Company News for June 6, 2012
• Shares of Fastenal Company (NASDAQ:FAST) declined 9.7% even after sales rose 18.4% to $275 million in May. This is because to match second-quarter estimates it needs to post sales of $288.35 million in June after it failed to match expectations in May, normally one of its better revenue months
• Freescale Semiconductor Ltd (NYSE:FSL) increased 7.7% after it announced that Gregg A. Lowe has been appointed as new president and CEO of the company
• Dollar General Corp. (NYSE:DG) reported first quarter earnings per share of $0.63, beating the Zacks Consensus Estimate of $0.59
• United Natural Foods, Inc. (NASDAQ:UNFI) posted third quarter earnings per share of $0.59, surpassing the Zacks Consensus Estimate of $0.56
Read the analyst report on FAST
Read the analyst report on FSL
Read the analyst report on UNFI
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