Nike shares rise as earnings, sales top estimates, fueled by strong North American demand

Nike CEO John Donahoe said the retailer is in a "much stronger competitive position" than it was pre-pandemic.

from Earnings https://ift.tt/3pfcFC2
via IFTTT

Darden shares fall as CEO announces plans to retire; Olive Garden parent raises forecast despite planned wage hike

Olive Garden parent Darden Restaurants announced that CEO Gene Lee will retire May 29.

from Earnings https://ift.tt/3yzmUEl
via IFTTT

Adobe plunges 10% and has second-worst day in past decade on weak guidance

Adobe's guidance for its fiscal first quarter badly missed analysts' estimates, sending the stock down more than 10%.

from Earnings https://ift.tt/3E0qbOc
via IFTTT

Lowe's shares fall as sales outlook disappoints, home improvement demand could cool

During an analyst meeting, Lowe's Chief Financial Officer Dave Denton said the retailer is preparing for a "modest sector pullback in 2022."

from Earnings https://ift.tt/3yr3RvQ
via IFTTT

Lululemon earnings top estimates, but shares fall after retailer cuts forecast for Mirror sales

Lululemon's stock gave up gains Thursday after the company slashed its sales expectations for Mirror, the at-home fitness device it acquired last year.

from Earnings https://ift.tt/3y9HhHS
via IFTTT

Oracle swings to loss because of payment tied to dispute over former CEO Hurd's employment

Oracle's results were clouded by a payment tied to the employment of Mark Hurd, previously co-CEO of the database software maker with current CEO Safra Catz.

from Earnings https://ift.tt/3GudjBn
via IFTTT

GameStop shares fall as video game retailer reports widening losses in third quarter

GameStop shares fell after the video game retailer reported that its losses widened in the fiscal third quarter.

from Earnings https://ift.tt/3rORicG
via IFTTT

Rent the Runway posts widening losses, as subscribers have yet to return to pre-pandemic levels

Rent the Runway booked a wider fiscal third-quarter loss compared with 2020, as its sales shot up 66% year over year.

from Earnings https://ift.tt/3rOszFd
via IFTTT

Stitch Fix shares crater as retailer cuts forecast, despite topping earnings estimates

Stitch Fix cut its revenue outlook for the fiscal year, saying that it faces ongoing supply chain pressures and is in a transition period for bringing on users.

from Earnings https://ift.tt/3Gif7gE
via IFTTT

MongoDB shares jump as revenue growth accelerates

While MongoDB continues to spend heavily in a competitive market, it's raising expectations for the quarter ahead.

from Earnings https://ift.tt/3lCgMFV
via IFTTT

DocuSign plunges almost 30% after e-signature company issues weak fourth-quarter guidance

DocuSign lost more than a quarter of its value after hours on Thursday following a disappointing forecast for the end of the year.

from Earnings https://ift.tt/31ntX6T
via IFTTT

Kay Jewelers parent Signet shares rise after retailer beats expectations and raises outlook

Amid ongoing global supply chain issues, Signet CEO Virginia Drosos said the retailer secured its holiday merchandise early this year.

from Earnings https://ift.tt/3IakY9I
via IFTTT

Dollar General tested a store for wealthier shoppers. Now, it will grow to 1,000 locations

Dollar General plans to expand its Popshelf chain to about 1,000 locations. The new format helps the discounter attract suburban customers and drive up profits.

from Earnings https://ift.tt/3of4Yeu
via IFTTT

Snowflake stock soars on strong revenue and Q4 guidance

Shares of Snowflake were up more than 13% after it surpassed analyst expectations for third-quarter revenue and provided strong product revenue guidance.

from Earnings https://ift.tt/3dco7HY
via IFTTT

Salesforce fourth quarter guidance misses Wall Street expectations

Salesforce reported fiscal third-quarter earnings on Tuesday.

from Earnings https://ift.tt/3pf1E2n
via IFTTT

Eco-friendly shoemaker Allbirds posts wider loss despite 33% gain in quarterly sales; shares fall

Allbirds' losses widened as the cost of opening stores and listing its stock weighed on its results.

from Earnings https://ift.tt/3d5sWTh
via IFTTT

Gap shares crater 15% after retailer sees millions in lost sales from delayed product shipments, cuts forecast

Gap Inc. on Tuesday slashed its full-year outlook due to supply chain complications that put a damper on its third-quarter sales and took a bite out of profits.

from Earnings https://ift.tt/3DPU9oA
via IFTTT

Nordstrom shares tumble more than 20% as earnings fall short, hurt by higher labor costs, weak Nordstrom Rack sales

Nordstrom earnings fell short of analysts' expectations as labor costs ate into profits and sales struggled to return to pre-pandemic levels.

from Earnings https://ift.tt/3cFk1I7
via IFTTT

Dick's Sporting Goods crushes earnings and raises full-year outlook

Dick's Sporting Goods on Tuesday reported fiscal third-quarter earnings and sales that outpaced analysts' expectations.

from Earnings https://ift.tt/3qYPn4J
via IFTTT

Best Buy earnings top estimates but retailer's stock tumbles amid weakening demand, shipping bottlenecks

Best Buy's fourth quarter could be hurt by rising shipping costs and weaker demand for consumer electronics.

from Earnings https://ift.tt/3oWjNlh
via IFTTT

Zoom beats estimates even as revenue growth is poised to slow after pandemic

Zoom indicated that revenue growth will slow to 19% in the current quarter, compared with over 300% growth last year following the onset of the coronavirus.

from Earnings https://ift.tt/3oUWx7t
via IFTTT

Kohl's shares jump after retailer reports 16% sales increase as shoppers buy clothes and makeup

The department store chain also raised its forecast for the year.

from Earnings https://ift.tt/3x2tWAD
via IFTTT

Macy's shares rise as department store beats on earnings and hikes full-year outlook, thanks to new customers

Macy's reported third-quarter earnings and sales that topped analysts' expectations, leading the department store chain to raise its full-year forecast.

from Earnings https://ift.tt/3cpUHFM
via IFTTT

Alibaba misses expectations as earnings plunge 38% in the September quarter

Alibaba has been a victim of China's crackdown on its technology industry which has seen a slew of new regulation brought in from antitrust to data protection.

from Earnings https://ift.tt/3nsPnYp
via IFTTT

Nvidia data center sales grew 55% on demand for artificial intelligence chips

The company has had more demand than it can fill, especially for its hard-to-find graphics cards, which have been popular with gamers.

from Earnings https://ift.tt/3FttnTl
via IFTTT

Cisco reports disappointing revenue and issues forecast that misses estimates

Cisco CEO Chuck Robbins said the company saw strong demand despite supply challenges, but the company failed to meet analysts' revenue estimates.

from Earnings https://ift.tt/3cjuicN
via IFTTT

Lowe's tops estimates as customers invest more in bigger home projects, retailer lifts sales forecast

The home improvement retailer has been making an effort to win more electricians, contractors and other professionals as customers.

from Earnings https://ift.tt/3oDSgVS
via IFTTT

Target tops earnings estimates, but shares fall as retailer focuses on keeping customer prices low

Target raised its fourth-quarter forecast, predicting comparable sales could rise at between a high-single digit and low double-digit pace.

from Earnings https://ift.tt/3HoMSOZ
via IFTTT

Walmart is about to report earnings. Here's what to expect

Walmart's earnings report will offer clues of how the holiday season is shaping up.

from Earnings https://ift.tt/320p8jL
via IFTTT

Home Depot is about to report earnings. Here's what to expect

Shares of Home Depot have climbed 39% this year, giving it a market value of $392 billion.

from Earnings https://ift.tt/30slJtV
via IFTTT

Shares of EV start-up Lucid rise after executives confirm new reservations, 2022 vehicle production

The company on Monday said it has more than 17,000 reservations for its Air sedan, up from 13,000 through the third quarter.

from Earnings https://ift.tt/3kFZlE6
via IFTTT

WeWork shows more losses in its first quarterly report as a public company

WeWork said total revenue for the quarter was $661 million, up 11% from the previous quarter.

from Earnings https://ift.tt/3wPCrih
via IFTTT

Warby Parker's losses widen in the third quarter as direct listing costs offset 32% sales growth

Warby Parker reported Friday that its third-quarter revenue rose 32% from year-ago levels, but its losses widened.

from Earnings https://ift.tt/3D6dPUW
via IFTTT

Coach owner Tapestry shares rise on upbeat outlook and abating supply chain fears

Coach owner Tapestry shares rose after the high-end handbag owner hiked its revenue forecast for the year.

from Earnings https://ift.tt/2YDrO5N
via IFTTT

Lordstown Motors delays Endurance EV pickup production due to supplier issues, shares fall

Commercial production and deliveries of Lordstown Motors' all-electric pickup called the Endurance is once again being pushed back, the company said Thursday.

from Earnings https://ift.tt/3oiQDN7
via IFTTT

Opendoor thrives in home-flipping market Zillow just exited as earnings beat estimates

Opendoor shares surged in after-market trading on Wednesday as third-quarter results exceeded analysts' estimates.

from Earnings https://ift.tt/3kolcj6
via IFTTT

Affirm shares soar after company announces expanded deal with Amazon, fiscal Q1 revenues beat estimates

Affirm shares soared in after-hours trading Wednesday, after the company announced it would expand its Amazon deal and that it beat on fiscal Q1 revenue.

from Earnings https://ift.tt/3C6flF8
via IFTTT

Beyond Meat shares crater as losses mount, company expects weak U.S. sales growth ahead

Beyond Meat reported a wider-than-expected loss for its fourth quarter and revenue that fell short of analysts' estimates.

from Earnings https://ift.tt/30cZV5o
via IFTTT

Disney set to report fourth-quarter earnings after the bell

Disney may show slowing growth of its Disney+ streaming service when it reports fiscal fourth-quarter earnings after the bell Wednesday.

from Earnings https://ift.tt/3D5ViYY
via IFTTT

Coinbase shares drop after third-quarter revenue misses analysts' estimates

Coinbase reported weaker-than-expected revenue figures in the third quarter and a drop in monthly active users from the prior period.

from Earnings https://ift.tt/3wsOSRa
via IFTTT

DoorDash to acquire international delivery platform Wolt for $8.1 billion

Wolt currently has about 4,000 employees and operates in 23 countries.

from Earnings https://ift.tt/3ohoaqK
via IFTTT

PayPal reports 13% revenue increase in the third quarter and announces Venmo partnership with Amazon

PayPal on Monday after reported third-quarter earnings that were weaker than analysts had expected even as revenue rose 13%.

from Earnings https://ift.tt/3H3HUXG
via IFTTT

Roblox soars more than 30% as it reports that revenue doubled in third quarter

Roblox said user growth for its video game continued in the third quarter, with the company. now averaging 47 million each day.

from Earnings https://ift.tt/3EV2RlI
via IFTTT

AMC posts smaller-than-expected loss, but CEO says there are still pandemic challenges ahead

Shares of AMC Entertainment whipsawed in extended trading Monday after the company posted a smaller-than-expected loss for the third quarter.

from Earnings https://ift.tt/3wpfzpS
via IFTTT

Berkshire's operating earnings pop 18% last quarter with Buffett's cash pile at record $149 billion

The conglomerate reported operating income $6.47 billion in the third quarter, rising 18% from $5.48 billion from the same quarter a year ago.

from Earnings https://ift.tt/3mPkP2P
via IFTTT

Peloton is about to report earnings. Here's what to expect

Peloton is set to report its fiscal first-quarter financials after the market closes on Thursday.

from Earnings https://ift.tt/3weQvBM
via IFTTT

Moderna shares fall after company cuts 2021 forecast for Covid vaccine sales

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

Credit Suisse scales back investment banking as earnings beat estimates

The Swiss bank also revealed that it expects to report a net loss in the fourth quarter and said it plans to scale back its investment banking operations.

from Earnings https://ift.tt/3wcLDNH
via IFTTT

Roku shares drop after streaming company misses revenue estimates

Roku shares dropped in after-hours trading Wednesday after the company reported a third-quarter revenue that missed expectations.

from Earnings https://ift.tt/3mHs50z
via IFTTT

Qualcomm shares pop as smartphone chip sales rise 56%

Qualcomm's revenue also beat Wall Street expectations despite a global chip shortage, driven by chip sales for smartphones, which were up 56% year-over-year.

from Earnings https://ift.tt/3k4ePRT
via IFTTT

SunPower falls short on revenue, still weighing options for commercial solar business

Solar company SunPower's third-quarter revenue disappointed the Street.

from Earnings https://ift.tt/3k5maRf
via IFTTT

CVS Health beats on earnings, gets lift from Covid vaccines and prescription volumes

The drugstore chain has gotten a boost from Covid-19 vaccines and the return of more typical pharmacy patterns.

