Stocks making the biggest moves after hours: Ross Stores, Intuit, Workday and more

Check out the companies making headlines in extended trading. Ross Stores – Shares of the discount clothing store jumped 7%. Ross Stores reported first quarter earnings of $1.46 per share on revenue of $4.86 billion. Analysts polled by LSEG anticipated earnings of $1.35 per share and revenue of $4.83 billion. Workday — The enterprise management company pulled […]

Earnings call: CarMax reports mixed Q1 FY2025 results, growth initiatives

CarMax, Inc. (KMX) in its Q1 Quarter Fiscal Year 2025 Earnings Release Conference Call, presented a mixed financial performance with total sales of $7.1 billion, marking a 7% decrease from the previous year. Despite the drop in total sales and unit sales, the company reported positive developments, such as a 7% year-over-year increase in CarMax […]

China Vanke sells Shenzhen land plot at loss-making reserve price

 Cash-strapped China Vanke (000002.SZ), opens new tab has sold a Shenzhen land plot via auction for 2.24 billion yuan ($309.18 million), a filing on Monday showed, more than 27% below the price it paid for the same 19,000 square-metre block nearly seven years ago. Vanke is working to raise funds after saying last month it is facing short-term liquidity […]