Target, Lululemon fall; Petco, Dycom rise, Wednesday, 5/22/2024
Stocks that are trading heavily or have substantial price changes on Wednesday: Target, Lululemon fall; Petco, Dycom
NEW YORK — Stocks that are trading heavily or have substantial price changes on Wednesday:
Target Corp. (TGT), down $11.87 to $143.91.
The retailer's first-quarter earnings fell short of Wall Street forecasts.
Analog Devices Inc. (ADI), up $17.94 to $234.58.
The semiconductor maker's earnings forecast for its current quarter exceeded Wall Street expectations.
Lululemon Athletica Inc. (LULU), down $18.98 to $304.
The athletic apparel maker said its chief product officer resigned and it will restructure its product and brand teams.
United Natural Foods Inc. (UNFI), up 93 cents to $12.08.
The organic food distributor extended its wholesale partnership with Whole Foods Market, an affiliate of Amazon.com.
Williams-Sonoma Inc. (WSM), down $18.97 to $295.41.
The cookware and home furnishings retailer beat Wall Street's first-quarter earnings and revenue forecasts.
Petco Health & Wellness Co. (WOOF), up 67 cents to $3.12.
The pet supply chain's first-quarter earnings and revenue beat analysts' forecasts.
Dycom Industries Inc. (DY), up $11.91 to $166.32.
The provider of specialty contracting services beat Wall Street's first-quarter earnings forecasts.
Photronics Inc. (PLAB), down $2.26 to $26.01.
The electronics imaging company's financial forecasts for its current quarter fell short of analysts' expectations.
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