Check out the companies that make headlines in pre-market transactions. Walmart – Big Box retailers slipped over 2%. Walmart fiscal second quarter revenues beat analyst estimates. Adjusted earnings of 68 cents per share may not be compared to the 74 cents LSEG consensus estimate. The nation’s largest retailer has raised its annual revenue and sales outlook. Nordson Corp. – Adhesives and coating manufacturers have collected over 5% for better revenue and revenue than expected. Nordson said the full year sales are now slightly above the midpoint of the original guidance given earlier this year. Cracker Barrel Old Country Store – Restaurant and Gift Shop chains have dropped by around 2%. The company released its updated logo earlier this week, sparking some criticism of social media. Instacart – Grocery delivery companies fell nearly 3%. Wedbush downgraded Instacart to underperformance on Thursday, with analyst Scott Devitt cited Stiffening Competition as a potential headwind. Hewlett Packard Enterprise – Technology Services Company has advanced over 3% after Morgan Stanley upgraded its investment rating to overweight. Analyst Erik Woodring said HPE’s upcoming quarter results could be a positive catalyst for inventory. Broadstone Net Lease – Real Estate Investment Trust shares rose almost 2% after Goldman Sachs double-upgraded to purchases from Sell. Goldman said Broadstone’s development pipeline could lead to reliable revenue growth and narrow the valuation gap. -CNBC’s Alex Harring and Michelle Fox contributed the report.
WMT, HPE, CART, BNL, etc.
