U.S. stock futures pointed to gains at Friday's open after early strong advances Thursday turned into steep losses by the close.
lost 8 cents per share for its latest quarter, half the loss that Wall Street was expecting. Revenue also came in above forecasts. The online pet products seller added more customers in the first half of this year than it did all of last year, as homebound consumers ordered more of their pet supplies online. reported a quarterly loss of $1.24 per share, smaller than the anticipated loss of $1.40.
said it expected current-quarter revenue to grow about 10% from the year-ago total of $312.8 million, saying the brand has shown tremendous resilience in the face of the Covid-19 pandemic. The projected revenue for the quarter ending Sept. 30 would be above the current consensus estimate of $305.2 million. earned $1.01 per share for its second quarter, well above the consensus estimate of $1.01 a share.
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