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IT services provider Accenture (ACN) reported positive top and bottom line results for the second quarter. Revenue climbed by 14.9% to $10.06
IT services provider Accenture (ACN) reported positive top and bottom line results for the second quarter. Revenue climbed by 14.9% to $10.06 billion, driven by a foreign exchange impact of positive 5.5%. Earnings, on a per share basis, drove up
Five Below (FIVE), which announces itself as the "extreme-value retailer for tweens, teens and beyond," went above and beyond investor estimates while posting its final quarterly results and on Wednesday. While shares closed on the lower side — at $66.96
FedEx Corp. (FDX) posted third-quarter 2018 results that exceeded market expectations. The company’s revenue and EPS numbers were higher compared to analyst estimates as well as prior-year figures fuelled by the tax reform and a healthy holiday season. FedEx appears
Cosmetics company Revlon (REV) reported declines in top and bottom line results, primarily hurt by steep fall in sales in North America. However, international growth was a big positive for the Elizabeth Arden segment compared to other segments, gaining 2.3%
Fashion brand Perry Ellis (PERY) reported double digit growth in its fourth quarter sales, primarily fueled by high margin core brands and channels which surged 19% year-over-year, along with international sales growth of 33%. Sales jumped 11.3% to $227.3 million.
It’s no big secret that investment in biotech stocks can offer great returns for investors, and at the same time do some serious damage also. Some of these companies not only tackle serious issues like cancer but also prove to
Pet health and wellness company PetIQ (PETQ) reported a 15.5% jump in sales, while net loss widened to $3.39 million. The increased net loss was largely due to the one-time non-cash tax expense of $3.4 million, or $0.16 per diluted
The biggest achievement attributable to Apple in the recent times was in the form of a device; rather it was the consistency the stock displayed, which even rocked the obstinate ideology of tech-averse Warren Buffett. Not only is Buffett now
Sporting goods retailer Dick's Sporting Goods today reported a spike in its top and bottom line numbers, driven by tax gains and e-commerce sales. Sales increased 7.2% to $26.6 billion from the year-ago period. Profit spiked considerably by 28.5% to
Agreed these are troubling times for the retail segment. But that doesn’t mean investors would take stocks for granted if they publish better-than-expected results. In fact, investors would be keener to find out the health of the retailer to make
Mountain resort company Vail Resorts reported positive top and bottom line results for the second quarter. Profit was driven by a one-time tax benefit of about $64.6 million or $1.55 per share, which lifted earnings by 57.9% year-over-year to $235.7
Membership-only warehouse club operator Costco (COST) reported a 10.7% spike in sales for the quarter, while earnings jumped 36.1%, driven by a benefit of $0.17 a share from the U.S. tax overhaul. For the second quarter, revenue increased to $32.2 billion
Upscale casual wear retailer Abercrombie & Fitch Co. today reported a 52% jump in its earnings, driven by a double-digit increase in sales and favorable changes in forex rates. For the quarter, comparable sales increased 9%, with Hollister up 11%
Much has been written and said about the current state of the retail industry so instead of dwelling on that any longer, let’s move on to our retailer of the day — Target. Just like Macy’s and Gap Inc., Target
Software and services company Autodesk (ADSK) reported a 15.6% increase in revenue for fourth quarter 2018, driven by ARR growth and double digit revenue growth from all geographies. Subscription plan Annualized Recurring Revenue (ARR) surpassed maintenance plan for the first
Technology solutions company Analogic Corporation (ALOG) reported an overall decline in top and bottom line results for the quarter, hurt by revenue decline, especially in the Medical Imaging segment of 12% year-over-year. Profit dipped 12.9% to $6.54 million. Revenue for
J. C. Penney today reported earnings for its holiday quarter, reflecting marginal gains in sales, impacted by lower promotional activity and inventory reductions. Sales climbed 1.7% to $4.03 billion compared to $3.96 billion a year earlier. Profit, meanwhile, had a
Gap Inc. reported an 8% increase in total sales for its fourth quarter of 2017 while its same-store sales beat market expectations. The solid results sent the stock soaring after the earnings report. The Old Navy brand continues to be
Home products and electronics retailer Best Buy reported splendid holiday-quarter sales and earnings. Sales jumped 13.9% to $15.3 billion, driven by both domestic and international segments contributing double-digit percentage increase in sales year-over-year. Profit for the quarter, however, was impacted
Cloud computing company Salesforce posted solid revenue growth along with a better-than-expected profit for its fourth quarter of 2018. Revenues for fiscal year 2018 were also up 25% year-over-year, above estimates. The company also raised its outlook for fiscal year
Generic and specialty pharmaceuticals company Mylan reported a 41.4% plunge in its fourth quarter earnings to $244.3 million, impacted by the recognition of a tax benefit in the prior year of $192.6 million as compared to tax expense in the
