Ross Stores — Shares edged 1% higher after the discount store chain’s fourth-quarter results exceeded analysts’ expectations. Ross earned $1.82 per share on $6.02 billion of revenue, higher than the $1.65 per share on revenue of $5.81 billion that analysts had expected, according to LSEG, formerly known as Refinitiv.
CrowdStrike — The cybersecurity stock soared 19% after fourth-quarter earnings topped estimates. CrowdStrike’s earnings of 95 cents per share exceeded the 82 cents analysts polled by LSEG had predicted. The firm’s $845 million in revenue was also higher than the estimated $839 million.
Nordstrom — Despite beating fourth-quarter earnings and revenue expectations, shares slid nearly 10% after the department store chain provided disappointing full-year 2024 guidance. Nordstrom said revenue for the year ahead will range from a 2% decline to a 1% gain compared to fiscal 2023.
HashiCorp — Shares of the software company added 1% after fourth-quarter earnings and revenue topped estimates. First-quarter revenue guidance was slightly above expectations.
Box — The cloud storage stock jumped 8% after posting fourth-quarter revenue that matched analysts’ expectations, according to LSEG. Box also announced a new large language models integration with Microsoft’s Azure OpenAI Service.