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

Freshworks sinks 13% after software maker forecasts lower annual revenue than expected in first quarterly report since IPO

Freshworks contends with enterprise-software heavyweights such as Oracle and Salesforce, and now the company is calling for revenue growth to slow.

from Earnings https://ift.tt/3nRdMpD
via IFTTT

Lyft says drivers are coming back, but disappoints on active riders

Lyft reported 18.94 million active riders this quarter, compared to the expected 19.69 million, per StreetAccount.

from Earnings https://ift.tt/3k0OMey
via IFTTT

Zillow says it's closing home-buying business and cutting 25% of workforce; earnings miss estimates

Zillow said on Tuesday that it's winding down its home-buying unit, which competes with Opendoor.

from Earnings https://ift.tt/3GGSlQK
via IFTTT

SolarEdge revenue falls short, but company claims 'record backlog' of orders

SolarEdge shares dipped in extended trading on Tuesday after the company's third-quarter revenue feel short of expectations.

from Earnings https://ift.tt/3BCx32P
via IFTTT

Outback Steakhouse parent's stock tumbles 11% after higher costs hit 2022 forecast

Shares of Bloomin' Brands tumbled 11% Tuesday after the company said it's expecting an additional $170 million in costs next year due to inflation.

from Earnings https://ift.tt/3EEwKqh
via IFTTT

Under Armour shares soar as earnings beat prompts retailer to hike annual outlook

Under Armour CEO Patrik Frisk credited strong marketing efforts that are boosting affinity for the athletic apparel maker's brand.

from Earnings https://ift.tt/3CFlLfB
via IFTTT

BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge

Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices.

from Earnings https://ift.tt/3nPAn5V
via IFTTT

Exxon posts highest quarterly profit in years, but revenue disappoints

Exxon topped earnings expectations during the third quarter of 2021, but revenue came up short of estimates.

from Earnings https://ift.tt/3nEU8gt
via IFTTT

Chevron reports highest free cash flow on record as rebound in oil boost results; shares gain

Chevron said Friday that it generated the highest free cash flow on record during the third quarter as commodities prices surged.

from Earnings https://ift.tt/3vSzhtS
via IFTTT

Amazon set to report third-quarter earnings after the bell

Amazon is grappling with higher costs tied to employment and fulfillment expansion, as well as heightened pressures from global supply chain constraints.

from Earnings https://ift.tt/3BoDAOJ
via IFTTT

Apple will report fourth-quarter earnings after the bell

Apple is currently in the middle of massive growth as sales of iPhones, iPads and Macs exploded during the pandemic.

from Earnings https://ift.tt/3jLR0hK
via IFTTT

Starbucks is about to report its earnings. Here's what to expect

Shares of the company have risen more than 5% this year, giving it a market value of $133 billion.

from Earnings https://ift.tt/3vSmGH8
via IFTTT

Taco Bell parent earnings beat, fueled by strong demand for KFC

KFC's same-store sales climbed 6% after falling 4% a year ago.

from Earnings https://ift.tt/3nFUwvn
via IFTTT

Comcast beats expectations for revenue, earnings and internet customers in third quarter

NBCUniversal saw a large revenue boost from Olympics broadcasts in the summer.

from Earnings https://ift.tt/3bleIg0
via IFTTT

Oil giant Shell misses on third-quarter profit as Dan Loeb calls for the company to break up

Oil giant Royal Dutch Shell on Thursday reported weaker-than-expected third-quarter earnings and announced it had set itself a bigger carbon reduction target.

from Earnings https://ift.tt/3vUt801
via IFTTT

Ford is set to report results after the bell. Here's what Wall Street expects

Ford previously raised its guidance for the year, but said the second half of the year would be weaker than the first six months.

from Earnings https://ift.tt/3pJPgJK
via IFTTT

Boeing takes $183 million charge from 787 Dreamliner flaws, cuts production to 2 a month

from Earnings https://ift.tt/3bfwphi
via IFTTT

GM shares jump after reporting third-quarter earnings that beat Wall Street estimates

Analysts say they expect relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and suttered plants.

from Earnings https://ift.tt/3nuY9UN
via IFTTT

McDonald's is about to report earnings. Here's what to expect

Investors want to see how McDonald's is weathering issues hitting the restaurant industry, like labor challenges, higher food costs and the delta variant.

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

Coca-Cola earnings top estimates as consumers drink more beverages away from home

Coca-Cola reported fiscal third-quarter earnings and sales that topped analysts' estimates, prompting the beverage giant to hike its annual outlook again.

from Earnings https://ift.tt/3pDQwhq
via IFTTT

Twitter shares rise after company says Apple privacy changes had less of an impact than expected on third-quarter results

Twitter on Tuesday reported its third-quarter earnings, meeting analysts' expectations for revenue and user growth.

from Earnings https://ift.tt/3mgn5zI
via IFTTT

Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading

Stock trading app Robinhood reported third quarter results after the bell on Tuesday.

from Earnings https://ift.tt/3Ek8c5L
via IFTTT

AMD sales rise 54% on strong demand for chips for servers and game consoles

AMD has benefitted from a surge in electronics sales as its central processors and graphics processors power PCs, servers, and game consoles.

from Earnings https://ift.tt/3Gs2tfU
via IFTTT

Alphabet reports third-quarter earnings after the bell

Alphabet's advertising revenue is increasing as businesses reopen from the pandemic and spending returns.

from Earnings https://ift.tt/3vKHxvK
via IFTTT

Microsoft set to report earnings after the bell

While Microsoft expects fast growth to continue in its Azure cloud business, the company is investing in security, with a major executive hire and acquisitions.

from Earnings https://ift.tt/3beJKq4
via IFTTT

Wealth management boom helps UBS report $2.3 billion profit, beating estimates

UBS has beaten analyst expectations in the third quarter as its wealth management division continues to outperform.

from Earnings https://ift.tt/3nsvAXW
via IFTTT

Facebook set to release third-quarter earnings in midst of whistleblower document dump

Facebook is set to release its third-quarter earnings after the bell Monday.

from Earnings https://ift.tt/3CgeyT1
via IFTTT

Burger King parent earnings beat but labor challenges weigh on sales

from Earnings https://ift.tt/3vIVn1C
via IFTTT

HSBC reports 76% jump in third-quarter profit, plans $2 billion share buyback

The bank's reported pre-tax profit came in at $5.4 billion in the third quarter of 2021 — beating expectations.

from Earnings https://ift.tt/3mclafQ
via IFTTT

Snap plummets 25% after missing on revenue expectations

Snap reported its third-quarter earnings on Thursday, missing revenue expectations after Apple’s iPhone privacy changes disrupted its advertising business.

from Earnings https://ift.tt/3C7RCVW
via IFTTT

Intel shares fall after company blames shrinking PC chip business on component shortages

Intel is in a period of massive capital expenditure as it spends $20 billion this year, including on a new semiconductor factory in Arizona.

from Earnings https://ift.tt/3E0aRl1
via IFTTT

Here's what to expect from Chipotle earnings

Shares of Chipotle have risen 31% this year, giving it a market value of $51.3 billion.

from Earnings https://ift.tt/2Z6w1Pc
via IFTTT

AutoNation shares hit new all-time high after reporting record quarterly earnings

AutoNation's stock Thursday morning topped $130 a share for the first time ever, according to FactSet.

from Earnings https://ift.tt/3b092rS
via IFTTT

J&J Covid vaccine added $502 million to third-quarter sales

Johnson & Johnson reported earnings that beat Wall Street's profit expectations but revenue missed estimates.

from Earnings https://ift.tt/3BRnGxg
via IFTTT

P&G earnings top estimates as price hikes help offset some costs. Warns more inflation ahead

Procter & Gamble raised its forecast for inflation, predicting that higher commodity and freight costs could hit fiscal 2022 earnings by $2.3 billion.

from Earnings https://ift.tt/3lU3rtd
via IFTTT

American Airlines posts profit thanks to federal aid, revenue improves

For the fourth-quarter American expects its revenue to be down about 20% from 2019.

from Earnings https://ift.tt/3vwc2pl
via IFTTT

Southwest Airlines' October flight cancellations cost carrier $75 million

Southwest said flight cancellations in October cost it $75 million as it grappled with understaffing.

from Earnings https://ift.tt/3jncNw0
via IFTTT

IBM shares drop on weaker-than-expected quarterly revenue

IBM expects to spin out its managed infrastructure services unit early next month, CEO Arvind Krishna said in a statement. The move should boost revenue growth.

from Earnings https://ift.tt/3lWW5Fu
via IFTTT

Tesla set to report third-quarter results after the bell

Tesla's deliveries rose during the quarter, setting a new company record, despite chip shortages and supply chain challenges weighing on the industry.

from Earnings https://ift.tt/3lXlLl7
via IFTTT

United Airlines posts higher-than-expected revenue after travel demand rebounded

United posted a narrower adjusted loss than expected.

from Earnings https://ift.tt/3BZH2QL
via IFTTT

Netflix set to report third-quarter earnings after the bell

Netflix reports third-quarter earnings after the bell

from Earnings https://ift.tt/3DUlUMl
via IFTTT

Goldman Sachs is set to report third-quarter earnings —here’s what the Street expects

Goldman is the last of the six biggest U.S. banks to report earnings

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

Domino's Pizza stock falls 3% after U.S. same-store sales turn negative

Domino's Pizza stock fell as much as 5% in premarket trading after the pizza chain's U.S. same-store sales turned negative.

from Earnings https://ift.tt/3lEtnc8
via IFTTT

Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations

Wells Fargo on Thursday posted a jump in profit in the third quarter with net income of $5.1 billion, marking a sharp increase from $3.2 billion a year ago.

from Earnings https://ift.tt/2YSXQL8
via IFTTT

Citigroup is set to report third-quarter earnings — here’s what the Street expects

Citigroup will report its latest earnings report on Thursday as major Wall Street banks announce their third-quarter results.

from Earnings https://ift.tt/3v87XHG
via IFTTT

Morgan Stanley beats estimates on record investment banking and asset management results

Morgan Stanley is well positioned for the moment.

from Earnings https://ift.tt/3azF1yX
via IFTTT

Walgreens earnings top estimates, as drugstore gives twice as many Covid vaccines as expected

The drugstore chain will hold an investor day and lay out its growth plans on Thursday.

from Earnings https://ift.tt/3DDLPrv
via IFTTT

Bank of America tops estimates on reserve release, strong advisory and asset management results

Banks have been releasing loan loss reserves when defaults didn't arrive.

from Earnings https://ift.tt/3mRw7m7
via IFTTT

Delta Air Lines posts profit thanks to stronger travel demand, but rising fuel prices will squeeze 4Q bottom line

Delta's revenue and earnings topped Wall Street estimates.

from Earnings https://ift.tt/3aAdLA5
via IFTTT

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

JPMorgan Chase is the first big bank to report third-quarter earnings.

from Earnings https://ift.tt/3FKQ9XO
via IFTTT

Consumers are splurging on diamonds. Signet Jewelers just hiked its full-year outlook — again

Signet Jewelers also announced it agreed to buy the off-mall jewelry chain Diamonds Direct USA for $490 million.

