After-hours buzz: VIPS, SHLD, TRVG, & more
Check out which companies are making headlines after the bell on Monday:
U.S.-listed shares of Vipshop (NYSE: VIPS) rose nearly 2 percent in extended trade on Monday after the company reported first-quarter earnings. The China-based company posted EPS of 1.31 RMB per share on revenue of 15.95 billion RMB. Analysts had expected EPS of 1.23 RMB on revenue of 15.60 billion RMB.
Sears (NASDAQ: SHLD) shares were up 1 percent after the company's CEO Eddie Lampert took "a stand." Lampert wrote a blog post on Monday defending the retailer after some of its vendors sought to "make themselves a better deal," with the CEO singling out vendor One World in particular.
Shares of Trivago (NASDAQ: TRVG) were up nearly 1 percent after the company reported first-quarter earnings. The hotel booking company posted earnings of 2 euro cents per share, as expected by a consensus of Thomson Reuters analysts. Trivago beat on the top line, reporting 267.6 million euros in revenue. Analysts had expected revenue of 250.7 million euros.
La Quinta (NYSE: LQ) shares were down as much as 1 percent after the Texas-based company said it is prepared to explore a sale. The hotel operator is looking to spin off the real estate side of its business into a REIT or real estate investment trust.
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