Tapestry, Yeti, Cerebras among stocks moving premarket on earnings

Earnings
โดย CNBC·US·Read original
Summary · why it matters

Several companies saw significant premarket moves following their latest earnings reports. Tapestry dropped 7% after fiscal fourth-quarter revenue of $1.88 billion only slightly exceeded estimates, while Yeti slipped nearly 4% despite beating earnings expectations. Cerebras Systems tumbled nearly 18% after second-quarter revenue of $180 million missed the $194 million LSEG consensus, and StubHub lost almost 17% on weaker-than-expected adjusted gross margin. Birkenstock jumped 10% on better-than-expected quarterly results and raised full-year guidance, while EnerSys gained 13% after earnings and revenue topped Wall Street forecasts. Grocery Outlet rose 9% and Jack in the Box added more than 6% on earnings beats.

Impact on stocks 13

Consumer Discretionary± Mixed · 6 stocks
Tapestry Inc
TPR
▼ NegativeCapitalrelevance

Fiscal Q4 revenue only slightly beat estimates, causing shares to drop 7%.

YETI Holdings Inc
YETI
▼ NegativeCapitalrelevance

Despite beating earnings expectations, shares slipped nearly 4%.

Artificial Intelligence▼ · 2 stocks
Electrification & Mobility▲ · 1 stocks
Enersys
ENS
▲ PositiveCapitalrelevance

Earnings and revenue topped Wall Street forecasts

Consumer Staples▲ · 1 stocks
Communication Services▼ · 1 stocks
Digital Finance & Tokenization▲ · 1 stocks
Cybersecurity & Digital Trust▲ · 1 stocks
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