News . Data . Research
The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from
The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive and reopening brightened consumer sentiment and people have started spending
General Mills, Inc. (NYSE: GIS) reported first-quarter 2022 earnings results today. Net sales increased by 4% year-over-year to $4.5 billion. Organic net sales were up 2%. GAAP net income declined 2% to $627 million, or $1.02 per share, from last
FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today. Total revenues increased to $22 billion from $19.3 billion in the same period a year ago. The company reported a GAAP net income of $1.11 billion, or $4.09 per share,
Adobe Inc (NASDAQ: ADBE) reported third-quarter 2021 financial results after the regular market hours on Tuesday. The software giant reported Q3 revenue of $3.94 billion, up 22% year-over-year and higher than the Wall Street projection. Net income of $3.11 per
AutoZone, Inc. (NYSE: AZO) today reported its fourth-quarter financial results for the period ended August 28 , 2021. Net sales increased 8% to $4.91 billion compared to what analysts had expected. Net income for the fourth quarter was $786 million,
JinkoSolar Holdings Co. (NYSE: JKS) reported second-quarter 2021 earnings results today. Total revenues declined to 6.2% year-over-year to $1.23 billion. Net profit attributable to ordinary shareholders was $10.3 million or $0.05 per share. Adjusted net income was down by 27% at $42.5
Software giant Oracle Corporation (NYSE: ORCL) reported strong growth in the first-quarter profit and revenues. Earnings topped Wall Street’s prediction, while the top-line slightly missed. At $9.7 billion, revenues were up 4% year-over-year in the first three months of fiscal
The Kroger Co. (NYSE: KR) reported second quarter 2021 earnings results today. Total sales were $31.7 billion compared to $30.5 billion in the same period a year ago. Identical sales without fuel decreased 0.6%. Net earnings attributable to The Kroger
Video game retailer GameStop Corp. (NYSE: GME) on Tuesday reported a narrower net loss for the second quarter of 2021, aided by a 25% increase in sales. The company's stock, which has stabilized after the recent roller-coaster ride, dropped soon
Chipmaker Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported stronger-than-expected earnings and revenues for the third quarter of 2021. Its shares made modest gains soon after the announcement. The company posted adjusted earnings of $6.96 per share for the July quarter,
Hewlett Packard Enterprise (NYSE: HPE) reported third quarter 2021 earnings results today. Revenue inched up 1% year-over-year to $6.9 billion. GAAP net income was $392 million, or $0.29 per share, compared to $9 million, or $0.01 per share, in the
DocuSign (NASDAQ: DOCU) reported second-quarter 2022 earnings results today. Total revenue increased 50% year-over-year to $511.8 million. GAAP net loss was $196 million, or $0.13 per share, compared to a loss of $185 million, or $0.35 per share, in the
Signet Jewellers (NYSE: SIG) reported second-quarter 2022 financial results before the regular market hours on Thursday. The jewelry retailer reported Q2 revenue of $1.8 billion, double year-over-year and higher than the Wall Street projection. Net income of $3.57 per share
Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) Tuesday reported higher earnings and revenues for the second quarter of 2022 as demand conditions remained favorable due to pandemic-driven digital transformation and cloud adoption. The results also beat the estimates. Second-quarter net income,
Peloton Interactive, Inc. (NASDAQ: PTON) reported fourth quarter 2021 earnings results today. Total revenue grew 54% year-over-year to $937 million, driven by demand for Connected Fitness products, strong gross additions and low subscription churn levels. The company reported a net loss
Dollar Tree (NASDAQ: DLTR) reported second-quarter 2021 financial results before the regular market hours on Thursday. The discount store chain reported Q2 revenue of $6.34 billion, up 1% year-over-year but lower than the Wall Street projection. Net income of $1.23
Dollar General Corporation (NYSE: DG) reported second-quarter 2021 earnings results today. The discount store chain reported Q2 revenue of $8.7 billion, down 0.4% year-over-year, but above the Wall Street projection. Net income of $2.69 per share was also higher than
Salesforce (NYSE: CRM) reported its second quarter 2022 earnings results today. Total revenue increased 23% year-over-year to $6.34 billion. Revenue grew 21% on a constant currency basis. GAAP net income was $535 million, or $0.56 per share, compared to $2.6
Design software company Autodesk, Inc. (NASDAQ: ADSK) Wednesday reported strong earnings and revenue growth for the second quarter of 2022. The numbers also exceeded analysts’ estimates. The San Rafael, California-based tech firm posted adjusted earnings of $1.21 per share for
Box, Inc. (NYSE: BOX) today reported its second-quarter financial results for the period ended July 31, 2021. Revenue increased 12% to $214.5 million. Second-quarter GAAP net loss was $12.4 million, or $0.08 per share, compared to GAAP net loss of
Dick’s Sporting Goods (NYSE: DKS) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The retail store chain reported Q2 revenue of $3.27 billion, up 21% year-over-year and higher than the Wall Street projection. Net income of
