Among the companies with shares expected to trade actively in Friday's session are Abercrombie & Fitch Co. (ANF), Foot Locker Inc. (FL) and Gap Inc. (GPS).

 

Abercrombie & Fitch posted its third straight quarter of declining same-store sales, as the once-popular retailer's rebranding efforts are showing little signs of winning back shoppers. Shares fell 10% to $15.24 in premarket trading.

 

Foot Locker's profit and revenue increased in the third quarter and same-store sales climbed, though at a slower pace than last year. Shares fell 1.54% to $70.25 premarket.

 

Gap Inc.'s quarterly profit dropped 18% as the apparel maker, which has reported seven straight quarters of lower sales, absorbed costs tied to store closures. Shares fell 7.49% to $28.41 premarket.

 

Chip maker Marvell Technology Group Ltd. (MRVL) reported third-quarter revenue and earnings above its guidance amid strong growth in data storage and network infrastructure business. Shares rose 8.91% to $14.55 premarket.

 

Intuit Inc.(INTU), the maker of TurboTax and QuickBooks, posted a 9.1% increase in revenue for its fiscal first quarter, while issuing guidance for the current period that was more optimistic about sales than Wall Street estimates.

 

Molson Coors Brewing Co. (TAP) said Chief Financial Officer Mauricio Restrepo has resigned, effective immediately, because of "personal conduct" unrelated to the company's operations or financial statements. Tracey Joubert, who was financial chief of Molson Coors Brewing's U.S. business, has been named CFO.

 

Nike Inc. (NKE) boosted its quarterly dividend to 18 cents from 16 cents, marking its 15th consecutive year of higher payouts.

 

Ross Stores Inc.'s (ROST) profit rose 13% in the three months ended October as the off-price retailer benefited from higher-than-expected revenue and stronger margins.

 

First NBC Bank Holding Co. (FNBC), whose mounting financial problems brought it under scrutiny, has struck an accord with regulators to improve its capital position.

 

Salesforce.com Inc. (CRM) said Thursday revenue rose 25% on rising sales in its subscription and support segment as the company boosted its full-year sales target.

 

Williams-Sonoma Inc. (WSM) on Thursday reported lackluster sales for its fiscal third quarter and gave a downbeat current-quarter forecast, as the retailer faced retreating sales at its Pottery Barn brand.

 

Yum Brands Inc.(YUM)--the owner of the KFC, Pizza Hut and Taco Bell fast-food brands--is adding another $2 billion to its stock buyback authorization. The $2 billion, to be used by the end of 2017, would be on top of what is left of its $4.2 billion authorization announced in May. As of last month, the company had about $1.6 billion left from that authorization.

 

Write to Chris Wack at chris.wack@wsj.com or Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

November 18, 2016 09:23 ET (14:23 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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