A Men’s Wearhouse retail stockpile on October 9, 2013 in San Francisco, California.
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Check out the companies making headlines after the bell.
Stitch Fix — The online signed styling service’s stock fell 6% in extended trading after the company released its third-quarter financial be produced ends. Stitch Fix said it had a loss of 33 cents per share on revenue of $372 million, while analysts expected a extinction of 16 cents per share with revenue of $407 million, according to Refinitiv. The company also reported 3.4 million working clients, a 9% increase compared to last year.
Coupa Software — Shares of the technology company tumbled 4% in draw out trading after Coupa Software announced its first-quarter financial results. The company reported earnings of 20 cents per division excluding some items on revenue of $119.2 million, while analysts anticipated earnings of 7 cents per share with gate of $111.5 million, according to Refinitiv. Coupa offered strong guidance on earnings and revenue for both the second quarter and the financial year.
Scotts Miracle-Gro — The lawn products company’s stock rose 5% in extended trading after Scotts Miracle-Gro correct its fiscal 2020 guidance. The company increased sales and earnings guidance based on higher product demand. Scotts Miracle-Gro now keep in views sales growth in the range of 16% to 18% for the fiscal year after giving guidance in May that anticipated an increment of 6% to 8%. It also estimates adjusted non-GAAP earnings to be in the range of $5.65 to $5.85 per share compared to earlier guidance of $4.95 to $5.15 per share. “An unprecedented number of consumers planting and maintaining gardens has led to a nearly 40 percent develop in consumer purchases of Miracle-Gro branded soils and more than 30 percent increase in plant food,” communicated Jim Hagedorn, chairman and CEO, in a company statement.
Tailored Brands — The owner of clothing retailers Men’s Wearhouse and Jos. A. Bank saw its stock sack 6% after the closing bell. Tailored Brands is considering filing for bankruptcy, according to a report from Bloomberg. The callers said it does not comment on market rumors or speculation in a statement to CNBC.
Carnival and Norwegian Cruise Line — Both travel lines saw their stock rise 6% after the market closed. The companies’ stock experienced big boosts earlier on Monday as the succinctness’s reopening progress gave investors optimism that cruise bookings will recover from the serious blow ones top from the coronavirus pandemic.
Macy’s — The troubled retailer’s stock soared 13% in extended trading after the Pty announced that it had secured $4.5 billion in new financing. Macy’s said it expects to have enough liquidity to nave the coronavirus pandemic and address its business needs, including funding operations and purchasing new inventory, according to a company utterance.
Chesapeake Energy — Chesapeake fell 18% in extended trading after a Bloomberg report that the company is strengthening to file for bankruptcy and give its lenders control. The company declined to comment.
Casey’s General Stores — The convenience cumulate chain’s stock fell 4% in extended trading after Casey’s released its fourth-quarter earnings. The company reported earnings of $1.67 per allocation on revenues of $1.81 billion, while FactSet analysts had expected earnings of $1.83 per share on revenues of $1.76 billion. Casey’s is not fix up with provision guidance for the 2022 fiscal year amid the continued uncertainty of the Covid-19 pandemic, but CEO Darren Rebelez said he stay puts confident in the company’s “financial strength.”