Check out the companies making headlines in after-hours trading. Five Below — Five Below shares tumbled nearly 9% after the discount retailer announced in a press release that its chief executive officer, Joel Anderson, had stepped down "to pursue other interests." The company appointed Kenneth Bull as its interim president and CEO, effective immediately. The company also posted bleak guidance on earnings and revenue for the second quarter.
Hunt's worse-than-expected second-quarter results, which were pressured by higher insurance expenses and a soft freight market that has impacted over-the-road truck competition. Earnings came out at $1.32 per share, while analysts polled by LSEG expected $1.52 per share. Revenue for the period was $2.93 billion, also under analysts' calls for $3.04 billion.
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