Employees set up a Nike emblem lamp exterior the Wukesong Enviornment in Beijing, August 28, 2019.Tingshu Wang | ReutersCheck out the businesses making headlines after the bell:Nike — Shares of the athletic retailer soared greater than 9% in prolonged buying and selling on Tuesday after reporting better-than-expected fiscal first quarter earnings. Nike reported earnings of 95 cents per share on income of $10.59 billion. Analysts polled by Refinitiv anticipated earnings of 47 cents per share on income of $9.15 billion. Digital gross sales for the sneaker big have been up 82%. KB House — Shares of the house builder popped almost 4% in prolonged buying and selling on Tuesday after beating on the highest and backside strains of its fiscal third quarter earnings. KB House earned 83 cents per share on income of $999 million. Wall Street was anticipating earnings of 53 cents per share on income of $893 million, based on Refinitiv. Sew Repair — Shares on the customized buying firm cratered greater than 14% in after hours buying and selling on Tuesday after reporting a lack of 44 cents per share, 28 cents beneath analysts estimates for its quarterly earnings, based on Refinitiv. Sew Repair reported income of $443 million, topping the $415 million estimates. Sew Repair mentioned it has 3.5 million lively shoppers, a rise of 9% year-over-year.Lululemon — Shares of the athletic retailer ticked greater than 1% increased after the bell on Tuesday after asserting the corporate will restart its stock repurchase program, which was halted on account of Covid-19. Tesla — Shares of the electrical automobile maker rose 1.2% after hours following the stock’s 5.6% drop on Tuesday. Forward of the corporate’s annual assembly of stockholders and Battery Day presentation, CEO Elon Musk mentioned the bulletins made “is not going to attain critical high-volume manufacturing till 2022.” The extremely anticipated occasion kicks off at 4:30 pm ET.
