This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Limited Brands, Herbalife: After-Hours Headlines

Stocks in this article: LTD HLF RRGB

Clarification: An earlier version inaccurately described David Einhorn's questions on Herbalife's conference call as "criticism" of the company.

NEW YORK ( TheStreet) -- Here's a rundown of stocks making news after Wednesday's closing bell:

Limited Brands

Shares of Limited Brands (LTD) fell in late trades after the Columbus, Ohio-based specialty retailer, whose brands include Victoria's Secret and Bath & Body Works, forecast second-quarter earnings of 40 to 45 cents a share.

The current average of analysts polled by Thomson Reuters is for a profit of 50 cents a share in the July-ending quarter. For the full year, Limited sees earnings of $2.63 to $2.83 a share, offering downside to Wall Street's current consensus estimate of $2.83 a share.

The stock was last quoted at $46.45, down 3.2%, on volume of around 100,000, according to


Shares of Herbalife (HLF) extended their regular-session rally after the bell, apparently benefiting from short seller David Einhorn's silence about the company.

Einhorn of Greenlight Capital reportedly delivered a presentation Wednesday at the Ira Sohn conference in New York that didn't touch on Herbalife, a marketing company that sells weight management and nutrition products. This was notable because Einhorn caused a stir earlier this month by asking a number of questions on Herbalife's latest conference call, causing Wall Street to wonder if the company was his next target.

The stock rose nearly 17% to close at $49.51, then advanced another 4% in late trades to $51.41 on volume of 1.4 million, according to

Red Robin Gourmet Burgers

Shares of Red Robin Gourmet Burgers (RRGB) fell nearly 8% to $33 on volume of more than 20,000 after the restaurant operator reported mixed first-quarter results.

The company posted a profit of $10.6 million, or 71 cents a share, on revenue of $299.4 million for the quarter. The performance topped Wall Street's profit estimate of 66 cents a share but fell short of expectations for revenue of $306.4 million.

"Although we began the year with strong sales, we were disappointed by the extent of guest traffic softening in the second half of the quarter," said Steve Carley, the company's CEO, in a statement. "Nevertheless, we are confident in our plans for strengthening our business, advancing our brand and positioning Red Robin for long-term growth and profitability."

Red Robin said it expects growth of "up to 1%" in its comparable restaurant sales for the whole of fiscal 2012.

-- Written by Michael Baron in New York.

>To contact the writer of this article, click here: Michael Baron.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs