Outlook roundup: Opnext, Toro

Among the earnings projection stories for Thursday, May 22, from AP Financial News:

EATONTOWN, N.J. (AP) _ Opnext Inc., which makes components for fiber-optic communication networks, said Thursday it projects fiscal 2009 first-quarter revenue between $74 million and $77 million, above Wall Street projections.

BLOOMINGTON, Minn. (AP) _ Lawnmower and landscaping equipment company Toro Co. said Thursday it expects fiscal 2008 sales to be flat year-over-year amid a difficult economic environment and continued housing slump.

NEW YORK (AP) _ GameStop Corp., the world's largest video-game retailer, boosted its full-year guidance Thursday after posting better-than-expected fiscal first-quarter results, but its shares fell in premarket trading.

PITTSBURGH (AP) _ Dick's Sporting Goods Inc. on Thursday slashed its fiscal full-year earnings prediction and issued a second-quarter forecast under Wall Street's expectations.

CANTON, Mass. (AP) _ Casual Male Retail Group Inc., which sells big and tall men's clothing, affirmed its 2008 guidance on Thursday despite reporting first-quarter earnings and sales below Wall Street expectations.

CHARLOTTE, N.C. (AP) _ Specialty retailer Cato Corp. raised its full-year profit guidance and reaffirmed its second-quarter profit outlook Thursday.