Dollar General Boosts Guidance, Snowflake Slumps; Hormel Earnings Better-Than-Feared
On this episode of Stock Movers:
- Dollar General (DG) shares rise after the retailer reported its third beat-and-raise quarterly report this year, driven by gross margin outperformance.
- Snowflake (SNOW) shares fall after the software company issued a forecast for operating margin in the current quarter that fell short of the average analyst estimate. Analysts noted a deceleration in product revenue growth.
- Hormel (HRL) shares rise after the protein producer’s 3Q adj. EPS forecast beat the company’s recently lowered guidance, as well as the Street consensus. In addition, the midpoint of Hormel’s Fiscal 2026 annual adjusted EPS guidance is also ahead of expectations.
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