23/04/2024 7:16 PM

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Peloton, Oracle, Chewy & more

Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19.

Justin Sullivan | Getty Images

Check out the companies making headlines after hours Thursday:

Oracle — Shares of Oracle traded 2.3{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} higher on the back of fiscal first-quarter results that beat analyst expectations. The software giant posted a profit of 93 cents per share on revenue of $9.37 billion. Analysts expected earnings of 86 cents per share on revenue of $9.19 billion. On an annualized basis, Oracle’s fiscal first-quarter revenue grew by 2{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} after dropping by 6.3{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} in the prior period.

Peloton — Peloton shares popped more than 7{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} in after-hours trading on the back of better-than-expected quarterly numbers. The fitness equipment maker posted a profit of 27 cents per share. Analysts polled by Refinitiv expected earnings per share of 10 cents per share. The company also reported a 172{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} surge in year-over-year sales.

Chewy — Shares of the online pet food retailer dipped 0.9{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} after the bell. The move came after Chewy reported new sales per active customer totaled $356 for the second quarter, which is below a FactSet estimate of $365. To be sure, Chewy’s quarterly revenue came in at $1.7 billion, topping an estimate of $1.64 billion.

Dave & Buster’s — Dave & Buster’s reported a bigger-than-expected drop in comparable sales, which sent the stock down more than 5{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} in after-hours trading. The company said its comparable store sales dropped 87{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} on a year-over-year basis in the second quarter. Analysts polled by FactSet expected a drop of 79.1{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f}. Overall revenue for the previous quarter totaled $50.8 million, well below a forecast of $78.5 million.

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