Key Points to Watch Out For:
- Toll Brothers shares slip 2.5% in premarket trading.
- La-Z-Boy disappoints with results, dropping 25% ahead of the open.
- Alcon lowers guidance, citing $100 million tariff impact.
Lowe’s (LOW), TJX (TJX), Target (TGT) and Analog Devices (ADI): Reports before the open
Lowe’s is set to release results before the bell. TJX, the parent of T.J. Maxx, will also report ahead of the open. Target is due to publish its earnings before the open, as is Analog Devices.
Toll Brothers (TOL): Revenue beats, guidance lowered
The homebuilder posted stronger-than-expected revenue but cut its full-year delivery outlook. Shares slipped 2.5% in premarket trading.
La-Z-Boy (LZB): Earnings and sales outlook fall short
Adjusted earnings missed expectations, while sales guidance for the current quarter also came in weak. Shares dropped 25% before the open.
Alcon (ALC): Guidance reduced, tariffs weigh on outlook
The Swiss eye care group lowered its full-year guidance, warning of a $100 million hit from U.S. tariffs. ADRs sank 10% in premarket trading.
