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Chewy, HP, CrowdStrike and more

by Euro Times
August 31, 2022
in Stock Market
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Chewy CEO Sumit Singh (C) rings the opening bell to begin the day’s buying and selling for the Chewy Inc. IPO on the New York Inventory Alternate (NYSE), June 14, 2019.

Andrew Kelly | Reuters

Try the businesses making headlines after the bell: 

Chewy — Chewy shares slumped 8% after hours as the corporate missed Wall Avenue’s income estimates for the latest quarter and shared a disappointing forecast for the present interval and full yr. The net pet retailer additionally shared a shock earnings beat of 5 cents a share.

PVH — Shares of the attire firm and proprietor of Calvin Klein slipped greater than 3% in prolonged buying and selling after income for the latest quarter fell wanting Wall Avenue’s estimates. PVH additionally stated it is reducing 10% of its workforce in international workplaces and shared a weak outlook forward.

HP — The laptop computer maker’s inventory fell almost 3% in prolonged buying and selling after the corporate reported disappointing income. Analysts had anticipated it to earn $1.04 per share on $15.74 billion in income. Whereas its adjusted earnings hit that focus on, income of $14.66 billion fell quick.

CrowdStrike — Crowdstrike shares had been barely decrease in prolonged buying and selling regardless of the corporate’s sharing sturdy steerage for the third quarter and full yr. The cloud-based cybersecurity firm additionally beat expectations for the latest quarter on the highest and backside strains.



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