Pedestrians wearing protective masks walk past a Lululemon store on Monday, March 29, 2021 in San Francisco, California.
David Paul Morris | Bloomberg | Getty Images
Find out which companies are hitting the headlines after the bell:
Lululemon – Shares of the sports retailer rose more than 10% in after-hours trading on Wednesday after reporting second-quarter earnings and earnings that beat analysts’ expectations. The retailer also presented a better-than-expected outlook for the third quarter and year.
BOSTON BEER – Shares of the alcoholic beverage company fell 9% on Wednesday after business hours after lowering its profit forecast amid slowing growth for its hard salt brand. “The company now expects seltzer water related inventory write-offs, abatement fees payable to third-party brewers and other costs that will be incurred during the remainder of fiscal 2021,” said the company in a press release. .
RH – Shares of the furniture retailer rose 3% in extended trading on Wednesday after beating both upper and lower results in its quarterly results. According to Refinitiv, RH earned $ 8.48 per share, which exceeds estimates of $ 6.48 per share. Revenue was $ 989 million, higher than expected at $ 975.4 million.
GameStop – Shares of the physical video game retailer fell 2% after the bell on Wednesday after reporting a loss of 76 cents a share. The company said it generated $ 1.8 billion in revenue. EPS and sales were not comparable to estimates.