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Ulta Beauty, Big Lots, Autodesk, Workday and more

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Ulta Beauty store.

Scott Mlyn | CNBC

Take a look at the businesses making headlines in midday trading Friday.

Ulta Beauty — The wonder retailer surged 12.5% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the complete yr.

American Eagle — The stock dropped 6.6% after the retailer posted weaker-than-expected quarterly revenue. American Eagle reported $1.055 billion in revenue versus the Refinitiv consensus estimate of $1.142 billion.

Autodesk — Shares surged 10.3% after the software company reported earnings and revenue that beat analyst expectations. Autodesk reported total net revenue of $1.170 billion that was higher than Refinitiv consensus estimate of $1.145 billion. The corporate’s earnings got here in at $1.43 per share, beating expectations by 9 cents a share.

Big Lots — Shares dropped 12.1% after the discounter reported an earnings miss. Big Lots cited inflationary pressures while issuing weaker full-year guidance. The corporate’s comparable-store sales also fell greater than expected.

Pinduoduo — Shares soared 15.2% after the Chinese e-commerce company reported quarterly results that surpassed expectations. Pinduoduo also reported a 7% in lively buyers from the year-earlier period.

Dell — Shares of the IT company surged 12.9% following better-than-expected profit and revenue for the previous quarter. The pc hardware maker said it benefited from a jump in demand for desktop and laptop computers by business customers.

Red Robin — Shares of Red Robin Gourmet Burgers soared 25.1% after the restaurant chain beat on revenue estimates and shared a smaller-than-expected loss within the recent quarter. Comparable-store sales rose 19.7% yr over yr, beating a StreetAccount forecast of 17%.

Marvell Technology — Shares jumped 6.7% after the corporate reported earnings that beat expectations. Marvell Technology reported earnings of 52 cents per share on revenues of $1.447 billion. Analysts polled by Refinitiv were expecting earnings of 51 cents per share on revenues of $1.427 billion.

Workday — Shares dropped 5.6% after the human capital management company reported earnings that got here in below expectations. Workday reported earnings of 83 cents per share, which was lower than Refinitiv consensus estimates of 86 cents per share.

— CNBC’s Tanaya Macheel, Hannah Miao and Samantha Subin contributed reporting.

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