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Company News For Jun 7, 2019

Zacks Equity Research

  • Shares of Stitch Fix, Inc. SFIX surged 14.7% after the company reported third-quarter fiscal 2019 adjusted earnings per share of $0.07, surpassing the Zacks Consensus Estimate of a loss of $0.03 per share

  • Ciena Corp.’s CIEN shares jumped 26.8% after posting second-quarter fiscal 2020 adjusted earnings per share of $0.48, outpacing the Zacks Consensus Estimate of $0.40

  • The Michaels Companies Inc.’s MIK shares plummeted 12.4% after the company posted first-quarter fiscal 2019 revenues of $1.09 billion, missing the Zacks Consensus Estimate of $1.11 billion

  • Shares of Kirkland's Inc. KIRK plunged  50.4% after reporting first-quarter fiscal 2019 loss per share of $0.53, wider-than the Zacks Consensus Estimate of a loss of $0.36 per share


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