Check out the companies making headlines over the long term. Adobe — Shares fell 8% after the software company issued a lower-than-expected fiscal first-quarter revenue forecast. Adobe expects revenue in the range of $5.63 billion to $5.68 billion in the period, below the consensus estimate of $5.73 billion, according to LSEG. Meanwhile, the company’s adjusted earnings per share and revenue topped analysts’ expectations last quarter. Chewy — The pet supplies retailer fell nearly 3% in after-hours trading. The company announced an underwritten public offering of $500 million in shares sold by Buddy Chester Sub LLC. Chewy will not receive any proceeds from the sale of these shares. The retailer also said it would simultaneously purchase $50 million worth of stock from Buddy Chester. Oxford Industries — The apparel and footwear retailer’s third-quarter results missed its top and bottom lines, sending its shares down nearly 5%. Oxford Industries, which owns fashion brand Tommy Bahama, reported an adjusted loss of 11 cents per share in the third quarter on revenue of $308 million. Analysts polled by FactSet expected earnings of 9 cents per share on revenue of $316.8 million. Nordson — Shares of Nordson fell more than 5% after the industrial machinery maker issued weak guidance for its fiscal first quarter. FactSet data showed that Nordson expected adjusted earnings per share of $1.95 to $2.15, while analysts expected $2.30. The company forecast revenue of between $615 million and $655 million, also below analysts’ expectations of $681.7 million. The company cited seasonal slowdowns and cautious customer spending.
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