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Check out the companies making headlines before the bell:
Wendy's (WEN) –Wendy's reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and labor, and its shares slid 3.4% in premarket trading.
Krispy Kreme (DNUT) – Krispy Kreme gained 1.6% in the premarket after beating top and bottom line estimates for its latest quarter. The donut chain's «sales per hub» metric jumped 49.2% for international markets and 19.4% for the U.S. and Canada.
Perrigo (PRGO) – Perrigo fell 4.1% in premarket trading after reporting a mixed quarter, with adjusted profit of 33 cents per share falling short of the 42 cent consensus estimate. However, the over-the-counter drug maker did report better than expected revenue and raised its full-year outlook after completing the acquisition of consumer health care company HRA Pharma earlier this month.
Roblox (RBLX) – Roblox posted a wider than expected loss for its latest quarter as well as sales that fell shy of Street forecasts. The gaming platform company also said it expects losses to continue for the foreseeable future, as expenses rise and as pandemic-induced demand increases fade. Roblox fell 1.1% in premarket action, paring an earlier 10% off-hours loss.
Unity Software (U) – Unity Software plunged 23% in the premarket, after the video game software developer issued weaker than expected revenue guidance. Its latest quarterly loss matched estimates, but it sales were shy of consensus.
Coinbase (COIN) – Coinbase slumped 14.4% in premarket trading after it reported an unexpected quarterly loss. The cryptocurrency exchange
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