Walmart drones, Manchester United EBITDA, Petco sales miss
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Walmart's (WMT) plans to expand its drone deliveries to three new states, British soccer club Manchester United (MANU) lifting its adjusted EBITDA outlook, and Petco (WOOF) missing comparable sales estimates for its first quarter.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo Finance's Market Minute. First up, Walmart saying it plans to expand drone deliveries to three additional states. Right now, customers in some areas of Texas and Arkansas can get their orders delivered by drone. And in the coming year, Walmart plans for the service to be offered through 100 additional stores in Georgia, Florida, and North Carolina. With this expansion, Walmart says 4 million households will now have access to drone delivery. Manchester United shares surging after third quarter earnings. The English football club reporting losses, but lifting their outlook for the year. Manchester lifting their adjusted Ebita forecast and raising the lower end of their revenue range outlook. And Petco shares sinking following its first quarter results. Comparable sales declining more than expected. The pet supply company also expecting net sales for the full year to be down low single digits year over year. And that's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below.
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