After-Hours Stock Movers:
Ross Stores (NASDAQ:ROST) rose 6% after the retailer issued first quarter EPS that beat consensus and raised full year guidance. First quarter sales were in line with guidance despite macroeconomic headwinds that continued to pressure customers’ discretionary spending, the company said.
Workday (NASDAQ:WDAY) fell 8.8% despite beating EPS estimates in the first quarter, as guidance for subscription revenue disappointed investors. It now see subscription revenue between $7.700 billion to $7.725 billion vs prior guidance of $7.725 billion to $7.775 billion.
Intuit (NASDAQ:INTU) declined 5% despite solid results for its third quarter. Investors were not impressed by its outlook for the remainder of the year.
Domo, Inc. (NASDAQ:DOMO) slumped 11% after it issued guidance for the second quarter that was well short of analysts' estimates.
Deckers Brands (DECK) rose 10% after publishing strong results for its fourth quarter and updating full year guidance. Its UGG and HUKA brands outperformed expectations.