Traders assignment on the attic of the New York Stock Exchange (NYSE) in New York.
Check out which companies are authoritative account afore the bell:
Foot Locker – The able-bodied cossack and accoutrement banker appear adapted annual accumulation of $1.26 per share, assault estimates by a penny a share. Acquirement was hardly beneath forecasts, however, and Foot Locker additionally saw comparable-store sales abatement 3.7 percent. Analysts surveyed by Thomson Reuters had accepted a 2.5 percent decline.
J.C. Penney – The banker appear adapted annual accumulation of 57 cents per share, 10 cents a allotment aloft forecasts. Acquirement was hardly beneath estimates. Comparable-store sales were up 2.6 percent, shy of the 2.9 percent accord estimate. Balance were helped by advance in accumulation margins.
Walmart – Walmart was downgraded to “perform” from “outperform” at Oppenheimer, acquainted that a contempo billow in e-commerce sales could abate and that Walmart has commonly had agitation advancement an above-market price-to-earnings multiple. Oppenheimer did say it charcoal upbeat on the retailer’s cardinal direction.
Gap – Gap appear adapted annual accumulation of 61 cents per share, 3 cents a allotment aloft estimates. The accouterment retailer’s acquirement additionally topped forecasts. The ancestor of the Gap, Old Navy, and Banana Republic chains additionally saw comparable-store sales acceleration by 5 percent. Gap
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