News Formal

DocuSign's shares rise after earnings, while Hooker Furnishings' stock drops and other movers

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Smith & Wesson Brands' shares gained after the gunmaker reported a big jump in sales, while Kroger's stock fell back on weaker-than-expected sales.

Shares of Smartsheet Inc. SMAR, -0.84% gained more than 6% after the company reported revenue and earnings that topped analyst estimates, and forecast strong sales for its fiscal year.

DocuSign Inc.’s shares DOCU, -1.23% rose nearly 3% after the e-signature company topped earnings expectations and hiked its guidance amid continued tight business spending. Firearms maker Smith & Wesson Brands Inc. SWBI, -3.04% reported a 35% jump in quarterly sales, and shares rose more than 12%.Kroger Co.’s stock KR, +0.82% dropped 1.9% in premarket trades after the supermarket giant said its second-quarter sales fell 2.2% to $33.85 billion, below the FactSet consensus estimate of $34.1 billion. Kroger also said it’s selling more than 400 stores to C&S Wholesale Grocers for about $1.9 billion as part of its pending merger with Albertsons Cos. ACI, +0.09%.

Hooker Furnishings Corp.’s HOFT, +0.61% shares fell 13% in premarket trading after the maker of furniture and home-decoration products reported downbeat fiscal second-quarter results. Shares of RH RH, -1.28%, the furniture retailer formerly known as Restoration Hardware, dropped more than 8% after the company warned that the higher-end housing market that the company depends on would likely remain rocky.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hooker Furnishings’ stock tumbles toward worst day in 4 years as earnings hurt by retailers selling through ‘over-inventoried’ furnishingsShares of Hooker Furnishings Corp. plunged 18% in light premarket trading Friday, putting them on track for the worst one-day performance since June 2019,...
Source: MarketWatch - 🏆 3. / 97 Read more »

DocuSign’s stock rises after earnings beat and hike in outlookDocuSign shares rose after hours Thursday after the e-signature company beat on earnings and hiked its outlook for the year.
Source: MarketWatch - 🏆 3. / 97 Read more »

DocuSign stock rises after earnings beat and raised outlook, despite macro pressuresDocuSign shares rose after hours Thursday after the e-signature company beat on earnings and hiked its outlook for the year.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: DocuSign, Smartsheet, Planet Labs and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »

These Stocks Are Moving the Most Today: DocuSign, Apple, Smartsheet, Guidewire Software, RH, and MoreDocuSign raises its revenue forecast for the fiscal year, Apple stock rises after two days of losses, Smartsheet's adjusted earnings top estimates, and RH...
Source: MarketWatch - 🏆 3. / 97 Read more »