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Chipmaker Micron Technology Inc. (NASDAQ: MU) reported a 4% decline in earnings for the third quarter of 2020 due to higher costs
Chipmaker Micron Technology Inc. (NASDAQ: MU) reported a 4% decline in earnings for the third quarter of 2020 due to higher costs and expenses despite a 14% jump in the top-line. Despite challenges in the macro-environment, the company's exceptional execution
Nike Inc. (NYSE: NKE) slipped to a loss in the fourth quarter of 2020 from a profit last year due to the closure of its stores arising from the rapid spread of the COVID-19 pandemic. The results missed analysts' expectations.
FactSet Research Systems Inc. (NYSE: FDS) reported its financial results for its third quarter ended May 31, 2020. The top-line rose by 3% driven by higher sales of analytics, content, and technology solutions (CTS), and wealth management solutions. FactSet increased
McCormick & Company, Incorporated (NYSE: MKC) reported its financial results for the second quarter ended May 31, 2020. The results were significantly impacted by a shift in consumer demand resulting from the COVID-19 pandemic. The company's exceptional consumer segment growth
Rite Aid Corporation (NYSE: RAD) reported a narrower loss in the first quarter of fiscal 2021 as an increase in the store traffic drove the top-line higher. The company withdraws its fiscal 2021 guidance. The company witnessed an increase in
BlackBerry Limited (NYSE: BB) reported a wider loss in the first quarter of 2021 due to the slowdown in the auto industry supply chain arising from the COVID-19 pandemic. The top-line dropped by 17% year-over-year. The bottom-line exceeded the analysts'
KB Home (NYSE: KBH) reported mixed results for the second quarter of 2020. The homebuilder's earnings stood at $0.55 per share compared to the market's estimates of $0.49 per share. Revenue of $914 million missed the analysts' target of $1.07
CarMax Inc. (NYSE: KMX) reported a 98% dip in earnings for the first quarter of 2020 as the results were hurt by the combined effects of COVID-19-related store closures and restrictions on operations, as well as reduced customer traffic resulting
The Kroger Co. (NYSE: KR) reported a 57% jump in earnings for the first quarter of 2020 driven by higher sales. The significant investments in Restock Kroger helped the company deliver improved results as the fresh food and essentials were
H&R Block, Inc. (NYSE: HRB) reported its financial results for the fiscal year ended April 30, 2020. The COVID-19 pandemic, along with the related extension of the US federal tax filing deadline from April 15 to July 15, resulted in
Oracle Corporation (NYSE: ORCL) reported a 17% dip in earnings for the fourth quarter of 2020 due to higher interest expenses and lower non-operating income. Total revenues declined by 6% year-over-year. Cloud Services and License Support revenues were $6.85 billion,
E-commerce marketplace Groupon Inc. (NASDAQ: GRPN) reported a loss for the first quarter of 2020, compared to profit last year. The bottom line, however, beat the market's prediction, driving the stock higher during Tuesday's after-hours session. Net loss, on an
JinkoSolar Holding Co. Ltd. (NYSE: JKS) reported a 602% jump in earnings for the first quarter of 2020 as higher solar module shipments drove the top-line higher. While expecting global installations to fall by around 25% from last year due
Dave & Buster's Entertainment Inc. (NASDAQ: PLAY) slipped to a loss in the first quarter of 2020 from a profit last year, due to the temporary closure of its 137 stores since March 20 in compliance with COVID-19 mitigation mandates
Adobe Inc. (NASDAQ: ADBE) reported a 74% jump in earnings for the second quarter of 2020 driven by higher revenue. This came in the midst of the COVID-19 pandemic crisis. Adobe announced that given the macroeconomic environment, it significantly accelerated
PVH Corp. (NYSE: PVH) swung to a loss in the first quarter of 2020, hurt by the COVID-19 pandemic. The company also expects the revenue decline in Q2 to be more pronounced than in the first quarter. PVH stock, which
HEXO Corp. (TSX: HEXO; NYSE: HEXO) reported a wider loss in the third quarter of 2020 due to higher expenses. The top-line jumped by 70% year-over-year. The company expects that the continued spread of COVID-19 globally could have an adverse
Casey's General Stores Inc. (NASDAQ: CASY) reported its financial results for the quarter ended April 30, 2020, on June 8, Monday after the market closes. The results were impacted by the unprecedented challenges created by the COVID-19 pandemic crisis. Looking
Guess? Inc. (NYSE: GES) reported a wider loss in the first quarter of 2021 due to lower revenue, asset impairment charges as well as additional inventory valuation reserves and higher allowances for markdowns and doubtful accounts. The COVID-19 crisis has
Five Below Inc. (NASDAQ: FIVE) slipped to a loss in the first quarter of 2020 from a profit last year, due to the temporary closures of its stores after the rapid spread of the COVID-19 pandemic. The bottom-line was wider
Pet food company Chewy Inc. (NYSE: CHWY) reported a wider net loss for the first quarter of 2020, sending the stock lower during Tuesday's extended trading session. The results, meanwhile, topped the Street view. The company reported a net loss
