In This Article:
Julie Hyman takes a look at the top stories of the trading day on this segment of Yahoo Finance's Market Minute.
Tractor Supply (TSCO) stock falls after the retailer forecast weaker-than-expected second quarter and full-year comparable sales.
Keurig Dr Pepper (KDP) beat first quarter net sales expectations and reaffirmed its 2025 guidance.
Mondelez International (MDLZ) was downgraded by D.A. Davidson to Neutral from Buy, citing concerns over valuation and uncertain demand.
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It's time for Yahoo! Finance's Market Minute. Stocks climbing for a third day with big tech leading the way. Shares of Tractor Supply sliding though, as its outlook disappoints. The farm store chain forecasting second-quarter and full-year comparable sales below Wall Street's expectations. The earnings outlook for the second quarter also missing estimates. Keurig Dr. Pepper reporting better-than-expected net sales for the first quarter. The company also reaffirming its fiscal 2025 guidance, and it expects another solid year of growth. However, international net sales, along with US coffee net sales, saw a decline in the first quarter compared to the same period the prior year. Mondelez International hit with a downgrade at DA Davidson, the firm lowering its rating on the stock from buy to neutral. DA Davidson noting valuation concerns and demand outlook uncertainty. And that's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below.