CNBC Earnings

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.

Cisco said revenue will grow by about 5% in the new fiscal year, accelerating from 3% in the year that just ended

Lowe's said improved operations offset lower-than-expected sales that were hurt by a shortened spring.

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.

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.

The retailer's profits are under pressure, as consumers feel pinched by inflation and buy fewer high-margin items, such as apparel and electronics.

Home Depot reported second-quarter earnings and revenue that beat expectations Tuesday morning.

Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half year results on Sunday.

Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.

Electric vehicle maker Rivian maintained its full-year guidance for deliveries, but trimmed its full-year financial outlook.

Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year.

Disney posted better-than-expected earnings on both the top and bottom line, bolstered by increased spending at its domestic theme parks.

Some price-sensitive whiskey and tequila drinkers are swapping out their high-end bottles for cheaper options, according to Beam Suntory.

Sweetgreen said it will lay off 5% of its workforce and downsize to a smaller office building to lower its operating expenses.

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.

Roblox reported second-quarter results on Tuesday that missed analyst estimates on the top and bottom lines.