After-Hours Movers: HPE, lululemon, Ulta Beauty, Docusign, and More
After Hours Stock Movements: Hewlett Packard Enterprise (NYSE:HPE) rose by 2.75% following a strong third-quarter report. The non-GAAP earnings came in at $0.58, which represents a 12% increase compared to the same period last year and a 16% increase compared to the previous quarter, surpassing the expected range of $0.52 to $0.57.
lululemon athletica (NASDAQ:LULU) saw a 6% increase after announcing strong third-quarter results and guidance. Comparable sales increased by 4%, with a 3% increase on a constant currency basis.
Ulta Beauty (NASDAQ:ULTA) surged 10% after informing investors that comparable sales were positive in the third quarter. Comparable sales rose by 0.6%, driven by a 0.5% increase in transaction volume and a 0.1% increase in average basket size. Although this represents a lower increase compared to the 4.5% growth in the same period last year, it exceeded the expected decline of 1.87%.
Docusign (DOCU) jumped 16% after easily surpassing analysts' estimates. The company reported adjusted earnings of $0.90 per share for the third quarter, above analysts’ forecast of $0.87. Revenue was $754.8 million, exceeding the consensus expectation of $745.26 million.
Rubrik (RBRK) rose 15% after announcing strong results. Subscription-based annual recurring revenue (ARR) increased by 38% year-over-year to $1,002.3 million.
Asana (ASAN) gained 17% following a strong forecast. The company anticipates revenue between $187.5 million and $188.5 million for the fourth quarter of fiscal 2025, indicating a 10% year-over-year growth.
Smith & Wesson Brands (SWBI) fell 7% after failing to meet both revenue and profit estimates.