Ulta Beauty Store.
Scott Millin | CNBC
Take a look at the companies making headlines in Friday’s afternoon trading.
upside down beauty –The beauty retailer grew 10% after better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year.
American Eagle — The stock dropped 4.2% after the retailer posted weaker-than-expected quarterly revenue. American Eagle reported $1.055 billion in revenue, while the Refinitiv consensus estimate was $1.142 billion.
Autodesk — Shares rose nearly 9% after the software company reported earnings and revenue, which beat analyst expectations. Autodesk reported total net revenue of $1.170 billion, which was better than the Refinitiv consensus estimate of $1.145 billion. The company’s earnings came in at $1.43 per share, beating expectations by 9 cents per share.
Big Lots — Shares fell 10% after the discounter reported a reduction in earnings. Big Lots issued weak full-year guidance, citing inflationary pressures. The company’s comparable-store sales also fell more than expected.
pinduoduo Shares rose 10% after the Chinese e-commerce company reported quarterly results that exceeded expectations. Pinduoduo also reported a 7% increase in active buyers from the year-ago period.
Ditch Shares of the IT company rose 12.5% after better-than-expected profit and revenue for the previous quarter. The computer hardware maker said it has benefited from a surge in demand for desktop and laptop computers by commercial customers.
red lace Shares of Red Robin Gourmet Burger rose 19.6% after beating the restaurant chain on revenue estimates and posted a lower-than-expected loss in the most recent quarter. Comparable-store sales grew 19.7% year over year, beating StreetAccount’s forecast of 17%.
Marvel Technology — Shares jumped nearly 5% after the company reported earnings that beat expectations. Marvell Technology reported earnings of 52 cents per share on revenue of $1.447 billion. Analysts polled by Refinitiv were expecting earnings of 51 cents per share on revenue of $1.427 billion.
working day Shares fell more than 6% after Human Capital Management Company reported lower-than-expected earnings. Workday reported earnings of 83 cents per share, well short of the Refinitiv consensus estimate of 86 cents per share.
— CNBC’s Tanaya Machiel, Hannah Miao and Samantha Subin contributed reporting.