Ulta Beauty, Big Lots, Autodesk, Workday and more


Ulta Beauty shop.

Scott Mlyn | CNBC

Find out which companies are making headlines Friday at noon.

Ulta Beauty – The beauty retailer jumped 10% after better-than-expected quarterly earnings and revenue. Ulta Beauty also shared better than expected outlook for the full year.

American Eagle – The stock fell 4.2% after the retailer posted weaker-than-expected quarterly revenue. American Eagle reported revenue of $1.055 billion versus Refinitiv’s consensus estimate of $1.142 billion.

Autodesk – Shares jumped nearly 9% after the software company reported earnings and revenue that beat analysts’ expectations. Autodesk reported total net revenue of $1.170 billion, higher than Refinitiv’s consensus estimate of $1.145 billion. The company’s earnings came in at $1.43 per share, beating expectations of 9 cents per share.

Jackpots – Shares fell 10% after the discounter reported a shortfall. Big Lots cited inflationary pressures while issuing a weaker forecast for the full year. The company’s same-store sales also fell more than expected.

Pinduoduo – Shares soared 10% after the Chinese e-commerce company announced quarterly results that beat expectations. Pinduoduo also reported 7% active buyers over the prior year period.

Dell – Shares of the computer company jumped 12.5% ​​after earnings and revenue beat expectations for the previous quarter. The computer hardware maker said it benefited from an increase in demand for desktop and laptop computers from business customers.

Red Robin – Shares of Red Robin Gourmet Burgers soared 19.6% after the restaurant chain beat revenue estimates and shared a lower-than-expected loss in the latest quarter. Same-store sales increased 19.7% year-over-year, beating StreetAccount’s forecast of 17%.

Marvell Technology – Shares jumped nearly 5% after the company reported earnings that beat expectations. Marvell Technology reported earnings of 52 cents per share on revenue of $1.447 billion. Analysts polled by Refinitiv had expected earnings of 51 cents per share on revenue of $1.427 billion.

Workday – Shares fell more than 6% after the human capital management company reported earnings below expectations. Workday reported earnings of 83 cents per share, which was below Refinitiv’s consensus estimate of 86 cents per share.

– CNBC’s Tanaya Macheel, Hannah Miao and Samantha Subin contributed reporting.


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