retailers climbed in after-hours trading Wednesday on newly issued financial reports.
American Eagle Outfitters
led with a 4.7% gain.
The Warrendale, Pa., casual-apparel maker said March same-store sales (for the five weeks ended April 7) leapt 20% year over year and total sales ratcheted up 35% to $271.4 million. Shares were $1.40 higher at $31.47 in recent late trading.
Additionally, pop-culture apparel retailer
and sports-products purveyor
both saw strong March gains in revenue and same-store sales. Hot Topic shares were tacking on 2.8% to $11.25; Zumiez was adding 54 cents, or 1.3%, to $41.20. Home-furnishing retailer
Bed Bath & Beyond
earnings and sales estimates for the quarter ended March 3, but shares were lately off 75 cents, or 1.8%, to $39.98.
The financial sector doled out a couple of winners after hours, most prominently with
. The struggling subprime-mortgage lender got a 14.9% boost to $5.78 after saying it will
consider selling itself
. It has also received a commitment for up to $100 million in additional financing from Wachovia.
Luminent Mortgage Capital
, meanwhile, climbed 4.9% to $7.71 after adopting a prearranged stock-repurchase plan. The San Francisco-based firm originally authorized 5 million shares for buyback, of which some 2.4 million are remaining.
jumped on good results from two late-phase studies of ferumoxytol, which is proposed as an intravenous iron-replacement therapy for chronic-kidney disease in non-dialysis-dependent patients. Of these, the trial largely focused on drug efficacy achieved all primary and secondary endpoints. Shares were gaining $8.64, or 13.3%, to $73.75.
posted per-share earnings of 20 cents in the quarter ended Jan. 31. This beats Street expectations by 3 cents, according to Thomson Financial. Shares were rising 2.6% to $17.55.
On the flip side, fitness-products maker
slid 12.6% to $14 after slashing first-quarter earnings guidance to a range of 8 cents to 9 cents a share on $160 million in sales, well below analysts' targets of 20 cents a share on $192.2 million revenue. Previously, profits were pegged at 18 cents to 21 cents a share on sales of $185 million to $195 million.
Research In Motion's
fiscal fourth-quarter results -- 99-cent per-share earnings on $930.4 million in sales --
narrowly missed estimates. The Canada-based maker of Blackberry devices also said the
Securities and Exchange Commission
has ramped up its investigation into the company's stock-option practices. Shares were recently off $10, or 6.9%, to $136.02.