Cisco Systems (CSCO) – Cisco rallied 4.5% in off-hours trading after the networking equipment and software company reported better-than-expected quarterly results and issued an upbeat forecast. Cisco also said it would implement a “limited business restructuring.”
Bath & Body Works (BBWI) – Bath & Body Works shares surged 21.9% in the premarket after the personal goods retailer raised its full-year earnings forecast. CEO Sarah Nash said the company is pleased with its holiday season product assortment and it is focused on inventory and expense management.
Sonos (SONO) – Sonos jumped 3.3% in premarket action after the high-end speaker maker’s sales for the latest quarter exceeded analyst forecasts. Sonos also said supply chain issues have eased and it has sufficient inventory for the holiday shopping season.
Norwegian Cruise Line (NCLH) – The cruise line operator’s stock slid 5% in premarket trading after a double-downgrade from Credit Suisse to underperform from outperform, with the firm citing a number of factors including valuation.
