Target (TGT 166.80, -48.48): -22.5% after missing EPS estimates on above-consensus revenue, citing “unusually high costs” that impacted profitability. Target guided FY23 revenue in-line with expectations.
Lowe’s (LOW 188.50, -5.53): -2.9% despite beating EPS estimates and reaffirming its FY23 EPS and revenue guidance.
TJX Cos. (TJX 57.00, +0.81): +1.8% after beating EPS estimates on below-consensus revenue. The company guided Q2 EPS below consensus.
Analog Devices (ADI 167.00, +3.16): +1.9% after beating top and bottom-line estimates and guiding Q3 EPS and revenue above consensus.
Doximity (DOCS 29.35, -4.42): -13.1% after guiding JunQ revenue below consensus. The company topped earnings expectations, guided FY23 revenue above consensus, and authorized up to $70 million for share buybacks.