Check out the companies making headlines before the bell:
Intellatest financial results missed analysts’ estimates and showed significant declines in the company’s sales, profit and gross margin. The company also forecasted a loss for the current quarter..
Ralph Laurendowngraded the stock to underperform. The investment firm said Ralph Lauren’s recent rally has gone too far.
Hasbroeliminate around 1,000 employee positions and warned of weak holiday-quarter results. The layoff of around 15% of its global workforce comes as the company seeks to save between $250 million and $300 million annually by the end of 2025.
— CNBC’s Tanaya Macheel, Yun Li and Jesse Pound contributed reporting