from Earnings https://ift.tt/3lFhUcF
via IFTTT

Shares of semiconductor giant Samsung fall after it says third-quarter profit likely rose 28%

Samsung said its operating profit for the quarter that ended in September was up 28% from a year ago to 15.8 trillion Korean won ($13.26 billion).

from Earnings https://ift.tt/3FCgaJ4
via IFTTT

Levi Strauss earnings beat as new denim styles drive sales growth, retailer raises outlook

Although many apparel companies have been hit by global supply chain bottlenecks, Levi has fared well comparatively due to its diversified manufacturing.

from Earnings https://ift.tt/3abJ9Vl
via IFTTT

Pepsi earnings top estimates despite higher supply chain costs, company raises revenue forecast

PepsiCo on Tuesday raised its full-year forecast after its quarterly earnings and revenue topped analysts' expectations.

from Earnings https://ift.tt/3iz4z3w
via IFTTT

Ford's sales improving but still down by 27.4% in the third quarter

The drastic fall was narrower than auto forecasters expected, but wider than the overall industry that was projected to be down between 13% and 14%.

from Earnings https://ift.tt/3uGuNWp
via IFTTT

Bed Bath & Beyond shares tank as supply chain issues hit sales, inflation eats into profits

Bed Bath & Beyond shares tanked Thursday as the company said it saw a steep drop-off in traffic in August.

from Earnings https://ift.tt/3ohROOs
via IFTTT

Nike shares fall as weaker sales in North America lead to revenue shortfall

Nike shares dropped after the sneaker giant reported quarterly revenue that missed analysts' expectations.

from Earnings https://ift.tt/3hZPOq2
via IFTTT

Stitch Fix shares surge as online styling service reports surprise profit

Stitch Fix shares jumped after the online shopping and styling service reported a surprise profit for its fiscal fourth quarter.

from Earnings https://ift.tt/3lKVBko
via IFTTT

Oracle falls short on revenue as it ramps up cloud investment

While Oracle has been investing more in capital expenditures to meet expected demand for cloud services, revenue fell short of estimates in multiple segments.

from Earnings https://ift.tt/3Cbc0p4
via IFTTT

Affirm stock skyrockets after company reports 71% revenue growth and strong guidance

The blockbuster earnings report comes after Affirm last month announced it's teaming up with Amazon to launch a buy now, pay later checkout option on the site.

from Earnings https://ift.tt/2X8fzgA
via IFTTT

Boston Beer falls nearly 10% as weak hard seltzer demand forces it to pull earnings guidance

Boston Beer pulled its earnings guidance Wednesday amid a big slowdown in sales of Truly, its hard seltzer brand.

from Earnings https://ift.tt/3hh1t3z
via IFTTT

GameStop falls more than 7% despite posting narrower loss and rising sales

Shares of GameStop fell about 2% in extended trading on Wednesday even after the retailer said its second-quarter losses narrowed year over year.

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

Lululemon shares surge on earnings beat, hiked outlook as shoppers spend on workout apparel

Lululemon shares rose after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts' expectations.

from Earnings https://ift.tt/3C889cn
via IFTTT

NFL data rights partner Genius Sports sees revenue double in the second quarter

NFL data rights licensee Genius Sports said it made $55.8 million in revenue for the second quarter as its stock to a dive in after-hours trading.

from Earnings https://ift.tt/3nciP5c
via IFTTT

American Eagle shares drop after revenue falls short, e-commerce sales slow from last year

American Eagle on Thursday posted mixed fiscal second-quarter results.

from Earnings https://ift.tt/3BP7PPB
via IFTTT

Chewy shares tumble after pet retailer's earnings and forecast disappoint

The online pet retailer's stock was down more than 11% at one point in after-hours trading Wednesday.

from Earnings https://ift.tt/3zDndhb
via IFTTT

Zoom shares slide 10% on slowing growth

Zoom's full-year revenue guidance came in right where analysts expected. The earnings forecast is what was strong.

from Earnings https://ift.tt/3yw4Zgf
via IFTTT

Peloton shares fall after cycle maker posts disappointing earnings and outlook; cuts Bike price

Peloton reported Thursday that revenue growth in its fiscal fourth quarter tapered off dramatically from the prior quarter.

from Earnings https://ift.tt/3ymPCq6
via IFTTT

Ulta shares rise after beauty retailer posts 60% gain in revenue, as makeup sales recover

Shares of Ulta Beauty rose in extended trading after the retailer posted second-quarter results that topped analyst expectations on the top and bottom lines.

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

Salesforce raises full-year earnings guidance following Slack acquisition

Salesforce will gain $530 million in revenue in the current fiscal year thanks to a contribution from Slack, an $27.7 billion acquisition that closed in July.

from Earnings https://ift.tt/3yhBCy3
via IFTTT

Dick's Sporting Goods shares rise after second-quarter sales surge 21%, retailer raises forecast

The big-box retailer's sales have soared during the pandemic, as customers have bought workout clothes, sneakers, golf clubs and other outdoor equipment.

from Earnings https://ift.tt/3gwsAag
via IFTTT

Eyeglass retailer Warby Parker in IPO filing reveals rising sales—but also widening losses

The brand, which is best known for selling lower-priced, fashion-forward prescription glasses, is preparing to debut on Wall Street.

from Earnings https://ift.tt/3kkBokO
via IFTTT

Nordstrom earnings beat, retailer raises forecast, but shares fall as sales still below 2019 levels

Nordstrom reported fiscal second-quarter profit and sales that topped analysts' estimates.

from Earnings https://ift.tt/2UKni3j
via IFTTT

Best Buy shares rise on earnings beat, retailer says consumers are upgrading tech to work at home

The consumer electronics retailer said it has benefited from a healthy consumer, government stimulus and permanent lifestyle changes.

from Earnings https://ift.tt/3B5XYV1
via IFTTT

Foot Locker shares soar on huge earnings beat and on retailer's optimism for 2H

Foot Locker crushed fiscal second-quarter earnings estimates and voiced optimism about the back half of the year.

from Earnings https://ift.tt/3yZ72KJ
via IFTTT

Victoria's Secret shares tumble, Bath & Body Works rises after first post-split earnings reports

Victoria's Secret said its sales have yet to return to pre-pandemic levels, while Bath & Body Works is optimistic about its fall and holiday lineup.

from Earnings https://ift.tt/37UPyDt
via IFTTT

Kohl's earnings top estimates, retailer raises forecast as higher foot traffic drives sales

Kohl's said its higher forecast positions the department store to achieve many of its 2023 strategic goals this year, well ahead of our plan.

from Earnings https://ift.tt/3sx3KvR
via IFTTT

Macy's shares jump as earnings trounce estimates, retailer says it's gaining new customers online

Macy's on Thursday reported fiscal second-quarter profit and revenue that topped analysts' estimates.

from Earnings https://ift.tt/3sw6IRg
via IFTTT

Robinhood revenue doubles for second quarter, but shares fall after app warns trading is slowing

Robinhood reported second-quarter earnings after the bell on Wednesday, in its first report since going public.

from Earnings https://ift.tt/3kbXJRE
via IFTTT

Robinhood says dogecoin accounted for 62% of crypto revenue in Q2 as meme-inspired currency soared

Robinhood, which derives significant revenue from crypto trading, announced earnings on Wednesday for the first time since its IPO last month.

from Earnings https://ift.tt/3sv2eKP
via IFTTT

Nvidia beats earnings expectations, but cryptocurrency chip sales falter

Nvidia's cryptocurrency chip products, CMP, had lower sales than the company predicted in May.

from Earnings https://ift.tt/2W6wP4W
via IFTTT

Cisco delivers slight beat as revenue grows 8%

Cisco called for 5% to 7% growth in the new fiscal year, after supply constraints cut into sales of data center hardware such as ethernet switches.

from Earnings https://ift.tt/3AVJwiu
via IFTTT

Lowe's earnings beat estimates, as home professionals help drive growth

The home improvement retailer has reported eye-popping growth during the pandemic.

from Earnings https://ift.tt/3ASjcpq
via IFTTT

Target earnings top estimates, retailer raises forecast as back-to-school spending kicks in

The big-box retailer faces tough comparisons with year-ago quarter when its comparable sales growth hit an all-time high.

from Earnings https://ift.tt/3sslYOT
via IFTTT

Walmart is set to report earnings before the bell

The discounter is lapping a three-month period when it benefited from stimulus checks but lost ground to rival grocers.

from Earnings https://ift.tt/3CU5hB2
via IFTTT

Home Depot shares tumble despite earnings beat, retailer rang up fewer customers as DIY trends weaken

Home Depot beat analysts' estimates for its fiscal second-quarter profit and sales as fewer customers visited its stores but those who did spent more per trip.

from Earnings https://ift.tt/3gbVSem
via IFTTT

Chinese electric scooter company Niu shakes off pandemic slump and predicts strong sales ahead

Niu said Monday that revenue grew by 46.5% in the second quarter, and forecast it would grow at about the same pace — or better — in the third quarter.

from Earnings https://ift.tt/37R8vqp
via IFTTT

Retailers begin reporting this week, but the delta variant is a big wild card

Big retailers get their time to shine as they report earnings this week. The question is whether they can maintain momentum through the rest of 2021.

from Earnings https://ift.tt/3xKQftz
via IFTTT

Airbnb revenues jumped 300% but the company is warning about delta

Airbnb's revenue came in at $1.34 billion, up nearly 300% year-over-year.

from Earnings https://ift.tt/2UdVgx1
via IFTTT

Disney set to report fiscal third-quarter earnings after the bell

Disney reports fiscal third-quarter earnings after the bell Thursday.

from Earnings https://ift.tt/3jU0cjv
via IFTTT

Palantir revenue jumps 49% in second quarter

Palantir's business has gotten a boost from the pandemic and it recently extended contracts with government health agencies.

from Earnings https://ift.tt/37E0LYK
via IFTTT

Chinese Tesla rival Nio narrows losses as revenue surges 127%

Amid the global chip shortage, the Nio CEO said the firm has been "working closely" with its partners to "improve the overall supply chain production capacity."

from Earnings https://ift.tt/3fXTWWx
via IFTTT

Doximity shares jump after digital health company says revenue doubled in first report since IPO

Doximity said revenue in the fiscal first quarter climbed to $72.7 million from $36.4 million a year earlier.

