Company News for May 31, 2022

Zacks Equity Research Published on May 31, 2022

Pinduoduo Inc.’s (PDD - Free Report) shares climbed 15.2% after the company reported first-quarter fiscal 2022 adjusted earnings of $0.47 per share, surpassing the Zacks Consensus Estimate of $0.27 per share.
Shares of Canopy Growth Corporation (CGC - Free Report) plunged 12.1% after reporting fourth-quarter fiscal 2022 adjusted loss of $0.42 per share, wider than the the Zacks Consensus Estimate of a loss of $0.24 per share.
Costco Wholesale Corporation’s (COST - Free Report) shares rose 1.2% after posting third-quarter fiscal 2022 revenues of $52.6 billion, beating the Zacks Consensus Estimate of $52.3 billion.
Shares of Ulta Beauty, Inc. (ULTA - Free Report) surged 12.5% after the company reported first-quarter fiscal 2022 earnings of $6.30 per share, surpassing the Zacks Consensus Estimate of $4.44 per share.

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