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Stocks Moving After Hours: Mattel, Skechers, Columbia Sports

Published 02/07/2019, 04:54 PM
© Reuters.

Investing.com - Stocks with big gains and losses after hours:

- Skechers USA (NYSE:SKX) shares jumped 16% to $32.12 after fourth-quarter earnings of 31 cents a share beat the consensus estimate of 23 cents compiled by Investing.com. Revenue of $1.08 billion just missed the $1.1 billion estimate. The footwear maker also projected first-quarter earnings of 70 to 75 cents.

- Toymaker Mattel (NASDAQ:MAT) shares rose more than 13% to $14.04 as fourth-quarter holidays sales were stronger than expected. Sales of the iconic Barbie doll were the best in five years. The company earned 4 cents a share. The consensus estimate compiled by Investing.com was for a loss of 16 cents. Revenue was $1.52 billion, ahead of the Investing.com estimate of $1.4 billion. But North American sales were off 10% to $744.5 million, according to Reuters, as the company is still looking to replace shuttered Toys 'R' Us as its biggest sales outlet.

- Columbia Sportswear (NASDAQ:COLM) shares jumped nearly 13% to $104.43 after reporting non-GAAP earnings of $1.68. Estimates compiled by Investing.com called for $1.28. The maker of outdoor wear said revenue was up more than 18% to $917.6 million.

- Online travel services company Expedia (NASDAQ:EXPE) reported fourth-quarter earnings and revenue that beat estimates compiled by Investing.com. Shares rose 7.5% to $137.49. The company also boosted guidance.

- Shares of Seattle Genetics (NASDAQ:SGEN) were off 8.2% to $67.73 after the Seattle-based biotech company reported a 58% sales gain in the fourth quarter to $174.5 million from a year ago. But its loss of 75 cents a share was worse than the consensus estimate of 42 cents compiled by Investing.com.

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- Shares of Sears Holdings (OTC:SHLDQ) were up slightly at 76 cents a share after hours. Earlier Thursday, a bankruptcy judge in White Plains, N.Y., approved a $5.2 billion sale of the struggling company to chairman Edward Lampert. The move keeps 425 stores open and preserves some 45,000 jobs, although there is widespread skepticism the company can survive.

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