Copart, Inc increased 0.7% to $68.85 after the online auctions services provider met investors' expectations. 

Revenue in the fiscal second quarter ending in January increased 10.9% to $956.7 million and net income rose to 2.2% to $23.2 million compared to $287.4 million a year ago. 

Diluted earnings per share increased to 62 cents from 61 cents a year ago.    

The company said used car prices on its auction platform have jumped 55% over the last three years to 2022. 

Expeditors International of Washington Inc declined 5.5% to $105.25 after the logistics services provider reported a sharp decline in earnings and revenue in its latest quarter. 

Revenue in the fourth quarter fell 36% to $3.6 billion and net income dropped 52% to $219 million from $452.8 million and diluted earnings per share declined 48% to $1.38 compared to $2.69 in the previous year. 

The demand for goods from North Asia plunged sharply after the U.S. customers retrenched in the face of elevated inflation and looming economic slowdown worries. 

“As pandemic-related bottlenecks eased and air and ocean supply/demand imbalances began to dissipate in the first half of the year, average buy and sell rates progressively declined to varying degrees, as they typically do – until they suddenly began to plummet simultaneously and faster than we would have expected in the fourth quarter,” said Jeffrey S. Musser, President and Chief Executive Officer. 

Home Depot Inc fell 6% to $298.77 after the home improvement retailer reported weaker-than-expected quarterly results. 

The retailer said revenue in the fiscal fourth quarter ending in January increased 0.3% to $35.8 billion from the previous year. 

Comparable sales for the fourth quarter fell 0.3% and comparable sales in the U.S. decreased 0.3%.

Net earnings for the fourth quarter were $3.4 billion or $3.30 per diluted share compared with net earnings of $3.4 billion or $3.21 per diluted share a year ago. 

The home improvement retailer said sales and comparable sales growth to be approximately flat compared to fiscal 2022 as consumers shift aways from goods to services. 

Nordson Corp dropped 13.8% to $212.25 after the maker of adhesive dispensing equipment reported quarterly results below expectations. 

Revenue in the fiscal first quarter ending in January rose 1% to $610 million and net income fell to $104 million from $120 million in the previous year. 

Diluted earnings per share dropped to $1.81 from $2.05 a year ago. 

The company lowered its fiscal year sales outlook to between zero and 3.0% and adjusted earnings outlook to between $8.75 and $9.50 a share. 

"While the backlog remains robust at approximately $1 billion, the backlog is not consistent across the different businesses and is heavily weighted toward systems and medical interventional solutions. 

Order entry in recent weeks has decreased from the previous run rate and several customers have been pushing delivery dates out into the second half of fiscal 2023," the company noted in the earnings statement. 

Walmart Inc increased 0.7% to $147.56 after the discount retailer reported strong quarterly results as high income consumers search for bargains in the face of high inflation. 

Total revenues in the fourth quarter rose 7.9% to $164 billion and comparable sales in the U.S. rose 8.3% from the previous year and 13.9% from two-years ago. 

Sam’s Club comparable sales  increased 12.2% from a year ago and 22.6% in two years and membership income increased 7.1% to and membership count rose to a record high. 

Total transactions at Walmart U.S. locations increased 1.8% and average ticket size rose 6.3% from a year ago. 

Consolidated net income soared 76% to $6.3 billion from $3.6 billion and diluted earnings per share rose to $2.32 from $1.28 in the previous year. 

The company estimated fiscal 2024 comparable sales at Walmart U.S. locations to grow between 2% and 2.5%, slower than the 6.6% increase in the previous year. 

Consolidated sales in the fiscal 2024 are estimated to rise between 2.5% and 3.0%, compared to 6.7% in the prior year.