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

Coinbase profits surge following volatile stretch of cryptocurrency trading

While the company offered no formal guidance, it did say trading volume will be lower in the third quarter compared to Q2.

from Earnings https://ift.tt/3yCT5C5
via IFTTT

AMC posts narrower-than-expected loss, but CEO warns theater chain 'isn't out of the woods yet'

Shares of AMC Entertainment rose after the company posted a narrower-than-expected loss during the second quarter.

from Earnings https://ift.tt/3CwhfAy
via IFTTT

Berkshire Hathaway's operating earnings jump 21% as recovering economy boosts railroad, energy units

The conglomerate reported operating earnings of $6.686 billion, up 21% from $5.513 billion a year ago,

from Earnings https://ift.tt/3rWWXeE
via IFTTT

Norwegian Cruise Line posts mixed results ahead of first U.S. voyage since last year

Norwegian Cruise Line reported mixed second-quarter results on Friday as future bookings remained strong ahead of its first cruise in the U.S. since last year.

from Earnings https://ift.tt/2VwN77t
via IFTTT

Huawei chairman says the ‘aim is to survive’ as revenue slides 29%

The chairman of Huawei said the Chinese technology company's "aim is to survive" as revenue fell almost 30% in the first half of the year.

from Earnings https://ift.tt/3jzfLwS
via IFTTT

The world's largest container shipping firm posts soaring second-quarter earnings

Maersk has posted a sharp increase in second-quarter earnings as congestions and bottlenecks continue to drive up shipping rates.

from Earnings https://ift.tt/3lzsaU3
via IFTTT

Cloud stocks soar to fresh records as Datadog's results help boost Cloudflare and Asana

Datadog shares jumped 15% on Thursday on better-than-expected results, helping push other cloud stocks to all-time highs.

from Earnings https://ift.tt/3ju9m5Q
via IFTTT

Novavax delays Covid vaccine emergency authorization submission to FDA until fourth quarter

from Earnings https://ift.tt/3fwH8WP
via IFTTT

Virgin Galactic reopens ticket sales, with next spaceflight test targeting late September

Virgin Galactic delivered second-quarter results after the market closed on Thursday.

from Earnings https://ift.tt/3yrSnHv
via IFTTT

Beyond Meat loss widens amid higher costs, shares fall as pandemic clouds outlook

Beyond Meat shares fell in extended trading after the company reported a wider-than-expected loss for its second quarter.

from Earnings https://ift.tt/3rUu8j3
via IFTTT

Wayfair shares rise after earnings top estimates and sales stay above pre-pandemic levels

Online furniture retailer Wayfair reported second-quarter earnings that topped estimates with sales remaining above pre-pandemic levels.

from Earnings https://ift.tt/3fzbIPM
via IFTTT

Moderna says its Covid vaccine booster produced ‘robust’ immune response against delta

Moderna said its Covid-19 vaccine booster shot produced a "robust" antibody response against the highly contagious delta variant.

from Earnings https://ift.tt/3fuTA9x
via IFTTT

Singapore's largest bank reports 37% on-year jump in second-quarter profit, beats expectations

DBS Group Holdings' net profit for the April-to-June quarter jumped 37% from a year ago to 1.7 billion Singapore dollars ($1.26 billion).

from Earnings https://ift.tt/3intHKM
via IFTTT

Adidas raises outlook despite falling sales in China as boycott there continues

The German sportswear giant increased its outlook for the year, despite a drop in sales in Greater China.

from Earnings https://ift.tt/3ylFoHv
via IFTTT

Etsy stock plunges as weak guidance suggests pandemic e-commerce boom is stalling

Etsy and other digital retailers have benefited greatly from the Covid-19 pandemic, which pushed consumers to shop online in order to avoid spreading the virus.

from Earnings https://ift.tt/3xr0v9U
via IFTTT

Roku stock sinks after reporting tight hardware margins, dramatic fall in streaming viewership

from Earnings https://ift.tt/3CkFMbQ
via IFTTT

Uber beats estimates, but core business lost $509 million in Q2

Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.

from Earnings https://ift.tt/3AfSarH
via IFTTT

Budget carrier Frontier says delta variant drives bookings lower

Budget airline Frontier says the delta variant is driving down bookings.

from Earnings https://ift.tt/3fx2zHs
via IFTTT

A 'roaring era' for concerts and live events is coming, says Live Nation CEO

Live Nation's Ticketmaster just had one of its best months ever in North America, a sign that audiences are ready to venture outside the home.

from Earnings https://ift.tt/3ymJX4g
via IFTTT

Royal Caribbean shares fall as cruise line posts wider-than-expected loss, disappointing revenue

Royal Caribbean reported second-quarter results with a wider-than-expected loss and a disappointing revenue.

from Earnings https://ift.tt/37k7ZkC
via IFTTT

General Motors misses Wall Street second-quarter earnings expectations, raises 2021 guidance

GM has projected better-than-expected results in the second quarter despite the industrywide impact of the semiconductor shortage.

from Earnings https://ift.tt/3jlsPFP
via IFTTT

CVS Health raises forecast for year, tops analyst estimates with strong second-quarter sales

from Earnings https://ift.tt/37h0Npd
via IFTTT

Germany’s Commerzbank reports second-quarter loss as restructuring, write-off charges bite

Commerzbank on Wednesday reported a net second-quarter loss due to restructuring costs and an exceptional write-off to an outsourcing project.

from Earnings https://ift.tt/3rPb7hS
via IFTTT

Synthetic biology company Zymergen plunges 68% after saying product revenue will be 'immaterial' in 2022, removing CEO

Three months after its IPO, Zymergen is warning investors that revenue is much further out than expected.

from Earnings https://ift.tt/3xhEwT3
via IFTTT

Lyft revenue grows 125% from last year

The company also beat analyst expectations when it came to active riders.

from Earnings https://ift.tt/3il5jJO
via IFTTT

Nikola reports narrower-than-expected loss during second quarter

The results come five days after a federal grand jury charged Nikola founder Trevor Milton with three counts of criminal fraud.

from Earnings https://ift.tt/3jmALqx
via IFTTT

SolarEdge shares surge after quarterly earnings top estimates

The residential solar power company’s shares gained on Tuesday morning following strong quarterly results.

from Earnings https://ift.tt/3xqncLn
via IFTTT

Under Armour shares surge as earnings top estimates, retailer hikes outlook

Under Armour reported Tuesday fiscal second-quarter profit and sales that topped analysts' estimates.

from Earnings https://ift.tt/3A3XbU3
via IFTTT

Oil giant BP ups dividend and confirms share buybacks as it posts better-than-expected quarterly profit

Oil and gas giant BP beat second-quarter earnings expectations on Tuesday, while expanding its dividend and share buyback program.

from Earnings https://ift.tt/2V9IdgD
via IFTTT

France's Societe Generale beats profit forecast in second quarter as retail banking returns

Societe Generale has beaten expectations in the second quarter due to a bounce back in retail banking and fewer loan defaults.

from Earnings https://ift.tt/3Cd8Bqg
via IFTTT

HSBC’s reported pre-tax profit more than doubles to $10.8 billion in first half of 2021

HSBC shares in Hong Kong jumped more than 3% following earnings release.

from Earnings https://ift.tt/3lm5dUk
via IFTTT

Burger King parent earnings top estimates as domestic digital sales grow nearly 60%

Restaurant Brands International topped Wall Street's estimates for its second-quarter earnings and revenue.

from Earnings https://ift.tt/3f8RcFq
via IFTTT

Chevron tops estimates and announces buyback plan amid recovery in oil prices

Chevron and Exxon reported second quarter results on Friday.

from Earnings https://ift.tt/3j1Najf
via IFTTT

Procter & Gamble is set to report earnings before the bell

P&G, whose portfolio includes Tide detergent, Charmin toilet paper and Pampers diapers, is on track to raise prices on some products this autumn.

from Earnings https://ift.tt/3fdmxqy
via IFTTT

Pinterest lost users in Q2, and the stock is plunging

Pinterest shares plunged in after-hours trading on Thursday after the company reported its second-quarter earnings, after the company reported a decline in monthly users during Q2.

from Earnings https://ift.tt/3BVCFXp
via IFTTT

Amazon set to report Q2 earnings

Amazon held Prime Day from June 21-22 during the second quarter.

from Earnings https://ift.tt/3l6uMbL
via IFTTT

Yum Brands tops earnings estimates as sales rebound at Taco Bell, KFC and Pizza Hut

Shares of Yum Brands rose more than 2% after the company reported better-than-expected second-quarter earnings and revenues on Thursday.

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

Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar

Shell boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program.

from Earnings https://ift.tt/3jg4Yrh
via IFTTT

Comcast set to report Q2 earnings before the bell

Investors will continue to keep an eye on how Peacock is faring in the streaming wars.

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

Volkswagen posts record first-half earnings and raises profit margin target

Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin.

from Earnings https://ift.tt/3l8nUKQ
via IFTTT

https://www.amazon.in/gp/goldbox?&linkCode=ll2&tag=amazonaffl079-21&linkId=cc90e2f9adc415668006385c2cb47017&language=en_IN&ref_=as_li_ss_tl

 Amazon Today deals

PayPal comes in light on revenue, profit drops from last year

PayPal shares fell as much as 8% in extended trading on Wednesday after reporting second-quarter earnings that were weaker than analysts had expected.

from Earnings https://ift.tt/3i8nvWN
via IFTTT

Qualcomm shares rise as revenue pops 63% driven by chip sales

Qualcomm revenue was up 63% from the same period last year, and earnings per share more than doubled annually in the quarter that ended on June 27.

from Earnings https://ift.tt/37dnpH7
via IFTTT

Facebook set to report its Q2 earnings

Analysts are expecting Facebook to show the fastest revenue growth in three years as it compared against a period of slow growth as Covid emerged last year.

from Earnings https://ift.tt/3iUWTYQ
via IFTTT

Ford is set to report results after the bell. Here's what Wall Street expects

Ford is expected Wednesday to report a slight loss for the second quarter due to the semiconductor chip shortage causing significant production cuts.

from Earnings https://ift.tt/3iZw6dD
via IFTTT

Boeing posts surprise profit as aircraft demand rebounded from pandemic slump

Boeing posted a surprise profit, snapping six straight quarters of losses, thanks to a revival in aircraft demand.

from Earnings https://ift.tt/3zL92pM
via IFTTT

Pfizer sells $7.8 billion in Covid shots in the Q2, raises 2021 guidance on vaccine sales

Pfizer said Wednesday it is raising the 2021 sales forecast of its Covid-19 vaccine to $33.5 billion from $26 billion.

from Earnings https://ift.tt/3BSl3LZ
via IFTTT

Here's what to expect from McDonald's earnings

Shares of the company have risen 14% this year, giving it a market value of $189 billion.

from Earnings https://ift.tt/3f4YGJL
via IFTTT

Apple set to report earnings after the bell

The June quarter is typically Apple's slowest of the year, but the company has recently seen a surge in Mac and iPad sales during the pandemic.

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

Alphabet set to report Q2 2021 earnings after the bell

It comes one year after the company's first-ever annualized revenue decline in Q2 2020.

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

Microsoft set to report earnings after the bell

Microsoft signaled that improvements in advertising and labor markets should boost parts of its business, alongside continued Azure cloud strength.

from Earnings https://ift.tt/3rPOutP
via IFTTT

Here's what to expect from Starbucks earnings

Starbucks is expected to report its fiscal third-quarter earnings after the bell Tuesday.

from Earnings https://ift.tt/3zMwW4t
via IFTTT

Tesla set to report earnings after the bell

Investors will be looking for info about new factories, parts shortages, and commercial production of the Cybertruck and custom battery cells.

from Earnings https://ift.tt/3kYbyFh
via IFTTT

Twitter posts fastest revenue growth since 2014 in pandemic rebound

Twitter's business rebounded in the second quarter after experiencing a sharp decline last year with the arrival of the coronavirus pandemic.

from Earnings https://ift.tt/3x1OZlc
via IFTTT

Snap pops more than 13% on earnings beat and user growth

Snap on Thursday reported its second quarter earnings, beating expectations across the board for earnings, revenue and user growth.

from Earnings https://ift.tt/3kJYram
via IFTTT

Intel beats as PC platform volume increases 33% from last year

CEO Pat Gelsinger has announced plans for Intel to transform itself by manufacturing chips for other companies.

from Earnings https://ift.tt/3ztOGkH
via IFTTT

Domino's revenue beats as pizza demand remains strong in the U.S.

