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Asset management company BlackRock, Inc. (NYSE: BLK) on Thursday announced financial results for the third quarter of 2022, reporting a double-digit decline
Asset management company BlackRock, Inc. (NYSE: BLK) on Thursday announced financial results for the third quarter of 2022, reporting a double-digit decline in revenues and earnings. Total revenue decreased 15% year-over-year to $4.31 billion, mainly due to the impact of
Infosys Limited (NYSE: INFY) on Thursday reported financial results for the second quarter of 2023. The software giant's revenues grew by 14%. The top line also exceeded the forecast, while earnings came in line with the Street view. Second-quarter revenues
Fast-food chain Domino’s Pizza, Inc. (NYSE: DPZ) reported a 7% increase in revenues for the third quarter of 2022. However, the company’s net profit declined during the period. Third-quarter net profit decreased to $100.5 million or $2.79 per share from
Walgreens Boots Alliance, Inc. (NASDAQ: WBA) reported fourth quarter 2022 earnings results today. Total sales amounted to $32.4 billion compared to $34.2 billion in the same period a year ago. Net loss attributable to Walgreens Boots Alliance, Inc. was $415 million,
Delta Air Lines (NYSE:DAL) reported third quarter 2022 earnings results today. Operating revenue increased 11% to $14 billion compared to the same period in 2019. GAAP net income decreased 54% to $695 million, or $1.08 per share, compared to Q3
PepsiCo, Inc. (NASDAQ: PEP) reported third quarter 2022 earnings results today. Net revenue grew 8.8% year-over-year to $21.97 billion. Organic revenue growth was 16%. Net income attributable to PepsiCo was $2.7 billion, or $1.95 per share, compared to $2.2 billion,
Cannabis company Tilray (NASDAQ: TLRY) has announced financial results for the first quarter of 2023, reporting a wider net loss and a 9% decrease in revenues. The company reported a net loss of $65.8 million or $0.13 per share for
Apparel company Levi Strauss & Co. (NYSE: LEVI) has reported stronger-than-expected adjusted earnings for the third quarter of 2022, though the latest number decreased from last year. There was a modest increase in revenues, but the top line missed estimates.
AngioDynamics Inc. (NASDAQ: ANGO) on Friday reported a wider loss for the first quarter of 2023, despite a modest increase in revenues. The company also reaffirmed its full-year sales forecast. The medical device maker reported an adjusted net loss of
Constellation Brands, Inc. (NYSE: STZ) announced second-quarter 2023 earnings results on Thursday, reporting a 12% increase in net sales. Comparable earnings, adjusted for one-off items, climbed 33% year-over-year to $3.17 per share in the second quarter. On an unadjusted basis,
Packaged Foods company Conagra Brands Inc. (NYSE: CAG) on Thursday said its first-quarter profit increased supported by a 10% revenue growth. Earnings also came in above the consensus forecast. At $2.90 billion, first-quarter net sales were up 9.5% year-over-year. Gross profit
McCormick & Company, Incorporated (NYSE:MKC) reported third quarter 2022 earnings results today. Net sales increased 3% year-over-year to $1.59 billion. Sales grew 6% in constant currency. Net income was $223 million, or $0.82 per share, compared to $212.4 million, or $0.79
Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss following the announcement this week. First-quarter net income dropped to
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted basis, fourth-quarter profit dropped to $1.45per share from $2.42 per
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million, or $1.72 per share, last year. Total retail used units
Paychex Inc. (NASDAQ: PAYX) reported first quarter 2023 earnings results today. Total revenue rose 11% year-over-year to $1.20 billion. Net income grew 14% to $379.2 million, or $1.05 per share, compared to last year. Adjusted EPS increased 16% to $1.03.
Smartphone company BlackBerry Limited (NYSE: BB) has reported total revenues of $168 million for the second quarter of 2023, compared to $175 million in the same period last year. During the three-month period, the tech firm incurred a net loss
Aurora Cannabis, Inc. (NASDAQ: ACB) has reported a wider net loss for the fourth quarter of 2022, mainly due to the impact of non-cash impairment charges. The company’s revenues dropped 8% year-over-year during the quarter. The Canada-based medical marijuana company reported
Warehouse behemoth Costco Wholesale Corporation (NASDAQ: COST) has reported a 15% increase in fourth-quarter 2022 revenues, which translated into double-digit growth in net income. Fourth-quarter revenues increased sharply to $72.09 billion. Total comparable store sales grew 13.7%, with e-commerce sales rising
Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted for special items, dropped to $3.44 per share in the
Darden Restaurants, Inc. (NYSE:DRI) reported first quarter 2023 earnings results. Total sales increased 6.1% year-over-year to $2.4 billion, driven by blended same-restaurant sales growth of 4.2%. Net earnings amounted to $193 million, or $1.56 per share, compared to $231 million,
