4 years 1 month ago
Cisco said revenue will grow by about 5% in the new fiscal year, accelerating from 3% in the year that just ended
4 years 1 month ago
Lowe's said improved operations offset lower-than-expected sales that were hurt by a shortened spring.
4 years 1 month ago
The big-box retailer cut its profit outlook in June, saying it would take a hit as it marked down unwanted goods and canceled merchandise orders.
4 years 1 month ago
Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid hit the tech giant.
4 years 1 month ago
The retailer's profits are under pressure, as consumers feel pinched by inflation and buy fewer high-margin items, such as apparel and electronics.
4 years 1 month ago
Home Depot reported second-quarter earnings and revenue that beat expectations Tuesday morning.
4 years 1 month ago
Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half year results on Sunday.
4 years 1 month ago
Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.
4 years 1 month ago
Electric vehicle maker Rivian maintained its full-year guidance for deliveries, but trimmed its full-year financial outlook.
4 years 1 month ago
Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year.
4 years 1 month ago
Disney posted better-than-expected earnings on both the top and bottom line, bolstered by increased spending at its domestic theme parks.
4 years 1 month ago
Some price-sensitive whiskey and tequila drinkers are swapping out their high-end bottles for cheaper options, according to Beam Suntory.
4 years 1 month ago
Sweetgreen said it will lay off 5% of its workforce and downsize to a smaller office building to lower its operating expenses.
4 years 1 month ago
Deliveroo reported a pretax loss of £147.3 million in the first six months of the year, up 54% from the same period a year ago.
4 years 1 month ago
Roblox reported second-quarter results on Tuesday that missed analyst estimates on the top and bottom lines.
4 years 1 month ago
Coinbase's revenue declined almost 64% in the quarter as cryptocurrency prices fell.
4 years 1 month ago
The company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead.
4 years 1 month ago
Spirit's expenses soared more than 66% compared with three years ago. Its fuel bill more than doubled.
4 years 1 month ago
The Maryland biotech company cut its 2022 sales outlook by about 50% and now expects to generate $2 billion to $2.3 billion in revenue.
4 years 1 month ago
Allbirds announced cost-cutting efforts as the sustainable shoe maker reported wider loss compared with a year earlier.
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