\n
Check out the companies making headlines before the bell. Chewy \u2014 The pet retailer stock advanced more than 2% on an upgrade from Piper Sandler to outperform from neutral. Piper Sandler believes gross margin expansion and efficiency gains are upside catalysts for the stock. Peloton \u2014 Shares of the connected fitness company slid about 2.4%, a day after Peloton popped roughly 35% on strong quarterly results that reflected a return to sales growth for the first time in nine quarters as it slashed its costs. Peloton gave a mixed outlook for the year ahead. JPMorgan also downgraded the stock after Thursday’s rally. Warby Parker \u2014 The glasses retailer jumped 6% after JMP Securities upgraded shares to outperform from market perform. The firm forecasts more constructive commentary from Warby Parker’s management in the quarters ahead. Las Vegas Sands \u2014 Shares of the casino and resort company slipped 1.6% following a downgrade to neutral from buy at UBS. The investment firm cited ongoing challenges in the Macau segment recovery. BJ’s Wholesale Club \u2014 The wholesale retailer rose more than 1% on an upgrade to overweight from equal weight by Wells Fargo. The bank believes the company’s strategic shifts point toward fundamental progress despite disappointing second-quarter results. Bill.com \u2014 Shares of the packaged software company rose 3% after a stronger-than-expected report for the firm’s fiscal fourth quarter. Bill.com reported 57 cents in adjusted earnings per share on $344 million of revenue. Analysts surveyed by LSEG were looking for 46 cents per share on $328 million of revenue. The company also announced a $300 million stock buyback plan. Ross Stores \u2014 Shares of the off-price retailer rallied more than 5%. The company topped earnings estimates by 9 cents a share and matched revenue estimates of $5.25 billion. Workday \u2014 The human capital management company rallied 12.7% on better-than-expected results for the fiscal fourth quarter. Workday posted adjusted earnings per share of $1.75 on $2.09 billion in revenue. Analysts polled by LSEG had forecasted $1.65 earnings per share and revenue of $2.07 billion. \u2014 CNBC’s Samantha Subin, Jesse Pound and Pia Singh contributed reporting<\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":"
Check out the companies making headlines before the bell. Chewy \u2014 The pet retailer stock advanced more than 2% on an upgrade from Piper Sandler to outperform from neutral. Piper Sandler believes gross margin expansion and efficiency gains are upside catalysts for the stock. Peloton \u2014 Shares of the connected fitness company slid about 2.4%,…<\/p>\n","protected":false},"author":1,"featured_media":87632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-87631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n
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