After-hours buzz: PIR, BBBY & more

Stock Market

Check out the companies making headlines after the bell:

Shares of Pier 1 Imports plummeted more than 15 percent in extended-hours trading after the retailer reported weak sales. The popular home decor company saw same-store sales drop 8.2 percent, compared with analyst expectations of 7.7 percent. Pier 1 also missed on revenue, reporting $371.9 million compared to analyst expectations of $375.6 million.

Bed Bath & Beyond tumbled nearly 6 percent in after-hours trading. The Union, New Jersey based company reported revenue of $2.75 billion, meeting analyst expectations. But same-store sales fell 0.6 percent, missing analyst estimates of 0.1 percent growth.

Shares of Madison Square Garden Company were up more than 9 percent in extended-hours trading. The popular sports and entertainment holding company announced on Wednesday that it would explore a possible spin-off to create a separate, public company for its sports franchises.

Products You May Like

Articles You May Like

Stocks making the biggest moves after hours: Nordstrom, Urban Outfitters, Pure Storage and more
Stocks making the biggest moves midday: Foot Locker, Autodesk, Intuit & more
Snap Q2 Preview: Will The Latest App Updates Bring Things Back On Track?
Cronos Stock Is Less Attractive Than Many Other Marijuana Names
Alibaba Stock Is an Obvious Buy After Stellar 2019 Results

Leave a Reply

Your email address will not be published. Required fields are marked *