Category: Earnings

Macy’s says regional coronavirus ‘flare-ups’ could hurt sales

A person looks into a closed Macy’s Inc. department store near Union Square in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short |...

U.S. corporate earnings are likely to disappoint, economist says

Investors should stay bearish on U.S. stocks until the full extent of the economic damage caused by the coronavirus pandemic is known, according to TS Lombard,...

Darden Restaurants (DRI) Q4 2020 earnings hurt by coronavirus closures

An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported that same-store sales were nearly...

Oracle (ORCL) earnings Q4 2020

Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off...

Lululemon (LULU) reports fiscal Q1 2020 earnings, shares fall

Lululemon reported a fiscal first-quarter sales decline of 17%, as its strong digital business wasn’t enough to offset the losses from its stores being...

Starbucks lost $3B in revenue in latest quarter due to coronavirus

Starbucks expects to swing to a loss in its fiscal third quarter, predicting it lost as much as $3.2 billion in revenue due to the coronavirus pandemic. Shares of the...

Slack stock down after Q1 earnings, slower growth than Zoom

Shares of Slack continued to drop double digits Friday, as investors remained disappointed that the company reported steady revenue growth rather than blowout numbers....

Popeyes U.S. same-store sales soar more than 40%

The chicken in Popeye’s sandwich crunches audibly when you bite in, with all those nooks and crannies on the surface shattering into a thousand delicious pieces....

Nvidia (NVDA) earnings Q1 2021

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles,...

Best Buy (BBY) Q1 2021 earnings fall during pandemic

David Paul Morris | Bloomberg | Getty Images Best Buy said Thursday its revenue and earnings fell in the first quarter, despite an initial surge of shopping as...