Top Consumer Shares:
Consumer shares are mixed in pre-bell trading. Best Buy (
) shares are surging 15.1% at $35.36 as it reports Q2 revenue of
$9.3 billion, down slightly from $9.339 billion recorded in the
year ago quarter but ahead of the analyst consensus of $9.11
billion on Capital IQ. Non-GAAP EPS was $0.32, up from $0.26 per
share last year and ahead of the Street view of $0.11 per share, if
And J.C. Penney (
) is up 2.7% as it reports Q2 sales of $2.66 billion, down from
$3.02 billion in the year ago quarter and below the analyst
consensus of $2.77 billion on Capital IQ. Adjusted loss was $2.16
per share. The Street view was a loss of $1.14 per share.
) shares are up 2.1% at $148.00 after its Model S achieved a
perfect score on an independent test by the National Highway
Traffic Safety Administration. Only 1% of cars achieve the perfect
score. Tesla received a five-star rating in every category.
American Woodmark Corporation (
) reported first quarter 2014 net income (excluding special items)
of $6.7 million, or $0.43 per diluted share, compared to $1
million, or $0.07 per diluted share, in the same period last year.
AMWD is flat at $31.73 in pre-market.
Net sales rose by 20% compared with the Q1 of the prior fiscal
year to $178.1 million. The company experienced growth in both the
remodel and new construction sales channels during the first
quarter of fiscal year 2014, led by new construction growth of more
than 40%. No analyst estimates were available for comparison.
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