A pedestrian walks past an American multinational sportswear brand, Nike store and the logo on display in Hong Kong.
Budrul Chukrut | SOPA images | LightRocket | Getty images
Check out the companies making headlines on Thursday after the bell:
FedEx – Shares of the delivery service rallied 3.6% after the company announced third-quarter fiscal results that exceed analyst expectations. FedEx posted earnings per share of $ 3.47 on revenues of $ 21.51 billion. Analysts polled by Refinitiv expected earnings per share of $ 3.23 on revenue of $ 19.97 billion. The company said its strong results were in part due to an “unprecedented” holiday season.
Hims & Hers Health – Shares of the telehealth company fell 2.6% after Hims & Hers released its fourth quarter results. Hims reported a loss of 7 cents a share on sales of $ 41.5 million. There were too few estimates to compare with analyst predictions.
Nike – Nike inventory declined 2.4% after the company posted mixed third-quarter fiscal results as inventory delays and store closings impacted sales. Nike recorded an earnings per share of 90 cents on sales of $ 10.36 billion. Analysts polled by Refinitiv expected earnings per share of 76 cents on revenue of $ 11.02 billion.
Sarepta Therapeutics – Sarepta shares fell 8.4% after the biopharmaceutical company published new research results for the treatment of limb and girdle muscular dystrophy. Sarepta said, “Participants showed continued improvements from baseline for all functional measures.”