A pair of protective mask-wearing pedestrians walks past a Lululemon shop in San Francisco, California on Monday, March 29, 2020.
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See which companies are making the headlines in after-hours trade.
Lululemon – Shares of athletic apparel company Lululemon shed 9% after it said that it sees a weaker fourth quarter than Wall Street analysts expected from the company. The third quarter was a disappointing one. Lululemon beat expectationsEarnings of $2.00 per Share and revenue of $1.86 Billion were reported by Refinitiv. Refinitiv polled analysts and found that they expected $1.97 earnings per share and $1.81 billion in revenue.
DocuSign – DocuSign jumped 16% after the company beat expectations on the top and bottom lines for the latest quarter. According to Refinitiv. The company reported adjusted earnings in the range of 57 cents per share for $645 million revenue, while Wall Street was expecting adjusted earnings in the range of 42 cents and revenue at $627 million.
Costco – Shares of retailer Costco slumped 1% after the company reported revenue that fell short of Wall Street’s expectations. Refinitiv analysts expected the company to report $54.44billion in revenue. However, Costco reported revenue of $54.44billion.
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