Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019.
Andrew Kelly | Reuters
Check out the companies making headlines after the bell:
Chewy — Chewy shares slumped 8% after hours as the company missed Wall Street’s revenue estimates for the recent quarter and shared a disappointing forecast for the current period and full year. The online pet retailer also shared a surprise earnings beat of 5 cents a share.
PVH — Shares of the apparel company and owner of Calvin Klein slipped more than 3% in extended trading after revenue for the recent quarter fell short of Wall Street’s estimates. PVH also said it’s cutting 10% of its workforce in global offices and shared a weak outlook ahead.
HP — The laptop maker’s stock fell nearly 3% in extended trading after the company reported disappointing revenue. Analysts had expected it to earn $1.04 per share on $15.74 billion in revenue. While its adjusted earnings hit that target, revenue of $14.66 billion fell short.
CrowdStrike — Crowdstrike shares were slightly lower in extended trading despite the company’s sharing strong guidance for the third quarter and full year. The cloud-based cybersecurity company also beat expectations for the recent quarter on the top and bottom lines.
Source: https://www.cnbc.com/2022/08/30/stocks-making-the-biggest-moves-after-hours-chewy-hp-crowdstrike-and-more.html