Morning Brief co-hosts Brad Smith and Alexandra Canal break down three top trending tickers on the Yahoo Finance platform: Birkenstock (BIRK) shares are...
) shares are declining after the footwear brand reported fiscal third quarter earnings that missed revenue and profit estimates. Despite the disappointing results, the company maintained its full-year guidance.) topped second-quarter expectations, surpassing sales estimates for the quarter. Five Below's revenue also beat projections, while adjusted earnings per share came in line with expectations.) is considering filing for bankruptcy.
But for as you said, is maintained, moving on to another 15 below shares there in the Green today, the discount retailer second quarter sales beating the streets expectations.So booking the trend of what we see for the other discount retailers like dollar general today, earnings coming in line consensus estimates of the on revenue comparable seems to sale that the key metric for many of these retailers down five 0.7% in the quarter.So again, feeding into that better than fear narrative there.
However, it's interesting, the space that five below plays in where we were talking about Dollar General and some of the headwinds that they're gonna be tracking in the near term on the low end consumer cohort and the challenges and the pressures that they're seeing five below has a lot of, a lot of overlap in that Venn diagram with a dollar general here.
You typically see that taking place when a company is trying to retain some of those executives to navigate through what is a very uncertain period.And I feel like when you have something like a Walmart out there and available to consumers is one stop shop environment.The boy was with his mother and father at the Hecht Museum in Israel when he reached out to touch the 3,500-year-old jar accidentally tipping it over.The Dow Jones, S&P 500 and Nasdaq climbed on the stock market today.
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