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

RELATED ARTICLES
- Advertisment -

Most Popular