GameStop Surges 5% on Increased Sales, American Eagle Slips 2.6%: Extended Trading Update

Companies Making Headlines in Extended Trading


The video game retailer, GameStop, experienced a surge of 5% in after-hours trading following an increase in sales for its latest quarter. GameStop reported a revenue of $1.164 billion in the second quarter, which is up from $1.136 billion in the same period last year.

American Eagle Outfitters

American Eagle Outfitters, a clothing retailer, saw a 2.6% decline in its stock after reporting second-quarter results. The company’s revenue reached $1.2 billion, meeting Wall Street estimates. However, American Eagle’s earnings surpassed expectations at 25 cents per share, compared to the predicted 16 cents per share.

Shares of dropped nearly 6% in extended trading as the company forecasted a larger-than-expected operating loss for the fiscal second quarter. expects an operating loss of $27 million to $40 million, while analysts anticipated a loss of $20.5 million. In the previous quarter, reported a loss of 9 cents per share, excluding items, on a revenue of $72.4 million, surpassing analysts’ predictions of a loss of 17 cents per share on a revenue of $71.6 million.

ChargePoint Holdings

ChargePoint Holdings’ stock declined by 10% after the company reported a fiscal second-quarter revenue miss. The electric vehicle charging infrastructure company recorded $150 million in revenue, falling short of the analysts’ forecast of $153 million. ChargePoint also announced a reduction in its global workforce by approximately 10%.

Verint Systems

The analytics company, Verint Systems, experienced a 13% drop in extended trading after missing earnings and revenue expectations in the second quarter. Verint posted adjusted earnings of 48 cents per share, while analysts predicted 57 cents per share. The company’s revenue reached $210.2 million, falling short of the estimated $57.4 million.

Dutch Bros

The drive-through coffee chain, Dutch Bros, saw a decrease of over 5% in after-hours trading following the announcement of a public offering of $300 million in shares of its Class A common stock.

— WS News Publishers’s Ethan Kraft and Darla Mercado contributed reporting.

Brice Foster
With over a decade of experience, Brice Foster is an accomplished journalist and digital media expert. In addition to his Master's in Digital Media from UC Berkeley, he also holds a Bachelor's in Journalism from USC. Brice has spent the past five years writing for WS News Publishers on a variety of topics, including technology, business, and international affairs.

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