Breaking News
Investing Pro 0
Cyber Monday Extended SALE: Up to 60% OFF InvestingPro+ CLAIM OFFER

Nordstrom, Urban Outfitters Fall Premarket; Dick's Sporting Goods Rises

Stock Markets Aug 25, 2021 08:06AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
CPB
+2.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
JNJ
+1.08%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
JWN
+1.16%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
URBN
+1.40%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SAVA
+1.25%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SCVL
+2.60%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Wednesday, August 25th. Please refresh for updates.

  • Nordstrom (NYSE:JWN) stock fell over 11% after the department store chain’s quarterly revenue declined 6% from pre-pandemic levels, with the company flagging supply chain issues and stiff competition.

  • Urban Outfitters (NASDAQ:URBN) stock fell 5.4% after the retailer issued disappointing guidance for the quarter, citing higher input costs and lower wholesale sales. Its second-quarter figures were however largely better than expected, helped by strong digital sales.

  • Johnson & Johnson (NYSE:JNJ) stock rose 0.5% after the drugmaker said its Covid vaccine booster shot generated a promising immune response in early trials.

  • Dick’s Sporting Goods (NYSE:DKS) stock rose over 11% after the outdoor equipment retailer beat expectations for quarterly earnings, announcing a 21% increase in its regular quarterly dividend as well as a special dividend.

  • Shoe Carnival (NASDAQ:SCVL) stock rose 2.3% after the retailer more than doubled the Street’s profit expectations for the second quarter.

  • Toll Brothers (NYSE:TOL) stock rose 2.1% after the luxury home builder reported a record for new contracts on the quarter, exceeding the third quarter of last year by 35%.

  • Campbell Soup (NYSE:CPB) stock fell 1.2% after Piper Sandler downgraded its stance on the food processing company to ‘neutral’ from ‘overweight’, saying commodity inflation will weigh on its bottom line.

  • Boston Beer (NYSE:SAM) stock fell 3.7% after Cowen downgraded the brewery to ‘underperform’ from ‘market perform’, saying the hard seltzer boom seems to be slowing significantly.

  • Express (NYSE:EXPR) stock rose 5% after the apparel retailer posted a surprise profit in the quarter, stating that it was on track to reach $1.0 billion in e-commerce sales by 2024.

  • Cassava Sciences (NASDAQ:SAVA) stock fell over 22% after a “statement of concern” was posted overnight questioning the "accuracy and integrity" of trial data for its treatment of Alzheimer's disease. Cassava has responded, releasing a statement rebutting the claims.

 

Nordstrom, Urban Outfitters Fall Premarket; Dick's Sporting Goods Rises
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (2)
Xuefeng Zhu
Xuefeng Zhu Aug 25, 2021 9:14AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
go crazy
Vic Welly
Vic Welly Aug 25, 2021 9:09AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I am confused now. Don’t know where to go
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email