Cheesecake Factory Falls, Walmart Slips, Wayfair Slumps As Analysts Spotlight Decline in Active Users

Cheesecake Factory Falls, Walmart Slips, Wayfair Slumps As Analysts Spotlight Decline in Active Users

On this episode of Stock Movers:

- Cheesecake Factory (CAKE) shares fell after the restaurant chain’s comp sales during the fourth quarter came in below the average analyst estimate.

- Walmart (WMT) shares slipped after issuing a forecast for full-year earnings that missed higher expectations, flagging the unpredictable state of trade and labor market conditions.

- Wayfair (W) shares slumped as active customers during the fourth quarter came in slightly below Street expectations. William Blair says the 6.9% growth in net revenue likely fell short of buy-side expectations. Peers RH, Arhaus and Williams-Sonoma also fell.

See omnystudio.com/listener for privacy information.

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