4 years 4 months ago
Lululemon expects the momentum in its business to continue in spite of broader economic headwinds.
4 years 4 months ago
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
4 years 4 months ago
GameStop reported its first-quarter 2022 earnings after the bell on Wednesday.
4 years 4 months ago
Salesforce now sees a stronger full fiscal year of profitability even as it expects to turn in less revenue than it had previously expected.
4 years 4 months ago
Victoria's Secret reported a quarterly profit that topped Wall Street expectations, but warned that the retail environment will continue to be challenging.
4 years 4 months ago
The lower-income consumer, which is Old Navy's target customer, is starting to feel pinched by inflation, Chief Executive Officer Sonia Syngal told CNBC.
4 years 4 months ago
Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing's tech crackdown took their toll.
4 years 4 months ago
Macy's reaffirmed its fiscal 2022 sales outlook and raised its profit guidance, expecting stronger credit card revenue for the remainder of the year.
4 years 4 months ago
Dollar Tree and Dollar General boosted their outlook for the year, noting that shoppers squeezed by inflation will seek cheaper prices.
4 years 4 months ago
The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter.
4 years 4 months ago
Snowflake maintained its full-year projections, show that it continues to expect revenue growth to slow from its days as a newly minted public company.
4 years 4 months ago
Dick's trimmed its outlook for the year amid uncertain economic conditions, but the retailer said it isn't yet seeing any dramatic shifts in its business.
4 years 4 months ago
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."
4 years 4 months ago
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
4 years 4 months ago
Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.
4 years 4 months ago
Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to employees.
4 years 4 months ago
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.
4 years 4 months ago
Kohl's joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.
4 years 4 months ago
Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.
4 years 4 months ago
Cisco has gone from growth to flat revenue, and now it's calling for a decline as it sees costs mounting from the war between Russia and Ukraine.
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