Stocks making the biggest moves premarket: Best Buy, Hormel, T-Mobile, Sprint, L Brands & more
The electronics retailer's quarterly earnings came in 16 cents a share above estimates at an adjusted $1.02 per share, with revenue beating forecast as well. Comparable-store sales were up 1.1%, beating the 0.9% consensus estimate of analysts surveyed by Refinitiv. Hormel HRL — Hormel reported adjusted quarterly profit of 46 cents per share, beating estimates by a penny a share.