Stock Movers Today: RH, STZ, TSLA, WBA

RH (RH) dropped fiscal year 2022 revenue growth down to 2% from 5% to 7%. RH CEO said that demand will continue to slow throughout the year. The RH stock price was trading lower following the news. Next, Shawn Cruz weighs in on Constellation Brands (STZ) earnings report that indicated $2.66 in EPS. The company beat on both top and bottom lines. Also, Tesla (TSLA) stock price fell ahead of second quarter deliveries announcement. Wedbush stated that Tesla delivery numbers will be ugly and nothing to write home about. “Estimates that 70K vehicles were wiped out this quarter from China shutdowns,” the analyst further stated. Finally, Walgreens (WBA) earnings call stated $0.96 in EPS versus the $0.95 estimate. Other pharmacy stocks include CVS Health (CVS), Rite Aid (RAD), and GoodRx (GDRX).