Stock Price Movement of Williams-Sonoma, Dollar General, and more Companies
Williams-Sonoma’s Stocks Launched 7% Higher
The stock price for Williams-Sonoma has been pushed up tremendously in the after-hours trading. Williams-Sonoma officials recently shared the earnings report for the fourth quarter of 2021. They announced results that were stronger than expectations set by the Refinitiv analysts.
Williams-Sonoma officials made two more announcements that resulted in investors rallying up to acquire their shares. The officials announced they will be proceeding with their stock buyback plan in the running year. In addition to the buyback plan, Williams-Sonoma announced they will be hiking the dividends in the same year.
For earnings, Williams-Sonoma announced it generated earnings worth $5.42 per share for the fourth quarter of 2021. The Refinitiv analysts had estimated that Williams-Sonoma may generate earnings worth $4.82 per share.
However, the $2.5 billion revenue generated by Williams-Sonoma was lower than the analysts’ predictions for the fourth quarter of 2021. Following the announcements, the share prices for Williams-Sonoma ended up soaring by 7%.
Dollar General has observed a Significant Rally
The share prices for Dollar General have experienced a significant boost in premarket trading. The share prices for Dollar General have soared by 5% after it shared its earnings report for the fourth quarter of 2021.
The reports suggest that the discount retailer recorded earnings worth $2.57 per share for the respective quarter. The earnings generated have matched the estimations matched by the Refinitiv analysts. As far as the revenue is concerned, the revenue reported by Dollar General was slightly lower than the analysts’ expectations.
Another major factor that added to Dollar General generating a strong rally was its announcement of increasing the quarterly dividends by 31%.
Accenture’s Share Prices Jump Higher
The share prices for Accenture have soared by 5.3% in the post-market action. Accenture also reported it generated higher-than-expected earnings in the fourth quarter of 2021. The consulting firm has announced that for the fourth quarter, the Refinitiv analysts had predicted it would generate earnings worth $2.37 per share. However, Accenture successfully generated earnings worth $2.54 per share in the particular quarter.
Signet Jewelers Record a 7.4% Uplift
The stock prices for Signet Jewelers have experienced a noteworthy elevation in the premarket trading. The stocks for the jewelry retailer have elevated by 7.4% following the announcement of its quarterly earnings.
Signet Jewelers has announced it generated adjusted earnings worth $5.01 per share in the fourth quarter of 2021. The earnings Signet Jewelers generated matched the analysts’ estimations. In addition to the earnings, Signet Jewelers also made an announcement about the quarterly dividends. The jewelry retailer has announced it has raised the quarterly dividends from 18 cents to 20 cents.