Home Depot slips, Coca-Cola pops, Tapestry surges
Let’s check out the Yahoo Finance charts of the day.
Home Depot (HD): The biggest home improvement retailer boosted its full-year profit and revenue guidance. Home Depot earned $3.05 per share for the second quarter, beating the consensus estimate of $2.84 a share. Revenue rose to $30.46 billion, from $28.11 billion, also topping projections of $29.98 billion on Wall Street.
Coca-Cola (KO): Coke has agreed to buy a minority stake in sports drink startup BodyArmor for an undisclosed price. BodyArmor is backed by Los Angeles Lakers legend Kobe Bryant and a number of other well-known athletes.
Tapestry (TPR): The company formerly known as Coach reported adjusted fiscal fourth-quarter profit of 60 cents per share, 3 cents a share above estimates. Revenue also topped forecasts.
For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.