Finance News

Shares Making the Greatest Strikes After Hours Closed: Lululemon, Boston Beer, GameStop & Extra

Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California on Monday, March 29, 2021.

David Paul Morris | Bloomberg | Getty Images

Check out the companies that are making headlines after the bell:

Lululemon – The sports retailer's shares rose more than 10% in after-hours trading Wednesday after reporting second-quarter earnings and sales that exceeded analysts' expectations. The retailer also offered better than expected outlook for the third quarter and year.

Boston Beer – Shares in the alcoholic beverage maker fell 9% in after-hours trading Wednesday after pulling back their earnings forecast amid slowing growth for the Hard Seltzer brand. "The company now expects hard Seltzer inventory write-offs, deficit fees to be paid to third-party brewers, and other costs that will be expensed in the remainder of fiscal 2021," the company said in a press release.

RH – The furniture retailer's shares rose 3% in expanded trading on Wednesday after breaking the top and bottom lines of quarterly results. RH earned $ 8.48 per share, beating estimates of $ 6.48 per share, according to Refinitiv. Sales of $ 989 million were above expectations of $ 975.4 million.

GameStop – The stationary video game retailer's shares plunged 2% after the bell on Wednesday after reporting a loss of 76 cents a share. The company reported sales of $ 1.8 billion. EPS and sales were not comparable to estimates.

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