Pre-Open Stock Movers 05/26: Retailers Dollar Tree, Macy's, and Williams-Sonoma Jump on Results; Nutanix, Snowflake, NVIDIA Fall (more...)

May 26, 2022 9:12 AM EDT

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Pre-Open Stock Movers:

Nutanix (NASDAQ: NTNX) 32% LOWER; reported Q3 EPS of ($0.41), $0.19 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $403.7 million versus the consensus estimate of $397.87 million. Nutanix sees Q4 2022 revenue of $340-360 million, versus the consensus of $439.44 million. Nutanix sees FY2022 revenue of $1.535-1.555 billion, versus the consensus of $1.63 billion.

Dollar Tree (NASDAQ: DLTR) 16% HIGHER; reported Q1 EPS of $2.37, $0.36 better than the analyst estimate of $2.01. Revenue for the quarter came in at $6.9 billion versus the consensus estimate of $6.76 billion. Dollar Tree sees Q2 2022 EPS of $1.45-$1.55, versus the consensus of $1.71. Dollar Tree sees Q2 2022 revenue of $6.65-6.78 billion, versus the consensus of $6.75 billion. Dollar Tree sees FY2022 EPS of $7.80-$8.20, versus the consensus of $7.97. Dollar Tree sees FY2022 revenue of $27.76-28.14 billion, versus the consensus of $27.95 billion.

Vinco Ventures, Inc. (NASDAQ: BBIG) 14% LOWER; announced that, due to contractual and regulatory conditions, the Companys Board of Directors has decided to delay the distribution date for the previously announced spin-off of Cryptyde, Inc. (Cryptyde).

Macy's (NYSE: M) 13% HIGHER; reported Q1 EPS of $1.08, $0.26 better than the analyst estimate of $0.82. Revenue for the quarter came in at $5.35 billion versus the consensus estimate of $5.33 billion. Macy's sees Q2 2022 EPS of $4.53-$4.95, versus the consensus of $4.34. Macy's sees Q2 2022 revenue of $24.46-24.7 billion, versus the consensus of $24.51 billion.

Snowflake (NYSE: SNOW) 10% LOWER; reported Q1 EPS of ($0.53), which may not compare to the analyst estimate of $0.01. Revenue for the quarter came in at $422.4 million versus the consensus estimate of $412.76 million. Sees Q2 product revenue of $435-$440 million.

Williams-Sonoma (NYSE: WSM) 10% HIGHER; reported Q1 EPS of $3.50, $0.62 better than the analyst estimate of $2.88. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.8 billion.

Kraft Heinz Company (NASDAQ: KHC) 7% LOWER; UBS downgraded from Neutral to Sell with a price target of $34.00 (from $40.00).

Guess? (NYSE: GES) 5% HIGHER; reported Q1 EPS of $0.24, $0.05 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $593 million versus the consensus estimate of $584.39 million. Entered Into $175 Million Accelerated Share Repurchase Arrangement

Twitter, Inc. (NYSE: TWTR) 6% HIGHER; Musk will secure an additional $6.25 billion in equity financing and reduce the margin loan to zero to fund the acquisition of the social media player.

Datadog, Inc. (NASDAQ: DDOG) 5% LOWER; falls on Snowflake's results and outlook

RH (NYSE: RH) 4% HIGHER; gains on results Williams-Sonoma

NVIDIA (NASDAQ: NVDA) 4% LOWER; reported Q1 EPS of $1.36, $0.07 better than the analyst estimate of $1.29. Revenue for the quarter came in at $8.29 billion versus the consensus estimate of $8.12 billion. NVIDIA sees Q2 2023 revenue of $8.1 billion, versus the consensus of $8.45 billion.

Sysco (NYSE: SYY) 2% HIGHER; JPMorgan upgraded from Neutral to Overweight with a price target of $90.00.



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