Tag: Breaking News: Earnings

Home Depot misses on revenue, as high interest rates hurt sales

Home Depot on Tuesday posted quarterly revenue below Wall Street's expectations, as shoppers postponed bigger discretionary projects like bath and kitchen remodels because of...

Disney quarterly results are on deck. Here’s what to expect

The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista,...

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

McDonald's french friesPicture Alliance | Picture Alliance | Getty ImagesMcDonald's is expected to report its first-quarter earnings before the bell on Tuesday.Here's what Wall...

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment banking and trading operations.Here's how the...

Lululemon shares plunge 16% on weak guidance, slowing North America growth

Shares of Lululemon plunged on Friday after the athletic apparel retailer issued disappointing guidance and said it's seeing soft sales in the U.S., its...

Adobe shares slip 10% on soft sales forecast

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024.Brendan Mcdermid...

Nordstrom shares fall 10% as retailer warns of potential sales declines in 2024

Shoppers exit the Nordstrom at the Westfield Topanga mall in Los Angeles on Aug. 14, 2023.Christina House | Los Angeles Times | Getty ImagesNordstrom's...

TJX tops earnings estimates but issues light guidance ahead of uncertain growth path

TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer.Despite the strong quarter and end...

Starbucks earnings disappoint as U.S. boycott, ‘cautious’ China weaken sales

A Starbucks coffee cup sits on a table at one of the coffee chain's locations in Miami, Florida, on June 11, 2021.Joe Raedle |...

United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019.Justin Sullivan | Getty ImagesUnited Airlines on...

Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts

A customer enters a Nike store along the Magnificent Mile shopping district in Chicago on Dec. 21, 2022.Scott Olson | Getty ImagesNike on Thursday...

Oracle shares slide as revenue misses estimates

Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018.David Paul Morris...

Ulta Beauty shares pop as sales climb 6%

Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed once again they're willing...

Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine write-offs

Pfizer on Tuesday reported a narrower-than-expected adjusted loss for the third quarter as the drugmaker recorded charges largely related to struggles for its Covid...

Lucid posts a wider loss as demand concerns linger, says it has enough cash to last into 2024

In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker...

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