Hewlett Packard Enterprise, Lululemon, and Key Stocks to Monitor

This Friday morning, U.S. stock futures are showing slight declines, and investors are turning their attention to several notable stocks that may impact the markets today.

Genesco Inc. Prepares for Earnings Report

Wall Street analysts predict that Genesco Inc. (GCO) will announce quarterly earnings of 22 cents per share, alongside expected revenues of $572.10 million before the trading day begins. In after-hours trading, Genesco's shares rose by 4.4%, reaching $39.05.

Hewlett Packard Enterprise Surprises Investors

Hewlett Packard Enterprise Company (HPE) recently revealed fourth-quarter results that exceeded expectations. The company projected first-quarter earnings between 47 cents and 52 cents per share, surpassing the market forecast of 49 cents. Following this news, HPE shares saw a slight increase of 0.4%, closing at $21.74 in after-hours trading.

BRP Inc. Set to Release Earnings

Expectations are high for BRP Inc. (DOOO), which is anticipated to announce quarterly earnings of 49 cents per share, with revenues estimated at $1.38 billion. The company's earnings release is slated to occur before the market opens. After-hours trading indicated a 4.1% gain in BRP shares, now valued at $50.49.

Lululemon Athletica Shows Strong Performance

Lululemon Athletica Inc. (LULU) reported robust third-quarter financial results and revealed an increase in its share buyback program by $1 billion. The company is projecting full-year revenues between $10.452 billion and $10.487 billion, with earnings estimated at $14.08 to $14.16 per share. In after-hours trading, Lululemon's shares surged by 9.2%, reaching $376.50.

Kirkland's Inc. Anticipates Loss

Investors are also watching Kirkland’s, Inc. (KIRK), which is expected to report a quarterly loss of 32 cents per share on revenues of approximately $110.23 million. Despite these challenges, Kirkland's shares saw a notable increase of 11.4%, trading at $2.2499 in after-hours.

Overall, as the market braces for these earnings reports, these companies are likely to be in the spotlight for investors seeking insights on the current financial landscape.

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