— Hormel Foods Corporation (NYSE: HRL) reported Q1 2020 earnings of $0.45 per share, vs. $0.46 expected.
— Sales grew 1% to $2.4 billion, vs. $2.3 billion expected.
— Volume fell 1% to 1.2 billion lbs.
— Refrigerated Foods net sales were up 6%.
— Grocery Products net sales were down 11%.
— Jennie-O-Turkey Store net sales rose 3%.
— International and Other net sales grew 5%.
— FY2020 net sales is expected to be $9.50 billion to $10.30 billion.
— FY2020 EPS is expected to be $1.69 to $1.83.
Shares of Chinese firm iQIYI Inc. (NASDAQ: IQ), which often called as "The Netflix of China", dropped 4.57% at the end of today's regular session as the due diligence firm
Pinterest (NYSE: PINS) continued its rally a day after the company reported better-than-expected preliminary results for the first quarter of 2020. The stock closed at $16.83, up over 11%. The
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