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Here are the stocks making headlines after the bell.
AMC Entertainment — Shares of the movie theater chain were trading over 9% higher after the company announced that it would open an approximately 140 additional theaters by Sept. 4, bringing the number of its theaters open to about 70%. Those locations include its first theaters in California to reopen since the Covid-19 pandemic led to widespread closures. That timeline allows for viewers to see Warner Brothers’ “Tenet,” a highly anticipated movie that makes its U.S. debut this weekend.
At Home Group — Shares of the Home Decor retailer slid more than 12% after the company reported lower than expected revenue for its second quarter. At Home said it earned $1.41 in adjusted earnings per share on $512.5 million of revenue. Analysts surveyed by FactSet were looking for $1.31 in earnings per share and $515 million in revenue. At Home also did not give forward guidance, citing uncertainties caused by the pandemic.
Shoe Carnival — The retail stock dropped sharply in extended trading, losing more than 15% after the shoe company reported slower than expected same store sales growth for its second quarter. Shoe Carnival said comparable sales grew by 12.6% during the period for total net sales of $300.8 million. Wall Street analysts were looking for 16.5% growth and $310.5 million in net sales, according to FactSet. The stock, which has a market cap of roughly $500 million, had risen by more than 30% since Aug. 21.
Jamf Holding Corp. — Shares of the information technology company dropped 7% after Jamf reported weaker-than-expected earnings for its second quarter. The company reported adjusted earnings of five cents per share, two cents below what analysts were looking for, according to FactSet. This was the company’s first quarterly report since its initial public offering on July 22.
