Coty, Dollar General, Dollar Tree, Smucker and others


Check out the companies making headlines before the bell:

Coty (COTY) – The cosmetics maker’s shares added 2.7% in the premarket after it said it expects a return to annual sales growth this year. Coty’s adjusted loss for its latest quarter was 9 cents per share, 3 cents wider than expected, but sales did come in above Wall Street forecasts.

Dollar General (DG) – The discount retailer beat estimates by 10 cents with adjusted quarterly earnings of $2.69 per share and revenue slightly above forecasts. Comparable store sales fell 4.7%, less than the 5.1% drop expected by analysts surveyed by StreetAccount. However, Dollar General did forecast lower-than-expected earnings for the full year, and its shares fell 2.9% in premarket trading.

Dollar Tree (DLTR) – Dollar Tree shares fell 3.1% in premarket trading after the discount retailer posted a mixed quarter. Revenue fell below Street forecasts, while earnings of $1.23 per share did beat the consensus estimate of $1.00.

J.M. Smucker (SJM) – The food producer earned an adjusted $1.90 per share for its latest quarter, 4 cents above estimates, with revenue slightly above Wall Street projections. However, Smucker cut its full-year forecast, noting higher input costs and supply chain disruption. Shares lost 1.9% in the premarket.

Abercrombie & Fitch (ANF) – The apparel retailer’s shares slid 7% in the premarket, as revenue fell below analyst forecasts. Abercrombie did report an adjusted profit of $1.70 per share, compared with a 77-cent consensus estimate.

Salesforce.com (CRM) – Salesforce earned an adjusted $1.48 per share for the second quarter, beating the 92 cents consensus estimate, with revenue also topping Wall Street forecasts. Salesforce also issued an upbeat outlook as companies continue to shift applications to the cloud. Shares rose 2.9% in premarket trading.

Ulta Beauty (ULTA) – Ulta shares rallied 6.4% in the premarket after it more than doubled the $2.59 consensus estimate with a quarterly profit of $4.56 per share. The cosmetics retailer’s revenue beat estimates as well, and it raised its full-year outlook as an overall improvement in the beauty industry continues.

Williams-Sonoma (WSM) – Williams-Sonoma surged 15.2% in premarket trading following top and bottom-line beats as well as a raised outlook and a 20% dividend increase. The housewares retailer reported an adjusted quarterly profit of $3.24 per share compared with the $2.61 consensus estimate, as the pandemic-induced focus on homes and home decor continued.

Box (BOX) – Box beat estimates by 2 cents with an adjusted quarterly profit of 21 cents per share, while the cloud storage company’s revenue also came in above analyst forecasts. Box also raised its full-year revenue guidance, saying it continues to benefit from the “megatrend” of digital transformation. However, shares fell 1.7% in premarket action

Snowflake (SNOW) – Snowflake lost an adjusted 4 cents per share for its latest quarter, narrower than the 15-cent loss…



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Abercrombie & Fitch CoAutodesk IncBox IncBreaking News: MarketsBusinessbusiness newsCotyCoty IncDollarDollar General CorpDollar Tree IncEconomyGeneralJ M Smucker CoMarket InsiderMarketsPure Storage IncSalesforce.Com IncSmuckerSnowflake Inc.Stock marketsTreeUlta Beauty IncWestern Digital CorpWilliams-Sonoma Inc
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