Check out the companies making headlines in midday trading. Rubrik — The data management stock surged 25% after fourth-quarter results surpassed analyst expectations. Rubrik lost 18 cents per share, narrower than the consensus forecast for a loss of 39 cents from analysts polled by LSEG. The California-based firm posted $258 million in revenue, which also…
Check out the companies making headlines before the bell. Rubrik — The data management stock popped 18.5%. Rubrik beat Wall Street’s expectations, posting an adjusted loss of 18 cents per share for its fourth quarter, which was narrower than the 39 cent loss expected from analysts polled by LSEG. The company also reported $258 million…
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called “consumer uncertainty.” The retailer, which appointed Kecia Steelman as its new CEO in January, said it’s expecting comparable sales to be flat or grow 1% in 2025, while analysts had…
Check out the companies making headlines in extended trading. Ulta Beauty — Shares of the beauty retailer popped 7% after the company exceeded expectations for the fourth quarter. Ulta earned $8.46 per share on revenue of $3.49 billion, while analysts anticipated $7.12 per share and $3.46 billion in revenue. Guidance for the full year was…
An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in New York City. Spencer Platt | Getty Images Several beauty stocks posted major losses this week, as companies such as E.l.f. Beauty and Estee Lauder reported disappointing earnings and cut guidance. E.l.f. closed out its…
Check out the companies making headlines before the bell. Apple — Shares slipped nearly 2% after Jefferies downgraded the iPhone maker to an underperform rating from hold. Analyst Edison Lee called its AI outlook “subdued” and expects Apple to miss its fiscal first-quarter revenue growth forecast of 5% when reporting earnings later this month. Qorvo…
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022. Carlo Allegri | Reuters Ulta Beauty CEO Dave Kimbell is retiring and will be succeeded by the retailer’s chief operating officer, Kecia Steelman, the company announced Monday. Ulta said in a news release that the leadership…
