Breaking News: Earnings
Lowe’s reports revenue increase, beating Wall Street’s expectations
A Lowe’s employee walks through the store during the grand opening of the Lowe’s store in San Francisco, California. Getty Images Lowe’s reported third-quarter earnings on Wednesday that beat analysts’ expectations, with revenue up compared to the same period last year. The home improvement retailer also updated its guidance, lowering the top end of its […]
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Home Depot posts better-than-expected quarter despite inflation
A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot reported Tuesday its revenue increased nearly 6% to $38.9 billion, beating analyst expectations, as the retailer continued to beckon customers despite […]
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Walmart will report earnings before the bell — here’s what to expect
Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Tuesday will report its fiscal third-quarter earnings before the bell, as the retail giant caters to inflation-squeezed customers and gears up […]
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Beyond Meat reports wider-than-expected loss, falling revenue
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday reported a wider-than-expected loss for its third quarter as demand for its meat substitutes tumbled. CEO Ethan Brown called the results “disappointing” […]
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Disney misses on profit and key revenue segments, but sees strong streaming growth
Bob Chapek, Disney CEO at the Boston College Chief Executives Club, November 15, 2021. Charles Krupa | AP Disney fell short of expectations for profit and key revenue segments during the fiscal fourth quarter, but saw strong streaming growth for its Disney+ platform — a rare bright spot in the report out Tuesday. The company’s […]
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Atlassian plummets much more than 20% on weak earnings report and disappointing forecast
Scott Farquhar, co-founder and co-CEO of the program corporation Atlassian, speaks in the course of a jobs and expertise summit at Parliament Dwelling on September 1, 2022 in Canberra, Australia. The Australian governing administration is bringing collectively political, organization, union and community group leaders at Parliament Residence to handle problems facing the Australian economy and […]
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Twilio tumbles soon after issuing a delicate quarterly revenue projection
Jeff Lawson, CEO, Twilio Scott Mlyn | CNBC Twilio shares fell as a lot as 13% in extended trading on Thursday immediately after the cloud communications application maker introduced third-quarter final results that gave a gentle income outlook. “Like a lot of corporations, we are struggling with some short-expression headwinds, but the extensive-expression chance remains […]
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Starbucks earnings beat expectations as consumers spend more in its U.S. stores
The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ estimates, fueled by U.S. customers spending more on their orders. Shares rose 2.3% in after-hours trading […]
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Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported stronger sales at Burger King and Tim Hortons, joining the fast-food companies seeing a bump in sales as consumers look for more affordable options. The […]
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Peloton shares tumble after company offers weak holiday quarter outlook
Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s shares fell nearly 10% in morning trading Thursday. As of Wednesday’s close, Peloton’s stock has dropped about 75% so far this year. Here’s how the fitness device maker […]
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