Pedestrians pass in front of an Ulta Beauty store in New York.
Gabby Jones | Bloomberg | Getty Images
Check out the companies that make news after Thursday’s bell:
Ulta Beauty: The beauty retailer’s shares fell about 7% on news that CEO Mary Dillon will resign in June, and company president Dave Kimbell will take his place. Ulta exceeded Wall Street estimates of earnings and revenue, but net sales were down 4.6% from the fourth quarter of 2019, in part due to pandemic blockages and declining cosmetic sales. Ulta posted earnings per share of $ 3.41 in revenue of $ 2.20 billion. Analysts surveyed by Refinitiv expected earnings per share of $ 2.35 for revenue of $ 2.08 million.
DocuSign: DocuSign shares slid more than 4% despite the company reporting fourth-quarter results that exceeded analysts ’expectations. The company reported earnings per share of 37 cents in revenue of $ 430.9 million. Analysts surveyed by Refinitiv expected earnings per share of 22 cents of $ 407.6 million in revenue.
Poshmark: E-commerce company shares fell about 13% after Poshmark revealed weaker-than-expected sales guidance for the current quarter in the company’s first quarterly results since it went public . CNBC does not compare earnings per share results with estimates from a company’s first report after it was made public. Poshmark posted revenue of $ 69.3 million for the fourth quarter. Analysts polled by Refinitiv expected revenue of $ 68 million.
Funko: The shares of the toy company rose 9% after the company posted better-than-expected results for its fourth quarter. Funko experienced a boost in sales thanks to key product lines like “The Mandalorian,” “Harry Potter” and “Marvel Comics,” the company said. The toy company posted earnings per share of 29 cents in revenue of $ 226.5 million. Analysts surveyed by Refinitiv expected earnings per share of 14 cents in revenue of $ 195.7 million.