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Early movers: SHLD, HRL, DLTR, HTZ, F, UPS & more

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

Check out which companies are making headlines before the bell:

Sears Holdings–Sears posted a wider than expected loss for the second quarter, with revenue shy of estimates as well. CEO Edward Lampert called the company's second quarter performance "unacceptable" and said that steps were being taken to correct the situation.

Hormel Foods–The company behind the Spam and Dinty Moore brands earned 78 cents per share for its third quarter, three cents above estimates, with revenue slightly ahead of forecasts. Hormel said the quarter was challenging for grocery products and specialty foods, but was strong in all its other segments.

Stage Stores–The retailer reported second quarter profit of 35 cents per share, well below estimates of 52 cents, with revenues also far short of consensus. Comparable store sales fell 4.2 percent, compared to the Thomson Reuters estimate of a 0.5 percent increase. Stage said the quarter was "challenging" but that an improvement in sales was evident towards the end of the quarter.


Dollar Tree–The discount retailer earned 61 cents per share for the second quarter, two cents below estimates, though revenue was above forecasts. The company said it is pleased with its ongoing increases in comparable store sales despite what it calls a "challenging" macro environment.

Hewlett-Packard–Hewlett-Packard reported fiscal third quarter profit of 89 cents per share, matching estimates. However, revenue beat expectations on a spike in personal computer sales.

Hertz Global–Hertz shares remain on watch today, following Wednesday's news that Carl Icahn has taken an 8.5 percent stake in the car rental giant. Icahn said the shares are undervalued, and plans to talk to management about the company's recent accounting and other issues.

L Brands–The Victoria's Secret parent beat estimates by one cent with quarterly profit of 63 cents per share. The retailer also raised its full year earnings outlook, in the wake of rising sales.

UPS–UPS said customers at certain stores may have had their credit card data stolen by hackers. The company said the issue could affect customers who shopped at 51 UPS Store locations in 24 states between January 20 and August 11.

Ford —The no. 2 U.S. car maker is said to be planning a new hybrid for late 2018 to compete with Toyota's best-selling Prius, according to Reuters.

By CNBC's Peter Schacknow

Questions? Comments? Email us at marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.