Check out the companies that are making headlines after the bell:
Beyond Meat – The plant-based meat company’s shares fell 1.3% in expanded trading after JPMorgan reported that Dunkin recently discontinued its Beyond Sausage breakfast sandwich. “We personally enjoyed the Beyond Sausage sandwich at Dunkin ‘and thought it was one of BYND’s best, but apparently it didn’t sell as well as expected,” JPMorgan’s Ken Goldman and Anoori Naughton said in a note.
KB Home – KB Home shares fell 3.2% in extended trading after the home builder released mixed financial results for the second quarter. The company posted earnings of $ 1.50 per share, according to Refinitiv, beating analysts’ expectations of $ 1.32 per share. However, KB Home’s quarterly revenue of $ 1.44 billion fell short of Wall Street’s estimates; Analysts were expecting sales of $ 1.5 billion.
Steelcase – Steelcase stock rose 4.5% after the better-than-expected financial results in the first quarter after hours. According to FactSet, the furniture company reported a loss of 24 cents per share, less than analysts’ expectations of 30 cents per share. Steelcase also announced that it will reset its quarterly cash dividend to its pre-pandemic level of $ 0.145 per share.
Sprinklr – Sprinklr shares rose nearly 10% hourly after the customer experience software company’s public debut on Wednesday. The shares opened at $ 14.60 and closed the regular session at $ 17.60.