Domino's reported 3.5% same-store sales growth in the United States for its second quarter.

from Earnings https://ift.tt/36U97Lu
via IFTTT

Biogen's controversial Alzheimer’s drug generates $2 million in first few weeks after approval

Biogen's Alzheimer's drug, Adhulem, generated $2 million in revenue in the first few weeks of its approval, the company said in its second-quarter earnings.

from Earnings https://ift.tt/3zlM7kM
via IFTTT

American, Southwest post quarterly profits, boosted by travel surge, federal aid

from Earnings https://ift.tt/3x1UgZX
via IFTTT

Crocs reports record revenue, raises full-year guidance amid strong demand

Crocs reported second-quarter earnings on Thursday that beat.

from Earnings https://ift.tt/2V2kkXU
via IFTTT

Johnson & Johnson expects $2.5 billion in global sales from Covid vaccine this year

Global sales of the Covid vaccine in the quarter were $164 million.

from Earnings https://ift.tt/3eBjdoX
via IFTTT

Here's what to expect from Coca-Cola's second-quarter earnings

Shares of Coke have risen 2% this year, giving the company a market value of $241 billion.

from Earnings https://ift.tt/3ixPHS7
via IFTTT

United Airlines narrows losses, plans to ramp up flying to meet strong travel demand

United Airlines narrowed its losses and plans to increase flying to cater to higher travel demand.

from Earnings https://ift.tt/3hYBxdT
via IFTTT

Netflix set to report second-quarter earnings after the bell

Wall Street has low expectations for Netflix's subscriber growth for the quarter.

from Earnings https://ift.tt/3xTHnTl
via IFTTT

Here's what to expect from Chipotle Mexican Grill earnings

Shares of Chipotle have risen 13% this year, giving the company a market value of $44.1 billion.

from Earnings https://ift.tt/3BrcozV
via IFTTT

IBM shows strongest revenue growth in three years

IBM reported the fastest revenue growth in three years as it laps a quarter that saw impact from the coronavirus. The company's consulting unit grew almost 12%.

from Earnings https://ift.tt/3eCmRPh
via IFTTT

Morgan Stanley beat earnings estimates as stock trading, investment banking top expectations

Morgan Stanley may be ideally suited for the moment.

from Earnings https://ift.tt/3ro8QtX
via IFTTT

Wells Fargo profit tops expectations with boost from release of money set aside for loan losses

Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street's expectations.

from Earnings https://ift.tt/3B4Z5VF
via IFTTT

Delta reports profit since 2019 thanks to federal aid, improving revenue as travelers return

Delta's quarterly report came in better than Wall Street estimates as travelers returned and federal aid drove it to its first profit since 2019.

from Earnings https://ift.tt/3i9ub5Z
via IFTTT

Citigroup is set to report second-quarter earnings — here’s what the Street expects

CEO Jane Fraser announced in April that Citigroup was exiting retail operations in 13 countries outside the U.S. to improve returns.

from Earnings https://ift.tt/36z5Cdh
via IFTTT

Bank of America is set to report second-quarter earnings —here’s what the Street expects

Will Bank of America join rivals in posting a quarterly boost from the release of loan loss reserves?

from Earnings https://ift.tt/3egNDga
via IFTTT

Earnings season starts with sky-high stock prices and soaring expectations

On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months.

from Earnings https://ift.tt/3AWor8i
via IFTTT

Goldman Sachs is set to report second-quarter earnings – here’s what the Street expects

Goldman Sachs is set to report its second-quarter earnings before the bell on Tuesday.

from Earnings https://ift.tt/3xCYbOd
via IFTTT

JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

JPMorgan Chase is the first major lender to report second-quarter earnings.

from Earnings https://ift.tt/3xCXl41
via IFTTT

PepsiCo earnings crush estimates as restaurant demand returns, company raises forecast

PepsiCo on Tuesday reported that its quarterly revenue rose more than 20% as restaurant demand for its drinks returned, fueling an earnings beat.

from Earnings https://ift.tt/3i55rvF
via IFTTT

Earnings season begins in the week ahead with eye-popping growth set to validate market's 2021 run

Strong earnings results might signal peak growth for corporate America but they could give the volatile market a temporary relief.

from Earnings https://ift.tt/3hOtVcq
via IFTTT

Ford's June sales decline by 26.9% as company misses second-quarter expectations

Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place.

from Earnings https://ift.tt/3AnJ9NR
via IFTTT

GM's second quarter sales up nearly 40% but slightly miss analyst expectations

GM reported sales of 688,236 vehicles during the second quarter, up 39.7% from a year earlier when the coronavirus pandemic caused buyers to shelter in place.

from Earnings https://ift.tt/2Ufyk03
via IFTTT

Walgreens earnings top estimates, company raises forecast, unveils turnaround strategy

from Earnings https://ift.tt/3w50IyV
via IFTTT

Bed Bath & Beyond earnings take a hit from turnaround costs, but retailer raises 2021 sales forecast

Bed Bath & Beyond on Wednesday reported mixed fiscal first-quarter results, as sales topped analysts' estimates, but profits missed.

from Earnings https://ift.tt/3jpUAPe
via IFTTT

Nike earnings and sales beat estimates, retailer books record revenue in North America

Nike on Thursday reported fiscal fourth-quarter earnings and sales that topped analysts' estimates, fueled by record revenue in North America.

from Earnings https://ift.tt/3xRFIx6
via IFTTT

OIive Garden parent same-restaurant sales near pre-pandemic levels as Covid restrictions ease

Darden Restaurants on Thursday reported that its fiscal fourth quarter same-store sales nearly returned to 2019 levels.

from Earnings https://ift.tt/3wVZVlb
via IFTTT

Ford says second quarter earnings will 'surpass expectations'

Ford said its adjusted pretax earnings for the second quarter will "surpass its expectations," while net income will be "substantially lower."

from Earnings https://ift.tt/35u9sUr
via IFTTT

GM expects inflation, semiconductor shortage to add $3 billion in extra costs in second half

The increased costs include a greater-than-expected impact from the parts shortage as well as rising commodity inflation costs of up to $2 billion.

from Earnings https://ift.tt/3wDAuF6
via IFTTT

Oracle revenue growth accelerates as pandemic recedes

Oracle reported better-than-expected results and showed accelerating growth with results comparing against the immediate impact of the coronavirus last year.

from Earnings https://ift.tt/3ztaVs2
via IFTTT

RH beats earnings, hikes outlook as retail rebound boosts high-end home goods; shares jump

Shares of the high-end furniture retailer surged Wednesday after the company beat analysts' profit and sales estimates for the fiscal first quarter.

from Earnings https://ift.tt/3w8SZkt
via IFTTT

GameStop sales rise 25% as the company chases e-commerce growth, embarks on a turnaround

The video game retailer also announced it had hired Amazon executive Ryan Furlong as its new CEO.

from Earnings https://ift.tt/3v6KOnq
via IFTTT

Stitch Fix shares soar as sales top estimates, styling service raises full-year outlook

Stitch Fix's sales topped analysts' estimates, driven by consumers refreshing their wardrobes and looking for styles in new sizes.

from Earnings https://ift.tt/3cqscYP
via IFTTT

Lululemon first-quarter sales rise 88%, topping estimates, as store traffic rebounds

Lululemon on Thursday reported fiscal first-quarter revenue that soared 88%, topping analysts' estimates, as shopper traffic steadily rebounded to its stores.

from Earnings https://ift.tt/3chpDIv
via IFTTT

Zoom reports blowout earnings but warns of a coming slowdown

Zoom sees revenue growth slowing in the full fiscal year after the pandemic drove a blistering expansion in the video-calling business.

from Earnings https://ift.tt/2TqcDK2
via IFTTT

Salesforce growth accelerates as company offers strong guidance for coming fiscal year

Salesforce's revenue growth accelerated as the enterprise software company lapped the quarter when the coronavirus began circulating in the U.S.

from Earnings https://ift.tt/3hZNeRU
via IFTTT

Gap sales top pre-pandemic levels, as turnaround efforts gain traction, retailer raises 2021 outlook

Gap Inc. raised its sales outlook for the full year, building on the momentum of its namesake banner in North America.

from Earnings https://ift.tt/3wCaj0N
via IFTTT

Best Buy sales jump 36% as consumers splurge on electronics, retailer raises forecast

Best Buy said stimulus checks and a hot housing market fueled strong demand for technology and appliances in the fiscal first quarter.

from Earnings https://ift.tt/3fo54vV
via IFTTT

American Eagle is the latest apparel retailer to crush estimates as teens head back to the mall

American Eagle's first-quarter earnings beat follows strong reports from both Urban Outfitters and Abercrombie & Fitch, as more teens head back to the mall.

from Earnings https://ift.tt/3yzygrs
via IFTTT

Nvidia revenue jumps 84% from last year as gamers demand graphics chips

Nvidia's earnings come during a period of sustained, massive growth in its business amid a shortage of semiconductors worldwide.

from Earnings https://ift.tt/3fqjoE8
via IFTTT

Snowflake reports widening losses but raises full-year guidance

Snowflake's product revenue guidance for the full year came in barely above analysts' estimates. The growth is coming as the cloud company's losses mount.

from Earnings https://ift.tt/3hXe3WK
via IFTTT

Dick's Sporting Goods earnings crush estimates as kids head back to team sports, retailer raises forecast

Dick's Sporting Goods cited a boost from more kids returning to team sports for its sales and earnings beat during the fiscal first quarter.

from Earnings https://ift.tt/2QTj7Ah
via IFTTT

Nordstrom shares fall as earnings and 2021 outlook disappoint

Nordstrom said its first-quarter net sales were down 13% relative to the same period in fiscal 2019.

from Earnings https://ift.tt/3yDuYUk
via IFTTT

Petco shares fall despite better-than-expected earnings and increased forecast

Petco reported first-quarter earnings that beat expectations for earnings and revenue, and the company raised its forecast for the rest of the year.

from Earnings https://ift.tt/3fDqggG
via IFTTT

Kohl's sales jump nearly 70%, soaring past estimates, retailer hikes full-year outlook

Kohl's on Thursday reported first-quarter earnings and sales that topped analysts' estimates, and raised its outlook for the full year.

from Earnings https://ift.tt/2S8wLQj
via IFTTT

Cisco returns to growth but disappoints on earnings guidance

An extra week in the quarter helped boost Cisco's results which showed a rise compared with the beginning of the pandemic in the U.S.

from Earnings https://ift.tt/2ST6VQD
via IFTTT

Victoria's Secret parent L Brands first-quarter earnings, sales top estimates

Victoria's Secret parent L Brands on Wednesday reported first-quarter earnings and sales that topped analysts' estimates.

from Earnings https://ift.tt/2S6Z3uH
via IFTTT

Lowe's earnings beat on robust home improvement spending, but shares fall

Lowe's said it saw strong demand for home improvement in the first quarter, buoyed by the growth of its business among contractors and other home professionals.

from Earnings https://ift.tt/3eZtKej
via IFTTT

Macy's CEO says its robust sales gains aren't a 'short-term pop'

Macy's sales grew to $4.7 billion in the latest quarter, helping it to turn a surprise profit and prompting it to raise its forecast for the year.

from Earnings https://ift.tt/3bApuPY
via IFTTT

Target reports first-quarter earnings before the bell. Here's what to expect

The big-box retailer will be compared against the first quarter of last year, when the lockdowns disrupted consumers' shopping patterns and squeezed profits.

from Earnings https://ift.tt/3f0mSx7
via IFTTT

Macy's shares rise after retailer reports surprise profit, hikes full-year outlook

Macy's on Tuesday reported a surprise profit for its fiscal first quarter and raised its outlook for the full year.

from Earnings https://ift.tt/3fkelUw
via IFTTT

Walmart is set to report earnings before the bell — here's what Wall Street expects

Walmart's first-quarter earnings report will show whether it has been able to sustain sales growth, particularly in its e-commerce business.

from Earnings https://ift.tt/33TF3OA
via IFTTT

Here's what to expect from Home Depot earnings

Shares of Home Depot have risen 20% so far this year, giving it a market value of $343 billion.

from Earnings https://ift.tt/3uZ8gn5
via IFTTT

Airbnb says first-quarter revenue rose 5% as vacationers return to travel

Airbnb's net loss tripled, but the company expects its adjusted margin to improve in the second half of the year as travel restrictions ease up.

from Earnings https://ift.tt/3oe6lsk
via IFTTT

DoorDash shares rise as delivery company boosts outlook, investors shrug off driver shortage

DoorDash on Thursday reported a wider-than-expected quarterly loss, blaming a shortage of delivery drivers as consumers ordered more than forecast.

from Earnings https://ift.tt/3w5Cq8A
via IFTTT

Coinbase revenue tripled from last quarter as crypto prices skyrocketed

Coinbase revenue tripled from last quarter, as the price cryptocurrencies took off in 2021.

from Earnings https://ift.tt/3ocrbIL
via IFTTT

Disney slated to report second-quarter earnings after the bell

Disney is set to report fiscal second quarter earnings after the bell on Thursday.

