CNBC - Market Insider

After-hours buzz: Netapp, PVH & more

Check out the companies making headlines after the bell Monday:

Traders work on the floor of the New York Stock Exchange.

Brendan McDermid | Reuters

Traders work on the floor of the New York Stock Exchange.

Netapp – The data solutions provider’s shares fell about 1 percent after its board elected George Kurian the company’s CEO following the departure of Tom Georgens, who had been with the company since 2011.

PVH – The retailer, which controls the Calvin Klein and Tommy Hilfiger brands, reported adjusted first-quarter earnings of $ 1.50 a share on $ 1.88 billion in revenue, topping estimates. The company also raised its full-year earnings guidance and announced a $ 500 million stock buyback. Shares jumped about 3 percent after the announcement.

Old Dominion Freight Line – The trucking provider lowered its forecasts for less-than-truckload revenue. The company expects second-quarter LTL revenue to grow between 5 percent and 5.5 percent, year-over-year, when excluding fuel surcharges. That compares to a previously expected range of between 5.5 percent to 6.5 percent. The stock fell about 2 percent in extended trading.

Ferrellgas Partners – The stock dropped more than 3 percent after the propane supplier commenced an offering of 6.3 million common units.

Market Insider with Patti Domm

Click to comment
Loading Facebook Comments ...

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top