Nordstrom missed their earnings estimate this week, while projecting a more optimistic guidance for next quarter. The stock price went up 14%.
Meanwhile, Abercrombie&Fitch (ANF) had a similar story and crashed ~30%.
Macy's (M) really outperformed earnings estimates, but gave a chillier guidance. It shot up 19%.
At the same time, Ralph Lauren (RL) absolutely dominated earnings, and gave an even stronger guidance, but stayed relatively flat during the post-earnings trading day.
How can I understand this? Two similar pairs of companies, performing similarly, but their stock price movements diverge.
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