Breaking News: Earnings
Bed Bath & Beyond reports wider-than-expected loss as possible bankruptcy looms
A man is seen at a Bed Bath & Beyond store in New York, on Jan. 5, 2023. Ziyu Julian Zhu | Xinhua News Agency | Getty Images Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged that the struggling retailer’s turnaround plan had not achieved its […]
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Walgreens Boots Alliance (WBA) Q1 earnings 2023
Walgreens Boots Alliance on Thursday reported fiscal first-quarter earnings that beat Wall Street’s estimates after an early flu season boosted demand for cough and cold medicine. The company said it also raised its full-year revenue outlook due in part to its U.S. health-care segment’s just-sealed acquisition of Summit Health. For the most recent quarter, however, […]
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Nike stock jumps 10% following earnings and profits top rated anticipations
Persons wander earlier a keep of the sporting products retailer Nike Inc. at a browsing intricate in Beijing, China March 25, 2021. Florence Lo | Reuters Nike on Tuesday described quarterly success that conveniently topped Wall Street’s expectations, even as higher fees squeezed the company’s margins. Shares of Nike rose a lot more than 10% just […]
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Olive Garden parent company Darden beats estimates, raises outlook
An Olive Garden restaurant in Times Square in New York Richard Levine | Corbis | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that beat Wall Street’s expectations, as consumers continued to eat out despite pressure from inflation. The company also raised its earnings outlook for fiscal 2023 to a range of $10.3 billion […]
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Adobe inventory climbs on a much more worthwhile quarter than predicted
Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in prolonged buying and selling on Thursday immediately after the design software package maker declared fiscal fourth-quarter earnings and advice that exceeded analysts’ expectations. Here is how the corporation did: Earnings: $3.60 per share, adjusted, vs. $3.50 for each share as anticipated by […]
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Oracle beats on top rated and bottom traces
Safra Catz, Oracle’s CEO and then just one of Oracle’s two co-CEOs, smiles through Oracle’s OpenWorld convention in San Francisco on, Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Visuals Oracle shares rose as a lot as 4% in prolonged buying and selling on Monday soon after the program enterprise documented effects for […]
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Lululemon shares tumble just after firm delivers weak fourth quarter direction
Individuals line up to enter a retailer all through Black Friday buying at Style Stores of Chicago in Rosemont of Higher Chicago Location, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua Information Agency | Getty Photos Lululemon on Thursday noted revenue and revenue that topped estimates, but the business offered softer […]
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Rent the Runway shares surge after fashion rental company reports stronger quarterly sales
Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported stronger quarterly revenue that beat expectations and raised its financial outlook for the year as customers opted to borrow designer clothes instead of […]
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GameStop reports decline in revenue and sharp decrease in cash
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third quarter sales declined and its cash pile sharply dwindled, as the brick-and-mortar retailer has been working to expand its digital presence. In […]
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MongoDB inventory jumps 27% right after cloud databases corporation reveals surprise adjusted financial gain
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares rose 27% in extended buying and selling on Tuesday right after the database program maker shockingly swung to a revenue. Here’s how the enterprise did: Earnings: 23 cents for every share, modified, vs. a loss of 17 cents for each share as anticipated by […]
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