Before the Open (Aug 31)

Good morning. Happy Friday.
The Asian/Pacific markets closed mostly down. South Korea did well, but China, Hong Kong and Australia were weak. Europe, Africa and the Middle East are currently mostly down. France, Turkey, Germany, Finland, Greece, Switzerland, Spain, the Netherlands, Italy, Belgium, Portugal, Austria, Sweden and Saudi Arabia are weak. Futures in the States point to a down open for the cash market.
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Blog: Advice from Warren Buffett
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The dollar is up. Oil and copper are down. Gold and silver are up. Bonds are up.
Overnight Stock Movers from barchart.com…
Ulta Beauty (ULTA +1.11%) dropped 6% in after-hours trading after it reported Q2 comparable sales rose +6.5%, below consensus of +6.9%, and then forecast Q3 EPS of $2.11 to $2.16, weaker than consensus of $2.31.
Lululemon Athletica (LULU -1.23%) jumped more than 8% in after-hours trading after it reported Q2 adjusted EPS of 71 cents, better than consensus of 49 cents, and then forecast full-year EPS of $3.45 to $3.53, well above consensus of $3.25.
Cooper Cos (COO -0.72%) declined nearly 4% in after-hours trading after it reported Q3 adjusted EPS of $3.00, below consensus of $3.07, and then forecast full-year adjusted EPS of $11.55 to $11.65, weaker than consensus of $11.81.
Nutanix (NTNX -0.51%) fell more than 4% in after-hours trading after it forecast a Q1 adjusted loss per share of -26 cents to -28 cents, wider than consensus of -23 cents.
Ambarella (AMBA -0.80%) slumped more than 12% in after-hours trading after it forecast Q3 revenue of $55.5 million to $58.5 million, well below consensus of $73.4 million.
Zuora (ZUO +1.83%) slid 6% in after-hours trading after it forecast a Q3 adjusted loss per share of -13 cents to -14 cents, wider than consensus of -12 cents.
Yext Inc (YEXT -5.42%) fell 5% in after-hours trading after it reported Q2 gross margins of +74.4%, below consensus of +75.5%.
American Outdoor Brands (AOBC -3.46%) surged nearly 19% in after-hours trading after it reported Q1 adjusted EPS of 21 cents, well above consensus of 12 cents, and then forecast full-year adjusted EPS of 62 cents to 66 cents, stronger than consensus of 50 cents.
Spirit Realty Capital (SRC -1.76%) dropped 5% in after-hours trading after it unexpectedly cut its quarterly cash dividend to 12.5 cents per share from 18 cents a share.
A10 Networks (ATEN +0.43%) climbed 3% in after-hours trading after it reported Q2 revenue of $60.7 million, higher than consensus of $58.9 million.
MEI Pharma (MEIP +5.65%) tumbled 14% in after-hours trading after it reported a fiscal 2018 loss of -97 cents a share, wider than consensus of -73 cents.
Thursday’s Key Earnings
American Outdoor Brands (NASDAQ:AOBC) +28% on solid earnings.
Ambarella (NASDAQ:AMBA) -12.3% AH posting weak revenue guidance.
Campbell Soup (NYSE:CPB) -2.1% with a fall in organic sales.
Dollar General (NYSE:DG) -1% hit by rising cost pressures.
Dollar Tree (NASDAQ:DLTR) -15.5% amid Family Dollar problems.
Lululemon (NASDAQ:LULU) +10.8% AH driven by higher margins.
Toronto-Dominion Bank (NYSE:TD) -1% despite beating estimates.
Ulta Beauty (NASDAQ:ULTA) -4.7% AH issuing a downbeat outlook.
Today’s Economic Calendar
9:45 Chicago PMI
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count
Other…
today’s upgrades/downgrades from briefing.com
this week’s Earnings from Morningstar
this week’s Economic Numbers/Reports powered by ECONODAY