Updated from 12:18 p.m. EDT
were among the
winners Tuesday, jumping 11.4% after the video-game retailer's fourth-quarter results and current-year guidance topped forecasts.
For the quarter ended Feb. 3, the company earned $129.8 million, or 81 cents a share, on revenue of $2.3 billion. Analysts polled by Thomson First Call expected earnings of 80 cents a share and revenue of $2.12 billion. During the year-earlier period, the company earned $85 million, or 55 cents a share, on revenue of $1.67 billion.
For the current fiscal year, GameStop forecasts earnings of $1.37 to $1.40 a share, above analysts' forecast of $1.34. The company sees revenue growth of 19% to 21%, implying revenue of $6.3 billion to $6.4 billion. Wall Street projects revenue of $6.05 billion for the period ending early next year. For the first quarter, GameStop anticipates earnings of 15 cents to 16 cents a share, compared with analysts' forecast of 13 cents. Shares were trading up $3.19 to $31.16.
slipped 0.09% after the homebuilder posted in-line first-quarter earnings but withdrew its full-year earnings projection. For the quarter ended Feb. 28, the company earned $68.6 million, or 43 cents a share, on revenue of $2.79 billion. Analysts polled by Thomson First Call expected earnings of 43 cents a share and revenue of $2.49 billion. During the year-earlier period, the company earned $258.1 million, or $1.58 a share, on revenue of $3.24 billion. Orders for the first quarter tumbled 27% to 7,132 units.
Lennar now expects fiscal 2007 earnings to fall below its previous guidance, which called for the company to meet or beat the $3.69 a share that it posted for fiscal 2006. The builder said it isn't comfortable making a new forecast at this time. Analysts project earnings of $2.28 a share for the fiscal year. Shares were trading down 4 cents to $44.50.
fell 2.2% after the clothing maker's fourth-quarter results topped expectations. For the period ended Feb. 4, the company earned $26.8 million, or 47 cents a share, on revenue of $557 million. Analysts projected earnings of 44 cents a share and revenue of $530.2 million. A year earlier, Phillips-Van Heusen earned $22.9 million, or 41 cents a share, on revenue of $460.1 million.
For the current year, the company forecasts earnings of $3 to $3.06 a share, with revenue of about $2.4 billion. Analysts project earnings of $3.06 a share and revenue of about $2.3 billion. Shares of Phillips-Van Heusen were down $1.31 to $57.99.
slid 5.1% after the Cracker Barrel owner posted a 1% decline in restaurant same-store sales for March. Same-store retail sales, meanwhile, fell 0.3%. CBRL said that results were hurt by winter weather that was "more severe this year than last year." Shares were trading down $2.60 to $47.74.
fell modestly even after the spice company posted higher first-quarter results and offered an optimistic view for the year. For the period ended Feb. 28, the company earned $44.2 million, or 33 cents a share, on revenue of $652.6 million. Excluding items, earnings were $49.8 million, or 37 cents a share. Wall Street predicted earnings of 31 cents a share and revenue of $642.7 million. In the year-earlier quarter, McCormick recorded adjusted earnings of $37.1 million, or 27 cents a share, on revenue of $609.7 million.
For 2007, McCormick anticipates earnings at the high end of its previous guidance of $1.85 to $1.89 a share. Analysts, on average, project earnings of $1.89 a share. Shares of McCormick were down 43 cents to $38.68.
volume leaders included
, down 14 cents to $17.77;
, down 33 cents to $31.04;
, up 13 cents to $39.44;
, down 18 cents to $25.49;
, up 1 cent to $11.93;
, down 21 cents to $35.79; and
, down 2 cents to $7.85.
Nasdaq's heavily traded stocks included
, down 7 cents to $2.42;
, down 16 cents to $6.06;
, down 41 cents to $25.93;
, up 77 cents to $3.86;
, down 50 cents to $27.72;
, down 23 cents to $19.06; and
, up 10 cents to $18.49.