Walgreens beats sales expectations as retail growth helps offset steep drop in Covid vaccines

The drugstore reiterated its forecast for the year, after seeing online purchases jump and retail sales bounce back in the quarter.

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RH shares slide after company lowers its outlook for the year

High-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue.

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Bed Bath & Beyond replaces CEO as retailer's sales plummet

The home goods retailer has faced months of challenges, with supply chain woes and pressure from activist investor Ryan Cohen.

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Nike earnings top Wall Street's expectations, despite inflation in the U.S. and Covid lockdowns in China

Nike posted better-than-expected sales and profit for its fiscal fourth quarter.

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Olive Garden's parent company Darden beats earnings estimates as sales jump

Olive Garden's parent company issued a mixed forecast for fiscal 2023 as it prepares to face inflation and other economic uncertainty.

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Adobe shares move lower after full-year projections fall short

Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.

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Oracle shares rise on better-than-expected earnings report

Oracle exceeded estimates on the top and bottom lines for its fiscal fourth quarter.

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DocuSign shares crater after first-quarter earnings miss

DocuSign has struggled this year alongside the rest of the cloud software sector.

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Credit Suisse issues profit warning for second quarter, citing Ukraine war and rate hikes

Credit Suisse said on Wednesday that it is likely to post a loss for the second quarter as the war in Ukraine and monetary policy tightening squeeze its investment bank.

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Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target said it will take a short-term hit from markdowns, but wants to clear room for groceries, back-to-school supplies and other items consumers want.

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Lululemon raises guidance for the year as earnings and sales beat expectations

Lululemon expects the momentum in its business to continue in spite of broader economic headwinds.

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Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates

In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.

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GameStop reports $158 million loss and decline in hardware sales

GameStop reported its first-quarter 2022 earnings after the bell on Wednesday.

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