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Kroger, PetSmart, Hot Topic are big movers

Print Page Updated: 09:37:21 PM, Thu 07 March 2013
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

The Kroger Co., up 89 cents at $30.25

The supermarket chain's fourth-quarter profit beat Wall Street expectations, as it benefited from an extra week in the period.

Pier 1 Imports Inc., down 96 cents at $22.28

The home decor company's fiscal fourth-quarter revenue topped Wall Street's view, but its forecast was slightly below expectations.

Vail Resorts Inc., up $4.12 at $60.82

The ski resort operator's second-quarter earnings rose 30 percent from a year ago, thanks to a strong and snowy holiday season.

Navistar International Corp., up $6.93 at $31.89

The truck and engine maker in the midst of a turnaround, promoted its president and chief operating officer, Troy Clarke, to CEO.

Nasdaq

PetSmart Inc., down $4.37 at $62.18

The pet store chain's fiscal fourth-quarter profit rose 31 percent, but its forecast for this year disappointed investors.

Hot Topic Inc., up $3.12 at $13.87

The teen retailer said that it is selling itself to Sycamore Partners, an investment firm, for about $592.4 million in cash.

Fred's Inc., down 36 cents at $13.20

The discount retailer reported that sales at stores open a year fell 1.5 percent in February, and it cut fourth-quarter guidance.

Ciena Corp., up $2.59 at $17.53

The developer of high-speed networking technology posted a fiscal first-quarter loss, but its adjusted results topped expectations.

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