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Wednesday, May 31, 2023

Capri Holdings Guides FY24 EPS Above Estimates - Update

While reporting financial results for the fourth quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) initiated its earnings and revenue guidance for the first quarter and full-year 2024.

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National Bank Of Canada Q2 Results Miss Estimates; Boosts Dividend 5%

National Bank of Canada (NA.TO) reported Wednesday that second-quarter net income decreased to C$847 million or C$2.38 per share from C$889 million or C$2.53 per share in the prior-year quarter.

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Big Lots Suspends Dividend - Update

While reporting financial results for the first quarter on Thursday, discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the second quarter.

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Best Buy, Dollar Tree Q1 Earnings Top Estimates

Retailers Best Buy Co., Inc. (BBY) and Dollar Tree Inc. (DLTR) reported on Thursday profits for the first quarter that decreased from last year, but results topped analysts' estimates. However, net sales missed estimates. Best Buy maintained its guidance for the full-year 2023, while Dollar Tree slashed its earnings outlook for the full-year 2023.

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Best Buy: Sales Align Closer To Midpoint Of Annual Comparable Sales Guidance

Best Buy Co., Inc. (BBY) said its first quarter sales results are in line with the expectations it shared in March and profitability was better than expected. The company maintained the full year guidance.

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Medtronic Guides FY24 Adj. EPS Below View: Boosts Dividend - Update

While reporting financial results for the fourth quarter on Thursday, medical devices maker Medtronic plc. (MDT) initiated adjusted earnings guidance for the full-year 2024, below analysts' estimates.

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Abercrombie & Fitch, Kohl's Q1 Results Top Estimates, While Children's Place Missed

U.S. retailers Abercrombie & Fitch Co. (ANF) and Kohl's Corp. (KSS) reported on Wednesday results for the first quarter that topped analysts' estimates, with Abercrombie & Fitch raising its outlook for the full-year 2023 and Kohl's affirming its guidance for fiscal 2023.

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