Rite Aid, CarMax, Darden are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Darden Restaurants Inc., down $1.34 at $45.47
The owner of the Olive Garden chains said its second-quarter net income fell 37 percent, as revamped menus failed to draw diners.
Rite Aid Corp., up 17 cents at $1.21
The drugstore chain said that it filled more prescriptions in its fiscal third quarter and more generic drugs helped profitability.
Discover Financial Services, down $1.36 at $38.41
The credit card company's net income rose 6 percent as more people paid off their balances, but its earnings missed analysts' expectations.
KB Home, down $1.06 at $15.60
The homebuilder said that its fourth-quarter net income dropped 45 percent compared with the same quarter last year.
Winnebago Industries Inc., up $2.25 at $16.33
Improving demand for its recreational vehicles helped the company's fiscal first-quarter net income grow more than sevenfold.
CarMax Inc., up $3.13 at $37.97
Thanks to higher sales of used cars, the automobile dealer posted a 15 percent increase in profit during the third quarter.
Navistar International Corp., down 80 cents at $20.12
The truck maker, which is in the middle of a turnaround effort, posted a fourth-quarter loss on weaker revenue and a tax expense.
Bed Bath & Beyond Inc., down $3.92 at $56.36
The home goods seller posted an earnings forecast for the current quarter and full year that missed Wall Street's expectations.