div > div.group > p:first-child"> Shares of Lululemon surged more than 9 percent in extended trading Wednesday following the release of the retailer's strong fourth-quarter earnings and positive guidance. Beating on the top and bottom lines, the yoga pants maker reported earnings per share of $1.85 on revenue of $1.167 billion. Wall Street estimated earnings per share of $1.74 on revenue of $1.151 billion, according to Refinitiv.
Shares of PVH soared as much as 11 percent after the clothing company reported fourth-quarter earnings that beat analysts' estimates. PVH reported revenue of $2.48 billion, beating estimates of $2.41 billion. Earnings per share were $1.84, compared to the $1.76 forecast by analysts surveyed by Refinitiv.
Five Below shares ticked higher after market close Wednesday after better-than-expected fourth-quarter earnings. The company reported earnings per share of $1.59, topping Refinitiv estimates of $1.58 a share. Revenue came in at $602.7 million, higher than the expected $601.5 million.
Source: News Formal (newsformal.com)
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