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Garmin today reported its fourth quarter 2017 results. The Swiss-based firm saw its sales increase 3% to $888 million vs the same
Garmin today reported its fourth quarter 2017 results. The Swiss-based firm saw its sales increase 3% to $888 million vs the same quarter of 2016. Adjusted earnings came in at $0.79 per share, which is an improvement of 8% year-over-year.
Direct-broadcast satellite service provider DISH Network today reported a revenue decline of 7.2% for its fourth quarter to $3.48 billion. Earnings were hurt by a fall in subscriber-related revenue, which was driven by continuing decline in its DISH TV subscriber
Retail conglomerate Walmart suffered an earnings setback during the holiday season as higher expenses, mainly those related to promotional activities, ragged margins. Failing to benefit from higher comparable sales, the bottom line came in below market expectations. Walmart e-commerce sales
Home improvement specialty retailer Home Depot reported an upbeat financial performance in the fourth quarter, driven primarily by higher customer traffic and a healthy home improvement market. The Atlanta, Georgia-based company, which recently acquired The Company Store, an online and
King of mayonnaise and ketchup, The Kraft Heinz Company, posted its fourth-quarter results Friday with net sales inching 0.3% up to $6.88 billion. Net income attributable to common stockholders was $8 billion or $6.52 per share compared to $944 million
Spotify has undoubtedly won the admiration of music lovers, with over 60 million subscribers to date. And now it is gearing up to win some investors, that too, in a not much treaded path. The Swedish company, which unveiled its
Retail giant Walmart, which is planning to invest in Flipkart, an India-based e-commerce company, reported its fourth quarter 2018 results on Tuesday. Net income attributable to Walmart plunged 42% year-over-year to $2.18 billion, hurt by restructuring and impairment charges. On
Home improvement chain Home Depot reported its fourth-quarter results Tuesday and the company saw a sales jump of 7.5% year-over-year to $23.8 billion. Net earnings increased 2% to $1.77 billion, while GAAP earnings per share jumped 5.5% to $1.52 per
Soft drink giant Coca-Cola reported a 20% fall in revenues in the most recent quarter, hurt by continued weakness in its beverages business in North America. The company posted a net loss of $0.66 per share, owing to charges related
Tailing its lover PepsiCo, the red-giant Coca-Cola announced its fourth quarter results on Friday — the week that has Valentine's day in it. Much like Pepsi, The Coca-Cola Company saw net revenue dip 20% to $7.51 billion. Net loss was
The rapid rise of ride-sharing platforms such as Lyft and Uber around the globe is touted to disrupt the transportation industry (Tier 1 cities have already seen the shift). According to KraneShares, the "passenger economy" is forecasted to contribute $8
Amazon is now worth more than Microsoft. The e-commerce giant’s market value rose to about $702.5 billion on Wednesday, ahead of Microsoft whose market cap stands at $699.2 billion. Amazon now stands as the third most valuable company in
Multi-talented giant Groupon saw its shares dip over 9% on February 14 after it posted final quarter results of 2017. With revenue sliding and profits missing street outlook, the higher EBITDA didn't instill confidence in shareholders the way the coupon-giant
Many love stories stand the test of time, but this one on its own class. Sugary giants PepsiCo and Coca-Cola have been in a relationship for ages. If you think they are at war, think again. Coke and Pepsi are
Under Armour (NYSE: UAA) Earnings Snapshot: Revenue $1.36 billion (Up 4.6% year-over-year) Net Loss $87.9 million Adjusted Net Loss $1 million (excluding charges related to the the US tax reforms) Loss Per Share $0.20 Adjusted EPS $0.00 2018 Outlook
Global IPO market made a big comeback in 2017 since the financial crisis. After a grim IPO activity in 2016, the US stock market flourishes on a bull-run in 2017. There were 160 IPOs in the US in 2017 raising
