Tag: Latest news: earnings
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Nike (NKE) Q3 Earnings 2023
Nike beat Wall Street expectations for its fiscal third quarter earnings and revenue. The retailer is battling overstocking and weak sales in China as the region recovers from the Covid pandemic. Investors have been watching to see if Nike’s gross margins are improving from its direct-to-consumer channels. People in protective face masks walk past the […]
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Adobe (ADBE) earnings Q1 2023
Adobe raised its full-year revenue and net new recurring revenue forecasts from its Digital Media business. The company has faced antitrust scrutiny over its attempted acquisition of Figma. Shantanu Narayen, CEO of Adobe, attends a media event in Mumbai on May 3, 2017. Abhijit Bhatlekar | Mint | Hindustan Times | Getty Images Shares of […]
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Dick’s Sporting Goods (DKS) Q4 2022 earnings
Dick’s Sporting Goods topped analyst expectations on Tuesday for its fourth-quarter earnings and revenue. Same-store sales rose 5.3%, more than double analyst estimates of 2.1%, according to StreetAccount. The company posted full-year expectations for 2023 that were also higher than analysts had expected. A Dick’s Sporting Goods store stands on Staten Island on March 9, […]
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Best Buy (BBY) earnings Q4 2023
Customers shop at a Best Buy store in Chicago, Illinois on August 24, 2021. Scott Olson | Getty Images Best Buy on Thursday it reported holiday quarter sales and earnings that beat Wall Street expectations as declining demand for consumer electronics turned out to be better than feared. Still, shares fell about 2% in premarket […]
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Macy’s (M) earnings Q4 2022
People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Shares of Macy’s rose Thursday as the company said it attracted holiday shoppers looking for gifts and held on to promotions. But the department store operator, which includes […]
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Salesforce (CRM) Revenue Q4 2023
Marc Benioff, co-founder and CEO of Salesforce, speaks at the World Economic Forum in Davos, Switzerland, on January 18, 2023. Stefan Wermuth | Bloomberg | Getty Images Shares of Salesforce rose 16% in extended trading Wednesday after the cloud software maker beat Wall Street earnings estimates and issued a better-than-expected forecast. Here’s how the company […]
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Lowes (LOW) Q4 Earnings 2022
A Lowe’s Home Improvement Warehouse employee collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images Lowe’s on Wednesday reported fiscal fourth-quarter revenue that fell short of Wall Street expectations, while also issuing conservative guidance for the current year. Here’s how the retailer […]
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Target (TGT) earnings Q4 2022
Target will report on its fiscal fourth quarter Tuesday before the bell. The big-box retailer has fallen short of earnings expectations for three straight quarters and warned of weak holiday sales. It will hold a conference call with analysts at 9 a.m. ET and will also host an investor day in New York City. A […]
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Berkshire Hathaway Q4 Earnings 2022
Warren Buffett. Gerald Miller | CNBC Berkshire Hathaway’s operating profit fell in the fourth quarter as inflationary pressure weighed on the conglomerate’s business. Berkshire Hathaway’s operating income totaled $6.7 billion in the fourth quarter of 2022, according to a press release on Saturday. That’s 7.9% less than a year earlier, when earnings were $7.285 billion. […]
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Home Depot (HD) Q4 Earnings 2022
Home Depot missed Wall Street revenue expectations for the first time since November 2019. The home improvement retailer gave a moderate outlook for fiscal 2023 and expects sales growth to be about flat. The company attributed the flat outlook to a more difficult consumer environment and a shift from goods to services. A customer loads […]