After-hours buzz: La-Z-Boy, Fossil, Devon, Potbelly & more
Check out which companies are making headlines after the bell Tuesday:
Fossil - Shares of the fashion accessories maker fell 13 percent after it missed fourth-quarter profit and sales forecasts and issued weak guidance. It also announced a 10-year licensing agreement with designer Kate Spade for the design, development and distribution of Kate Spade New York watches.
Agilent - The electronic products producer reported adjusted fiscal first-quarter earnings of 41 cents per share on $1.03 billion in revenue. Shares fell about 1 percent after the announcement.
Potbelly - The restaurant operator easily beat Wall Street's profit estimates as revenue increased 13 percent, sending shares up more than 7 percent in extended trading.
Devon Energy - The oil and gas company reported fourth-quarter earnings of 84 cents per share on $6 billion in revenue, compared with estimates for $1.05 a share on $4.11 billion. The stock fell about 2 percent in after-hours trading.
Jack in the Box - The food chain's stock jumped about 4 percent after it reported a 24 percent increase in operating earnings per share, boosted by better-than-expected same-store sales.
La-Z-Boy - The furniture maker dropped in extended-hours trading after it reported fiscal third-quarter sales of $358 million, up 3.3 percent from a year ago, but missing the Street's forecasts for $368 million.
Perry Ellis - Shares of the small-cap apparel firm plunged nearly 17 percent after it issued dismal fourth-quarter guidance.