Advance Auto Parts, Inc. (NYSE: AAP) on Monday reported financial results for the fourth quarter of fiscal 2021. Adjusted earnings increased in double digits amid modest revenue growth.
Net income, excluding one-off items, jumped 35% annually to $2.07 per share during the three-month period. Meanwhile, fourth-quarter unadjusted net income decreased to $81.7 million or $1.30 per share from $112 million or $1.66 per share in the same period of 2020.
At $2.39 billion, revenues were up 1% from the corresponding period of the prior year. The top-line performance surpassed the consensus estimates.
Tyson Foods Inc. (NYSE: TSN) reported first quarter 2023 earnings results today. Sales rose 2.5% year-over-year to $13.2 billion. Net income attributable to Tyson was $316 million, or $0.88 per
Apple Inc. (NASDAQ: AAPL) this week reported its first revenue decline in more than three years, even as the high inflation continues to squeeze customers’ spending power. Sales of the
Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reported lower earnings and revenues for the first quarter of 2023. The company also provided guidance for the second quarter of 2023. At $9.5