Market Updates
U.S. Movers: Amazon.com, Thor Industries, United Natural Foods
Scott Peters
26 Sep, 2023
New York City
Thor industries rose 1.% to $95.68 after the company reported revenue declined 28.4% in its latest quarter of $2.74 billion.
Net income in the quarter declined to $90.3 million from $280.9 million and diluted earnings per share fell to $1.68 from $5.15 a year ago.
The company also forecasted revenue to decline in the next fiscal year to between $10.5 billion and $11.0 billion from $11.2 billion in fiscal 2023.
United Natural Foods Inc dropped 23% to $14.44 after the company reported weaker-than-expected sales in its latest quarter and forecasted additional weakness in sales and operating earnings in the current quarter.
Revenue in the fiscal fourth quarter ending in July increased 2.0% to $7.4 billion but the company swung to a net loss of $68 million from a profit of $39 million and diluted earnings per share was ($1.15) compared to 63 cents a year ago.
The company forecasted fiscal 2024 revenue between $30.9 billion and $31.5 billion and net loss between $110 and $36 million and diluted loss per share between 60 cents and $1.86.
Amazon.com Inc declined 2.5% to $127.96 after the online retailer and marketplace operator was sued by the Federal Trade Commission and attorney generals of 17 states accused company of "monopoly power" and charge higher prices for customers and unlawfully exclude rivals.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|