Here are some companies that are catching our eye in after-hours trading: Nike — Shares surged 10%. The sneaker maker announced that CEO John Donahoe will step down on Oct. 13. He will be replaced by Elliot Hill, a Nike veteran who spent 32 years at the company before retiring in 2020. FedEx — Shares of the shipping company fell 10%. FedEx lowered the upper end of its full-year profit outlook and also lowered its revenue guidance. Its first-quarter results also fell short of expectations. FedEx posted adjusted earnings per share of $3.60 on revenue of $21.58 billion, while analysts surveyed by LSEG were expecting earnings per share of $4.76 and revenue of $21.93 billion. Miller Knoll — The office furniture maker fell more than 2% after first-quarter sales and profits missed analysts' expectations. Miller-Knoll reported adjusted earnings per share of 36 cents on revenue of $861.5 million. Analysts surveyed by FactSet had expected 40 cents per share on revenue of $889.4 million. The company also issued weaker guidance for the current quarter. Lennar — The homebuilder fell 3% despite beating Wall Street expectations in the third quarter. Lennar reported revenue of $9.42 billion and earnings per share of $4.26. Analysts surveyed by LSEG had expected revenue of $9.17 billion and earnings per share of $3.63. Chewy — The pet supplies retailer's shares fell about 1%. Chewy announced a public offering of $500 million of Class A shares by Buddy Chester Sub LLC, which is affiliated with funds advised by its largest shareholder, BC Partners Advisors. Chewy said it would cancel and redeem the shares it repurchased once the transaction closes.
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