Salesforce, Dollar Tree, Coty and more

Here are the actions that make the headlines of the midday exchanges.

Salesforce – Salesforce shares rose 4.7% after the enterprise software maker reported second-quarter earnings and guidance that beat analysts’ expectations. Revenue increased 23% year-over-year in the quarter, the same growth as in the previous quarter.

Dollar Tree – Shares of the discount retailer fell more than 10% after reporting a mixed quarter. Dollar Tree posted earnings of $ 1.23 per share, beating analysts’ estimates of $ 1.00. It reported revenue of $ 6.34 billion, which missed estimates of $ 6.45 billion.

Dollar General – Shares of Dollar General fell about 4% despite the discount retailer beating earnings estimates on both the top and bottom. Dollar General reported earnings of $ 2.69 per share on revenue of $ 8.65 billion. Analysts had expected earnings of $ 2.59 per share on revenue of $ 8.61 billion, according to Refinitiv. However, Dollar General has released lower than expected earnings guidance for the full year.

Autodesk – Software inventory fell more than 8% after its second quarter earnings report. Autodesk beat earnings per share estimates, but revenue was in line with expectations and its outlook for the third quarter showed only small increases for both measures.

Williams-Sonoma – Shares of the retailer rose 10% after reporting better-than-expected earnings and earnings. Williams-Sonoma earned $ 3.24 per share, beating estimates of $ 2.61 per share, according to Refinitiv. The company posted sales of $ 1.95 billion in the last quarter, higher than forecast of $ 1.81 billion.

Abercrombie & Fitch – Shares of Abercrombie & Fitch fell 12% after the clothing retailer missed quarterly earnings expectations. The company reported revenue of $ 865 million, while analysts expected $ 879 million, according to Refinitiv. Abercrombie & Fitch exceeded earnings expectations of 93 cents per share with earnings of $ 1.70 per share.

Zoom Video – Shares of the video conferencing company rose 1.8% after Morgan Stanley put the stock overweight to equal weight. The company said in a note to customers that the market is overly concerned about Zoom’s growth prospects as workers return to the office.

Coty – Shares of the cosmetics company rose more than 16% after Coty reported better-than-expected sales for its fiscal fourth quarter. The company also said it expects positive sales growth over the coming year.

JM Smucker – Food inventory fell more than 3% despite JM Smucker beating estimates on financial results for its first fiscal quarter. The company reported adjusted earnings per share of $ 1.90 on revenue of $ 1.86 billion. Analysts polled by Refinitiv were looking for $ 1.86 per share out of $ 1.8 billion in revenue.

Pure Storage – The information technology stock rose more than 14% after Pure Storage reported higher and lower results for its fiscal second quarter. Revenue increased 23% year over year, with subscription revenue increasing 31%.

– CNBC’s Hannah Miao, Maggie Fitzgerald and Tanaya Macheel contributed to this report.