Among the companies with shares expected to trade actively in Wednesday's session are Best Buy Co. (BBY), Weight Watchers International Inc. (WTW), and Lowe's Cos. (LOW).

 

Best Buy posted a surprise decline in revenue in the final quarter of the year as it struggled to make certain products available to customers. Shares of the company dropped 3.9% to $42.43 in premarket trading.

 

Weight Watchers profit more than doubled in 2016 as the weight-loss company expanded its member rolls for the first time in four years. Shares climbed 17% to $16.90 premarket.

 

Lowe's posted revenue and profit growth in the latest quarter as an increase in same-store sales helped drive results. Shares rose 8.9% to $81.00 premarket.

 

Dollar Tree Inc.'s (DLTR) profit shot up 41% in the latest quarter and margins expanded amid more shoppers coming to its stores--and spending more while there. The company's shares rose 3.7% to $79.54 premarket.

 

Sarepta Therapeutics Inc. (SRPT) has dropped 6.9% to $28.96 after reporting a smaller-than-expected loss, but offering below-consensus guidance.

 

Mylan NV's (MYL) profit more than doubled in the final quarter of the year as the drug maker posted double-digit sales gains across regions. Results easily topped expectations and shares were up 5.7% premarket at $44.25.

 

United States Steel Corp. (X) has gained 3.9% after promoting its chief financial officer to president.

 

Salesforce.com Inc. (CRM) posted a 29% jump in deferred revenue for its fiscal fourth quarter, a sign the business-software company continues to rack up customers moving computing operations to the cloud. Because Salesforce relies on subscriptions of its web-based, on-demand software, deferred revenue is considered a better indicator for the company's prospects than overall revenue.

 

Tribune Media Co. (TRCO) swung to a profit in the fourth quarter as political advertising during the quarter boosted its top line.

 

American Eagle Outfitters Inc. (AEO) suffered a comparable-store sales decline in for its namesake brand its latest quarter as the company said it faced a challenging retail environment. Shares fell 5.4% in premarket trading as the company posted a revenue and profit decline.

 

Office Depot Inc. (ODP) said it doesn't anticipate sales growth this year as the office-supplies retailer reported its top line fell 2% in the fourth quarter.

 

Sluggish holiday sales compounded by drone production issues drove chip maker Ambarella Inc. (AMBA) to its first annual revenue decline as a public company. Fourth-quarter profit, however, surged more than threefold while sales rose 29%.

 

Etsy Inc.'s (ETSY) quarterly loss widened sharply on higher expenses, even as the company continued to add users and posted strong revenue growth.

 

Box-office hits and acquisitions helped AMC Entertainment Holdings Inc. (AMC) post record-high revenue even as acquisition costs dragged down profit in the latest period.

 

Ross Stores Inc.'s (ROST) fourth-quarter results beat projections, but the retailer offered a tepid projections for the current quarter and business year citing political and economic uncertainty.

 

Write to Jenny Roth at jenny.roth@wsj.com and Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

March 01, 2017 09:31 ET (14:31 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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