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Nordstrom beats profit estimates as it clears inventory faster and sells more online

Upscale U.S. retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday as it said it had cut costs and cleared more inventory, sending its shares up 10% in extended trading......»»

Category: topSource: reutersAug 21st, 2019

Amazon stock soars after holiday revenue beats estimates

Amazon on Thursday said its sales jumped during the holiday season and profit far exceeded expectations as the world's biggest online retailer shortened delivery times and drew more shoppers to its loyalty club Prime......»»

Category: topSource: moneycentralJan 30th, 2020

Nordstrom quarterly profit beats estimates; share jump 10%

Nordstrom Inc reported quarterly profit above Wall Street expectations on Thursday, as it sold more apparels at its off-price stores and kept inventories in check, sending the retailer's shares up about 10% after the bell......»»

Category: topSource: reutersNov 21st, 2019

Fox Corp beats quarterly profit estimates on higher affiliate fees

Media company Fox Corp reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors......»»

Category: topSource: reutersAug 7th, 2019

Fox Corp beats profit estimates on higher affiliate fees

Media company Fox Corp beat Wall Street estimates for quarterly profit on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors......»»

Category: topSource: reutersAug 7th, 2019

Mastercard beats profit estimates on higher spending

Mastercard Inc beat Wall Street's estimates for quarterly profit on Tuesday, as a strong U.S. job market and a boom in online shopping boosted transaction volumes on the company's payment network......»»

Category: topSource: reutersApr 30th, 2019

Chipotle beats profit, revenue estimates as online sales surge

Chipotle Mexican Grill Inc beat Wall Street estimates for quarterly revenue and profit on Wednesday, as the restaurant chain's marketing efforts and aggressive investments in online ordering and deliveries attracted more customers......»»

Category: topSource: reutersApr 24th, 2019

Target shares slide as profit misses estimate, inventories jump

Target Corp said on Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages and price cuts hurt margins and a big jump in inventory ahead of the critical holiday season worried investors......»»

Category: topSource: reutersNov 20th, 2018

Target stock tanks as profit misses estimate

Target said Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages and price cuts hurt margins and a big jump in inventory ahead of the critical holiday season worried investors......»»

Category: topSource: moneycentralNov 20th, 2018

Target stock tanks as profit misses estimate

Target said Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages and price cuts hurt margins and a big jump in inventory ahead of the critical holiday season worried investors......»»

Category: topSource: moneycentralNov 20th, 2018

AMC Networks profit beats estimates but revenue falls short

AMC Networks Inc. posted better-tha.....»»

Category: topSource: marketwatchMay 7th, 2021

Estée Lauder beats profit estimates as sales fall short

Estée Lauder Companies shares slid 0.6% in premarket trading Monday, after the cosmetics and beauty company posted stronger-th.....»»

Category: topSource: marketwatchMay 3rd, 2021

Visa sees pandemic "storm" clearing

Visa Inc is emerging from the COVID-19 pandemic, its top boss said on Tuesday, as a surge in online shopping helped the world's biggest payment processor beat Wall Street estimates for quarterly profit and counter sluggish travel spending......»»

Category: topSource: foxnewsApr 27th, 2021

Lockheed Martin beats first-quarter profit estimates and raises guidance

Defense contractor Lockheed Martin Corp. said Tuesday it had net income of $1.8 billion, or $6.56 a share, in the first quarter, up from $1.7 billion, or $6.08 a share, in the year-earlier period. Sales rose to $16.3.....»»

Category: topSource: marketwatchApr 20th, 2021

Nordstrom sees e-commerce growth, but faces inventory glut

The department store chain has had success with online sales and its growing off-price business. Its biggest challenge for now is unloading seasonal inventory, an analyst says......»»

Category: topSource: bizjournalsMar 12th, 2021

Hibbett Sports profit beats estimates but sales fall slightly short

Hibbett Sports Inc. said Friday it had net incom.....»»

Category: topSource: marketwatchMar 5th, 2021

PayPal profit tops estimates as pandemic drives online spending to record levels

PayPal's processed payments in the latest quarter rose 39% to $277.1 billion, with an additional 16 million net new active customers.....»»

Category: topSource: foxnewsFeb 4th, 2021

Market Extra: This big Wall Street player made out like a bandit on AMC stock

Silver Lake clears a roughly $112 million profit by turning its debt holdings of AMC Entertainment into stock this week, just as a band of individual traders on Reddit and other online messaging boards drive up the struggling movie chain's stock price......»»

Category: topSource: marketwatchJan 29th, 2021

Caterpillar shares up 3.6% premarket after Q4 profit beats estimates

Caterpillar Inc. shares rose 3.6% in premarket trade Friday, after the maker of m.....»»

Category: topSource: marketwatchJan 29th, 2021

Citigroup beats profit estimates but revenue falls short

Citigroup Inc. said Friday it had net income of $4.6 billion, or $2.08 a share, in the fourth quarter, down from $5.0 billion, or $2.15 a share, i.....»»

Category: topSource: marketwatchJan 15th, 2021

Dish Network profit falls short of estimates, but revenue beats

Dish Network Corp. said Thursday it had net income of $73 million, or 13 cents a share, in the first quarter, down from $340 million, or 6.....»»

Category: topSource: marketwatchMay 7th, 2020