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Discover Financial Faces Concerns Over Remediation Reserve, Analysts Caution Despite Q1 Sales Growth
Discover Financial Services faces scrutiny over remediation reserves as analysts express caution despite strong Q1 revenue growth. Latest Rating.....»»
Peloton Analysts Bullish After Earnings Beat: "Recalls Not As Bad As Feared"
Peloton Interactive Inc (NASDAQ: PTON) shares rebounded by 2.6% on Friday after the company reported impressive fiscal third-quarter sales growth and assured investors it’s working quickly to resolve safety issues with its treadmills. Latest Rating.....»»
XPeng Analyst: Automaker Leads Chinese EV Market In Autonomous Driving
Chinese electric vehicle manufacturer Xpeng Inc – ADR (NYSE: XPEV) is poised for an acceleration in sales growth, according to an analyst at BofA Securities. The XPeng Analyst: Ming Hsun Lee reiterated a Buy rating on XPeng with a $54.10 price target. .....»»
Genuine Parts expects COVID-19 to hurt its financial results
"We believe the steps we are taking to stabilize our business in these unprecedented times will position the company for strong sales and earnings growth as we exit this global pandemic," CEO Paul Donahue says......»»
NetApp to see sales growth in Taiwan in fiscal 4Q19
US-based data storage and manageme.....»»
NetApp foresees strong sales growth in Taiwan in fiscal 4Q19
US-based data storage and management solution pr.....»»
NetApp foresees 80% sales growth in Taiwan in fiscal 4Q19
US-based data storage and manage.....»»
Walmart sees slowing online sales growth after lackluster holiday quarter
Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holiday season and lower demand for apparel, toys and electronics......»»
P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales
Procter & Gamble Co on Thursday posted quarterly sales that missed analysts' expectations for the first time in five quarters, hurt by weakness in baby and feminine care products such as Pampers diapers and Tampax tampons......»»
Cannabis Watch: Cannabis packager KushCo revenue damaged by vape crisis
The the ongoing public health issues surrounding vaporized cannabis and tobacco products hurt KushCo Holdings Inc. sales, the company said late Tuesday when it reported fiscal-first quarter earnings......»»
Slack tops its disappointing forecast with stronger sales growth
Slack Technologies Inc. easily beat the disappointing quarterly forecast it gave in its first earnings report as a public company Wednesday, but it didn’t seem to help the company’s beleaguered stock......»»
Weak sales growth hits American Eagle outlook; shares slide
American Eagle Outfitters Inc forecast disappointing current quarter profit after its same-store sales missed quarterly estimates on Wednesday, hurt by weak demand for warm weather apparel and a late start to the back-to-school season......»»
Deere cuts full-year earnings forecast after profits miss estimates
Deere & Co.'s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm equipment, forcing the company to revise down its full-year profit and sales growth forecasts......»»
Piper sees "strong" sales growth for Cronos, starts with Overweight rating
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Unilever second-quarter sales miss estimates hurt by rain in Europe
Consumer goods giant Unilever Plc reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe, but kept its full-year sales targets intact......»»
Online grocers driving fresh demand for cold storage
The growth of online grocery sales has the U.S. market for cold-storage warehouses poised for strong growth, potentially creating demand for up to 100 million sq. ft. of cold-storag.....»»
Public Storage upgraded to Sector Weight on steadier growth at KeyBanc
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
California Reports Cannabis Sales Taxes: Massive Growth, But Still Below Expectations
California just made public its cannabis exci.....»»
Home Depot same-store sales misses on wet weather, lumber prices
Home Depot Inc reported its slowest growth in quarterly same-store sales in at least three years on Tuesday, missing Wall Street estimates, as the home improvement chain was hurt by wet weather in February and a steep fall in lumber prices......»»
NewsWatch: Lyft reports large losses, strong sales growth in first earnings since IPO; stock sinks
Lyft Inc. reported better sales than expected in its first quarterly earnings report as a public company Tuesday, but also disclosed massive losses even after factoring out stock-based compensation......»»