Stocks to Watch: Burlington Stores, ConAgra Foods, Guess

Among the companies expected to actively trade in Thursday’s session are Burlington Stores Inc.(BURL), ConAgra Foods Inc.(CAG) and Guess Inc.(GES)

Burlington Stores said its fiscal fourth-quarter profit fell 6.4%, as the clothing retailer’s higher expenses masked a rise in revenue. However the company, which sells off-price branded clothing, shoes and coats at its Burlington Coat Factory stores, posted  adjusted earnings that beat analysts’ expectations. Shares rose 4.6% to $27.10 premarket.

ConAgra Foods said its fiscal third-quarter sales surged and profit nearly doubled on the strength of its private-label brands business, but the packaged-food company continued to struggle throughout much of its business as volumes continued to decline. Earnings surpassed the company’s expectations, while sales just missed Wall Street views. Shares rose 1.9% to $30.16 premarket.

Guess said its fiscal fourth-quarter earnings slipped as the apparel retailer faced challenging traffic trends at its North American stores and a heavily promotional retail environment. The company’s outlook for the new fiscal year fell short of Wall Street’s expectations. Shares fell  6% to $27.05.

ExOne Co.(XONE) swung to a fourth-quarter loss as the 3-D printer maker recorded a drop in revenue due in part to the mix of printers sold. The quarterly results and the company’s full-year revenue outlook fell short of Wall Street’s expectations. Shares fell 11% to $38.95 premarket.

Herman Miller Inc.(MLHR) said its fiscal third-quarter earnings rose 18% on broad sales growth and stronger margins. The office-furniture company projected fiscal-fourth-quarter results that were mostly higher than expectations. Shares rose 6.2% to $30.50 premarket.

Jabil Circuit Inc.(JBL) said it swung to a loss in the fiscal second quarter as the contract electronics manufacturer reported a decline in revenue and significant restructuring costs. Shares rose 1.9% to $18.61 premarket.

SunEdison Inc.(SUNE) on Thursday said Samsung Fine Chemicals Co.(004000.SE) agreed to buy $100 million of SunEdison Semiconductor Ltd. stock concurrent with the semiconductor division’s planned initial public offering. Also under the agreement, SunEdison will buy a 35% interest in its joint venture with Samsung Fine Chemicals and contribute it to the newly public semiconductor company. SunEdison shares rose 3.1% to $21.33 premarket.

Tilly's Inc.'s(TLYS) fiscal fourth-quarter profit slid 45% as the teen retailer reported weaker sales at existing locations and falling gross margins. The company also issued a profit outlook for the current quarter that missed Wall Street’s expectations. Shares fell 7.8% to $11.80 premarket.

Trina Solar Ltd.(TSL) on Thursday said a favorable settlement helped it revise its fourth-quarter earnings higher. The Chinese solar panel maker’s profit for the period had already topped Wall Street expectations when they were announced earlier this month. Shares rose 2.4% to $16.93 premarket.

Walter Energy(WLT) doubled the size of its five-year 9.5% senior secured note sale to $200 million, along with the sale of $350 million in second lien PIK toggle notes due in 2020. PIK toggle notes give the issuer an option to pay interest with new debt instead of cash. Walter Energy will pay off part of an existing credit facility with the bond proceeds as it aims to extend the maturity of its debt burden with the hope that coal prices will rebound and return the company to profitability. Shares fell 12% to $7.98 premarket.