Here are the events that take place on Thursday.
Shares surged 25% in extended trading. Wall Street revenue estimates and profit expectations were met by the world's first and largest shared designer closet.
Revenue went up 31% to $77.4 million in the third quarter. For the three months ended October 31, active subscribers increased 15%, according to Reuters.
The company reported losses of $0.56 per share, much better than the same quarter last year when it reported a loss of $6.72 per share.
GAMESTOP: Shares increased by 3% in extended trading after management said the company may explore acquisitions after reporting a slightly worse than expected fiscal-third quarter adjusted loss.
On Wednesday, the video game retailer posted a 9.4% fall in quarterly revenue as consumers cut back spending on discretionary items due to high inflation.
The company launched a digital wallet earlier this year to allow gamers and others to buy, sell and trade non-fungible token, or NFTs.
GameStop's digital wallet ambitions face a bleak future because of the cold winter setting in and the value of cryptocurrencies plummeting.
Gaming companies are facing a slowdown in demand for video games from Pandemic highs, raising doubts about their ability to weather an economic downturn next year.
GameStop's revenue fell to $1.19 billion in the third quarter from $1.30 billion a year ago, according to Reuters.
A year ago, the company reported a net loss of $94.7 million, or 31 cents per share, in the quarter ended October 29 compared with a loss of $105.4 million, or 35 cents per share.
A slew of companies are expected to report after the market closes including: Broadcom, Chewy, Cooper Companies, Costco Wholesale, Lululemon Athletica and Vail Resorts.
The Labor Department will release the number of new jobless claims it received last week. Expectations are for 230,000, up slightly from the previous week, and is indicative of a labor market that remains tight.
Continuing claims, which track the total number of workers receiving unemployment benefits, are expected to fall slightly for the first time in eight weeks to 1.6 million, but still close to the highest since late February.
Adobe Analytics will report new e-commerce figures for the full month of November.
On Monday, shoppers did not spend more than $11.3 billion, reaching a record high on Cyber Monday.
That is the biggest online shopping day of all time, a 6% increase over the previous year.
Amazon had its biggest Thanksgiving holiday shopping weekend, aided by a record number of consumers looking for deals online amid high inflation.
The Digital Price Index will be released as well.