Costco (COST)
Shares of the majority retailer are shifting greater than 2% increased in after-hours following the discharge of December gross sales knowledge. Costco’s income final month got here in at $23.8 billion, up 7% year-over-year. Total comparable retailer gross sales grew 5.5%, beating Wall Street expectations of 5%. Excluding gasoline and overseas change, comp gross sales elevated 6.4%.
World Wrestling Entertainment (WWE)
WWE shares shot up greater than 10% in after hours on Thursday as former CEO and controlling shareholder, Vince McMahon staged a comeback. In a press launch, he proposed to imagine the position of government chairman of the corporate. He known as for a strategic assessment of the corporate and nominated former execs George Barrios and Michelle Wilson to imagine board seats. McMahon retired in July final yr following sexual misconduct allegations. McMahon has denied the allegations and now faces new ones.
Ines is a senior enterprise reporter for Yahoo Finance. Follow her on Twitter at @ines_ferre
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2023-01-05 18:13:37 Stocks shifting after hours: WWE, Costco
Article from finance.yahoo.com