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Hopes are high for Wingstop's (WING) first quarterly report since its IPO, especially after Buffalo Wild Wings (BWLD) recently added some spice to the hot restaurant sector. Consensus is for Wingstop to earn 9 cents a share on $18.4 million in revenue when the Dallas-based company reports Thursday. It went public in June, and shares have roughly doubled since then. Shares climbed 5.5% on July 29, after Buffalo Wild Wings reported Q2 earnings that
CVS Health's (CVS) profit and revenue gains are expected to slow when the drugstore chain reports second-quarter results on Tuesday. Analysts see earnings climbing 6% to $1.20 a share, decelerating from 12% growth in the previous quarter. Revenue is seen rising over 7% to $37.18 billion, down from 11% in Q1 and 13% in Q4. Future quarters should see a major boost following recent acquisitions, as the health sector overall rushes to consolidate amid
Several auto parts retailers advanced this week as two highly rated ones, O'Reilly Automotive (ORLY) and auto parts provider LKQ (LKQ), delivered outsized quarterly earnings reports. O'Reilly stock hit a high of 247 Thursday following second-quarter results that beat sales and profit views late Wednesday, but closed Friday at 240.31, closer to where shares were before the earnings report. LKQ hit a high of 32.25 on Thursday after it posted
Just six companies are keeping second-quarter earnings growth in positive territory for S&P 500 businesses, which may suggest more softness to come. With 72% of S&P 500 companies having reported their performance in the last calendar quarter, earnings have grown a mere 0.9%. Revenue so far has declined 3.3% from a year ago. Excluding Apple (AAPL), Bank of America (BAC), Citigroup (C), Crown Castle International (CCI), Gilead
The Marine Corps version of Lockheed Martin's (LMT) F-35 is now ready for combat, after receiving initial operational capability (IOC) status on Friday. The F-35B is the first version of the overbudget and behind-schedule stealth jet to reach IOC after a five-day operational readiness inspection. The fighter previously underwent successful shipboard testing in May and live-bomb drops in June. The F-35B's first deployment is slated for Iwakuni,