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Lululemon, Johnson Outdoors And 3 Stocks To Watch Heading Into Friday

Published 08/12/2023, 08:27
Updated 08/12/2023, 09:40
© Reuters.  Lululemon, Johnson Outdoors And 3 Stocks To Watch Heading Into Friday
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Benzinga - by Avi Kapoor, Benzinga Staff Writer.

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Johnson Outdoors Inc. (NASDAQ: JOUT) to report a quarterly loss at 32 cents per share on revenue of $121.03 million before the opening bell. Johnson Outdoors shares fell 2.5% to $53.09 in after-hours trading.
  • Broadcom Inc. (NASDAQ: AVGO) reported upbeat earnings for its fourth quarter and increased its quarterly dividend by 14% to $5.25. The company also said it sees full-year 2024 revenue of approximately $50 billion. Broadcom shares fell 0.6% to $917.00 in the after-hours trading session.
  • Analysts expect Hello Group Inc. (NASDAQ: MOMO) to earn 35 cents per share on revenue of $417.20 million before the opening bell. Hello Group shares gained 2.3% to $6.72 in the after-hours trading session.

  • Lululemon Athletica Inc (NASDAQ: LULU) reported upbeat results for its third quarter but issued a weak sales outlook for the current quarter. Lululemon shares fell 2.7% to $452.20 in the after-hours trading session.
  • RH (NYSE: RH) posted an unexpected loss for its third quarter, while sales missed estimates. RH shares dipped 9.1% to $255.90 in the after-hours trading session.

Check This Out: Insiders Buying Dave And 2 Other Stocks

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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