— D.R. Horton Inc. (NYSE: DHI) reported Q4 2019 earnings of $1.35 per share, vs. $1.25 expected.
— Revenues grew 11% to $5 billion, vs. $4.86 billion expected.
— Homebuilding revenue rose 10% to $4.8 billion.
— Homes closed in the quarter increased 9% to 16,024.
— Net sales orders grew 14% to 13,130 homes.
— FY20 consolidated revenue is expected to be $18.5 billion to $19 billion.
On the heels of lawmakers moving closer to passing the stimulus bill, inflations concerns gripped the market after Federal Reserve chief Jerome Powell at a meeting said the reopening would
Though the retail boom triggered by the pandemic was estimated to be short-lived initially, the shopping spree continued as customers stocked up on essential items, concerned about the persistent market
Shares of Gap Inc. (NYSE: GPS) were up 5.8% in afternoon hours on Friday. The stock has gained 103% over the past 12 months. Gap reported mixed results for the