Look at the companies that make headlines after trading hours.
Urban Outfitters – Retailer shares slipped more than 11% after Urban Outfitters said net sales for the two months ended December 31 fell year-on-year by 8.4%. The company also announced that CEO Trish Donnelly is leaving at the end of the month.
KB Home – Shares of the home builder rose more than 2% after exceeding the company’s results in the fourth quarter. KB Home earned $ 1.12 per share during the period with revenue of $ 1.19 billion. Analysts expected the company to earn 93 cents a share on $ 1.14 billion in revenue, according to estimates compiled by Refinitiv.
Repay Holdings – Shares of the financial technology company fell more than 5% after Repay announced a new share offering. The company has said it wants to raise $ 130 million through the new share offering.
Ally Financial – Shares of the financial services company rose more than 3% after the company announced a $ 1.6 billion buyback program. The company will repurchase shares during the current quarter.
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