Stocks to Watch: Dollar Tree, Palantir Technologies, Jeld-Wen Holding

Dow Jones

2024-11-05

By Connor Hart

Dollar Tree is searching for a new chief executive after Rick Dreiling stepped down from the position, citing health challenges. He had joined the discount retailer in January 2023 from rival Dollar General aiming to turn around the company's slowing sales. Michael Creedon was named interim CEO. He has been the discount retailer's chief operating officer since October 2022 and was previously an executive at U.S. Auto Parts. Shares rise 5.6%, to $70.56, in after-hours trading.

Palantir Technologies raised its full-year outlook and posted higher-than-expected sales in the third quarter, buoyed by demand for artificial-intelligence products. The AI software company now expects revenue of $2.81 billion, up from about $2.75 billion. It posted revenue of $726 million, up 30% from last year and ahead of analysts' expectations. Shares rise 13%, to $46.67, in post-market trading.

Jeld-Wen Holding swung to a loss and logged lower revenue in the third quarter due to deteriorating market conditions. The building-products manufacturer posted a loss of $74.4 million, compared with a profit of $43.8 million last year. Revenue fell 13% to $934.7 million and missed the $990.6 million that analysts polled by FactSet expected. Chief Executive William Christensen said market conditions are continuing to deteriorate, and are set to have a significant impact on the company's near-term volume/mix. Shares tumble 22%, to $11.05, in after-hours trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 04, 2024 18:40 ET (23:40 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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He had joined the discount retailer in January 2023 from rival Dollar General aiming to turn around the company's slowing sales. Michael Creedon was named interim CEO. He has been the discount retailer's chief operating officer since October 2022 and was previously an executive at U.S. Auto Parts. Shares rise 5.6%, to $70.56, in after-hours trading. \n</p>\n<p>\n  Palantir Technologies raised its full-year outlook and posted higher-than-expected sales in the third quarter, buoyed by demand for artificial-intelligence products. The AI software company now expects revenue of $2.81 billion, up from about $2.75 billion. It posted revenue of $726 million, up 30% from last year and ahead of analysts' expectations. Shares rise 13%, to $46.67, in post-market trading. \n</p>\n<p>\n  Jeld-Wen Holding swung to a loss and logged lower revenue in the third quarter due to deteriorating market conditions. The building-products manufacturer posted a loss of $74.4 million, compared with a profit of $43.8 million last year. Revenue fell 13% to $934.7 million and missed the $990.6 million that analysts polled by FactSet expected. Chief Executive William Christensen said market conditions are continuing to deteriorate, and are set to have a significant impact on the company's near-term volume/mix. Shares tumble 22%, to $11.05, in after-hours trading. \n</p>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2024 18:40 ET (23:40 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks to Watch: Dollar Tree, Palantir Technologies, Jeld-Wen Holding</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks to Watch: Dollar Tree, Palantir Technologies, Jeld-Wen Holding\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2024-11-05 07:40</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Connor Hart \n</p>\n<p>\n  Dollar Tree is searching for a new chief executive after Rick Dreiling stepped down from the position, citing health challenges. He had joined the discount retailer in January 2023 from rival Dollar General aiming to turn around the company's slowing sales. Michael Creedon was named interim CEO. He has been the discount retailer's chief operating officer since October 2022 and was previously an executive at U.S. Auto Parts. Shares rise 5.6%, to $70.56, in after-hours trading. \n</p>\n<p>\n  Palantir Technologies raised its full-year outlook and posted higher-than-expected sales in the third quarter, buoyed by demand for artificial-intelligence products. The AI software company now expects revenue of $2.81 billion, up from about $2.75 billion. It posted revenue of $726 million, up 30% from last year and ahead of analysts' expectations. Shares rise 13%, to $46.67, in post-market trading. \n</p>\n<p>\n  Jeld-Wen Holding swung to a loss and logged lower revenue in the third quarter due to deteriorating market conditions. The building-products manufacturer posted a loss of $74.4 million, compared with a profit of $43.8 million last year. Revenue fell 13% to $934.7 million and missed the $990.6 million that analysts polled by FactSet expected. Chief Executive William Christensen said market conditions are continuing to deteriorate, and are set to have a significant impact on the company's near-term volume/mix. Shares tumble 22%, to $11.05, in after-hours trading. \n</p>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 04, 2024 18:40 ET (23:40 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481256251","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481256251","pubTimestamp":1730763600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Dollar Tree is searching for a new chief executive after Rick Dreiling stepped down from the position, citing health challenges. 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He has been the discount retailer's chief operating officer since October 2022 and was previously an executive at U.S. Auto Parts. Shares rise 5.6%, to $70.56, in after-hours trading. \n\n\n  Palantir Technologies raised its full-year outlook and posted higher-than-expected sales in the third quarter, buoyed by demand for artificial-intelligence products. The AI software company now expects revenue of $2.81 billion, up from about $2.75 billion. It posted revenue of $726 million, up 30% from last year and ahead of analysts' expectations. Shares rise 13%, to $46.67, in post-market trading. \n\n\n  Jeld-Wen Holding swung to a loss and logged lower revenue in the third quarter due to deteriorating market conditions. The building-products manufacturer posted a loss of $74.4 million, compared with a profit of $43.8 million last year. Revenue fell 13% to $934.7 million and missed the $990.6 million that analysts polled by FactSet expected. Chief Executive William Christensen said market conditions are continuing to deteriorate, and are set to have a significant impact on the company's near-term volume/mix. Shares tumble 22%, to $11.05, in after-hours trading. \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 04, 2024 18:40 ET (23:40 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}