March 4, 2024


A sale sign inside a Bath and Body Works store in Edmonton. Edmonton, Alberta, Canada, Thursday, January 6, 2022.

Artur Vidak | Nurphoto | Getty Images

Check out the companies making headlines ahead of Thursday’s close.

walmart – Shares of the retail giant rose more than 1.5% in premarket trading after it raised its full-year forecast and reported fiscal first-quarter sales growth of nearly 8%, suggesting strength in its big grocery business helped offset weakness The impact on sales of clothing and electronics. Walmart also reported stronger-than-expected adjusted earnings and revenue, according to Refinitiv data.

Take-Two Interactive Software — Shares of the video game company soared 14% after reporting better-than-expected fourth-quarter revenue. Take-Two Interactive shared a lower-than-expected outlook, but said a strong gaming segment going forward could drive strong growth thereafter.

Bath and Body Products — Shares of the body care and fragrance retailer surged nearly 10% in premarket trading after reporting stronger-than-expected earnings and revenue for its latest quarter. Bath & Body Works also raised its full-year profit guidance.

boot barn — Western footwear brands fell more than 13 percent in premarket trading. Boot Barn reported fiscal third-quarter revenue and guidance that missed Wall Street expectations.

cisco system — Cisco Systems fell 4 percent after reporting a 23 percent drop in third-quarter orders.

REGIONAL BANKS – Many hard-hit regional banks rose premarket, extending Wednesday’s gains. west Pacific, Western Union and zion bank corp. They rose 7%, 3.9% and 1.3%, respectively.this SPDR S&P Regional Bank ETF increased by more than 1%.

alibaba — The Chinese e-commerce company fell 1% after reporting mixed results for the latest quarter. Revenue fell short of Wall Street expectations. Alibaba also said it plans to take its cloud unit public.

Micron Technology — Shares of the memory chip maker rose 2% on news that it plans a multibillion-dollar investment in Japan to boost production of dynamic random-access memory chips there.

Synopsys — Synopsys rose 2 percent after reporting better-than-expected quarterly results. The software company also shared guidance for stronger-than-expected revenue and earnings growth for the full year.

sony – Announced in the company that it will start assessment Partial divestiture of its financial services business. Sony will list its Sony Financial Group stake in about two to three years and still own about 20 percent of the business.

— CNBC’s Yun Li, Tanaya Macheel and Michelle Fox contributed reporting