Levi Strauss (LEVI 17.05, +0.64, +3.9%): Levi Strauss beats by $0.06, beats on revs; reaffirms FY22 EPS guidance, revs guidance; also increases dividend by 20%
Occidental Petroleum (OXY 62.55, +1.08, +1.8%): 10% owner Berkshire Hathaway (Warren Buffett)bought 12,042,470 shares at $56.69 – $59.50 worth ~$698 mln.
WD-40 (WDFC 185.78, -19.07, -9.3%): WD-40 misses by $0.21, misses on revs; guides FY22 EPS below two analyst estimate, revs below two analyst estimate.
GameStop (GME 127.78, -7.34, -5.4%): GameStop’s CFO departs as the company announces layoffs.
Twitter (TWTR 37.28, -1.51, -3.9%): Twitter’s moving lower as Elon Musk’s bid to buy the company is in jeopardy, according to The Washington Post. Twitter is also laying off 30% of its talent acquisition team, according to the WSJ.
Nu Skin Enterprises (NUS 41.94, -1.75, -4.0%): Nu Skin guides Q2 revenue below consensus, citing COVID-related factors in China, the conflict in Ukraine, and a general economic downturn.
XPO Logistics (XPO 50.50, +2.04, +4.2%): XPO Logistics was upgraded to Overweight from Equal-Weight at Morgan Stanley.