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Hormel Foods profit and sales rise above expectations even as volumes fall, full-year outlook boosted
Hormel Foods Corp. reported Thursday fiscal second-quart.....»»
Merck"s stock gains after profit and sales beat, but outlook is downbeat
Shares of Merck & Co. Inc. rose 1% in premarket trading Tuesday, after the drug giant reported first-quarter profit and sales that beat expectations, but provided a downbeat full-year outlook. Net income rose to $3.22 billio.....»»
Express beats adjusted profit and sales expectations, but provides downbeat outlook
Shares of Express Inc. were indicated down less than 1% in premarket trading Wednesday, after the apparel retailer reported better-than-expected fiscal fourth-quarter results but provided a downbeat first-quarter.....»»
Wolverine World Wide tops profit expectations, but sales miss and outlook is downbeat including coronavirus impact
Branded shoe seller Wolverine World Wide Inc. , which brands include Sperry, Hush Puppies and Stride Rite, reported Tuesday a fourth-quar.....»»
Caterpillar beats profit expectations but misses on sales and gives downbeat outlook; stock edges up
Shares of Caterpillar Inc. edged up 0.2% in premarket trading Friday, after the construction and mining equipment maker reported a fourth-quarter profit that rose well above expectations, but sal.....»»
Air Products beats profit expectations but came up shy on sales, gives downbeat Q2 outlook
Air Products & Chemicals Inc. reported Friday a fiscal first-quarter profit that be.....»»
Burberry raises outlook as Christmas sales beat expectations
Burberry Group Plc raised its full-year sales forecast after designer Riccardo Tisci’s social-media-friendly new look helped boost revenue in the holiday period, offsetting the bruising impact of political protests in Hong Kong......»»
Lululemon raises profit, sales forecast on upbeat holiday demand
Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, as the Canadian apparel maker's efforts to ramp up its online presence and broaden its range helped drive sales during the all-important holiday period......»»
Macy"s holiday season better than feared, shares rise
Department store operator Macy's Inc reported a marginal fall in holiday period same-store sales on Wednesday, surprising investors who were bracing for a sharper drop following an earlier profit warning......»»
Macy"s eases holiday season sales worries, shares rise 6%
Macy's Inc reported just a 0.6% drop in holiday period same-store sales on Wednesday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning......»»
Macy"s allays holiday season sales worries, shares rise 5%
Macy's Inc reported just a 0.6% drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator's numbers for the crucial annual shopping season after an earlier profit warning......»»
Amazon"s gloomy holiday sales forecast misses estimates, shares fall 7%
Amazon.com Inc on Thursday forecast revenue and profit for the holiday quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally......»»
Tiffany sales fall on tourist spending drop
A drop in tourist spending continued to hurt Tiffany's sales. But as Fred Katayama reports, its shares rallied as the upscale jeweler maintained its sales forecast for the full year and its profit beat expectations......»»
Tiffany & Co. trims profit outlook for year, blames fewer tourists at US stores
Jewelry retailer Tiffany & Co. topped first quarter profit expectations but fewer tourists at American stores, particularly from China, dragged on sales and the company trimmed its expectations for the year......»»
Northrop Grumman beats profit and sales expectations, raises outlook
Northrop Grumman Corp. reported Wednesday first-quarter net income that rose to $739 million, or $4.21 a share, from $650 million, or $3.69 a share, in the same period a year ago.....»»
Macy"s stock plunges after profit and sales outlook slashed
Shares of Macy's Inc. plunged 17% in premarket trade Thursday, after the department store chain slashed its outlook for profit, sales and gross margin, citing a weakening in sales in late-December. The company reported holiday-period .....»»
The Ratings Game: Profit and sales warnings batter retail stocks, but Lululemon shines
Tailored Brands, Ann Taylor parent Ascena and airport retailer Hudson are the latest to revise guidance after holiday sales fall short of expectations......»»
PPG beats profit expectations, but gives downbeat outlook
PPG Industries Inc. reported Thursday fourth-quarter net earnings that beat expectations, but warned that cost inflation, unfavorable currency moves and "modestly lower" sales volumes will hurt results for the first half of this year. The.....»»
GameStop"s stock jumps after upbeat holiday sales report
Shares of GameStop Corp. jumped 1.6% in premarket trade Friday, after the video game seller reported an increase in holiday-period same-store sales and affirmed its full-year profit outlook. Net sales for the nine-w.....»»
Tiffany holiday sales fall as Chinese tourists spend less
Tiffany & Co tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home......»»