Airlines traded higher after Delta Air Lines reported better-than-expected quarterly results and issued a positive outlook. Costco Wholesale's September U.S. same-store sales rose more than expected. PepsiCo reiterated its muted growth outlook, and its international markets drove overall growth.
BSET COST DAL PEP
BSET COST DAL PEP
Cracker Barrel reported a sharp decline in profit in the latest quarter, and the company estimated same-store sales are likely to remain weak following the recent flap over its logo redesign.
CBRL
CBRL
RH reported weak quarterly results, and the company's annual sales outlook disappointed and fell short of expectations. Designer Brands reported a decline in sales, profit, and comparable same-store sales in the fiscal second quarter. Skillsoft said net loss shrank in its latest quarter.
RH skil DBI
RH skil DBI
Chewy, the online pet food retailer, reported better-than-expected quarterly results, and the company hiked its annual sales outlook range. Daktronics soared after the LED display maker swung to a profit in the latest quarter. Oxford Industries' quarterly results surpassed expectations.
CHWY DAKT OXM
CHWY DAKT OXM
DocuSign reported a sharp decline in net income in the third quarter. Ciena reported more than a three-and-a-half-fold jump in earnings in the latest quarter on the back of demand growth driven by AI and cloud computing. Asana said its quarterly loss narrowed and revenue increased in its latest quarter.
CIEN M DOCU
CIEN M DOCU
Dollar Tree lifted its net sales range outlook for the fiscal year amid higher traffic and a larger ticket size. Salesforce reported strong quarterly results, but the company's revenue outlook in the current quarter missed expectations. GitLab traded down after the CFO resigned and joined Snowflake.
DLTR GTLB CRM
DLTR GTLB CRM