Take a look at the businesses making headlines earlier than the bell:
Six Flags (SIX) – The theme park operator’s inventory tumbled 12.8% within the premarket after its quarterly revenue and income fell properly in need of Wall Avenue forecasts. Six Flags noticed its outcomes hit by a 22% drop in attendance, amongst different components.
Canada Goose (GOOS) – The outerwear maker reported a smaller-than-expected quarterly loss, with income exceeding analyst forecasts. Canada Goose is the most recent luxurious retailer to see its high-end customers keep their spending ranges. The inventory added 2.4% in premarket buying and selling.
Warby Parker (WRBY) – The eyewear retailer reported a smaller-than-expected quarterly loss, with gross sales exceeding estimates. Energetic buyer numbers rose 8.7% from a 12 months earlier.
Utz Manufacturers (UTZ) – The salty snacks maker’s inventory jumped 8.2% within the premarket after reporting quarterly revenue and income that was higher than anticipated, in addition to elevating its full-year gross sales outlook.
Cardinal Well being (CAH) – Cardinal Well being fell 1% within the premarket after reporting a blended quarter, with the pharmaceutical distributor’s earnings beating Avenue forecasts whereas income got here up in need of estimates. Cardinal Well being additionally introduced that CEO Mike Kaufmann will step down on September 1, to be succeeded by Chief Monetary Officer Jason Hollar.
Walt Disney (DIS) – Disney rallied 8.9% within the premarket after reporting better-than-expected quarterly earnings and saying a December 8 launch date for an ad-supported model of its Disney+ streaming service. It additionally introduced it might improve the value of its ad-free service to $10.99 per thirty days from $7.99.
Sonos (SONO) – Sonos skidded 17.6% within the premarket after its breakeven quarter stunned analysts, who have been anticipating a revenue. Income was additionally properly under Wall Avenue forecasts, with the corporate slicing its full-year forecast within the face of financial challenges. The maker of high-end 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 relationship service operator reduce its annual income forecast. Bumble is dealing with stiff competitors from rivals akin to Tinder mother or father Match Group (MTCH), and its Badoo relationship app – which is widespread in Western Europe – has been damage by the conflict in Ukraine.
Vacasa (VCSA) – Vacasa soared 24.7% in premarket motion after the supplier of trip rental companies raised its full-year outlook amid a surge in demand. Vacasa additionally reported a shock quarterly revenue.
Vizio (VZIO) – Vizio gained 2% in premarket buying and selling after the maker of sensible TVs and different client leisure gear reported a shock revenue for its newest quarter, with common income per consumer up 54% from a 12 months earlier.
