Nike misses on earnings, but beats on revenues as customers buy more sneakers and sports gear

Nike sold more sneakers and gear during the fiscal fourth quarter than Wall Street expected, helping to boost revenues by 4% to just over $10 billion.

from Earnings https://ift.tt/2YqH0O0
via IFTTT

Rite Aid shares swing on earnings miss

Shares of Rite Aid slid in premarket trading Thursday on disappointing quarterly earnings results as the drugstore chain struggles to prove itself as an independent company.

from Earnings https://ift.tt/2RD7OIq
via IFTTT

Earnings this year may end up flat and that's a problem for investors lifting market to a record

Earnings estimates are essentially "flattish" for 2019 compared to 2018. This puts stock investors in a difficult position.

from Earnings https://ift.tt/2YmM5qY
via IFTTT

Walgreens posts quarterly earnings beat

Walgreens Boots Alliance reported fiscal third quarter earnings that beat Wall Street's expectations Thursday before market open.

from Earnings https://ift.tt/31TsTmR
via IFTTT

Cheerios maker General Mills stock tumbles after sales disappoint

Shares of General Mills tumbled Wednesday after the Cheerios maker's quarterly revenue fell short of analysts' estimates as fewer Americans eat its snacks.

from Earnings https://ift.tt/31WTkrN
via IFTTT

General Mills misses quarterly sales estimates

General Mills on Wednesday reported quarterly sales below Wall Street estimates, hurt by lower demand for its snacks in North America.

from Earnings https://ift.tt/2YicW7m
via IFTTT

Micron pops on earnings and revenue beat

Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.

from Earnings https://cnb.cx/2X0tHm9
via IFTTT

FedEx CEO says US lawsuit is 'separate and distinct' from Huawei package mishaps

FedEx CEO and Chairman Frederick Smith said the recent lawsuit against the Commerce Department is "separate and distinct" from the shipping incidents involving Huawei. FedEx has said those incidents were mistakes.

from Earnings https://ift.tt/2IIAMDT
via IFTTT

Lennar profit beats as lower mortgage rates boost home sales

Lennar reported a higher-than-expected quarterly profit on Tuesday, as the No. 2 U.S. homebuilder's sales got a boost from lower interest rates for mortgages.

from Earnings https://cnb.cx/2J3PGU7
via IFTTT

Company earnings look like they will keep sliding through the third quarter

While earnings usually come in substantially ahead of expectations, the direction in the outlook doesn't speak well for what lies ahead

from Earnings https://cnb.cx/2xd8xGO
via IFTTT

Carnival cuts 2019 profit on Cuba travel ban, higher expenses

Carnival cut its profit forecast for the year on Thursday due to the Trump administration's sudden ban on cruises to Cuba and higher expenses related itinerary changes for one of its ships.

from Earnings https://cnb.cx/31MjVHZ
via IFTTT

Shares of Olive Garden parent Darden skid after revenue miss

Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.

from Earnings https://cnb.cx/2IPavm4
via IFTTT

US Steel to idle three blast furnaces, hurt by lower prices and soft demand

U.S. Steel said it would idle two blast furnaces in the U.S. and a third in Europe, amid lower steel prices and softening demand.

from Earnings https://cnb.cx/31Krmiy
via IFTTT

Adobe rises despite soft guidance

Adobe expects fiscal third-quarter earnings and revenue that are below what analysts were looking for.

from Earnings https://cnb.cx/2IQfPpB
via IFTTT

Adobe looks cheap to trade ahead of earnings

The "Fast Money" traders share their first moves for the market open.

from Earnings https://cnb.cx/2XX8wT6
via IFTTT

Chip stocks are tanking after 'depressing' Broadcom earnings in a bad sign for market

Broadcom led a plunge in chip stocks Friday after the chipmaker missed revenue expectations and lowered guidance.

from Earnings https://cnb.cx/2wRFk46
via IFTTT

Broadcom falls after slashing revenue guidance

Broadcom shares moved lower on Thursday after the company lowered revenue guidance for the year.

from Earnings https://cnb.cx/31wRIok
via IFTTT

RH soars 23% on earnings beat as retailer's luxury strategy begins to pay off

RH tops earnings and revenue estimates, attributing its performance to its strategy of transforming into a luxury lifestyle brand.

from Earnings https://cnb.cx/2X9nuYZ
via IFTTT

Lululemon stock jumps after strong earnings, raises full-year guidance

Lululemon shares, as of Wednesday's market close, have surged more than 40% this year.

from Earnings https://cnb.cx/2XKGkmC
via IFTTT

Norwegian Cruise Line says Cuba travel ban to hit 2019 earnings

Norwegian Cruise Line said on Friday the Trump administration's sudden ban on cruises to Cuba would hit its 2019 profit.

from Earnings https://cnb.cx/2WzLplf
via IFTTT

Zoom shares jump after the company tops estimates in first earnings report since IPO

Zoom's guidance and results beat estimates, with revenue soaring more than 100% in the fiscal first quarter

from Earnings https://cnb.cx/2WT6sOE
via IFTTT

Beyond Meat stock soars after first quarterly report since IPO

Beyond Meat surged 160% in its first day trading on the public markets and has soared nearly 300% above its initial public offering price.

from Earnings https://cnb.cx/2WQV99Y
via IFTTT

JM Smucker forecasts full-year profit above estimates

J.M. Smucker earnings were boosted by demand for its coffee and pet foods, including brands Meow Mix and Nature's Recipe.

from Earnings https://cnb.cx/2ZbOFA2
via IFTTT

Stitch Fix spikes after beating earnings and revenue expectations

Shares of Stitch Fix soared 26% in after-market trading Wednesday after the company reported it beat earnings and sales expectations.

from Earnings https://cnb.cx/31atlwt
via IFTTT

Campbell raises profit forecast on snack boost, shares up 10%

Campbell Soup raised its profit forecast for the year on Wednesday after its quarterly earnings beat estimates on stronger sales of its growing range of snacks, sending its shares up nearly 10%.

from Earnings https://cnb.cx/2XrKCiw
via IFTTT

There's a drawback to the Fed rate cuts the market so craves: It could wreck bank earnings

Bank earnings could get slashed by 10% if the Fed cuts rates by 75 basis points, Bank of America Merrill Lynch said.

from Earnings https://cnb.cx/2WcmKxP
via IFTTT

GameStop stock plunges nearly 30% as sales miss estimates and its dividend is killed

The company said it would eliminate its quarterly dividend, effective immediately, to save about $157 million a year.

from Earnings https://cnb.cx/2HUYvjG
via IFTTT

Tiffany quarterly same-store sales miss estimates

Tiffany missed Wall Street estimates for quarterly same-store sales on Tuesday, blaming "dramatically" lower spending by tourists worldwide.

from Earnings https://cnb.cx/2WGipaB
via IFTTT