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Home Depot raises full-year outlook after beating profits and posting first-quarter sales
The Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly results, fueled by the company’s largest-ever first-quarter sales. Shares of the company rose 4% in premarket trading. Here’s what Home Depot reported compared to what Wall Street expected, based on a Refinitiv analyst survey: Earnings per share: $4.09 vs $3.68 expected Revenue: […]
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Plant-based food industry faces reset as Beyond Meat and Oatly stocks suffer
In this photo photo Oatly Oat Milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street seems to be downgrading on herbal substitutes. Shares of Beyond Meat and Oatly have lost more than half their value this year. Stocks are both high-profile and relatively recent entrants to public […]