Apparel Retailers Tank on Gap Troubles, Hospital Stocks Fall on HCA and Intuitive Surgical Earnings
- Barry Adams
- U.S.A. New York City
-
HCA Healthcare's weaker annual earnings outlook dragged down hospitals and healthcare center operators. Apparel retailers tanked after Gap Inc revised sales decline range and the company has initiated a search for a new leader for the Old Navy division.
Intuitive Surgical fell 13% after reporting better than expected first-quarter revenues increased 15% t0 $1.49 billion and net income declined 14% to $366 million. The company also offered a cautious outlook on supply chain disruptions.
HCA Healthcare plunged 21% after the hospital operator reported flat earnings per share and lowered annual outlook to a range between $16.40 and $17.60 a share from the previous estimated range between $18.40 and $19.20 a share.
DexCom, DaVita, and Universal Health dropped between 6% and 12% after HCA lowered its earnings outlook and cited rising labor cots.
Dillard's dropped 12% and American Eagle Outfitters plunged 10% after Gap Inc revised higher sales loss range in the latest quarter ahead of earnings call next week. Gap also said Old Navy CEO and President Nancy Green will no longer lead the division.
Cap Inc stock plunged 20%.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| HCA Healthcare Inc | HCA | -2% | 12% | 12% |
| DaVita Inc | DVA | -2% | 46% | 40% |
| Dillard`s Inc | DDS | 1% | 10% | 22% |
| Intuitive Surgical Inc | ISRG | -1% | 56% | 23% |