Lululemon's earnings top estimates on strong sales, but retailer won't offer outlook due to coronavirus pandemic

Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period.

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Nike sales beat analysts' estimates, but earnings fall, hurt by coronavirus pandemic

Nike reported quarterly sales that topped analysts' expectations, thanks to a boost from its digital business and growth in North America.

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Citadel turns 2020 profit after spotting virus risk early

Citadel has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation.

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Chevron cuts 2020 spending, Permian production forecasts

Chevron said on Tuesday it was lowering its forecasts for spending and Permian production by 20% for the year, and will suspend share buybacks as oil companies find themselves in one of the worst times in decades.

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Earnings are about to do something they haven't done since 2008 because of coronavirus

PNC Financial's Amanda Agati warns coronavirus fallout could dramatically hurt corporate America through the second quarter.

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JC Penney yanks earnings outlook because of coronavirus

The department store chain announced Friday morning that it is not providing an updated outlook at this time.

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Coca-Cola withdraws 2020 outlook amid coronavirus pandemic

Coca-Cola on Friday said that it does not expect to meet its financial outlook for 2020 due to the impact of the coronavirus pandemic.

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Kohl's taps credit and withdraws earnings outlook because of coronavirus

Kohl's has withdrawn its earnings outlook for the current quarter and fiscal year, as it grapples with the hit it will take from the coronavirus pandemic.

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Olive Garden's parent Darden Restaurants beats on earnings but pulls outlook and dividend

Darden Restaurants withdrew its fiscal 2020 outlook and suspended its quarterly dividend.

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FedEx suspends 2020 profit outlook, as coronavirus and turnaround pressure weigh

U.S. package delivery company FedEx suspended its 2020 profit outlook on Tuesday, citing the "significant impact" of the coronavirus, and said it would cut costs due to the uncertainty wrought by the pandemic.

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Nordstrom is closing all of its stores in the US because of coronavirus, withdraws 2020 outlook

Nordstrom is closing all of its stores temporarily to try to curb the spread of COVID-19. The retailer has also withdrawn its 2020 outlook.

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Nordstrom to close stores in US, Canada, withdraws 2020 outlook due to coronavirus

Apparel retailer Nordstrom on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic.

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Gap's earnings, sales beat, retailer names new CFO

Gap earlier this month said it was tapping its Old Navy chief, Sonia Syngal, to be CEO, effective March 23.

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Slack stock tanks 20% after hours on weak guidance

Shares of the messaging software company plunged 20% in extended trading after plunging along with the market on Thursday.

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Oracle rises after beating quarterly expectations

Oracle reported earnings that beat estimates during another market selloff on Thursday.

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JetBlue abandons 2020 forecast amid virus outbreak

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'Beyond busy': Costco gets a sales boost from the coronavirus

Costco reported stronger sales than analysts were expecting Thursday, thanks in part to a boost the company received from consumers stocking up at its stores to prepare for a more widespread outbreak of a new coronavirus.

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Earnings estimates are plummeting in Europe. Here's what that means for the US

Earnings estimates are plummeting in Europe. What does it mean for the U.S.?

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Zoom falls sharply despite earnings beat

Zoom beat expectations for the quarter and for guidance.

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GE sticks to 2020 targets, but says coronavirus to hit cashflow by up to $500 million

General Electric reiterated its 2020 cash and profit targets but warned its first-quarter cash flow would take a hit of $300 million to $500 million due to the coronavirus outbreak.

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Nordstrom shares dive on earnings miss, Erik Nordstrom to become sole CEO

Nordstrom on Tuesday reported fourth-quarter earnings and sales that missed analysts' estimates.

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Visa flags hit to second-quarter revenue due to coronavirus outbreak

Visa warned on Monday that its second-quarter revenue growth would be slower than its previous forecast, becoming the latest payments services provider to be affected by the coronavirus outbreak.

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Hyatt withdraws 2020 outlook as coronavirus spreads

Hyatt Hotels said on Monday it was withdrawing its 2020 earnings outlook, as the coronavirus outbreak spreads across the globe hurting travel demand.

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Cannabis producer Tilray reports bigger quarterly loss on impairment charges

Canada-based pot firm Tilray reported a bigger quarterly loss on Monday, hurt by an impairment charge related to its assets and higher costs, as oversupply and other challenges weigh on the Canadian marijuana market.

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Target shares fall on mixed fourth-quarter results

Target's shares have risen in value, even as many retailers have shuttered stores and struggled with e-commerce.

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Kohl's holiday quarter earnings, sales beat estimates

Kohl's shares rose Tuesday morning as the retailer reported quarterly earnings and net sales that beat analysts' expectations.

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