Check out the companies making headlines after the bell : Lululemon Athletica — The athleisure maker popped 12% on strong first-quarter results that surpassed Wall Street’s estimates on the top and bottom lines. Lululemon posted earnings of $2.54 per share on $2.21 billion in revenue. It also raised its outlook for full-year earnings per share. Five Below — Shares of the discount retailer sank more than 13% on disappointing guidance. Five Below said it expects second-quarter revenue to range between $830 million and $850 million, behind an LSEG consensus estimate of $883 million. Revenue also came in behind expectations. Victoria’s Secret — The intimate apparel maker added less than 1%. Victoria’s Secret topped earnings expectations in the first quarter and posted revenues that were in line with Wall Street’s estimates. The company said it expects a low single-digit decline in revenues in the current period and reaffirmed its full-year outlook. Smartsheet — The enterprise platform stock leapt 12%. In its first quarter, Smartsheet posted adjusted earnings of 32 cents per share and $263 million in revenue. That surpassed an LSEG consensus estimate for earnings of 27 cents per share and $258 million in revenue. Sprinklr — The enterprise software stock tanked nearly 18% on a weak outlook. Sprinklr said it expects revenues to range between $779 million and $781 million for the full year, versus a prior outlook of $804.5 million to $805.5 million and a FactSet consensus estimate of $805.4 million. Second-quarter guidance also fell short of estimates.
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Gregory Daniels is your guide to the latest trends, viral sensations, and internet phenomena. With a finger on the pulse of digital culture, he explores what’s trending across social media and pop culture. Gregory enjoys staying ahead of the curve and sharing emerging trends with his readers.
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