Nordstrom (JWN)

Nordstrom stock plunged 13.2% in premarket action after the firm cut its full-year outlook, saying foot traffic had declined at the end of its most recent quarter and that it was aggressively working to cut inventory levels. Nordstrom reported higher-than-expected profit and revenue for its second quarter.

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Brinker International (EAT)

The stock slipped 8.1% in premarket trading after the parent of the Chili’s and Maggiano’s restaurant chains reported lower-than-expected quarterly earnings due to higher costs. It also issued a lower-than-expected full-year outlook.

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Farfetch (FTCH)

Shares of the luxury e-commerce specialist soared 15.9% in premarket trading after its deal to acquire 47.5% of online fashion retailer YNAP from Switzerland’s Richemont for more than 50 million Farfetch shares.

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Intuit (INTU)

Intuit gained 5.8% in the premarket after exceeding Street forecasts for quarterly profit and revenue and issuing an upbeat forecast. The financial software provider also raised its quarterly dividend by 15% and increased its share buyback authorization.

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Petco (WOOF)

Shares of the pet products retailer fell 5.3% in the premarket after falling short of Street forecasts on both the top and bottom lines for its latest quarter. The company slashed its full-year outlook as it faced higher costs.

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Toll Brothers (TOL)

Shares of the luxury home builder fell 2.6% after it cut its deliveries guidance for the year amid supply chain and labour shortages. Toll Brothers reported better-than-expected earnings for the second quarter. However, the revenue falls short of Street forecasts.

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Bed Bath & Beyond (BBBY)

Bed Bath & Beyond jumped 15.6% in premarket trading after the Wall Street Journal reported that the company had lined up financing to shore up its liquidity.

Urban Outfitters (URBN)

Shares of the apparel retailer slid 2.8% after reporting a lower-than-expected quarterly profit. Urban Outfitters saw improved sales in its stores as customer traffic increased, but also posted a decline in digital sales.

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La-Z-Boy (LZB)

The stock rallied 6.6% in the premarket after the furniture retailer posted a better-than-expected quarter and issued a positive outlook. It issued cautious statements regarding the possible impact of microeconomic uncertainty.

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Advance Auto Parts (AAP)

Advance Auto Parts tumbled 6.5% in premarket action after it fell short of analyst estimates for both the top and bottom lines for its latest quarter. The company also lowered its full-year outlook. Inflation and higher fuel costs had a negative effect on its do-it-yourself business during the quarter, the auto parts retailer said.