Market Overview

Thursday's After-Hours Movers: Zumiez, Puma Biotech, Finisar And More


Shares of Zumiez Inc. (NASDAQ: ZUMZ) fell 3.56 percent on Thursday and another 18 percent after hours following its earnings call.

The small-cap multi-channel specialty retailer reported Q2 earnings of $0.12 per share on revenue of $179.82 million, in line with the Street’s consensus, but below guidance, which called for EPS in the $0.13 to $0.16 range.

Restoration Hardware Holdings Inc (NYSE: RH) also reported its Q2 financial results after the market closed. After the bell, shares continued to fall an extra 2.3 percent. The company delivered earnings of $0.83 per share, in line with the Street’s consensus and management’s guidance, on revenue of $506.9 million which surpassed estimates.

Another stock moving on its earnings report is Finisar Corporation (NASDAQ: FNSR), which has lost almost 8 percent since the bell rang. The small-cap provider of optical subsystems and components missed earnings and guidance expectations. Chief Executive Officer Eitan Gertel announced his resignation.

Another big loser on Thursday afternoon is Cherokee Inc (NASDAQ: CHKE), down more than 20 percent in after-hours trading after the company missed Q2 earnings forecasts.

Opposite is the case of Puma Biotechnology Inc (NYSE: PBYI), up more than 6.7 percent after announcing “a publication in the September 2015 issue of the Journal of the National Comprehensive Cancer Network describes that a patient with HER2 non-amplified (HER2-negative) metastatic breast cancer who also had a HER2 activating mutation was successfully treated with PB272 (neratinib)."

Posted-In: Eitan Gertel HER2Earnings News After-Hours Center Movers


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