Stocks making the biggest moves after the bell: Rite Aid, RH & more

Pedestrians cross a road in entrance of a Rite Aid retailer in Oakland, California.

David Paul Morris | Bloomberg | Getty Images

Check out the firms making headlines after the bell on Wednesday:

KB Home – Shares of the homebuilding firm slid 3% after the firm reported combined fiscal first-quarter outcomes. KB dwelling reported earnings per share of $1.02 on income of $1.14 billion. Analysts polled by Refinitiv anticipated earnings per share of 92 cents on income of $1.21 billion.

RH – The furnishings retailer’s inventory popped 8% after the firm posted fourth-quarter outcomes that topped analyst expectations. RH posted earnings per share of $5.07 on income of $813 million. Analysts surveyed by Refinitiv predicted earnings per share of $4.76 on income of $798 million.

Rite Aid – Rite Aid shares plunged 16% on the information that the firm lower its fiscal 2021 EBITDA. The firm expects full-year EBITDA to vary between $425 million and $435 million. That’s down from a earlier steerage of $490 million to $520 million. Rite Aid added {that a} weak flu season damage its same-store gross sales for the earlier quarter.

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Written by Business Boy


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