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Home Stock Trading

Rite Aid, RH & more

by Trading How
March 25, 2021
in Stock Trading
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Rite Aid, RH & more
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Pedestrians cross a road in entrance of a Ceremony Assist retailer in Oakland, California.

David Paul Morris | Bloomberg | Getty Pictures

Try the businesses making headlines after the bell on Wednesday:

KB Home – Shares of the homebuilding firm slid 3% after the corporate reported blended fiscal first-quarter outcomes. KB dwelling reported earnings per share of $1.02 on income of $1.14 billion. Analysts polled by Refinitiv anticipated earnings per share of 92 cents on income of $1.21 billion.

RH – The furnishings retailer’s inventory popped 8% after the corporate posted fourth-quarter results that topped analyst expectations. RH posted earnings per share of $5.07 on income of $813 million. Analysts surveyed by Refinitiv predicted earnings per share of $4.76 on income of $798 million.

Rite Aid – Ceremony Assist shares plunged 16% on the information that the corporate reduce its fiscal 2021 EBITDA. The corporate expects full-year EBITDA to vary between $425 million and $435 million. That is down from a earlier steering of $490 million to $520 million. Ceremony Assist added {that a} weak flu season harm its same-store gross sales for the earlier quarter.



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