— Shares of the clothing company tanked more than 20% after issuing weak fourth quarter revenue and earnings guidance. HanesBrands, however, beat on the top and bottom lines of its third quarter results, which were boosted by strong demand in its Champion brand.— The health care stock climbed more than 5% after Cardinal beat Wall Street expectations for its fiscal first quarter. The company reported $1.51 in adjusted earnings per share and $39.01 billion in revenue.
11 billion in revenue. Analysts surveyed by Refinitiv projected a profit of 4 cents per share and $925 million in revenue.— The chip stock surged more than 8% after Qorvo reported better-than-expected results for its fiscal second quarter. Qorvo generated $2.43 in adjusted earnings per share on $1.06 billion in revenue. Analysts surveyed by FactSet had expected $2.12 in earnings per share and $1.00 billion in revenue.
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