Macy's said it expects adjusted earnings per share between $2.70 and $3.20, adding it sees comparable store sales falling between 6% and 7.5%.
The company reported earnings of $4.56 per share, versus the $4.49 expected by analysts surveyed by Refinitiv.
AppLovin – The marketing stock rose 1.5% to a 52-week high following a Jefferies upgrade to buy from hold.
Zoom Video – Shares of the video communications platform lost about 2% even after the company posted better-than-expected second-quarter results.
Aramark — The food service stock rose about 2%.
Persons:
Dick's, Macy's, Lowe's, Charles Schwab —, Charles Schwab, AppLovin, Jefferies, Stephen Tusa, Emerson, AspenTech, Fabrinet, Seamus Grady, Aramark, —, Alex Harring, Yun Li, Hakyung Kim, Brian Evans, Michelle Fox, Sarah Min
Organizations:
Dick's, Goods, Revenue, Refinitiv . Revenue, Bloomberg, American Airlines –, American Airlines, Baidu, Microsoft, Activision, Activision PC, Jefferies, Emerson, JPMorgan, Garden, Bank of America, UBS
Locations:
Madison