Robin Red, Callaway Golf, HR

Discover the companies that make the headlines Thursday noon:

RH – The furniture maker has soared more than 20% after posting quarterly figures exceeding expectations and raising its outlook for the year. RH, formerly known as Restoration Hardware, reported earnings per share of $ 1.85 on a turnover of $ 598 million. Analysts surveyed by Refinitiv were expecting a profit of 1.55 USD per share for a turnover of 584 million USD. The company also expects its annual profit to be between $ 8.76 and $ 9.27. This represents an earlier range of $ 8.05 to $ 8.69 per share.

Red Robin Gourmet Burgers – Red Robin's share price jumped by nearly 30% as former equity investor and shareholder, Capital Capital, showed interest in privatizing the company with a $ 40 per share offer.

Callaway Golf – The golf club maker's shares surged by over 12% after activist Jana Partners revealed a 9.2% stake in the company. This position makes Jana the second largest shareholder, Callaway.

Disney – The media giant has grown more than 3% after a Morgan Stanley analyst raised his stock price target from 135 to $ 160 per share. The analyst said Disney's streaming service, Disney +, could increase the company's earnings by $ 11 per share over the next five years.

Oxford Industries – The high-end clothing company's shares jumped more than 7% on better-than-expected first quarter results. Oxford reported earnings per share of $ 1.30. Analysts surveyed by Refinitiv expected earnings of $ 1.21 per share. The company also stated that it "continues to mitigate the risks associated with any rate increases".

American Airlines – American Airlines shares climbed 6% after JP Morgan highlighted rising domestic rates. "We are convinced that the knowledge of an increase in the resilience of domestic tariffs is not yet integrated into the market," said the analyst.

Hess, Phillips 66, Schlumberger – Energy stocks rose in line with oil prices after two tanker explosions in the Gulf of Oman. Hess and Phillips 66 both gained more than 2% while Schlumberger gained 3%.

Lululemon Athletica – Lululemon shares rose 2.7% and hit a record high after their first quarter results exceeded expectations. The garment maker posted earnings per share of 74 cents, exceeding the estimate estimated by Refinitiv at 70 cents. The company's revenues have exceeded analysts' estimates. Lululemon also raised its profit and revenue forecast for the year.

Williams-Sonoma – Stocks rose 6% after an analyst at Gordon Haskett upgraded Williams-Sonoma to allow him to accumulate new stock.