P&G operating margin, grooming product sales dip on strong dollar; shares drop
Procter & Gamble Co reported a decline in its third-quarter operating margin on Tuesday and said a strong U.S. dollar hurt sales of its grooming products, sending shares of the maker of Tide and Gillette products down as much as 3.3% in morning trading......»»
Ad sales surge at Google parent Alphabet, but so do costs
Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares volatile. Jane Lee reports......»»
Ad sales surge at Google parent Alphabet, but so do costs
SAN FRANCISCO (Reuters) - Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday......»»
Kroger"s quarterly profit, sales top estimates on private-label strength
U.S. supermarket chain Kroger Co topped fourth-quarter profit and sales estimates on Thursday, boosted by strong demand for its high-margin private-label brands, sending its shares up as much as 7.2%......»»
Volkswagen second-quarter operating profit up 30% as SUV push pays off
Volkswagen Group said its second-quarter operating profit rose 29.9% despite a 1.8% drop in vehicle sales after the VW brand launched a raft of higher-margin sports utility vehicles and amid rising sales at Porsche and Skoda......»»
The Ratings Game: Zuora stock plunges to worst drop on record, analyst says it looks like ‘dead money’
Zuora Inc. shares plummeted nearly 30% Friday after the subscription software company highlighted product-integration and sales-execution issues in conjunction with its first-quarter earnings report......»»
U.S. dollar stores warn of tariff hit after reporting upbeat sales
Two of America's largest dollar store chains warned on Thursday that rising tariffs due to escalating trade tensions between Washington and Beijing would hit U.S. shoppers, after reporting strong quarterly sales that sent their shares up about 6%......»»
VW shrugs off 1 billion euro legal hit with higher SUV sales
Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.7 percent higher......»»
Kellogg to replace CFO, earnings dive 36.5 percent; shares drop
Kellogg Co said on Thursday it will replace its chief financial officer, and the cereal, breakfast foods and snacks maker reported a 36.5 percent decline in first-quarter earnings, citing a strong U.S. dollar and higher costs......»»
Volkswagen shrugs off 1 billion euro legal hit with higher SUV sales
Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.5 percent higher......»»
P&G beats profit, sales estimates with price hikes
Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar......»»
Masco (MAS) Lags Q1 Earnings Estimates, Operating Margin Down
Masco (MAS) posts strong revenue growth on solid sales from Plumbing and Decorative Architectural segments as well as North American windows. Masco Corporation’s MAS first-quarter 2018 adjusted earnings missed analysts’ expecta.....»»
WSFS Reports Net Income of $37.4 Million and 1Q 2018 EPS of $1.16. Results Positively Impacted by a $15.3 Million Pre-Tax Valuation Gain on Visa Class B Shares and a $1.7 Million Fraud Recovery. Strong Operating Results Include a Net Interest Margin of 4.
WILMINGTON, Del., April 23, 2018 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ:WSFS), or the Company, the parent com.....»»
P&G Reports Slightly Higher Sales, Drop in Prices
Strong sales in the beauty segment in Procter & Gamble’s fourth quarter helped offset lower sales in grooming products where price cuts didn’t improve performance......»»
Shares of Michael Kors Move 5% Higher After a Strong Start to Fiscal 2019
Michael Kors turned in a quarter with better-than-anticipated revenue, gross margin, operating margin, and earnings-per-share growth......»»
P&G shares surge on strong results, higher product prices
Procter & Gamble Co reported better-than-expected quarterly profit and sales, and said it was raising prices on several products around the world, sending shares up on Friday by their most in a decade......»»
VW operating profit drops as anti-pollution rules bite
Volkswagen reported a smaller than expected 18.6 percent drop in third-quarter adjusted operating profit, boosting its shares despite weaker vehicle sales tied to the introduction of more stringent anti-pollution rules......»»
Target third-quarter comparable sales, earnings miss estimates; shares drop
Target Corp reported third-quarter earnings and comparable sales below estimates on Tuesday at a time when a strong economy has boosted consumer spending at rival retailers, sending its shares down 7 percent in premarket trade......»»
Best Buy shares drop after Bank of America downgrades to sell on slowing sales of TVs, iPhones
The firm cited "deceleration in industry growth trends and continued caution on key product categories such as TVs, Apple products and gaming.".....»»
Nike surges 8% on strong earnings performance
Nike shares soared Friday after product innovation and digital sales helped the company beat earnings and revenue estimates for its second quarter......»»
Victoria"s Secret parent L Brands shares drop as sales slip, but analysts are optimistic about 2019
L Brands Inc. shares fell 7.6% in Thursday trading after the Victoria's Secret parent company reported a sales decline and said the merchandise margin rate for that lingerie brand was down "significantly" due to higher promotional activity. Sales for the.....»»