Check out the companies making headlines before the bell. American Eagle Outfitters — The apparel retailer’s stock fell nearly 14% after disappointing holiday guidance. American Eagle Outfitters expects comparable sales to increase 1% and total sales to decline 4% in the same period. This is lower than the 2.2% comparable sales growth expected by StreetAccount. Five Below — Shares rose 14% after the discount retailer reported third-quarter profit and revenue. Five Below reported adjusted earnings of 42 cents per share on revenue of $844 million. Analysts polled by LSEG had expected revenue of $799 million and profit of 17 cents. Crypto stocks — Stocks related to cryptocurrencies rose as Bitcoin topped $100,000 for the first time. MicroStrategy soared nearly 8%, while Robinhood Markets rose 6%. Mara Holdings and Riot Platforms rose 5% and 6%, respectively. Hewlett Packard Enterprise — Hewlett Packard Enterprise rises nearly 4% after Morgan Stanley puts the stock overweight ahead of earnings, citing an “attractive near-term value proposition” did. Dollar General — The discount retailer rose 1.9% on stronger quarterly sales and a slight increase in same-store sales. Dollar General announced that third-quarter same-store sales rose 1.3%, beating Street Account estimates of 1%. Indeed, the company also lowered its full-year profit forecast. SentinelOne — Cybersecurity stock fell 15% following mixed quarterly results. SentinelOne reported third-quarter adjusted breakeven earnings, which were 1 cent less per share than analysts surveyed by LSEG expected. Revenues were slightly above expectations. Kroger — The grocery stock fell 2% after third-quarter sales fell short of expectations. Kroger reported sales of $33.63 billion for the quarter, while analysts were expecting sales of $34.19 billion, according to FactSet. Kroger also trimmed its full-year profit outlook. Sprinklr — Shares rose more than 5% after the social management software company reported better-than-expected third-quarter results. Sprinkler’s adjusted earnings were 10 cents a share, beating analysts’ expectations of 8 cents a share, according to FactSet. Revenue was $207 million, beating consensus estimates of $196.4 million. AeroVironment – Shares fell about 10% as the maker of unmanned aircraft systems gave a weak full-year outlook. AeroVironment expects full-year sales to be between $790 million and $820 million, lower than the $828 million expected by analysts surveyed by LSEG. Full-year adjusted earnings forecasts were also disappointing, with the company expecting $3.18 to $3.49 per share, compared to the consensus estimate of $3.49 per share. Chargepoint — The electric vehicle charging stock rose nearly 11%. Chargepoint reported lower net loss year-over-year and better-than-expected sales. Synopsys — Shares fell 8% after disappointing first-quarter earnings and revenue guidance. The company said it expects earnings per share to be in the range of $2.77 to $2.82, compared with LSEG’s forecast of $3.53. Sales are expected to fall short of the expected $1.631 billion. Signet Jewelers — The jewelry retailer plunged nearly 15% after it lowered its previous revenue and revenue guidance and reported disappointing third-quarter results that fell short of expectations for sales and bottom line. The company said it expects profit to be in the range of $6.74 billion to $6.81 billion this year, compared with previous expectations of $6.66 billion to $7.02 billion. — CNBC’s Sarah Ming, Michelle Fox, Jesse Pound, Pia Singh and Sean Conlon contributed reporting
Stocks with the biggest moves pre-market: AEO, FIVE, COIN
