Noam Galai | Getty Pictures Leisure | Getty PicturesListed below are the shares making headlines after the bell.AMC Leisure — Shares of the movie s
Noam Galai | Getty Pictures Leisure | Getty Pictures
Listed below are the shares making headlines after the bell.
AMC Leisure — Shares of the movie show chain had been buying and selling over 9% increased after the corporate introduced that it will open an roughly 140 further theaters by Sept. 4, bringing the variety of its theaters open to about 70%. These places embrace its first theaters in California to reopen because the Covid-19 pandemic led to widespread closures. That timeline permits for viewers to see Warner Brothers’ “Tenet,” a extremely anticipated film that makes its U.S. debut this weekend.
At Residence Group — Shares of the Residence Decor retailer slid greater than 12% after the corporate reported decrease than anticipated income for its second quarter. At Residence mentioned it earned $1.41 in adjusted earnings per share on $512.5 million of income. Analysts surveyed by FactSet had been in search of $1.31 in earnings per share and $515 million in income. At Residence additionally didn’t give ahead steerage, citing uncertainties attributable to the pandemic.
Shoe Carnival — The retail inventory dropped sharply in prolonged buying and selling, dropping greater than 15% after the shoe firm reported slower than anticipated similar retailer gross sales progress for its second quarter. Shoe Carnival mentioned comparable gross sales grew by 12.6% throughout the interval for whole internet gross sales of $300.eight million. Wall Avenue analysts had been in search of 16.5% progress and $310.5 million in internet gross sales, in keeping with FactSet. The inventory, which has a market cap of roughly $500 million, had risen by greater than 30% since Aug. 21.
Jamf Holding Corp. — Shares of the knowledge expertise firm dropped 7% after Jamf reported weaker-than-expected earnings for its second quarter. The corporate reported adjusted earnings of 5 cents per share, two cents beneath what analysts had been in search of, in keeping with FactSet. This was the corporate’s first quarterly report since its preliminary public providing on July 22.