Up:

Williams-Sonoma Announces Dividend Increase and Stock Buyback

Williams-Sonoma jumped 18% after it reported a slight decrease in non-GAAP earnings and net revenue for fiscal Q4, with earnings per share at $5.44, down from $5.50 a year earlier, and net revenue falling to $2.28 billion from $2.45 billion. However, the company's shares increased after it announced a raised quarterly dividend to $1.13 per share and a new $1 billion stock buyback plan. The positive investor response likely reflects confidence in the company's capital allocation strategy and shareholder return policy.

Miniso Group Reports Strong Quarterly Results

Miniso Group's adjusted earnings and revenue saw significant growth. It rose  as much as 14% after it said that adjusted earnings per diluted American depositary share rose to $0.30 from $0.17 a year earlier, and revenue increased to 3.84 billion renminbi from 2.49 billion renminbi. The company also declared a special dividend of $0.29 per American depositary share.

Full Truck Alliance Continues Buyback Program and Declares Dividend

Full Truck Alliance jumped 11% after it announced the extension of its $300 million share repurchase program through March 12, 2025, and declared an annual cash dividend of $0.1444 per American depositary share. The continuation of the buyback program and the dividend declaration demonstrate the company's commitment to returning value to shareholders, which may positively influence investor sentiment.

Down:

Dollar Tree Faces a Sharp Decline After Disappointing Results

Dollar Tree's stock fell approximately 14% following its report of lower-than-expected sales and profits for the holiday quarter. The company announced a net loss of $1.71 billion, a significant drop from the previous year's profit of $452.2 million. Adjusted earnings per share were $2.55, missing the $2.65 estimate. The company also plans to close nearly 1,000 Family Dollar stores, with 600 closures in the first half of fiscal 2024 and 370 more over the next few years. Dollar Tree's forecast for 2024 sales and profit is also below market expectations, contributing to the stock's decline.