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Top Stocks Gain Strength As Retailers Diverge; This Stock Plunges 18%
The cosmetics chain late Thursday reported sales increased 4.5% to $2.8 billion in the quarter ended May 3. Earnings climbed 4% to $6.70 a share. Both numbers beat analysts’ estimates, according to FactSet. Same-store sales rose 2.9%, also above views.
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DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. |
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