HomeBusinessHormel, Petco, CrowdStrike and more

Hormel, Petco, CrowdStrike and more

Check out the companies making headlines before the bell:

Hormel (HRL) The food producer’s stock slid 6.4% in the premarket after reporting a mixed quarter. Earnings beat estimates, but sales came up short of Wall Street forecasts. Hormel issued a weaker than expected outlook and said it expected a continued volatile and high cost environment.

Petco (WOOF)Petco’s adjusted quarterly earnings of 16 cents per share matched Street forecasts, but revenue was slightly above estimates. A comparable store sales rise of 4.1% beat the FactSet consensus estimate of a 3.5% increase. The pet products retailer’s stock rallied 8% in premarket trading.

CrowdStrike (CRWD) – CrowdStrike plunged 17.6% in the premarket after the cybersecurity company’s subscription numbers came in below analyst forecasts. CrowdStrike reported better than expected profit and revenue for its latest quarter, but…

Read more at www.cnbc.com

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