Lululemon, Five Below, and Broadcom are all moving in after-hours trading. Yahoo Finance Live's Seana Smith breaks down the action.
SEANA SMITH: Let's take a look at some of the trending tickers here after-hours. Three names for you-- Lululemon, Five Below, and Broadcom. Kicking it off with Lululemon, the outperformer here. Shares up about 12% in extended trading, a remarkable, very, very strong report here from the retailer. Comp sales up 14%, really sidestepping some of the weakness that we have seen from a number of Lululemon's competitors here this earnings season.
Inventory issues also getting a better handle of that. They were up 24% on a year-over-year basis. But that's-- but that's down from the 50% gain that we saw in the prior quarter. Over the last three months, we're looking at gains of just about 6% year to date. The stock up about 2 and 1/2 per cent. So underperforming the broader S&P with gains there of just about 10%.
Let's take a look at Five Below, another retailer up just about 6% in extended trading. Take a look at these results. Becoming narrowing its full year EPS guidance. Q1 comp sales actually missing expectations, coming in 2.7%. The expectation was just around 3.3%.
So it looks like investors are looking past that, focusing on some of the positive commentary that we got in this earnings release from Five Below's CEO. Year-to-date, the stock has been under pressure, off just about 4% over the past year, though shares up about 33.
And rounding it out with Broadcom, that stock essentially flat here in extended trading. The company's beating the both the top and bottom line 3Q sales. Guidance also coming in better than expected. Broadcom, one of the companies that did talk about AI in the earnings release, saying that they are supporting a measured ramp to the large scale of AI networks here. The stock over the past year, up just about 38%.