Pedestrians sporting protecting masks stroll previous a Lululemon retailer in San Francisco, California, on Monday, March 29, 2021.
David Paul Morris | Bloomberg | Getty Pictures
Take a look at the businesses making headlines after the bell:
Lululemon — Shares of the athletic retailer surged greater than 10% in after hours buying and selling on Wednesday after reporting fiscal second-quarter revenue and income that topped analysts’ expectations. The retailer additionally supplied a better-than-expected outlook for the third quarter and for the 12 months.
Boston Beer — Shares of the alcoholic beverage firm tanked 9% in after hours buying and selling on Wednesday after pulling its earnings steerage amid slowing progress in its onerous seltzer model. “The Firm now expects to incur onerous seltzer-related stock write-offs, shortfall charges payable to third celebration brewers, and different prices that will likely be expensed through the the rest of fiscal 2021,” the corporate stated in a press launch.
RH — Shares of the furnishings retailer rose 3% in prolonged buying and selling on Wednesday after beating on the highest and backside strains of its quarterly outcomes. RH earned $8.48 per share, topping estimates of $6.48 per share, in keeping with Refinitiv. Income got here in at $989 million, above expectations of $975.4 million.
GameStop — Shares of the brick-and-mortar online game retailer slumped 2% after the bell on Wednesday after reporting a lack of 76 cents per share. The corporate stated it made $1.8 billion in income. EPS and income weren’t akin to estimates.