from Earnings https://ift.tt/3ffPPEe
via IFTTT

Poshmark shares fall as secondhand retailer posts wider loss, forecasts weaker sales

Poshmark shares tumbled after the secondhand retailer said its second-quarter sales will likely come in weaker than what it reported in the prior quarter.

from Earnings https://ift.tt/3tFqU1R
via IFTTT

Palantir reports 49% revenue growth for its first quarter

The company beefed up its commercial segment during the quarter, with strong growth in the U.S.

from Earnings https://ift.tt/3uHjIUy
via IFTTT

Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test

Virgin Galactic delivered first quarter results after the market closed on Monday.

from Earnings https://ift.tt/3uBc6Tf
via IFTTT

Roblox revenue grows 140 percent in first earnings report since going public

Roblox shares rose as much as 5 percent after hours on the report.

from Earnings https://ift.tt/3eysvCo
via IFTTT

Roku pops 16% after reporting highest revenue growth rate since IPO

Roku has been making a number of strategic moves in the advertising space, including the acquisition of Nielsen's advanced video advertising business.

from Earnings https://ift.tt/2SBa0EX
via IFTTT

DraftKings raises full-year guidance, expecting a return in sports

DraftKings said it has 1.5 million million monthly unique paying customers as of its first quarter, holding on to the gains in made in its fourth quarter.

from Earnings https://ift.tt/2RtE84y
via IFTTT

Peloton sales surge 141% as delivery pressures ease, recall to lower fourth-quarter sales by $165 million

Peloton said Thursday it expects its fiscal fourth-quarter sales to take a $165 million hit due to a treadmill recall.

from Earnings https://ift.tt/3h7UvP6
via IFTTT

Papa John's earnings smash expectations as pizza demand remains strong post-pandemic

Thanks in part to menu innovations like Epic Stuffed Crust pizza, Papa John's said its sales are still growing.

from Earnings https://ift.tt/3xRoOzl
via IFTTT

Coach owner Tapestry sales in North America return to pre-pandemic levels, retailer swings to profit

Coach owner Tapestry said Thursday that its fiscal third-quarter sales in North America returned to pre-pandemic levels, as demand for luxury goods rebounds.

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

Uber losses dramatically improve thanks to sale of self-driving unit

Uber's first-quarter net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020.

from Earnings https://ift.tt/3h0LZBn
via IFTTT

PayPal CEO touts 'next generation digital wallet' after earnings beat

On the company's earnings call, PayPal CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.

from Earnings https://ift.tt/3nXSJRV
via IFTTT

Etsy slides more than 9% after it warns of slowing growth

Etsy saw its business boom early on in the pandemic, as shoppers turned to it and other online retailers for goods.

from Earnings https://ift.tt/3ejUntZ
via IFTTT

General Motors earnings are out — here are the numbers

Aside from earnings, Wall Street is also looking for updates on the ongoing global shortage of semiconductor chips and its electric and autonomous vehicles.

from Earnings https://ift.tt/3vI4VsO
via IFTTT

Lyft shows more signs of pandemic recovery with revenue up 7% over last quarter

Lyft showed continued signs of pandemic recovery, beating on the top and bottom lines and exceeding Wall Street's rider expectations for its first quarter.

from Earnings https://ift.tt/3tm9tmS
via IFTTT

CVS Health earnings top estimates as Covid vaccinations, testing boost drugstore sales

CVS Health reported a strong first quarter and raised its forecast, as customers came to stores for Covid-19 vaccinations, tests and prescriptions.

from Earnings https://ift.tt/3ucL98l
via IFTTT

Pfizer plans to file for full FDA approval of Covid vaccine at the end of this month

from Earnings https://ift.tt/3h0LQOu
via IFTTT

Under Armour shares rise as retailer hikes full-year outlook, sees demand returning

Under Armour reported first-quarter earnings and sales that topped estimates, and the sports apparel maker hiked its sales outlook for the full year.

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

Berkshire Hathaway's operating earnings jump, Buffett continues to buy back stock

Chairman Warren Buffett kept buying back Berkshire shares aggressively in the first quarter, but at a slightly slower pace.

from Earnings https://ift.tt/337eeX0
via IFTTT

Tech giants' earnings showed their absolute dominance

The nature of technology platforms turns the law of large numbers on its head.

from Earnings https://ift.tt/3eKpIoy
via IFTTT

Berkshire's annual meeting is Saturday with Buffett and Munger together again, shares at a record

The 90-year-old Buffett is taking the "Woodstock for Capitalists" to Los Angeles, marking the first time the annual meeting will take place outside of Omaha.

from Earnings https://ift.tt/3xC2V7e
via IFTTT

Exxon posts a profit, snapping four-quarter loss streak

Exxon posted a profit during the first quarter as oil prices recover.

from Earnings https://ift.tt/3u8Hlor
via IFTTT

Chevron posts a profit, raises dividend as oil price recovery lifts quarterly results

Chevron posted a profit for the first quarter amid a rise in oil prices, although results were below pre-pandemic levels.

from Earnings https://ift.tt/3aPXY0P
via IFTTT

Burger King parent's earnings beat estimates as systemwide sales top 2019 levels

Restaurant Brands International reported quarterly earnings that topped Wall Street's expectations as its systemwide sales surpassed 2019 levels.

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

Amazon's ads business is generating nearly $7 billion a quarter, and growth is accelerating

Amazon's 'Other' business generated more than $6.9 billion in Q1 and is growing at a rate of 77%.

from Earnings https://ift.tt/330eS8z
via IFTTT

Twitter stock plunges on user miss and low guidance

Earnings and revenue came in slightly ahead of expectations, but users and Q2 guidance were low.

from Earnings https://ift.tt/3316iXa
via IFTTT

Amazon sales surge 44% as it smashes earnings expectations

Amazon released on Thursday its first-quarter results.

from Earnings https://ift.tt/3eCbaHA
via IFTTT

Ford’s 'confusing' 2021 guidance is hurting its stock despite blowout first-quarter earnings

The negative reaction by investors following Ford's first-quarter results is a mix of things related to the chip problem, including its 2021 guidance.

from Earnings https://ift.tt/3eIzyaE
via IFTTT

EBay drops more than 11% after giving light earnings guidance

Shares of eBay slumped more than 11% on Thursday morning after the company reported an earnings outlook that fell short of Wall Street's estimates.

from Earnings https://ift.tt/3e50Skm
via IFTTT

Marlboro parent Altria revenue falls short as cigarette shipments decline, buys rest of On nicotine pouch

Altria first-quarter earnings declined as revenue fell short of estimates as cigarette shipments continue to decline.

from Earnings https://ift.tt/2Rd6qjt
via IFTTT

Here's what to expect from McDonald's earnings

McDonald's stock has risen 8% so far in 2021, giving the company a market value of $179 billion.

from Earnings https://ift.tt/3nyh7cH
via IFTTT

Comcast set to report first-quarter earnings before the bell

Comcast reports first quarter earnings before-the-bell on Thursday.

from Earnings https://ift.tt/3vu4bHo
via IFTTT

Qualcomm revenue pops 52% on strong smartphone demand

Qualcomm raised its forecast for handset shipments in 2021 as the economy reopens.

from Earnings https://ift.tt/2R5jM1t
via IFTTT

Apple reports fiscal second-quarter earnings after the bell

Apple's business is cyclical and its second quarter, which ends in March, is typically much smaller sequentially than the holiday quarter.

from Earnings https://ift.tt/3voPUMc
via IFTTT

Ford is set to report results after the bell. Here's what Wall Street expects

Shares of Ford are up by about 130% during the past 12 months. They’ve risen more than 40% in 2021.

from Earnings https://ift.tt/3voZ8Io
via IFTTT

Enphase Energy posts record quarter, but stock slides as management warns of chip shortage pains

Shares of Enphase were under pressure after the company beat estimates, but warned that supply constraints will affect the remainder of the year.

from Earnings https://ift.tt/3xvaJY5
via IFTTT

Taco Bell parent Yum Brands tops earnings estimates fueled by U.S. sales growth

Yum Brands reported quarterly earnings that crushed analysts' expectations as U.S. consumers returned to its restaurants.

from Earnings https://ift.tt/3xxZ0Z5
via IFTTT

Boeing posts sixth consecutive quarterly loss, expects turning point in 2021

Boeing has reported an improvement in orders this year as travel demand bounces back.

from Earnings https://ift.tt/32W53sg
via IFTTT

Alphabet reports big earnings beat as revenue grows 34%

Alphabet reported beats on its top and bottom lines.

from Earnings https://ift.tt/3npnv5O
via IFTTT

Microsoft books biggest revenue growth since 2018

Microsoft delivered better-than-expected revenue growth thanks in part to strong PC sales in the quarter. Azure revenue growth was flat from the prior quarter.

from Earnings https://ift.tt/3gMJen0
via IFTTT

Starbucks raises 2021 forecast as U.S. same-store sales growth returns to pre-pandemic levels

Starbucks on Tuesday reported mixed quarterly results and raised its full-year forecast for earnings and revenue.

from Earnings https://ift.tt/3gFn3PH
via IFTTT

Crocs shares soar as shoe maker raises 2021 sales outlook, sees growth of 40% to 50%

Crocs shares shot up more than 8% Tuesday after the shoe maker upped its revenue outlook for the full year and reported record first-quarter sales.

from Earnings https://ift.tt/3eyOUym
via IFTTT

Tesla posts record net income of $438 million, revenue surges by 74%

Tesla beat expectations on revenue and earnings in Q1, but the stock dropped slightly after hours.

from Earnings https://ift.tt/3noy6Ot
via IFTTT

True - Official Trailer

True - Official Trailer

from Trailers - Videos - The Times of India https://ift.tt/3vpoCW9
via IFTTT

Mattel sales soared 47% as parents bought toys with stimulus checks, toymaker raises outlook

Mattel's sales jumped 47% in the latest quarter as families spent more on toys for their children.

from Earnings https://ift.tt/3dFKPJh
via IFTTT

Intel revenue and profit drop slightly from last year, beating expectations

Intel CEO Pat Gelsinger announced earlier this month that the company plans to invest $20 billion in new microchip manufacturing plants.

from Earnings https://ift.tt/32GwW7m
via IFTTT

Snap reports accelerating revenue growth, strong user numbers for first quarter

Snap's stock rose in after-hours trading after it reported its first-quarter results despite beating expectations on earnings, revenue and user growth.

from Earnings https://ift.tt/3dK3qUR
via IFTTT

Southwest Airlines says leisure bookings improving, expects to break even in June

Southwest says leisure bookings are on the rise and that it will increase its flying schedule later this spring.

from Earnings https://ift.tt/32C6tYD
via IFTTT

Chipotle earnings smash estimates as online sales overtake in-person orders

Shares of Chipotle Mexican Grill have nearly doubled in value over the last year, giving it a market value of $42.8 billion.

from Earnings https://ift.tt/32x4q8m
via IFTTT

Netflix set to report earnings after the bell

Netflix reports earnings for the first quarter of 2021 after the bell on Tuesday.

from Earnings https://ift.tt/32uGrqr
via IFTTT

Johnson & Johnson reports $100 million in quarterly sales from Covid vaccine

J&J's financial results come as the company's Covid-19 vaccine has been put on pause in the United States.

from Earnings https://ift.tt/3dvNjdc
via IFTTT

Procter & Gamble earnings beat as consumers hang on to pandemic cleaning habits; price hikes ahead

Procter & Gamble topped Wall Street's estimates for its fiscal third-quarter earnings and revenue.

from Earnings https://ift.tt/3sAnkWv
via IFTTT

IBM beats across the board, posts revenue growth after four quarters of declines

IBM swung to revenue growth after four quarters of declines.

from Earnings https://ift.tt/3tsFfzz
via IFTTT

United reports fifth consecutive quarterly loss

from Earnings https://ift.tt/3gpuBG6
via IFTTT

Here's what to expect from Coca-Cola earnings

Coca-Cola's stock has risen 14% over the last 12 months, giving the company a valuation of $231 billion.

from Earnings https://ift.tt/3twc8ex
via IFTTT

Delta posts nearly $1.2 billion quarterly loss, expects to break even in June as bookings improve

Delta says bookings have improved over the past several months and expects to break even by June.

from Earnings https://ift.tt/3af1LnT
via IFTTT

Citigroup is set to report first-quarter earnings — here’s what the Street expects

Citigroup CEO Jane Fraser is ready for the spotlight.  

from Earnings https://ift.tt/3tpiKLK
via IFTTT

Bank of America earnings top estimates on strong investment banking, release of loan-loss reserves

Bank of America joined rivals in posting a quarterly boost from an improving credit outlook.

from Earnings https://ift.tt/2Qv4rqn
via IFTTT

PepsiCo tops estimates as pandemic snacking helps fuel 6.8% revenue gain

PepsiCo on Thursday reported quarterly earnings that topped analyst estimates as consumers maintained their pandemic snacking habits.

