Wednesday, 30 June 2021

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.

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Thursday, 24 June 2021

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.

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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.

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Thursday, 17 June 2021

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."

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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.

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Tuesday, 15 June 2021

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.

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Wednesday, 9 June 2021

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.

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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.

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Monday, 7 June 2021

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.

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Thursday, 3 June 2021

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.

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Wednesday, 2 June 2021

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.

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