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Month: June 2022

NKE Earnings: Nike Q4 profit and sales decline but beat estimates

Nike, Inc. (NYSE: NKE) has reported stronger-than-expected sales and net profit for the fourth quarter of 2022, despite inflationary pressures.…

Carnival Corporation (CCL): Three reasons why the cruise line company is headed in the right direction

Shares of Carnival Corporation (NYSE: CCL) were down over 2% on Monday. The stock has dropped 47% year-to-date and 59%…

FedEx Stock: FDX looks set to regain altitude after recent dip

The acceleration in the adoption of e-commerce during the pandemic came as a boon not only for retail companies but…

Can Darden Restaurants (DRI) beat inflation woes and remain palatable?

The restaurant business is one of the worst affected by the pandemic as the movement restrictions made people eat at…

CarMax (KMX) Q1 profit drops but beats estimates; revenue up 21%

Used car retailer CarMax, Inc. (NYSE: KMX)  on Friday reported a sharp decline in first-quarter earnings, despite a double-digit increase…

FDX Earnings: FedEx Q4 adjusted earnings rise; revenue up 8%

Cargo giant FedEx Corporation (NYSE: FDX) has reported an increase in fourth-quarter adjusted earnings and revenues. The company also provided…

Stock Watch: AutoZone (AZO) stays on the fast track despite cost pressures

AutoZone, Inc. (NYSE: AZO) is a much sought-after automotive parts retailer among do-it-yourself customers, especially after the virus-related movement restrictions…

Highlights of Darden Restaurants’ (DRI) Q4 2022 earnings report

Darden Restaurants, Inc. (NYSE: DRI) on Thursday reported financial results for the fourth quarter of 2022. The restaurant chain also…

Earnings: Accenture (ACN) Q3 profit and revenue beat estimates

Business consulting services provider Accenture plc. (NYSE: ACN) reported higher earnings and revenues for the third quarter of 2022. The…

Stock Watch: Intuitive Surgical (ISRG) remains a good bet despite slowdown

Intuitive Surgical, Inc. (NASDAQ: ISRG) is a market leader in the manufacturing and distribution of robotics-assisted surgical systems. The company’s products,…