After the bell, several companies made headlines for their stock movements and financial updates. Boot Barn, a western apparel and footwear retailer, saw its stock fall 7% after issuing guidance for the full year that fell short of expectations. The company reported quarterly earnings that beat estimates on both the top and bottom lines but projected earnings for the year to range between $4.55 and $4.85 per share, below a FactSet estimate of $5.16 per share. Nextracker, a solar technology company, experienced an 8% increase in its stock price after reporting revenue of $737 million for the fiscal fourth quarter, beating an LSEG estimate of $682 million. The company also issued full-year revenue guidance that was in line with expectations.
Nu Holdings, a Brazil-based digital banking platform, saw its stock inch roughly 1% higher after reporting first-quarter adjusted net income and revenue that exceeded estimates. Revenue came in at $2.7 billion, surpassing a FactSet consensus estimate of $2.16 billion. On the other hand, dLocal, a Uruguayan financial technology company, saw its stock decline more than 18% following disappointing quarterly results. The company reported earnings of 6 cents per share on $184.4 million in revenue, falling short of analysts’ expectations for earnings of 12 cents per share on $189.8 million in revenue.
Prestige Consumer Healthcare, the maker of Dramamine and Clear Eyes, saw its stock drop 7% after issuing weak guidance for the full year. The company forecasted full-year earnings to range between $4.40 and $4.46 per share, while analysts had expected $4.65 per share. Fiscal fourth-quarter adjusted earnings and revenue also fell below consensus estimates. Overall, these companies experienced notable movements in their stock prices and financial performance after hours, reflecting the impact of their earnings reports and guidance updates on investor sentiment.
In summary, Boot Barn, Nextracker, Nu Holdings, dLocal, and Prestige Consumer Healthcare were among the companies making headlines after the bell. Boot Barn’s stock slid 7% after issuing light revenue and earnings guidance for the full year, while Nextracker’s stock popped 8% following strong quarterly results and in-line revenue guidance. Nu Holdings saw its stock edge higher after reporting better-than-expected first-quarter adjusted net income and revenue. In contrast, dLocal’s stock sank more than 18% on disappointing quarterly results. Lastly, Prestige Consumer Healthcare’s stock fell 7% after the company issued weak guidance for full-year earnings and reported fiscal fourth-quarter results that missed consensus estimates.
