Zagg Inc (NASDAQ:ZAGG) (The Motley Fool)
What happened: Shares of ZAGG (NASDAQ:ZAGG) have plunged today, down 19% as of 11:45 a.m. EST, after the company reported fourth-quarter earnings. The gadget accessories specialist’s profit fell short of analyst expectations. So what: ZAGG generated $176.9 million in revenue in the fourth quarter, which was up 54% from a year ago and ahead of the consensus estimate of $167.1 million in sales. Non-GAAP earnings per share came in at $0.71, slightly below the Street’s forecast of $0.72 per share in adjusted profit.
American Eagle Outfitters (NYSE:AEO) (MarketWatch)
Shares of American Eagle Outfitters Inc. AEO, -9.50% rallied 3.1% in premarket trade Thursday, after the apparel retailer reported a fiscal fourth-quarter profit that matched expectations but beat on sales, provided an upbeat outlook and raised its dividend. Net income for the quarter to Feb. 3 rose to $94.0 million, or 52 cents a share, from $54.6 million, or 30 cents a share, in the same period a year ago. Excluding non-recurring items, such as a benefit from recent tax legislation, adjusted earnings per share came to 44 cents, in line with the FactSet consensus.
IMMURON Ltd/S ADR (NASDAQ:IMRN) (Benzinga)
Immuron Limited shares jumped 71.2 percent to $14.46 after the company disclosed positive results in NASH clinical trial.
Kroger Co (NYSE:KR) (The Wall Street Journal)
Kroger Co.’s stock dropped 12% on Thursday as the grocer’s investment in online operations to compete with Walmart Inc., Amazon.com Inc. and other retailers cut into profit and disappointed investors looking for higher share buybacks and dividends. Kroger Co. is feeling the squeeze as the U.S.’s largest supermarket chain is investing in online ordering offerings to keep its customers from migrating to competitors, but sacrificing time and money to do so and is being punished by investors eager to see profits grow now.