Check out the companies making headlines before the bell. Lululemon – Shares rose 9% after the sports apparel retailer beat Wall Street expectations for the third quarter and shared in-line holiday guidance. Samsara – Shares fell more than 9% after the software company reported a weak outlook for the fourth quarter. Samsara expects earnings of 7 cents to 8 cents per share and revenue of $334 million to $336 million for the current fiscal year. Analysts surveyed by LSEG had expected earnings of 6 cents per share and revenue of $336 million. However, the company beat expectations for profit and sales in the third quarter. DocuSign – Shares of the e-signature company rose 1.3% after DocuSign announced fourth-quarter revenue of $758 million to $762 million. Consensus calls for a $756 million forecast, according to LSEG. Adjusted profit and sales for the third quarter also exceeded TheStreet’s expectations. Ulta Beauty – Shares rose nearly 12% after the beauty retailer’s third-quarter revenue and earnings beat expectations. Ulta earned $5.14 per share on revenue of $2.53 billion, beating consensus estimates of $4.54 per share on revenue of $2.5 billion, according to LSEG. The company also raised its full-year outlook. GitLab – Shares rose nearly 11% after the developer tools software maker posted better third-quarter earnings and revenue. GitLab reported adjusted earnings of 23 cents per share on revenue of $196 million. This significantly beat LSEG’s consensus estimate of 16 cents per share on revenue of $188 million. GitLab also named Bill Staples as its new CEO, effective Thursday. Rubrik – Shares rose about 24% after the data security company reported a smaller-than-expected third-quarter loss. Rubrik posted a loss of 21 cents per share in the quarter, while analysts surveyed by LSEG had expected a loss of 40 cents per share. The company also beat revenue expectations, posting sales of $236 million versus the consensus estimate of $218 million. UiPath – The automation software company’s fourth-quarter earnings outlook disappointed investors, sending its stock price down about 4%. UiPath expects revenue to be between $422 million and $427 million, while analysts surveyed by LSEG expected $424 million. However, the company’s third quarter results and sales exceeded analysts’ expectations. Asana – Shares rose more than 26% after the work management software company posted a smaller-than-expected adjusted loss. Asana posted a loss of 2 cents per share on revenue of $184 million. Analysts had expected a loss of 7 cents a share on revenue of $181 million, according to LSEG. Petco Health & Wellness – The pet retailer soared more than 8% after reporting a smaller loss than the Street expected. Petco reported a third-quarter loss of 2 cents per share, while analysts surveyed by LSEG had expected a loss of 4 cents per share. The company’s revenue for the period also exceeded expectations. Victoria’s Secret – Shares rose about 3% after the retailer’s better-than-expected third-quarter results. Victoria’s Secret posted a loss of 50 cents per share on revenue of $1.35 billion. Analysts surveyed by LSEG had expected a loss of 63 cents per share on revenue of $1.29 billion. The company also raised its full-year outlook. AMC Entertainment – Shares fell more than 8% after the movie theater chain agreed to sell up to 50 million shares. This comes after meme stock personality “Roaring Kitty”‘s posts on X sent both the company and GameStop’s stock prices up about 6% in the previous session. — CNBC’s Samantha Soobin and Ha-Kyung Kim contributed reporting.
