Check out the companies making headlines before the bell:
Petco (WOOF) – The pet products retailer fell short of Street forecasts on both the top and bottom lines for its latest quarter, and cut its full year outlook as it faced higher costs. Petco shares fell 5.3% in the premarket.
Brinker International (EAT) – The parent of the Chili’s and Maggiano’s restaurant chains saw its stock slide 8.1% in premarket trading after it missed estimates with its quarterly earnings, impacted by higher costs. It also issued a lower than expected full-year outlook.
Nordstrom (JWN) – Nordstrom shares tumbled 13.2% in the premarket after the retailer cut its full year outlook, saying foot traffic had diminished at the end of its most recent quarter and that it was aggressively working to cut inventory levels. Nordstrom reported better than expected profit and revenue for its second quarter.
Toll Brothers (TOL) – Toll Brothers slid 2.6% in premarket trading after the luxury home builder cut its deliveries guidance for the year amid supply chain issues and labor shortages. For its most recent quarter, Toll Brothers reported better than expected earnings but saw revenue fall short of Street forecasts.
Bed Bath & Beyond (BBBY) – Bed Bath & Beyond surged 15.6% in premarket action after the Wall Street Journal reported that the housewares retailer had lined up financing to shore up its liquidity.
Urban Outfitters (URBN) – Urban Outfitters fell 2.8% in the premarket after the apparel retailer reported lower than expected quarterly profit. Urban Outfitters saw improved sales in its stores as customer traffic increased, but also reported a decline in digital sales.
La-Z-Boy (LZB) – La-Z-Boy shares staged a 6.6% premarket rally after the furniture retailer reported a better than expected quarter and issued an upbeat outlook. It issued cautious comments regarding the possible impact of macroeconomic uncertainty.
Advance Auto Parts (AAP) – Advance Auto Parts stumbled 6.5% in the premarket after missing analyst estimates on both the top and bottom lines for its latest quarter, as well as lowering its outlook. The auto parts retailer said inflation and higher fuel costs had a negative effect on its do-it-yourself business during the quarter.
Intuit (INTU) – Intuit jumped 5.8% in premarket trading after beating Street forecasts for quarterly profit and revenue and issuing an upbeat forecast. The provider of financial software also raised its quarterly dividend by 15% and increased its share buyback authorization.
Farfetch (FTCH) – The luxury e-commerce specialist’s stock soared 15.9% in premarket action, following its deal to buy 47.5% of online fashion retailer YNAP from Switzerland’s Richemont for more than 50 million Farfetch shares.
‘Thought I would die’ – Leeds star opens up on horror car crash & breaking NECK
A Look Inside Alameda – Sam Bankman-Fried’s Fallen Crypto Hedge Fund Investments Revealed Here
Majority of Dems rumored to be considering presidential run won’t commit to backing Biden in 2024
Disney Is Raising Its Prices by $3 a Month—Here’s How to Lock in a Lower Rate for the Next Year
Full video: Funeral for Det. Sgt. Frank Gualdino
Balenciaga campaign features book by Belgian Michael Borremans who is known for depicting naked kids
‘Wednesday’: Will Tyler Return if There’s a Season 2?
How to Channel Your Rage Into a Workout So You Actually Feel Better
The 2022 Family Office Software Roundup
Deck the Hall With the 15 Best Holiday Decor Deals From Cyber Week
ChatGPT’s Most Charming Trick Is Also Its Biggest Flaw
‘1000-lb Sisters’: Tammy Slaton’s Family Fears for Her Health in Sneak Peek at 2023 Season
CVR Energy To Explore Potential Spin-Off Of Its Nitrogen Fertilizer Business
Armed assault suspect arrested after barricading himself inside Cambridge home
A Recession Looms Over the Posh World of Influencers
Tech17 hours ago
Meta Oversight Board Says Facebook and Instagram Skirt Moderation Rules for Famous People
News19 hours ago
Why Bob Dylan Never Plays His Songs the Same, ‘My Records Were Never Perfect’
Finance24 hours ago
Elon Musk: The Silliest, Most Desperate Moves He’s Made At Twitter So Far
Auto21 hours ago
Watch 2022 Audi Q5 Sportback Ace The Moose Test Like A Boss
Lifestyle20 hours ago
K-Wave, Boys’ Love and New Streamers: As Asia TV Forum Returns in Person to a Changed Landscape, Here’s What to Expect
Auto18 hours ago
Mercedes-Benz Opens First EV-Only Dealership, And It’s Outside Germany
Auto21 hours ago
Watch A 480-HP Volvo 850 R Speed Down The Autobahn
Tech18 hours ago
Someone paid $95,000 for this pair of jeans recovered from 1857 shipwreck