After-Hours Stock Movers:
Hewlett Packard Enterprise (NYSE:HPE) rose 2.75% after reporting a solid third quarter. Non-GAAP was $0.58, up 12% from the prior-year period and up 16% sequentially, above the guidance range of $0.52 to $0.57
lululemon athletica (NASDAQ:LULU) rose 6% after reporting strong third quarter results and guidance. Comparable sales increased 4%, or 3% on a constant dollar basis.
Ulta Beauty (NASDAQ:ULTA) climbed 10% after telling investors comps were positive in the third quarter. Comparable sales increased 0.6% compared to an increase of 4.5%, driven by a 0.5% increase in transactions and a 0.1% increase in average ticket. Consensus was for a comp decline of 1.87%.
Docusign (DOCU) rose 16% after easily beating analysts’ estimates. For the third quarter it posted adjusted earnings per share of $0.90, surpassing analysts’ estimates of $0.87. Revenue came in at $754.8 million, above the consensus forecast of $745.26 million.
Rubrik (RBRK) rose 15% after reporting strong results. Subscription ARR grew 38% year-over-year to $1,002.3 million.
Asana (ASAN) gained 17% after providing strong guidance. For the fourth quarter of fiscal 2025, Asana expects revenues of $187.5 million to $188.5 million, representing year over year growth of 10%.
Smith & Wesson Brands (SWBI) fell 7% after missing estimates on the top and bottom line.
