.96 million also came in below estimates of $443.91 million.

Veeva Systems Inc (NYSE: VEEV) delivered earnings of $0.15 per share, above the Street’s consensus of $0.11 per share. Revenue of $114.27 million also beat estimates of $110.37 million.

JD.Com Inc(ADR) (NASDAQ: JD) retrieved a net loss of $(0.07) per share, worse than the Street’s consensus of $(0.02) per share. Revenue of $8.43 billion, however, came in ahead of estimates of $8.15 billion.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: Earnings News After-Hours Center

 

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