After-Hours Stock Movers:

Hertz Global (NYSE: HTZ) 22.8% LOWER; hired an additional restructuring adviser for a planned bankruptcy, according to Dow Jones, citing sources. It tapped FTI consulting for bankruptcy preparations alongside investment bank Moelis.

Chegg (NYSE: CHGG) 16.5% HIGHER; reported Q1 EPS of $0.22, $0.07 better than the analyst estimate of $0.15. Revenue for the quarter came in at $131.6 million versus the consensus estimate of $122.73 million. Chegg sees Q2 2020 revenue of $135-137 million, versus the consensus of $123.8 million.

Fabrinet (NYSE: FN) 14% LOWER; reported Q3 EPS of $0.92, $0.01 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $411.2 million versus the consensus estimate of $414.09 million. Fabrinet sees Q4 2020 EPS of $0.80-$0.92, versus the consensus of $1.00. Fabrinet sees Q4 2020 revenue of $370-400 million, versus the consensus of $429.3 million.

L Brands, Inc. (NYSE: LB) 13.9% LOWER; today announced a mutual agreement with Sycamore Partners to terminate their previously announced transaction and outlined its go-forward strategy for the company to drive long-term shareholder value. As part of L Brands strategy, the company remains committed to establishing Bath & Body Works as a pure-play public company and is taking the necessary steps to prepare the Victorias Secret Lingerie, Victorias Secret Beauty and PINK businesses (collectively, Victorias Secret) to operate as a separate, standalone company. In addition, the companys previously announced changes to the Board of Directors and leadership will take effect as of L Brands 2020 Annual Meeting of Stockholders.

Unum Group (NYSE: UNM) 12% LOWER; reported Q1 EPS of $1.35, $0.03 worse than the analyst estimate of $1.38. Revenue for the quarter came in at $2.87 billion versus the consensus estimate of $3.05 billion. Suspends FY20 Guidance

GenMark Diagnostics, Inc. (Nasdaq: GNMK) 10.7% HIGHER; announced financial results for the quarter ended March 31, 2020. Total revenue of $38.7 million, an increase of 80% over the first quarter of 2019

Luminex Corp. (NASDAQ: LMNX) 8.7% HIGHER; reported Q1 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $90.42 million versus the consensus estimate of $84.07 million. Luminex Corp. sees FY2020 revenue of $352-362 million, versus the consensus of $350.06 million.

Insperity (NYSE: NSP) 7.7% HIGHER; reported Q1 EPS of $1.70, $0.09 better than the analyst estimate of $1.61. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.21 billion. Insperity sees Q2 2020 EPS of $1.02-$1.29, versus the consensus of $0.71. Insperity sees FY2020 EPS of $3.19-$3.86, versus the consensus of $3.54.

Itron (NASDAQ: ITRI) 7.1% LOWER; reported Q1 EPS of $0.57, $0.01 better than the analyst estimate of $0.56. Revenue for the quarter came in at $598 million versus the consensus estimate of $613.33 million. The scope and magnitude of the COVID-19 pandemic was not anticipated in our full year 2020 guidance provided on February 24, 2020. As a result, we are suspending our prior guidance for the full year 2020 due to the uncertainty of the impact of the COVID-19 pandemic. As the situation and our visibility improves, we will update our annual outlook.

Texas Roadhouse (NASDAQ: TXRH) 4.5% LOWER; reported Q1 EPS of $0.23, $0.37 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $652.5 million versus the consensus estimate of $709.31 million. As previously announced, due to the current unprecedented global market and economic conditions, the Company withdrew the financial outlook for the fiscal year ending December 29, 2020. The Company cannot yet reasonably estimate the impact to the business and therefore cannot provide an updated outlook.

Walgreens Boots Alliance (NASDAQ: WBA) 3.9% HIGHER; AmerisourceBergen (NYSE: ABC) to explore acquisition of Walgreens Boots Alliance (NASDAQ: WBA) drug wholesale business - Reuters

Starbucks (NASDAQ: SBUX) 3% HIGHER; to Open More Than 85% of Co-Operated Stores This Week - Bloomberg, Citing CEO Letter