Nike — The athletic apparel stock slipped 2% after its North America revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the expected earnings of 28 cents per share and the anticipated $11.24 billion in revenue.
RH — The home furnishings stock plunged 18%. RH said it sees full-year revenue growth ranging from 4% to 8%, missing the Street’s estimate of 8.8%. Fourth-quarter adjusted earnings came in at $1.53 per share and revenue was $843 million. The LSEG consensus forecast had called for earnings of $2.22 per share and revenue of $873 million.
