Check out which companies are making headlines before the bell:
— The home improvement retailer reported an extremely upbeat quarter, much as its larger rival did last month. Lowe's earned an adjusted 86 cents per share for the fourth quarter, 7 cents a share above estimates. Revenue beat forecasts, and the comparable-store sales increase of 5.1 percent was more than double consensus estimates. Lowe's also forecast 2017 earnings of $4.64 per share, compared to estimates of $4.53 a share.
— The electronics retailer reported adjusted quarterly profit of $1.95 per share, beating estimates of $1.67 a share. Revenue was slightly below forecasts, and Best Buy also announced a 21 percent dividend hike and a $5 billion share repurchase program. The stock is under pressure, however, after Best Buy gave a weaker-than-expected earnings and sales outlook for the current quarter.
— The nutritional products retailer fell 4 cents a share shy of estimates, with adjusted quarterly profit of 36 cents per share. Revenue missed estimates, as well. Comparable-store sales dropped 2.2 percent, a bigger decline than the 1.8 percent anticipated by analysts. The company called its results disappointing in a difficult environment but said its initiatives should lead to improvement in the future.
— The drugmaker said it would be unable to file its annual report in a timely manner, due to a review of revenue recognition at its Korean and Japanese locations. The review could impact accounting for certain transactions over the past few years, the company said.
— Goldman Sachs upgraded the chipmaker's shares to "buy" from "neutral," saying the company will benefit from increases in memory chip pricing, among other factors.
— The business software maker beat estimates by 4 cents a share, with adjusted quarterly profit of 3 cents per share. Revenue was in line with Street forecasts, but the company did predict current-quarter profit below Street estimates. Overall, Salesforce has been seeing strong demand for its cloud-based software.
— The publisher of Sports Illustrated, Fortune, and other magazines has asked suitors to submit final acquisition bids by next week, according to a Bloomberg report.
— The broadcasting company has been approached by rival about a possible combination, according to a Reuters report.
— Bernstein downgraded the chip maker's shares to "underperform" from "market perform," in a report that says "the world seems to be moving against Intel's strengths."
— Etsy lost 19 cents per share, compared to forecasts of a 2 cents per share profit. The online craft seller did see revenue come in above estimates. Etsy is adding users and seeing revenue grow, but its expenses are increasing, as well.
— Ambarella reported adjusted quarterly profit of 92 cents per share, 18 cents a share above estimates. Revenue exceeded forecasts, as well. The chipmaker gave weak current-quarter revenue guidance, however. Ambarella — a key supplier to camera maker — has been hurt by declines in the wearable sports camera market.
— Palo Alto came in 1 cent a share above estimates, with adjusted quarterly profit of 63 cents per share. The cybersecurity company's revenue missed forecasts, however, and it gave weaker-than-expected current-quarter revenue guidance. CEO Mark McLaughlin said the company has had what he calls "execution challenges."
— Weight Watchers earned 20 cents per share for its latest quarter, 2 cents a share above estimates. Revenue missed forecasts. The diet plan provider did give a strong 2017 forecast, however, after its subscriber rolls increased by 10 percent during its most recent quarter.
— Alphabet's YouTube operation announced plans for a live television service to be unveiled later this year for $35 per month. The service will feature the four major networks as well as additional well-known cable channels.
— Veeva reported adjusted quarterly profit of 22 cents per share, a 5 cent a share beat. Revenue also topped forecasts but the provider of software for drug companies also gave a forecast for the year that falls partly below expectations, pressuring its shares.
— Hershey will cut its workforce by 15 percent, mostly outside the United States. Hershey is implementing a plan designed to grow its flagship candy business and is expanding its snacks lineup.
, — These are among the casino stocks likely to benefit following reports that Macau gaming revenue rose for the seventh month in a row and hit a two-year high during February.
— The beer maker was sued by two California residents who said they were fooled into believing the company's Kona beer was made in Hawaii.