Walmart"s U.S. e-commerce growth rebounds, shares rise
NEW YORK (Reuters) - Walmart Inc, the world's biggest retailer, on Thursday posted a 33 percent rise in U.S. e-commerce sales, rebounding from the 23 percent growth witnessed in the previous quarter, sending its shares up in premarket trade......»»
Alibaba beats quarterly revenue estimates, shares rise
China's Alibaba Group Holding Ltd reported a better-than-expected 40% rise in second-quarter revenue on Friday, powered by strong growth in its e-commerce and cloud computing businesses......»»
Alibaba revenue beats estimates on cloud boost; shares rise
China's Alibaba Group Holding Ltd beat analysts' estimates for fourth-quarter revenue on Wednesday, boosted by growth in its core e-commerce and cloud computing businesses......»»
Walmart to pay $16 billion for control of India"s Flipkart, shares slide
NEW YORK/MUMBAI (Reuters) - Walmart Inc said on Wednesday it will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer's largest-ever deal as it competes with Amazon.com Inc in an important growth market......»»
Walmart U.S. Sales Beat Forecasts as E-Commerce Sales Get Back on Track
The news came as a relief to investors, who sent shares up 1.4% in premarket trading It looks like Walmart’s wmt tepid e-commerce growth ove.....»»
Walmart"s first quarter margins under pressure, e-commerce rebounds
NEW YORK (Reuters) - Walmart Inc on Thursday said profit margins during the first quarter remained under pressure due to price cuts and higher freight costs, weighing on its shares even as sales and earnings came in stronger than expected......»»
Walmart posts biggest U.S. sales rise in a decade, shares soar
Walmart Inc posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online and grocery purchases showed it can hold its own against Amazon.com Inc ......»»
Walmart E-Commerce to Rise by 40% of an Undisclosed Number
When Walmart reported earnings Thursday it touted its e-commerce sales and stuck with a forecast for 40% growth in e-commerce sales this year. We try to figure out what that means......»»
Walmart E-Commerce To Rise 40% of an Undisclosed Number
When Walmart reported earnings Thursday it touted its e-commerce sales and stuck with a forecast for 40% growth in e-commerce sales this year. We try to figure out what that means......»»
Walmart lowers earnings outlook due to Flipkart buy; shares drop
Walmart Inc lowered its earnings forecast for the year on Tuesday and said its e-commerce growth next year would be slower than the current fiscal year that ends in January, sending its shares down in premarket trading......»»
Walmart holiday quarter sales top estimates, shares rise
Walmart Inc reported an estimate-beating jump in holiday quarter comparable sales on Tuesday as a strong economy boosted consumer spending and fueled more e-commerce purchases, sending its shares up nearly 4 percent in premarket trade......»»
Strong U.S. economy boosts Walmart holiday-quarter sales, shares gain
A strong U.S. economy boosted Walmart Inc's holiday-quarter sales growth to the best in a decade, lifted by consumer spending in key categories like groceries and increased e-commerce purchases......»»
RealReal posts another quarterly loss, but sales rise
Shares of RealReal Inc. weaved between gains and losses in the extended session Monday after the e-commerce retailer of secondhand luxury goods reported a narrower first-quar.....»»
Uber shares could rise as much as 65% with profitability "around the corner," Jefferies says
Uber looks set to become profitable soon, says Jefferies, which initiated coverage on the company with a buy rating. Uber has posted strong growth in its delivery service. halbergman/Getty Images Ube.....»»
Walmart Girds For Future While Wall Street Sells Off Shares
Walmart Inc. (NYSE: WMT) laid out ambitious plans Thursday to grow annual revenue by 4% for years to come with billions of dollars allocated to expanding its e-commerce capabilities. read more.....»»
Etsy expects face-mask sales to be a big financial boost, but stock falls from record high
Etsy Inc. said Wednesday that sales of face masks on its e-commerce site led to huge growth in April sales, but first-quarter earnings disappointed investors and shares fell 8% in after-hours trading. Etsy reported profit of $12.5 million, or 10 cents .....»»
Corona beer maker Constellation increases stake in marijuana producer Canopy Growth, shares rise 10%
Constellation Brands Inc. said late Friday that it had increased its stake in Canopy Growth Corp. by 5.1%. Canopy Growth shares rose 10% and Constel.....»»
Snap shares rise 20% as coronavirus spurs use, revenue growth beats Street
Snap Inc on Tuesday beat Wall Street estimates for quarterly revenue and user growth for its Snapchat app, as more people seek entertainment while they stay at home during the global coronavirus pandemic......»»
Wingstop shares rise after preliminary first-quarter sales growth
Wingstop Inc. shares rose 3.3% in Tuesday premarket trading after the chicken wing chain announced preliminary fi.....»»
Lands" End revenue rises above expectations, will not provide guidance given coronavirus-related uncertainties
Lands' End Inc. reported Tuesday a 57% rise in fiscal fourth-quarter net income and 9.4% growth in revenue, as American Airlines shipments and e-commerce sales growth offset a decline in revenue from Sears. T.....»»
Ebay shares rise after report of possible sale of classified ad business, which could be valued at $10 billion
Ebay Inc. stock rose 2.6% in Friday trading after a report from The Wall Street Journal said there's potential for a sale of the e-commerce company's classified ad business. The business could be worth about $10 billion......»»