SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp.
Lululemon Athletica LULU, +2.46% is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance year-to-date, any sequential improvement in trends could provide a meaningful rebound for LULU; however, we are more inclined to favor a slow, sequential quarterly improvement throughout 2014,” analyst Matthew McClintock at Barclays said in a report published Tuesday.
Finisar FNSR, -0.68% is forecast to post fourth-quarter earnings of 38 cents a share.
Amy Steiner leads a yoga class while dressed in Lululemon Athletica yoga clothes at the Green Monkey yoga studio on Dec. 10, 2013 in Miami Beach, Fla.
After Wednesday’s closing bell, Target Corp. TGT, -0.11% said its board hiked the retailer’s quarterly dividend by 21% to 52 cents a share. The dividend will be paid to shareholders of record on Aug. 20. Shares of Target were unchanged in after hours.
Restoration Hardware RH, +1.35% late Wednesday reported it swung to first-quarter profit of $ 1.8 million from a loss of $ 161,000 a year ago. On a per-share basis, the upscale home furnishings retailer earned 4 cents a share. Adjusted earnings came in at 18 cents a share, ahead of analysts’ estimate of 11 cents a share. Shares of Restoration Hardware rallied 12% in extended trading.
C.R. Bard Inc. BCR, +1.15% said its board raised the quarterly dividend by 5% to 22 cents a share. The dividend will be paid Aug. 1 to shareholders of record on July 21. The medical products company will also buy back up to $ 500 million of its common shares. C.R. Bard shares were flat in after-hours trading.