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Stocks making the biggest moves premarket: CVS, Hormel, RH, GameStop and others
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cnbc.comIn this article
Check out the companies making headlines before the bell:
CVS Health (CVS) – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.2% in the premarket.
Hormel (HRL) – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.
RH (RH) – The company formerly known as Restoration Hardware reported adjusted quarterly
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