Apple’s bad quarter and what history says will happen next
[ad_1] Apple is wrapping up a rough quarter, but history and Wall Street analysis show there is reason to expect a bounce ahead. The technology giant has dropped more than … Read More
Tag: Earnings
Walgreens tops quarterly revenue estimates, but narrows profit outlook in ‘challenging’ economy
[ad_1] A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. Andrew Kelly | Reuters Walgreens on … Read More
Lululemon shares plunge 16% on weak guidance, slowing North America growth
[ad_1] 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 largest market. The retailer reported … Read More
Nike shares slide on lackluster outlook, slowing China sales
[ad_1] Nike‘s China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, helped by better than expected growth in North … Read More
Darden posts first same-store sales decline since pandemic, offset by Ruth’s Chris acquisition
[ad_1] A Ruth’s Steak House restaurant on May 03, 2023 in Miami, Florida. Darden Restaurants said Wednesday it is buying Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak … Read More
Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise
[ad_1] Dick’s Sporting Goods raised its dividend by 10% on Thursday as the company posted its largest sales quarter in its history and projected another year of growth. The company’s … Read More
Petco CEO Ron Coughlin is out, former Best Buy exec to step in as interim chief executive
[ad_1] Ron Coughlin, chief executive officer of Petco Animal Supplies Inc., outside the Nasdaq MarketSite during Petco Health & Wellness Co. initial public offering (IPO) in New York, Jan. 14, … Read More
Oracle shares rise 12% on better-than-expected quarterly earnings
[ad_1] 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 | Bloomberg | Getty … Read More
Costco misses holiday-quarter revenue expectations despite online growth
[ad_1] Mandel Ngan | Afp | Getty Images Costco on Thursday missed Wall Street’s revenue expectations for its holiday quarter, despite reporting year-over-year sales growth and strong e-commerce gains. Shares … Read More
Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth
[ad_1] A general view of an Old Navy store. Gap Inc. Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its … Read More