The headquarters building of Micron Technology Inc. is located in Boise, Idaho, USA
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Find out which companies are making headlines in extended trading.
Micron — Shares of the chipmaker rose more than 4% after hours after the company released financial results for its latest quarter. Micron beat Wall Street estimates for quarterly earnings and revenue. It also gave positive adjusted revenue and earnings guidance for its third quarter.
lululemon — The sportswear maker’s share jumped about 7% following the company’s quarterly earnings report. Lululemon reported earnings about 9 cents higher than analysts’ estimates, although it reported a revenue loss. He also announced a billion-dollar share buyback program.
RH — The home furnishings retailer saw its shares fall more than 5% following its quarterly results. Although RH posted a profit overrun for the last quarter, it also posted revenue of $901.5 million, against estimates of $931.8 million. The company also announced a 3-for-1 stock split that will take place in the spring.
Chewy – The pet supplies company fell after hours after reporting a bigger-than-expected quarterly loss of 15 cents per share, versus an estimate of 8 cents, and a loss in revenue. It also released weak revenue forecasts for the first quarter and the full year.
Micron, Lululemon, HR and more
Source link Micron, Lululemon, HR and more