After-hours movers: Lumentum falls on lower guidance, Costco down as comps fall

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Lumentum Holdings Inc (NASDAQ:LITE) 9% LOWER; For the fiscal third quarter 2023, revenue is now expected to be in the range of $380 to $384 million, compared to the company’s previous expectation of $430 to $460M. The company also raised its buyback to $1.2 billion.

Costco (Nasdaq: NASDAQ:COST) 2% LOWER; U.S. comps fell 1.5% in March.