Chewy Inc jumped 18.1% to $27.81 after the online pet care and food products retailer reported rising sales as consumers ordered healthcare and consumable items and avoided non-discretionary purchases. 

Chewy said sales in the first quarter of 2022 rose 13.7% to $2.43 billion and net income fell 52.3% to $18.5 million. 

During the quarter, auto shipments rose to 72.2% of total sales, a new record high for the online retailer.   

Ciena Corp declined 1.3% to $50.68 after the networking gear maker said revenues in fiscal 2022 second quarter ending in April jumped 13.8% to $949.2 million and net income plunged 62.1% to $38.9 million or 25 cents from 66 cents a year ago. 

The company said demand for its products are strong but supply chain constraints are increasing uncertainties. 

GameStop Corp soared 4% to $124.32 after the retailer reported first quarter 2022 revenues increased 7.8% to $1.38 billion and net loss increased to $157.9 million from $66.8 million a year ago. 

The company reiterated its commitment to launch NFT wallet in the second quarter and expand its digital assets beyond physical retail stores. 

Land's End , Inc soared 18.6% to $13.22 after the apparel retailer said sales in the first quarter of 2022 ending in April declined 5.5% to $303.7 million and swung to a net loss of $2.4 million or 7 cents a share compared to net income of $2.6 million or 8 cents a share. 

Inventories jumped 10% to $436.9 million from a year ago. 

The retailer guided second quarter sales between $335 million and $350 million and net loss between $3 million and $6 million or 9 cents and 18 cents a share. 

For fiscal 2022 the retailer estimated revenues between $1.62 billion and $1.68 billion and earnings per share between $20.0 million and $29.0 million or 60 and 88 cents a share.  

Meta Platforms Inc rose 2.02% to $194.21 and Chief Operating Officer Sheryl Sandberg resigned and was replaced by the current chief growth officer Javier Olivan. 

Sandberg resigned after holding the position for a decade and guiding the company through a rapid growth phase. 

Sandberg will continue as a board member.   

Microsoft Corp fell 3% to $264.57 after the company said revenues and earnings are likely to lower than the previous guidance on the foreign exchange adjustments. 

The software company lowered its annual sales outlook to a new range between $51.94 billion and $52.74 billion from the previous range between $52.40 and $53.20. 

Diluted earnings per share in the fiscal fourth quarter ending in June is now expected to range between $2.24 and $2.34 from the previous estimate between $2.28 and $2.35. 

MongoDB Inc soared 16.9% to $282.31 after the company reported sales in the first quarter 2023 increased 57% to $285.4 million and net loss increased to $77.3 million or $1.14 a share compared to a loss of $64.0 million or $1.04 a share. 

The database developer guided second quarter revenues between $279.0 million and $282.0 million and fiscal 2023 revenues between $1,1172.0 million and 1,192.0 million. 

Stock surged after the quarterly results were ahead of expectations of sales and net loss.  

PVH Corp gained 1.8% to $72.63 after the parent of Calvin Klein and Tommy Hilfiger said sales in the first quarter ending in April 2022 rose 2% to $2.123 billion and net income increased 33% to $133.1 million from a year ago. 

Diluted earnings per share were ahead of expectations and rose to $1.94 from $1.38 a year ago. 

The branded apparel maker lowered its full-year 2022 revenue growth estimate to between 1% and 2% from the earlier estimated range between 2% and 3%. 

The company lowered its annual earnings per share outlook to $9.20 a share including the revised foreign exchange adjustment of 85 cents compared to previous estimate of 70 cents.    

Victoria's Secret rose 1.6% to $45.60 after the intimate apparel retailer reported fist quarter 2022 sales declined 4.5% to $1.48 billion and net income declined to $80.8 million from $174.03 million a year ago. 

The sales decline was driven by a 19.3% decline in direct or online sales to $420.6 million from $520.9 million a year ago.