Six Flags, Canada Goose, Warby Parker and more

Check out the companies making headlines before the bell:

Six Flags ( SIX ) — Shares of the theme park operator fell 12.8% in premarket trading after its quarterly profit and revenue fell well short of Wall Street forecasts. Six Flags saw its bottom line hurt by a 22% drop in attendance, among other factors.

Canada Goose ( GOOS ) — The outdoor apparel maker reported a smaller-than-expected quarterly loss on revenue that beat analysts’ forecasts. Canada Goose is the latest luxury retailer to see its high-end consumers maintain their spending levels. Shares rose 2.4% in premarket trading.

Warby Parker ( WRBY ) — The eyewear retailer reported a smaller-than-expected quarterly loss, with sales that beat estimates. The number of active customers increased by 8.7% compared to the previous year.

Utz Brands ( UTZ ) — Shares of the savory snack maker rose 8.2% in premarket after reporting better-than-expected quarterly profit and revenue and raising its sales outlook for throughout the year.

Cardinal Health (CAH) – Cardinal Health fell 1% in premarket after reporting a mixed quarter, with the pharmaceutical distributor’s earnings beating Street forecasts while revenue fell short of estimates. Cardinal Health also announced that CEO Mike Kaufmann will step down on September 1, to be succeeded by Chief Financial Officer Jason Hollar.

Walt Disney ( DIS ) : Disney rose 8.9% in premarket after reporting better-than-expected quarterly earnings and announcing a Dec. 8 launch date for a version of its streaming service Disney+ is ad-supported. It also announced that it would raise the price of its ad-free service to $10.99 a month from $7.99.

Sonos ( SONO ): Sonos skidded 17.6% in premarket after its balance sheet quarter surprised analysts, who expected a profit. Revenue was also well below Wall Street forecasts, with the company cutting its full-year forecast amid economic challenges. The high-end speaker maker also announced the departure of CFO Brittany Bagley effective September 1.

Bumble (BMBL): Bumble fell 8.9% in premarket trading after the dating services operator cut its full-year revenue forecast. Bumble faces stiff competition from rivals such as Tinder parent Match Group (MTCH) and its dating app Badoo, which is popular in Western Europe, has been affected by the war in Ukraine.

Vacasa ( VCSA ) – Vacasa jumped 24.7% in premarket action after the vacation rental service provider raised its full-year outlook amid increased demand. Vacasa also posted a surprise quarterly profit.

Vizio ( VZIO ) — Vizio gained 2% in premarket trading after the maker of smart TVs and other consumer entertainment gear reported a surprise profit in its latest quarter, with revenue average per user 54% more than a year earlier.


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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!