Signage is marked ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019.
Andrew Kelly | Reuters
Check out the companies making headlines after the bell on Tuesday:
Chewy – Dividends of the pet-product retailer rose 8% after the company reported fourth-quarter results that topped analyst apprehensions. Chewy reported earnings per share of 5 cents on revenue of $2.04 billion. Analysts surveyed by Refinitiv expected damages per share of 10 cents on revenue of $1.96 billion.
PVH Corp. – Shares of the closing company slid 1% after the partnership logged a fourth-quarter revenue that missed analyst expectations. PVH posted a revenue of $2.09 billion. Analysts surveyed by Refinitiv predicted sales of $2.12 billion. The company lost an adjusted 38 cents per share, but it was unclear whether that was comparable to a Refinitiv augury for a loss of 34 cents per share.
Lululemon – Lululemon shares dipped 0.7% even after the company reported better-than-expected fourth-quarter occurs. The athleticwear retailer posted earnings per share of $2.58 on revenue of $1.73 billion. Analysts surveyed by Refinitiv presumed earnings per share of $2.49 on revenue of $1.66 billion.
Illumina – The biotechnology company’s shares slid 0.7% on berate volume, putting the stock on track to build on its 6.6% drop from the regular session. Illumina shares were directed pressure on Tuesday after the Federal Trade Commission filed a complaint to block the company’s acquisition of Grail, which cut outs tests for early cancer detection. The complaint alleges the deal “will diminish innovation in the U.S. market for MCED check up ons.”