Check out the companies making headlines in midday trading. Lululemon – The athleisure retailer soared more than 18% after topping Wall Street's estimates for the fiscal third quarter and issuing in-line guidance for the holiday season. Petco – Shares jumped more than 16.7% after the pet retailer reported a smaller-than-expected loss for the third quarter. Petco recorded lost 2 cents per share. Analysts had anticipated a loss of 4 cents per share, according to LSEG.
8% after the company posted a smaller-than-expected loss in the third quarter. Rubrik reported losses of 21 cents per share, while analysts' estimates had called for a loss of 40 cents per share, according to LSEG. The company also beat revenue expectations, posting $236 million in revenue compared to the consensus estimate of $218 million. Samsara – Shares of the software company fell 5% lower after issuing lukewarm guidance for the fourth quarter.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »