In This Article:
Deckers Outdoors (DECK) stock is tumbling in extended hours after not providing its full-year guidance.
Discount retailer Ross Stores (ROST) is also falling after its second quarter outlook disappointed investors despite topping earnings estimates.
Intuit (INTU) gets a boost as it lifts its full-year guidance.
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Let's take a look now at what's trending after hours. We're diving into shares of Decker's Outdoors, Ross Stores, and Intuit. First up, shares of Decker's Outdoors sinking despite reporting net sales for the fourth quarter that beat the average analyst estimate. The company announcing that given the macroeconomic uncertainty related to evolving global trade policies, Decker's will not be providing full year guidance for fiscal year 2026 at this time.
Another name sinking after withdrawing full year outlook, that would be Ross Stores. In the earnings release, CEO Jim Conroy said, "We are only providing outlook for the second quarter at this time and are withdrawing our previously provided annual sales and earnings guidance." The company did top expectations for first quarter, but earnings per share guidance for Q2 did come in well below estimates.
And lastly, Intuit shares. They are jumping in extended trading after the tax preparation software company reported third quarter results that did beat expectations on the top and bottom lines. Intuit also reported stronger than expected guidance for the fourth quarter and raised its full year revenue forecast.
