U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Friday.
Shares of Ross Stores, Inc. (NASDAQ:ROST) fell sharply in today's pre-market trading after the company issued second-quarter EPS guidance below estimates.
Ross Stores reported quarterly earnings of $1.47 per share, which beat the Street estimate of $1.44. Quarterly revenue came in at $4.99 billion, which beat the $4.97 billion consensus estimate.
Ross Stores said it sees second-quarter GAAP EPS in a range of $1.40 to $1.55, versus the $1.65 analyst estimate.
Ross Stores shares dipped 11.2% to $135.00 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Bicara Therapeutics Inc. (NASDAQ:BCAX) shares dipped 20.2% to $12.50 in pre-market trading after the company announced a publication of phase 1/1b trial data for ficerafusp alfa showing mixed results, with median survival still unreached and limited clarity on long-term efficacy.
- Deckers Outdoor Corporation (NYSE:DECK) fell 16% to $105.90 in pre-market trading after the company reported fourth-quarter financial results for fiscal 2025 after the market close on Thursday. Deckers expects first-quarter revenue of $890 million to $910 million versus estimates of $925.86 million. The company anticipates first-quarter earnings of 62 cents to 67 cents per share versus estimates of 81 cents per share.
- Gyre Therapeutics, Inc. (NASDAQ:GYRE) fell 14.4% to $9.60 in pre-market trading as the company announced the pricing of $20.0 million public offering of common stock.
- Hallador Energy Company (NASDAQ:HNRG) shares tumbled 9.7% to $17.00 in pre-market trading.
- Xerox Holdings Corporation (NASDAQ:XRX) dipped 9.6% to $4.62 in pre-market trading after the company announced it reduced its quarterly dividend from $0.125 per share to $0.025.
- MINISO Group Holding Limited (NYSE:MNSO) fell 8.5% to $20.30 in pre-market trading following third-quarter results.
- SBC Medical Group Holdings Incorporated (NASDAQ:SBC) dipped 7% to $3.57 in pre-market trading.
- Workday, Inc. (NASDAQ:WDAY) declined 6.5% to $254.40 in pre-market trading after the company issued second-quarter sales guidance below estimates.
- Navitas Semiconductor Corporation (NASDAQ:NVTS) dipped 6.3% to $4.73 in pre-market trading. Navitas Semiconductor shares jumped 164% on Thursday after Nvidia selected the company to collaborate on 800V HVDC architecture.
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