Rite Aid, RH & more

Pedestrians cross a street in front of a Rite Aid store in Oakland, California.

David Paul Morris | Bloomberg | Getty Images

Check out the companies that hit the headlines on Wednesday after the bell:

KB Home – The housing company’s shares were down 3% after the company reported mixed results for the first quarter of the fiscal year. KB home reported earnings per share of $ 1.02 on sales of $ 1.14 billion. Analysts polled by Refinitiv expected earnings per share of 92 cents on sales of 1.21 billion US dollars.

RH – The furniture retailer’s shares fell 8% after the company released fourth quarter results that exceeded analysts’ expectations. RH had earnings per share of $ 5.07 on sales of $ 813 million. Analysts polled by Refinitiv forecast earnings per share of $ 4.76 on sales of $ 798 million.

Rite Aid – Rite Aid’s shares fell 16% when it was announced that the company had cut its EBITDA for fiscal 2021. The company expects full-year EBITDA between $ 425 million and $ 435 million. This is a decrease from a previous forecast of $ 490 million to $ 520 million. Rite Aid added that a weak flu season hurt sales in the same store in the previous quarter.

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