Check out the firms making headlines earlier than the bell:
Six Flags (SIX) – The theme park operator’s inventory tumbled 12.8% within the premarket after its quarterly benefit and earnings fell smartly wanting Wall Street forecasts. Six Flags noticed its effects hit by way of a 22% drop in attendance, amongst different components.
Canada Goose (GOOS) – The outerwear maker reported a smaller-than-expected quarterly loss, with earnings exceeding analyst forecasts. Canada Goose is the most recent luxurious store to look its high-end customers deal with their spending ranges. The inventory added 2.4% in premarket buying and selling.
Warby Parker (WRBY) – The eyewear store reported a smaller-than-expected quarterly loss, with gross sales exceeding estimates. Active buyer numbers rose 8.7% from a yr previous.
Utz Brands (UTZ) – The salty snacks maker’s inventory jumped 8.2% within the premarket after reporting quarterly benefit and earnings that was once greater than anticipated, in addition to elevating its full-year gross sales outlook.
Cardinal Health (CAH) – Cardinal Health fell 1% within the premarket after reporting a blended quarter, with the pharmaceutical distributor’s profits beating Street forecasts whilst earnings got here up wanting estimates. Cardinal Health additionally introduced that CEO Mike Kaufmann will step down on September 1, to be succeeded by way of Chief Financial Officer Jason Hollar.
Walt Disney (DIS) – Disney rallied 8.9% within the premarket after reporting better-than-expected quarterly profits and pronouncing a December 8 release date for an ad-supported model of its Disney+ streaming provider. It additionally introduced it might building up the cost of its ad-free provider to $10.99 per 30 days from $7.99.
Sonos (SONO) – Sonos skidded 17.6% within the premarket after its breakeven quarter shocked analysts, who had been anticipating a benefit. Revenue was once additionally smartly underneath Wall Street forecasts, with the corporate chopping its full-year forecast within the face of monetary demanding situations. The maker of top of the range audio system additionally introduced the departure of CFO Brittany Bagley as of September 1.
Bumble (BMBL) – Bumble tumbled 8.9% in premarket buying and selling after the courting provider operator lower its annual earnings forecast. Bumble is dealing with stiff pageant from competitors equivalent to Tinder guardian Match Group (MTCH), and its Badoo courting app – which is widespread in Western Europe – has been harm by way of the warfare in Ukraine.
Vacasa (VCSA) – Vacasa soared 24.7% in premarket motion after the supplier of holiday condo products and services raised its full-year outlook amid a surge in call for. Vacasa additionally reported a wonder quarterly benefit.
Vizio (VZIO) – Vizio received 2% in premarket buying and selling after the maker of sensible TVs and different client leisure apparatus reported a wonder benefit for its newest quarter, with reasonable earnings in step with consumer up 54% from a yr previous.
