Pedestrians walk past an Ulta Beauty store in New York.
Gabby Jones | Bloomberg | Getty Images
Check out the companies that make headlines after the bell on Thursday:
Ulta Beauty – The shares of the cosmetics retailer fell by about 7% on the news that CEO Mary Dillon will resign in June, and the company’s president Dave Kimbell will take her place. Ulta exceeded Wall Street’s revenue and revenue estimates, but net sales fell 4.6% from the fourth quarter of 2019, partly due to the pandemic blockade and declining cosmetic sales. Ulta posted earnings per share of $ 3.41 to $ 2.20 billion in revenue. Analysts surveyed by Refinitiv expected earnings per share of $ 2.35 on revenue of $ 2.08 billion.
DocuSign – DocuSign shares fell more than 4%, despite the fact that the company reported fourth-quarter results that exceeded analysts’ expectations. The company reported earnings per share of 37 cents on revenue of $ 430.9 million. Analysts surveyed by Refinitiv expected earnings per share of 22 cents on revenue of $ 407.6 million.
Poshmark – The e-commerce company’s shares fell about 13% after Poshmark revealed a weaker-than-expected sales orientation for the current quarter in the company’s first quarterly results since entering the market. CNBC does not compare earnings per share results with estimates for a company’s first report after it went public. Poshmark posted revenue of $ 69.3 million for the fourth quarter. Analysts surveyed by Refinitiv expected $ 68 million in revenue.
Funko – The shares of the toy company increased by 9% after the company recorded better results than expected for the fourth quarter. Funko saw sales growth due to key product lines such as “The Mandalorian,” “Harry Potter” and “Marvel Comics,” the company said. The toy company posted earnings per share of 29 cents on revenue of $ 226.5 million. Analysts surveyed by Refinitiv expected earnings per share of 14 cents on revenue of $ 195.7 million.