Phillips-Van Heusen Corporation (NYSE:PVH) is down 5.10% to $51.51. The company posted a net loss in its fiscal first quarter of $22.6 million, or 53 cents per share, compared with a profit of $49.1 million, or 48 cents per share, a year earlier.
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Flowers Foods, Inc. (NYSE:FLO) drops 1.46% to $25.62. The company posted a better-than-expected quarterly profit on Tuesday, as lower costs of raw materials like flour helped the baker boost its margins, offsetting weak sales. Net income of the company rose about 9 percent to $40.7 million, or 44 cents a share.
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) decreases 6.18% to $46.92. The company posted a third-quarter profit that beat market estimates aided by lower costs, and the company raised its full-year profit outlook. For the third-quarter ended April 30, the company posted a net income of $14.4 million, or 62 cents a share, compared with $11.9 million, or 53 cents, last year.
Sanderson Farms, Inc. (NASDAQ:SAFM) lost 3.66% to $51.85. The company reported net income of $35.1 million, or $1.62 a share, up from $26.2 million, or $1.25 a share, a year earlier.
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