After-Hours Inventory Movers:
CAVA Group (CAVA) declined 6% after it issued first quarter earnings that didn’t impress buyers regardless of beating consensus estimates. The Mediterranean fast-casual restaurant reported similar restaurant gross sales development of solely 2.3%, though it raised its full yr comp development forecast from 3% to five% to 4.5% to six.5%.
American Airways (NASDAQ:) declined 4% after it lowered second quarter EPS steering. It additionally lowered steering for adjusted working margin and CASM.
Robinhood (NASDAQ:) rose 3% after it licensed a $1 billion share repurchase program,. The corporate stated the big buyback exhibits administration and the board’s confidence in Robinhood’s monetary power and future development prospects.
Digital Turbine (NASDAQ:) declined 3% after it printed quarterly income that missed estimates. Administration stated monetary outcomes reported at present fail to mirror a lot of the real-time progress that the corporate is making.
Field (BOX) rose 2% after outcomes beat estimates on the highest and backside line and it raised steering.
Ooma (NYSE:) rose 18% after first quarter outcomes beat estimates and it issued a powerful forecast for the second quarter and full yr.