5 years 3 months ago
The increased costs include a greater-than-expected impact from the parts shortage as well as rising commodity inflation costs of up to $2 billion.
5 years 3 months ago
Oracle reported better-than-expected results and showed accelerating growth compared with the immediate impact of the coronavirus last year.
5 years 3 months ago
GameStop sales rose 25% in the fiscal first quarter as the company focuses on e-commerce and tries to stage a turnaround.
5 years 3 months ago
Shares of the high-end furniture retailer surged Wednesday after the company beat analysts' profit and sales estimates for the fiscal first quarter.
5 years 3 months ago
Stitch Fix's sales topped analysts' estimates, driven by consumers refreshing their wardrobes and looking for styles in new sizes.
5 years 4 months ago
Lululemon on Thursday reported fiscal first-quarter revenue that soared 88%, topping analysts' estimates, as shopper traffic steadily rebounded to its stores.
5 years 4 months ago
Zoom sees revenue growth slowing in the full fiscal year after the pandemic drove a blistering expansion in the video-calling business.
5 years 4 months ago
Salesforce's revenue growth accelerated as the enterprise software company lapped the quarter when the coronavirus began circulating in the U.S.
5 years 4 months ago
Gap raised its sales outlook for the full year, building on the momentum of its namesake banner in North America.
5 years 4 months ago
Best Buy said stimulus checks and a hot housing market fueled strong demand for technology and appliances in the fiscal first quarter.
5 years 4 months ago
Coinbase revenue tripled from last quarter, as the price cryptocurrencies took off in 2021.
5 years 4 months ago
Nvidia's earnings come during a period of sustained, massive growth in its business amid a shortage of semiconductors worldwide.
5 years 4 months ago
Snowflake's product revenue guidance for the full year came in barely above analysts' estimates. The growth is coming as the cloud company's losses mount.
5 years 4 months ago
American Eagle's first-quarter earnings beat follows strong reports from both Urban Outfitters and Abercrombie & Fitch, as more teens head back to the mall.
5 years 4 months ago
Dick's Sporting Goods cited a boost from more kids returning to team sports for its sales and earnings beat during the fiscal first quarter.
5 years 4 months ago
Nordstrom said its first-quarter net sales were down 13% relative to the same period in fiscal 2019.
5 years 4 months ago
CEO Michelle Gass said momentum built throughout the quarter, especially in Kohl's stores.
5 years 4 months ago
Petco reported first-quarter earnings that beat expectations for earnings and revenue, and the company raised its forecast for the rest of the year.
5 years 4 months ago
An extra week in the quarter helped boost Cisco's results, which showed a rise compared with the beginning of the Covid pandemic in the U.S.
5 years 4 months ago
L Brands said it isn't providing a forecast for the rest of the year because it is preparing to spin off its Victoria's Secret business.
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