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

American Eagle says first-quarter sales on pace to top $1 billion as shoppers stock up on jeans and shirts

American Eagle Outfitters said its fiscal first-quarter revenue is on track to top $1 billion, thanks to strength at its namesake banner as well as Aerie.

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

Wells Fargo earnings top estimates on $1.05 billion release of loan loss reserves

Wells Fargo beat expectations for earnings and revenue in the first quarter.

from Earnings https://ift.tt/3aciyrJ
via IFTTT

Bed Bath & Beyond quarterly sales tumble 16%, as store closures and divestitures hurt results

Bed Bath & Beyond reported a double-digit decline in fourth-quarter sales, as ongoing store closures and divestments weigh on results.

from Earnings https://ift.tt/3dZMOal
via IFTTT

Goldman Sachs reports record results that top the Street amid booming investment banking

Expectations for Goldman Sachs are running high amid favorable conditions for many of the Wall Street businesses that the firm operates.

from Earnings https://ift.tt/3tj33pA
via IFTTT

JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects

One key question is whether banks will continue to release loan loss reserves that are no longer needed as the U.S. economic recovery gains pace.

from Earnings https://ift.tt/3uSyeIr
via IFTTT

Nvidia stock rises as it sees better-than-expected first quarter

Nvidia said that its chips could to be hard to find through the end of the year.

from Earnings https://ift.tt/3a5aFo4
via IFTTT

Levi's shares rise as denim retailer boosts outlook for first half of 2021

Levi Strauss & Co. reported a double-digit sales decline for its fiscal first quarter, as ongoing store closures in Europe weighed on results.

from Earnings https://ift.tt/3fSvw1B
via IFTTT

Lululemon's sales, earnings beat as digital business accelerates

Lululemon on Tuesday reported revenue and profit for the holiday quarter that topped analysts' estimates.

from Earnings https://ift.tt/3u7ECeB
via IFTTT

Victoria's Secret-owner L Brands shares jump on raised profit outlook, thanks to stimulus boost

Victoria's Secret-owner L Brands has raised its profit outlook for the first quarter, citing a boost from government stimulus.

from Earnings https://ift.tt/3lSZS4U
via IFTTT

Olive Garden parent's earnings beat, forecasts stronger sales next quarter

Darden Restaurants on Thursday reported quarterly earnings that topped analysts' expectations as more customers visited its chains than expected.

from Earnings https://ift.tt/3rgKoZL
via IFTTT

RH shares jump after furniture retailer reports earnings, sales beat

The furniture retailer RH reported earnings and sales that topped Street estimates, as it continued to see robust demand for its high-end furniture.

from Earnings https://ift.tt/3ciVKrZ
via IFTTT

GameStop shares fall 12% as company says it may sell stock to fund transformation

Tuesday's earnings mark the brick-and-mortar video game retailer's first quarterly report since the GameStop trading mania in January.

from Earnings https://ift.tt/3vNA3rH
via IFTTT

FedEx earnings beat estimates on 'unprecedented' holiday shipping season

CEO Fred Smith said the logistics giant expects demand for its "e-commerce and international express solutions to remain very high for the foreseeable future."

from Earnings https://ift.tt/38SzWRy
via IFTTT

Nike posts mixed results as sales fall short of estimates, hurt by U.S. port congestion

Nike reported quarterly sales that missed analysts' estimates, as its North American business was hurt by congested ports and container shortages.

from Earnings https://ift.tt/3qTSlnq
via IFTTT

Williams-Sonoma shares rise as stay-at-home trends fuel better-than-expected sales

Williams-Sonoma posted fourth-quarter earnings that beat analysts' expectations as consumers shop for home products during the coronavirus pandemic.

from Earnings https://ift.tt/3bWexsH
via IFTTT

Lands' End shares jump on earnings beat, retailer's better-than-expected outlook

Lands' End shares jumped after the apparel and home-goods retailer reported fourth-quarter earnings and sales that topped analysts' estimates.

from Earnings https://ift.tt/3eNW43j
via IFTTT

Ulta shares tumble on weaker-than-expected outlook, retailer taps Dave Kimbell as CEO

The company also announced that its CEO Mary Dillon will step down in June, and be replaced by its president, Dave Kimbell.

from Earnings https://ift.tt/3cs9H5L
via IFTTT

Funko shares spike on strong quarterly results boosted by 'The Mandalorian' and handbag sales

A global pandemic didn't stop ardent Funko collectors from stocking up on miniature models of their favorite characters from pop culture.

from Earnings https://ift.tt/3rAIa8m
via IFTTT

Poshmark sales top estimates in its first quarterly report as a public company, but outlook disappoints; shares fall

The online seller of secondhand clothing issued a weaker-than-expected sales outlook for the current quarter.

from Earnings https://ift.tt/30zaDiX
via IFTTT

Dick's Sporting Goods shares fall as retailer predicts slowing sales in year ahead

Dick's Sporting Goods topped Wall Street's estimates, as shoppers continued to buy equipment and apparel for working out during the pandemic.

from Earnings https://ift.tt/2MYquV4
via IFTTT

Stitch Fix swings to a quarterly loss and softens outlook on shipping delays; shares plunge

The subscription styling service lowered its revenue forecast for the current quarter and fiscal year.

from Earnings https://ift.tt/3t0oVoX
via IFTTT

Gap forecasts return to sales growth in 2021, sending shares higher despite sales miss

Gap Inc. is calling for a bounce back to sales growth in 2021, hopeful that customers will soon return to its stores and spend more money on apparel.

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

Snowflake falls after product revenue growth forecast fails to impress

Snowflake's product revenue guidance for the full fiscal year came in right in line with analysts' estimates, forecasting a slowdown ahead.

from Earnings https://ift.tt/3kP0qIz
via IFTTT

Kohl's shares rise after retailer posts better-than-expected earnings, sees sales growth in 2021

Kohl's on Tuesday reported fourth-quarter earnings and sales that topped analysts' estimates.

from Earnings https://ift.tt/383JBEB
via IFTTT

Target earnings top estimates as sales jump 21%, boosted by strong holiday season, stimulus checks

The big-box retailer already reported holiday sales, but its online sales gained momentum into January as Americans received $600 stimulus checks.

from Earnings https://ift.tt/3dXXAiX
via IFTTT

Zoom pops as company beats expectations and issues strong guidance

Zoom expects to keep the revenue growth coming in the quarters ahead, although it won't be at pandemic levels.

from Earnings https://ift.tt/300LQ7p
via IFTTT

DraftKings shares rise after reporting a beat on revenue, more growth in paying customers

DraftKings said it has 1.5 million monthly unique payers as of its fourth quarter.

from Earnings https://ift.tt/3koZsTf
via IFTTT

Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations

Airbnb attributed much of the loss to charges related to the company's initial public offering in December.

from Earnings https://ift.tt/37PKJLV
via IFTTT

Etsy stock surges on earnings beat and strong guidance

The e-commerce company crushed Wall Street's estimates for the fourth quarter and provided upbeat guidance for the current quarter.

from Earnings https://ift.tt/3kpVCcp
via IFTTT

Beyond Meat posts wider loss, but shares rise after company strikes deal with McDonald's, Yum

Beyond Meat has struck deals with fast-food giants McDonald's and Yum Brands.

from Earnings https://ift.tt/37NSMZI
via IFTTT

Doordash stock falls after company drops first earnings report since going public

DoorDash started trading on the New York Stock Exchange in December.

from Earnings https://ift.tt/3aVrwKY
via IFTTT

Virgin Galactic shares fall as quarterly results reveal next spaceflight test delayed to May

Virgin Galactic delivered fourth quarter results after the market closed on Thursday, with the company disclosing its next spaceflight test is delayed to May.

from Earnings https://ift.tt/3kpU8Ps
via IFTTT

Salesforce revenue up 20% from last year, forecast calls for similar growth rate

The impact of Slack could be cutting in to Salesforce's earnings for the full fiscal year.

from Earnings https://ift.tt/3qUpLTO
via IFTTT

HP shares close up almost 1%, after early earnings release

HP company beat estimates on the top and bottom lines, and on its fiscal-year guidance.

from Earnings https://ift.tt/37Oas7A
via IFTTT

Domino's Pizza earnings miss as U.S. same-store sales growth slows, pizza chain's shares fall

Domino's Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on earnings and U.S. same-store sales growth slowed.

from Earnings https://ift.tt/3uyIVAT
via IFTTT

Moderna expects $18.4 billion in 2021 sales from Covid vaccine, chief medical officer to depart

Moderna also said its chief medical officer, Tal Zaks, will leave the company in late September.

from Earnings https://ift.tt/37JVXBu
via IFTTT

Best Buy earnings beat expectations, but shares fall as sales growth slows

Best Buy is among the retailers that saw sales rise rather than fall as consumers spent more time at home.

from Earnings https://ift.tt/3dT4Zjs
via IFTTT

Papa John's earnings miss, weighed down by higher costs, but chain sees strong pizza demand

Papa John's earnings missed estimates as higher food costs and employee bonuses weighed on profits, even as demand for its pizza remains high.

from Earnings https://ift.tt/3pU2uA7
via IFTTT

Nvidia beats as revenue grows 61% from a year ago

Nvidia stock has had a lot of momentum in recent months, with the stock rising over 106% in the past year.

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

Lowe's earnings top estimates as same-store sales jump 28%, warns some DIY trends could fade

Lowe's said Wednesday that its fourth-quarter same-store sales climbed 28.1%, as consumers continued to spend money on home projects during the pandemic.

from Earnings https://ift.tt/37Imn6Q
via IFTTT

Walmart is set to report its earnings before the bell. Here's what to expect

The big-box retailer has benefitted from pandemic trends, such as home cooking, and likely got a boost from stimulus checks.

from Earnings https://ift.tt/3ub9hbF
via IFTTT

Twilio delivers surprise adjusted profit as revenue growth accelerates, stock up 12%

The company's revenue growth accelerated as it increased the number of active customer accounts.

from Earnings https://ift.tt/3jYbrGW
via IFTTT

Palantir shares fall after fourth-quarter loss, but revenue beat expectations

The tight-lipped data analytics company debuted through a direct listing on the New York Stock Exchange in September.

