Month: December 2018
Cintas tops Q2 estimates, stock surges
Cintas (CTAS) reported its second quarter 2019 earnings results, which surpassed analysts’ estimates. The business service provider’s EPS excluding certain items…
Nike Q2 results beat on broad-based sales growth; stock gains 7%
Nike’s (NKE) recovery in North America gathered steam in the second quarter when the sneaker maker registered double-digit revenue growth,…
Carnival stock falls on weak Q4 results, guidance
Carnival Corporation (CCL/CUK) reported a 10% decline in earnings for the fourth quarter, as fuel, payroll and currency headwinds offset…
Altria announces minority stake in JUUL and cost reduction plans
Altria Group Inc. (MO) acquired a 35% stake in e-cigarette company JUUL Labs Inc. (JUUL) through a $12.8 billion investment…
Budweiser-parent mulls pot-based drinks, inks JV with Tilray
The world’s largest brewery and the parent company of Budweiser, AB InBev (BUD), has given potheads more reasons to cheer…
Neogen stock drops on Q2 revenue miss; earnings decline
Neogen Corp. (NEOG) Thursday reported a decline in its second-quarter earnings, despite a 6% increase in revenues. While the overall…
Actuant slips to loss in Q1 but beats estimates
Industrial products and systems manufacturer Actuant Corporation (ATU) slipped to a loss in the first quarter from a profit last…
Conagra Brands falls despite beating Q2 earnings, misses on sales
Conagra Brands (CAG) reported second quarter 2019 results and fell more than 5% during the extended trading hours, hurt by…
Accenture tops Q1 estimates; updates full-year outlook
Accenture (ACN) topped market estimates on both revenue and earnings for the first quarter of 2019 and updated its guidance…
Pier 1 Imports stock drops 14% after Q3 results miss estimates
Shares of Pier 1 Imports (PIR) fell sharply Wednesday after the home decor company slipped to a net loss in…