Business

Lowe's, Palo Alto Networks, Weight Watchers and Boeing - 5 Things You Must Know


Lowe's also reiterated its 2019 outlook, which sees full-year sales rising 2%, adding that "U.S. macroeconomic fundamentals remain sound" while cautioning that its Canadian business would face "continued weakness in the housing market."


Best Buy ( BBY ) reported stronger-than-expected fourth-quarter earnings and forecast solid full-year profit as softer mobile phone sales were offset by gains in wearables, appliances and gaming.


Weight Watchers International ( WTW ) plunged 34.9% in premarket trading after its outlook for the year was well below analysts' forecasts but noted that celebrity backer Oprah Winfrey would front the company's upcoming promotional campaign.


"After an outstanding year for WW in 2018, our start to 2019 and winter recruitment performance has been very disappointing, as reflected in the financial outlook we are providing today," CEO Mindy Grossman told investors on a conference call late Tuesday.


"Oprah will play a central role in our marketing campaigns in the U.S., Canada and Australia, bringing to life a clear message on how WW is the program for everyone who wants to lose weight and get healthier," Grossman added.


We are confident the MAX will help Vietjet grow more efficiently and provide great travel experiences for their passengers," said Boeing Commercial Airplanes President and CEO Kevin McAllister.






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