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

CVS Health earnings top estimates as pharmacy sales get a lift from Covid testing, vaccines

CVS Health's fourth-quarter earnings beat Wall Street's expectations as its pharmacy sales got a lift from providing Covid-19 testing and vaccines.

from Earnings https://ift.tt/3pj852w
via IFTTT

Disney said Covid-related costs shaved $2.6 billion from parks’ operating income in latest quarter

Disney said the coronavirus outbreak cost this division around $2.6 billion in lost operating income during the fiscal first-quarter.

from Earnings https://ift.tt/3pd0Jxs
via IFTTT

Disney smashes streaming subscriber expectations, boosting segments hurt by Covid

Disney said it now has almost 95 million paid subscribers to its Disney+ streaming service, helping to offset losses in other segments affected by the pandemic.

from Earnings https://ift.tt/3a98gJp
via IFTTT

Pepsi revenue up 8.8% fueling earnings beat, sees 2021 results meeting long-term targets

PepsiCo said that it expects its 2021 results to meet long-term financial targets.

from Earnings https://ift.tt/3a9vgrw
via IFTTT

Under Armour shares rise as retailer reports surprise profit for holiday quarter

Under Armour on Wednesday reported a surprise profit for the holiday quarter as sales were boosted by strong digital growth.

from Earnings https://ift.tt/2LBMc0u
via IFTTT

General Motors is set to report earnings before the bell. Here's what Wall Street expects

The automaker reported pretax adjusted earnings of $5.3 billion for the third quarter, while advising the fourth quarter would be weaker due to seasonality.

from Earnings https://ift.tt/3aQ5YxT
via IFTTT

Here's what to expect from Coca-Cola earnings

Shares of Coke have fallen 16% over the last year, dragging its market value down to $213.58 billion.

from Earnings https://ift.tt/2LAuJp8
via IFTTT

Twitter beats on earnings and revenue, but warns expenses will grow more than 25% this year

Twitter's stock fell in after-hours trading on Tuesday after the company reported its fourth-quarter earnings, as it failed to meet user growth expectations.

from Earnings https://ift.tt/2OeL43O
via IFTTT

Lyft reports signs of pandemic recovery, but losses still mount

Lyft reported fourth-quarter losses of $458.2 million for the fourth quarter of 2020.

from Earnings https://ift.tt/3qiSUYB
via IFTTT

Cisco earnings show Infrastructure Platforms, its biggest business, is still struggling

Cisco sees revenue growth returning in the next quarter.

from Earnings https://ift.tt/3jAivtk
via IFTTT

Ford ups investment in electric and autonomous vehicles to $29 billion through 2025

Ford CFO John Lawler said the company is forecasting it will earn between $8 billion and $9 billion in adjusted pre-tax profits this year.

from Earnings https://ift.tt/3jlVOcm
via IFTTT

Peloton quarterly sales top $1 billion, but shares fall as cycle maker makes further supply chain investments

Peloton reported quarterly sales growth of 128%, marking its first billion-dollar quarter, as the momentum keeps climbing for the fitness equipment maker.

from Earnings https://ift.tt/3oPQ8Io
via IFTTT

Snap beats expectations but stock falls on light Q1 forecast

Snap's stock fell in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street's expectations.

from Earnings https://ift.tt/3ttMvf2
via IFTTT

Pinterest reports strong revenue growth thanks to holidays, pandemic lockdowns

Pinterest reported fourth quarter 2020 results on Thursday.

from Earnings https://ift.tt/3cG5Rre
via IFTTT

Unity stock falls after gaming software company forecasts slowing revenue growth

Unity shares have almost tripled since the company went public in September, but investors were disappointed about the revenue forecast.

from Earnings https://ift.tt/2MrJsn3
via IFTTT

Kohl's sees holiday-quarter revenue down 10%, but says sales strengthened toward end of quarter

Chief Executive Michelle Gass said digital sales represented more than 40% of net sales during the period, growing more than 20% year over year.

from Earnings https://ift.tt/36GSnYl
via IFTTT

Taco Bell owner Yum Brands earnings top estimates, despite blow of international Covid restrictions

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

Quest says high demand for Covid testing drove record revenues, increases dividend

"Continued high demand for COVID-19 testing drove our performance through the second half of the year," CEO Steve Rusckowski said.

from Earnings https://ift.tt/3tqSSjb
via IFTTT

Coach owner Tapestry shares rise on holiday-quarter earnings, sales beat

Coach owner Tapestry holiday-quarter earnings and sales that topped analysts' estimates, helped by a surge in demand for its handbags in China and online.

from Earnings https://ift.tt/3rmWEZ6
via IFTTT

Qualcomm falls short on revenue in first earnings report since CEO change announced

Wednesday's report is the first from the chipmaker since it announced last month that CEO Steve Mollenkopf will retire later this year.

from Earnings https://ift.tt/3treAUj
via IFTTT

Amazon is on deck to report Q4 earnings

Amazon continues to benefit from robust e-commerce activity, driven by stuck-at-home consumers who've turned to online retailers amid the pandemic.

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

Alphabet set to release Q4 2020 earnings after the bell

Wall Street expects strong growth in advertising, first-time public details on Cloud segment.

from Earnings https://ift.tt/36BCIJZ
via IFTTT

Here's what to expect from Chipotle earnings

Shares of Chipotle have risen 77% over the last year, giving the company a market value of $43 billion.

from Earnings https://ift.tt/39I7H9b
via IFTTT

Exxon Mobil reports a $20 billion loss, fourth-straight quarter in the red

Exxon chief Darren Woods said it's the "most challenging market conditions" the company has ever faced.

from Earnings https://ift.tt/3aqPRqn
via IFTTT

Pfizer expects about $15 billion in 2021 sales from Covid vaccine

from Earnings https://ift.tt/39Fz4AQ
via IFTTT

UPS shares jump on strong fourth quarter earnings as Covid continues to drive online shopping

from Earnings https://ift.tt/3czMwYS
via IFTTT

American, Southwest post record annual losses as recovery remains elusive

Airlines cap a brutal 2020 and expect a difficult start to 2021.

from Earnings https://ift.tt/3cfiyZX
via IFTTT

Comcast is set to report earnings before the opening bell — here's what the Street expects

Comcast reports fiscal fourth quarter 2020 earnings on Thursday.

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

Here's what to expect from McDonald's earnings

Shares of McDonald's are about flat over the last year, giving it a market value of $161 billion.

from Earnings https://ift.tt/3iR8is8
via IFTTT

Facebook earnings beat but the company warns of impact from Apple privacy changes

Facebook warned that the looming changes in Apple's iOS 14 and a reversal in pandemic trends could hurt its advertising business.

from Earnings https://ift.tt/3cg7R9q
via IFTTT

Levi's holiday-quarter sales fall 12%, despite online gains

Levi Strauss & Co. reported holiday-quarter earnings and sales that topped analysts' expectations.

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

Tesla set to report Q4 earnings after the bell

Tesla previously said it had delivered 499,550 vehicles in 2020, falling barely shy of its guidance for half a million vehicle deliveries in 2020.

from Earnings https://ift.tt/3iPLPvA
via IFTTT

Apple will report earnings for the critical holiday quarter after market close

Analysts are expecting a blow-out quarter driven not just by the first full quarter of 5G iPhone sales, but also strong performance in online services as well.

from Earnings https://ift.tt/3oot5V5
via IFTTT

Boeing's 2020 net loss hits record $11.9 billion, pushes out 777x debut to late 2023

Boeing is scheduled to detail its losses during a brutal 2020 and provide guidance on its recovery prospects as the pandemic continues to hurt travel demand.

from Earnings https://ift.tt/2M7rbuV
via IFTTT

Starbucks tops earnings estimates even as U.S. recovery hurt by Covid resurgence

Shares of Starbucks have risen 13% over the last year, giving the company a market value of $123 billion.

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

AMD beats, driven by game console chip sales

Shares of AMD are up 85% over the past year.

from Earnings https://ift.tt/36eFQve
via IFTTT

Microsoft set to report earnings after the bell

Sales of new Xbox consoles could pressure Microsoft's margins.

from Earnings https://ift.tt/36eyF6g
via IFTTT

General Electric shares pop on better-than-expected industrial cash flow, rosy outlook

The conglomerate has continued to pay down its debt during the pandemic and cut costs through, for example, layoffs in its aviation business.

from Earnings https://ift.tt/3iPaikD
via IFTTT

J&J beats fourth-quarter earnings expectations, will release Covid vaccine data 'soon'

from Earnings https://ift.tt/3piJNX6
via IFTTT

Intel says an earnings slide may have leaked early, which is why it released results before close

Intel's earnings beat its own projections, which the company attributed to strong PC sales, especially in the low-end.

from Earnings https://ift.tt/3c2uNJc
via IFTTT

IBM revenue slide continues in Q4 2020

IBM's revenue has fallen for four consecutive quarters, a familiar theme for the company.

from Earnings https://ift.tt/3p53DVG
via IFTTT

Intel says PC sales during holiday quarter were unusually strong, up 33%

Intel faces a critical moment as new CEO Pat Gelsinger takes over next month for Bob Swan and activist hedge fund Third Point calls for major changes.

from Earnings https://ift.tt/3c1x8E3
via IFTTT

American Eagle sees holiday-quarter sales dropping low-single digits amid weak mall traffic

American Eagle expects fourth-quarter sales to decrease in the low-single digits, driven by a drop in store sales due to weak mall traffic during the pandemic.

from Earnings https://ift.tt/39OjLVm
via IFTTT

United Airlines posts another loss, warns difficult months ahead as pandemic drags on

United Airlines posted another quarterly loss and said it expects sales to continue to struggle in the first quarter

from Earnings https://ift.tt/2M4wiM2
via IFTTT

Morgan Stanley is set to report fourth-quarter earnings – here’s what the Street expects

Morgan Stanley has the biggest wealth management business among the six largest U.S. banks, operations that typically benefit from rising markets.

from Earnings https://ift.tt/3ireHKo
via IFTTT

Here's what to expect from Procter & Gamble earnings

Shares of Procter & Gamble have risen 6% over the last year, giving the company a market value of $332 billion.

from Earnings https://ift.tt/2M7XWYE
via IFTTT

Netflix shares rise on strong subscriber growth, considers share buybacks

The company said it is close to being free cash flow positive and will consider returning cash to shareholders through buybacks. 

from Earnings https://ift.tt/3p1hr3t
via IFTTT

Schwab earnings top estimates in first report since TD Ameritrade merger, accounts near 30 million

Schwab now operates nearly 29.6 million brokerage accounts. Assets grew to a record $6.69 trillion at the end of 2020.

from Earnings https://ift.tt/3sDJEzv
via IFTTT

Goldman Sachs beats analysts' estimates on stronger-than-expected stock trading, investment banking

Expectations are running high for Goldman Sachs CEO David Solomon.

from Earnings https://ift.tt/2N85lHJ
via IFTTT

Bank of America is set to report fourth-quarter earnings — here’s what the Street expects

Will Bank of America join rivals by posting results that benefit from an improving credit picture?

from Earnings https://ift.tt/35UfNt1
via IFTTT

Wells Fargo shares decline 3% after fourth-quarter revenue falls short of expectations

Wells Fargo released on Friday mixed results for the fourth quarter of 2020, sending the bank's stock lower by more than 2% in the premarket.

from Earnings https://ift.tt/3qm5jKL
via IFTTT

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

JPMorgan Chase is the first major lender to report fourth quarter earnings.

from Earnings https://ift.tt/3nKq80H
via IFTTT

Citigroup is set to report fourth-quarter earnings – here's what the Street expects

Weeks before she's set to take over for Mike Corbat, Jane Fraser is expected to address investors and analysts for the first time on Friday.

from Earnings https://ift.tt/39z1taq
via IFTTT

Delta halves cash burn in the fourth quarter, narrows losses to cap worst year ever

Delta sets its sights on a recovery in 2021 but expects more difficult months ahead.

from Earnings https://ift.tt/35HEIQx
via IFTTT

Target's sales up 17% over the holidays as it holds on to some of its pandemic gains

Target must prove it can hold on to market share gains as Americans get vaccinated and feel more comfortable returning to malls.

from Earnings https://ift.tt/3nECFCV
via IFTTT

Crocs shares soar on raised sales outlook through 2021

Crocs said it expects 2020 sales to grow more than 12% to a record of roughly $1.38 billion, up from a previous range calling for 5% to 7% growth.

from Earnings https://ift.tt/3bpDYmN
via IFTTT

Lululemon forecasts fourth-quarter earnings and sales at the top end of outlook thanks to strong holidays

Lululemon has not offered an outlook for the full year due to the ongoing effects of the Covid pandemic.

from Earnings https://ift.tt/3oxYCow
via IFTTT