Among the companies with shares expected to trade actively in Thursday's session are Abercrombie & Fitch Co.'s (ANF), Dollar Tree Inc. (DLTR), and Seadrill Ltd. (SDRL).

 

Abercrombie & Fitch Co.'s turnaround efforts were derailed last quarter, as fewer shoppers visited its stores and the teen retailer tried to hold the line on discounts. Shares dropped 11% to $22.30 in premarket trading.

 

Dollar Tree Inc. boosted its outlook for the year as it reported that sales more than doubled in the most recent quarter, helped by its acquisition of rival Family Dollar and overhead cost improvement. The company's shares were up 7.8% to $84.50 in premarket trading.

 

Seadrill Ltd. said Thursday it was stepping up cost-cutting to counter difficult market conditions as the Oslo-listed offshore drilling company's profit plunged on the year amid weaker rig rates. Shares of Seadrill rose 5% to $3.58 premarket.

 

Costco Wholesale Corp. (COST) said its sales stagnated in its third quarter, and the bulk seller also gave investors a glimpse into how much a wage increase for its store workers could affect its bottom line. Shares rose 3% to $148.81 premarket.

 

Ionis Pharmaceuticals Inc. (IONS) said partner GlaxoSmithKline PLC has opted against initiating a phase-three study of a treatment for a rare, potentially fatal organ condition the companies have been co-developing. The company's shares tumbled 15% to $29.87 premarket.

 

Lions Gate Entertainment Corp. (LGF) said strong results from television operations including "Orange Is the New Black" in the fiscal fourth quarter helped to offset the softer performance of its movies.

 

NetApp Inc. (NTAP) on Wednesday gave disappointing financial projections for the current quarter as it swung to a fourth-quarter loss driven by a 10% revenue decline and $80 million in costs tied to the latest round of layoffs.

 

Burlington Stores Inc. (BURL) raised it guidance for the current year as the off-price apparel retailer reported that its earnings rose 46% for the three-month period ended in April.

 

Dollar General Corp. (DG) on Thursday posted earnings for the most recent quarter well above market views as sales at the discount retailer continued to climb and margins improved.

 

Chico's FAS Inc. (CHS), under pressure from an activist investor, reported results for the first quarter that missed expectations, and the women's apparel retailer said it had stepped up its cost-cutting efforts.

 

Signet Jewelers Ltd. (SIG) issued guidance for the current quarter mostly below Wall Street's expectations as the retailer reported that its earnings rose 24% in the April quarter.

 

Williams-Sonoma Inc.'s (WSM) first-quarter profit fell 12%, but results exceeded the company's guidance amid improvement at Pottery Barn and favorable results from inventory initiatives.

 

Sears Holdings Corp. (SHLD) reported narrow improvement in its bottom line in the first quarter as the retailer trimmed expenses, though revenue continued to slide, and announced the departure of its chief financial officer.

 

Guess Inc. (GES) swung to a wider-than-expected loss in the first quarter, hurt by restructuring charges.

 

HP Inc. (HPQ), the personal-computer and printer business created by the breakup of Hewlett-Packard Co. last year, on Wednesday cut the high end of its annual guidance as it reported a steeper-than-expected sales drop in the most recent quarter.

 

PVH Corp. (PVH) on Wednesday raised its profit guidance for the year after posting stronger-than-expected results for its first quarter on higher sales of its Calvin Klein and Tommy Hilfiger brands.

 

Movado Group Inc. (MOV) on Thursday slashed its already bleak guidance for the year as the watchmaker reported profit declined and sales slid below consensus views in the most recent quarter.

 

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

 

(END) Dow Jones Newswires

May 26, 2016 09:37 ET (13:37 GMT)

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