Gainers
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Gap Inc (NYSE: GPS) shares are soaring 16
percent after announcing the company is splitting
into two independent publicly traded companies. Gap also reported a fourth-quarter earnings beat, with adjusted
earnings coming in at 71 cents per share, beating estimates by 2 cents. Sales came in at $4.623 billion, missing estimates by
$77 million.
-
Funko Inc (NASDAQ: FNKO) shares are up
13 percent after reporting a fourth-quarter earnings and sales beat. Adjusted earnings came in at 44 cents per share, beating
estimates by 10 cents. Sales came in at $233.2 million, beating estimates by $35.2 million.
-
Habit Restaurants Inc (NASDAQ: HABT)
shares are up 7 percent after reporting a fourth-quarter earnings beat. Earnings came in at 3 cents per share, beating
estimates by 5 cents. Sales came in at $102.7 million, beating estimates by $2.7 million.
-
Nordstrom, Inc. (NYSE: JWN) shares are up
5 percent after reporting a fourth-quarter earnings beat. Adjusted earnings came in at $1.48, beating estimates by 5 cents.
Sales came in at $4.484 billion, missing estimates by $126 million.
Losers
-
Nutanix Inc (NASDAQ: NTNX) shares are
down 24 percent after reporting weak guidance despite delivering a second-quarter earnings beat. Earnings came in at $(0.14),
beating estimates by 11 cents.
-
Pure Storage Inc (NYSE: PSTG) shares are
down 7 percent after reporting a fourth-quarter earnings and sales miss. Adjusted earnings came in at 14 cents per share,
missing estimates by 4 cents. Sales came in at $422.2 million, missing estimates by $21.19 million.
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