— The tech hardware stock spiked 21% after Sonos reported stronger-than-expected results for its fiscal fourth quarter. The company reported 15 cents in earnings per share and $339.8 million in revenue, with direct-to-consumer revenue up 67% year over year. Analysts surveyed by FactSet expected 2 cents in earnings per share and $298.7 million in revenue.
Sonos' forward guidance also topped estimates.— The retail stock rose more than 4% in extended trading after a better-than-expected third-quarter report. L Brands reported $1.13 in adjusted earnings per share and $3.06 billion in revenue. Analysts surveyed by Refinitiv had penciled in 9 cents per share and $2.67 billion in revenue. Comparable sales were up 4% for Victoria's Secret and 56% for Bath & Body Works.
Smithfield is way down, I hope WearAMask