Pedestrians pass in front of an Ulta Beauty store in New York.
Gabby Jones | Bloomberg | Getty Images
Check out the companies making headlines after the bell on Thursday:
Ulta Beauty – The beauty retailer’s shares fell about 7% with news that CEO Mary Dillon will step down in June, with company president Dave Kimbell in his place. Ulta surpassed Wall Street’s earnings and revenue estimates, but net sales decreased 4.6% from the fourth quarter of 2019, in part due to pandemic blockages and a reduction in cosmetics sales. Ulta recorded earnings per share of $ 3.41 over revenue of $ 2.20 billion. Analysts polled by Refinitiv had expected earnings per share of $ 2.35 on revenue of $ 2.08 billion.
DocuSign – DocuSign’s shares fell more than 4%, despite the company’s reporting fourth quarter results that exceeded analysts’ expectations. The company reported earnings per share of 37 cents on revenue of $ 430.9 million. Analysts polled by Refinitiv had expected earnings per share of 22 cents on revenue of $ 407.6 million.
Poshmark – Shares in the e-commerce company fell about 13% after Poshmark revealed a weaker-than-expected sales orientation 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 going public. Poshmark recorded revenue of $ 69.3 million in the fourth quarter. Analysts surveyed by Refinitiv had expected revenue of $ 68 million.
Funko – The company’s shares rose 9% after the company reported better-than-expected results in the fourth quarter. Funko experienced an increase 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 and revenue of $ 226.5 million. Analysts polled by Refinitiv had expected earnings per share of 14 cents on revenue of $ 195.7 million.