CNBC Earnings

FedEx announced rate hikes and detailed its cost-cutting efforts after warning last week it was seeing demand weaken globally.

Darden Restaurants reported mixed quarterly results but still reiterated its outlook for fiscal 2023.

Shares of FedEx sank Friday morning after the company withdrew its full-year guidance and cited weakening global demand.

Oracle said electronic health-record software maker Cerner contributed $1.4 billion to quarterly revenue.

GameStop said quarterly sales declined and losses widened, as its inventory of video game equipment and more swelled.

Nio's second-quarter loss widened, but the company expects higher production and deliveries in the third quarter.

Lululemon reported second quarter earnings after the bell on Thursday.

The firm, which allows users to spread the cost of purchases over interest-free installments, saw a jump in operating expenses and defaults.

Russian gas giant Gazprom posted a record first-half profit on Tuesday and promised new dividends to shareholders.

Best Buy also reaffirmed its guidance for the fiscal year, saying it expects softer demand for consumer electronics.

Peloton has pursued sweeping changes, including price hikes and a shift to emphasizing subscriptions, that have yet to fully pay off.

Gap withdrew its financial outlook for the year after its second-quarter sales fell from a year ago and it works to fix its struggling business.

Nvidia's success in the past two years has been largely attributed to the quality of its latest generation of graphics cards.

Salesforce beat estimates for the latest quarter but gave a disappointing forecast for the year.

Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday.

Nordstrom slashed its financial forecast for the full year as the department store chain faces slowing sales and a glut of inventory.

Dick's Sporting Goods reported quarterly earnings and revenue that topped analysts' expectations and boosted its financial outlook for the year.

Macy's on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel.

Zoom's finance chief, Kelly Steckelberg, said revenue would have grown faster if it weren't for the strong U.S. dollar and online business performance.

Kohl's said its middle-income customers have been particularly pressured by higher inflation.