Market Insider

Stocks making the biggest moves after hours: CrowdStrike, Five Below, PVH & more

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People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY.
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Check out the companies making headlines after the bell

Five Below — Five Below shares rallied after the close of the regular session Wednesday evening after it said sales accelerated in the second quarter as it reopened stores. Its reopening efforts helped the company post a profit of 53 cents per share versus the 14 cents of income per share expected by FactSet estimates. Sales increased to $426.1 million from $417.4 million compared to the second quarter of 2019.

CrowdStrike — Shares of CrowdStrike fell more than 4% in extended trading despite better-than-expected earnings and raising its financial outlook. The cloud-based security company posted revenue of $199 million, up 84% from the year-ago period and ahead of its own guidance. Adjusted earnings of 3 cents per share also topped estimates. It also raised its outlook for the January 2021 fiscal year and sees sales of $809.1 million to $826.7 million, up from a prior range.

PVH — The parent of Tommy Hilfiger and Calvin Klein rallied 3% in after-hours trading after the company reported second-quarter adjusted earnings per share well ahead of what Wall Street analysts expected. Excluding one-time items, PVH reported EPS of 13 cents versus the per-share loss of $2.43 expected. 

Fulgent Genetics — Fulgent spiked nearly 10% after the closing bell after the Temple City, California-based company announced it's partnered with New York City Health and Hospitals to provide Covid-19 tests to hundreds of thousands of students at about 1,600 locations as they returned to school in September. Fulgent will offer its FDA-approved at-home test, which provides results within 24 to 48 hours from the time the company receives the sample.