This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXMPED2T082_M.jpg
Asana Inc (NYSE:ASAN) 20% HIGHER; reported Q2 EPS of ($0.34), $0.05 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $134.9 million versus the consensus estimate of $127.27 million. Asana, Inc. sees Q3 2023 EPS of ($0.33)-($0.32), versus the consensus of ($0.32). Asana, Inc. sees Q3 2023 revenue of $138.5-139.5 million, versus the consensus of $137.6 million. In addition, CEO Dustin Moskovitz bought $350 million in stock in a private placement.
American Eagle Outfitters (NYSE:AEO) 13% LOWER; reported Q3 EPS of $0.04, $0.10 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.2 billion. The company is pausing quarterly cash dividend to provide additional financial flexibility.
Torrid Holdings Inc (NYSE:CURV) 12% LOWER; reported Q2 EPS of $0.22, $0.02 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $340.9 million versus the consensus estimate of $340.77 million. Torrid Holdings Inc. sees Q3 2022 revenue of $290-305 million, versus the consensus of $306.8 million. Torrid Holdings Inc. sees FY2022 revenue of $1.26-1.3 billion, versus the consensus of $1.31 billion.
GameStop (NYSE:GME) 11% HIGHER; GameStop reported Q2 EPS of ($0.36), $0.06 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.27 billion. Also, announced that it has entered into a partnership with FTX US.
Wayfair Inc. (NYSE:W) 7% LOWER; intends to offer $600 million aggregate principal amount of convertible senior notes due 2027 (the notes) in a private offering (the offering) to qualified institutional buyers.
McCormick & Company, Incorporated (NYSE:MKC) 4% LOWER; warns for Q3, sees EPS of $0.65 versus the consensus of $0.83. Sales are expected to increase by approximately 3%.
