Shares of Restoration Hardware, DocuSign, and Zumiez are all moving in after-hours trading.
SEANA SMITH: We have RH, DocuSign, and Zumiez. Let's kick it off with RH. Shares up just about 1% after hours and move now coming after the company reported what was looking at, like, pretty solid second quarter results. Revenue and EPS both beating on the top and bottom line. That's the reason that we're seeing the stock up just about 3 bucks here after our CEO Gary Freeman saying that RH continues to avoid promotions, something that's very prevalent in the retail industry. over the past six months.
Clearly a tough time for the stock. You see shares off just about 21% in the past year. No different with the stock off about 61%. And here we are today sitting not too far from those 52-week lows.
Let's take a look at DocuSign shares rallying here after hours. And very strong results. You can see the stock up just over 17%. Revenue coming in better than expected jumping 22%. Year over year subscription revenue at $605 million. That number was strong. The company also raising its full year subscription revenue forecast, something that the Street is excited about. This rally is surely needed. Taking a look at the stock year today under a tremendous amount of pressure with shares off 62%.
Wrapping it up with Zumiez, the retailer here. A tough day for this stock with shares off just over 9%. After hours guidance falling short. Second quarter results also coming in a bit light, missing on both the top and bottom lines. Sales dropping 18% from just a year ago. The CEO there saying that inflation continues to weigh on consumer spending in the past. Our year to date, we can look at that. Off just about 44% in the past year. Losses a bit less, still off about 30% in the past year with the stock closing today at 26.54 a share. Rochelle.