Stocks on the move after hours: Stitch Fix, Beyond Meat, Ford

Seam Repair (SFIX): Shares fell in extended trading after the company missed fourth-quarter revenue expectations, issued weaker-than-expected sales guidance and reported a decline in active customers. Stitch Fix’s fourth-quarter revenue came in at $481.9 million, short of the Street estimate of $489.4 million. First-quarter revenue guidance was cut to $455 million to $465 million, and full-year sales guidance was revised up to $1.76 billion to $1.86 billion. Wall Street had expected $2.1 billion. Chief Executive Officer Elizabeth Spaulding wrote in the earnings release, “Today’s macroeconomic environment and its impact on retail spending is challenging to navigate, but we remain committed to working through our transformation and returning to profitability.” Stitch Fix shares declined. -75% since the beginning of the year.

Beyond Meat (BYND): The company has suspended its chief operating officer, Doug Ramsey, effective immediately, following allegations that he punched a man and bit him on the nose. Beyond Meat released a statement noting that Jonathan Nelson, senior vice president of manufacturing operations, will oversee operations on an interim basis. Ramsey was arrested Saturday night and charged with felony assault and making a terroristic threat, court records show show. Shares of Beyond Meat fell 6% on Tuesday.

Ford (Well): Shares in the automaker fell 12.3%, the biggest one-day drop since January 2011, after warning inflation-related supply costs were about $1 billion higher than initially expected in the current quarter . Ford also said it expects adjusted earnings before interest and interest for the third quarter of $1.4 billion to $1.7 billion, well below the $3 billion reported a year ago. General Motors (GM) shares fell 5.6% on Tuesday after Ford’s warning.

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