Reply To: Traders Market Weekly: Memorial Weekend a Time for Reflection

#37427
Truman
Participant

NVIDIA (NVDA 162.98, -6.77, -4.0%): beats by $0.07, beats on revs; guides JulQ revs below consensus due to Russia and COVID lockdowns in China; increased and extended share repurchase program to $15.0 bln
VMWare (VMW 121.88, +1.34, +1.1%): Broadcom (AVGO 523.00, -8.63, -1.6%) to acquire VMware for ~$61 billion, or $142.50, in cash and stock
Macy’s (M 21.90, +2.69, +14.0%): beats by $0.25, reports revs in-line; raises FY23 EPS above consensus, reaffirms FY23 revs guidance; Q1 comps +12.8%
Williams-Sonoma (WSM 124.89, +9.91, +8.6%): beats by $0.61, beats on revs, comps of +9.5%; reiterated FY23 revenue growth of mid-to-high single-digit percentage
Dollar General (DG 218.00, +22.66, +11.6%): beats by $0.10, reports revs in-line; reaffirms FY23 EPS guidance, guides FY23 revs above consensus; raises comp guidance
Southwest Airlines (LUV 43.36, +0.91, +2.1%): sees Q2 (Jun) revs growth of +12-15% yr/yr, up from prior guidance of +8-12% yr/yr
Dollar Tree Stores (DLTR 153.36, +19.77, +14.8%): beats by $0.39, beats on revs; guides Q2 revs in-line; guides FY23 EPS in-line, revs in-line
Snowflake (SNOW 117.11, -15.66, -11.8%): Reports Q1 (Apr) GAAP loss of $(0.53) per share; revenues rose 84.5% year/year to $422.37 mln; For Q2 (Jul), company expects product revs of $435-440 mln