The Globe stars and dogs during the week


A good-humored look at the companies that caught our attention, for better or worse, this week

Tesla (DOG)

Another week, another Tesla crashed. First, Consumer Reports said a test vehicle with the company's latest semi-standalone steering system cut other cars by changing lanes and generally behaved like "a kid at the wheel for the first time." Then a Morgan Stanley analyst made blunt remarks about The Company in a call with customers, saying the carmaker who burned money and became loss-making became a "history of restructuring and struggling credit." With shares falling about 43 percent this year, investors are not enjoying this ride.

TSLA – Nasdaq

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Foot Locker (DOG)

Do you know when you buy a pair of $ 200 sneakers and you immediately step on a pile of dog poo? Foot Locker investors had their unpleasant surprise when the footwear and athletic apparel retailer reported same-store sales growth of 4.6% in the first quarter – less than the 5.5% increase analysts had expected. As Foot Locker's earnings are also short of estimates and investors are worried about the impact of potential tariff increases on China's products, the stock is emitting an unpleasant odor.


FirstService (STAR)

Multiple choice questionnaire! FirstService is a company that: a) distributes ball machines, nets and other tennis equipment; b) Developed a smartphone application that helps people find churches that open very early on Sunday morning; c) provides property management and other real estate services and this week agreed to acquire 95% of Global Restoration Holdings for $ 505 million, complementing FirstService's Paul Davis Restoration subsidiary. Answer: c.


Target (STAR)

Remember Target, the American retailer who opened a lot of stores in Canada a few years ago and shut it down five minutes later? Well, fortunately for Target's shareholders, things are going much better in the United States: boosted by a 42% increase in e-commerce sales, the network posted first-quarter revenue and earnings above Wall Street estimates and maintained your outlook for the year, even when other retailers are struggling. Investors are filling their shopping carts with stock.


Lowe's Cos. (DOG)

You might say that Lowe's investors just screwed up. Even though the home improvement retailer saw same-store sales growth of 3.5 percent in the first quarter, earnings per share fell short of estimates, as cost pressures, changes in company merchandising operations, and ineffective pricing "pressed the gross margins. With Lowe reducing its forecast for year-round earnings, the stock chart looks like a renovation project that went awry.

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