Among the companies expected to actively trade in Tuesday's session are G-III Apparel Group Ltd. (GIII), Sonic Corp. (SONC) and Walgreen Co. (WAG).

G-III Apparel said its fiscal fourth-quarter earnings grew 62% thanks to sales strength across the business and improved margins. Sales fell below views, and the company offered disappointing bottom-line forecasts for the current quarter and year, partly tied to its acquisition of the G.H. Bass & Co. shoe brand. Shares dropped 7% to $69.25 premarket.

Sonic said its fiscal second-quarter earnings jumped 15% as the drive-in restaurant chain reported a decrease in costs and expenses, which offset a decline in overall revenue. Adjusted profit for the latest period topped market expectations, pushing shares up 7.1% to $22.40.

Walgreen said its fiscal second-quarter earnings eased as the drugstore operator was hit by weaker margins tied to a slowdown in generic drug introductions and a milder flu season. The company also unveiled plans to close 76 drugstores in the second half of the year, reversing some of its rapid expansion in recent years. Shares edged up 2.6% to $66.01 premarket.

 
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Carlyle Group L.P. (CG) hired a senior executive away from J.P. Morgan Chase & Co. (JPM), naming him as the private-equity firm's second chief operating officer. Michael Cavanagh, currently co-chief executive of J.P. Morgan's corporate and investment bank, will become the firm's co-chief operating officer along with current operations chief Glenn A. Youngkin.

Kohl's Corp. (KSS) said Chief Merchandising Officer Donald A. Brennan resigned Monday. Under a separation agreement with the department-store operator, Mr. Brennan will receive a one-time severance payment equal to 2.9 times his annual salary plus the average of the three most-recent annual incentive compensation plan payments paid to him, among other payments.

McCormick & Co. Inc. (MKC) said its fiscal first-quarter earnings rose 8.6% as the spice maker's results were boosted by the recent acquisition of Wuhan Asia-Pacific Condiments Co. Results topped estimates.

Omnicare Inc. (OCR) named Chief Operating Officer Nitin Sahney as its next chief executive, with CEO John Workman announcing his plans to retire by the end of the year. Mr. Sahney, 51 years old, has worked as the pharmacy-services provider's president and chief operating officer since 2012, with oversight of the strategic and operational plans for all of Omnicare's business operations.

Pfizer Inc. (PFE) said its Xalkori cancer drug was superior to chemotherapy as a first-line treatment for a certain type of advanced non-squamous non-small cell lung cancer in a recent Phase III study.

Standard & Poor's Ratings Service lessened the likelihood of a near-term downgrade on its junk rating on Sears Holdings Corp. (SHLD), touting the expected completion of asset sales and access to a revolving credit facility.

Smith & Wesson Holding Corp. (SWHC) agreed to acquire Tri Town Precision Plastics Inc. for $23 million in cash as the gun maker focuses on its M&P firearm business by snapping up a major component-supplier.

Write to John Kell at john.kell@wsj.com and Lauren Pollock at lauren.pollock@wsj.com

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