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Cannabis producer HEXO Corp. (NASDAQ: HEXO) has reported a narrower net loss for the first quarter of 2023 amid a sharp fall
Cannabis producer HEXO Corp. (NASDAQ: HEXO) has reported a narrower net loss for the first quarter of 2023 amid a sharp fall in operating expenses. The Canada-based company’s revenues decreased in double-digits during the three-month period. Net loss and comprehensive
Lennar Corporation (NYSE: LEN) reported total revenues of $10.2 billion for the fourth quarter of 2022, up 21% from the same period last year. Net earnings attributable to Lennar were $1.3 billion, or $4.55 per share, compared to $1.2 billion, or
Zedge, Inc. (NYSE American: ZDGE), a provider of digital publishing services, has reported a 15% increase in first-quarter 2023 revenues, but the company’s bottom line slipped into the negative territory amid an increase in operating expenses. Total revenues increased 15%
Software giant Oracle Corporation (NYSE: ORCL) Monday said its second-quarter revenues rose 18%. Meanwhile, adjusted earnings remained unchanged year-over-year. The results beat Wall Street's forecasts. At $12.3 billion, revenues were up 18% year-over-year in the second quarter of fiscal 2023.
DocuSign, Inc. (NASDAQ: DOCU), a leading provider of digital signature services, has announced financial results for the third quarter of 2023, reporting a modest decline in adjusted profit and higher revenues. On an adjusted basis, the company reported earnings of
Chipmaker Broadcom, Inc. (NASDAQ: AVGO) Thursday reported better-than-expected earnings and revenues for the fourth quarter of 2022. Net profit was $10.45 per share in the final three months of the fiscal year, on an adjusted basis, up from last year’s
Costco Wholesale Corporation (NASDAQ: COST) reported first quarter 2023 earnings results today. Net sales increased 8.1% to $53.44 billion compared to the same period a year ago. Comparable sales were up 6.6%. Net income was $1.36 billion, or $3.07 per share,
Dave & Buster’s Entertainment, Inc. (NASDAQ: PLAY), which operates a chain of casual dining and leisure facilities, reported a sharp fall in third-quarter earnings, despite a double-digit increase in revenues. Comparable-store sales increased at a faster pace. The Dallas-based company reported
GameStop Corp. (NYSE: GME) reported a narrower net loss for the third quarter of 2022 despite the gaming company’s sales decreasing year-over-year. The company reported a net loss of $94.7 million or $0.31 per share for the latest quarter, on a
Stitch Fix, Inc. (NASDAQ: SFIX) has reported a wider loss for the first quarter of 2023. Revenues declined sharply as inflationary pressures continued to squeeze people's spending power. The results also missed estimates. The personal styling services company reported a
Campbell Soup Company (NYSE: CPB) reported first quarter 2023 earnings results today. Net sales increased 15% year-over-year to $2.57 billion. Organic sales growth was 15%. Net earnings attributable to Campbell Soup Company was $297 million, or $0.99 per share, compared to
AutoZone, Inc. (NYSE: AZO) reported first quarter 2023 earnings results today. Net sales increased 8.6% year-over-year to $4 billion. Domestic same-store sales increased 5.6%. Net income decreased 2.9% to $539.3 million, while EPS increased 6.9% to $27.45 versus the year-ago period. At quarter-end, AutoZone
Ulta Beauty, Inc. (NASDAQ: ULTA) has reported a sharp increase in sales for the third quarter of 2022 when the beauty store chain's comparable store sales rose in double digits. The company also raised its full-year 2022 guidance. At $2.34
Content management platform Box Inc. (NYSE: BOX) has reported strong growth in revenues and adjusted earnings for the third quarter of 2023. The company also provided guidance for the fourth quarter and fiscal 2023. Third-quarter net income, on an adjusted
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to the company, on an adjusted basis, rose to $0.88 per
Discount store chain Five Below Inc. (NASDAQ: FIVE) has reported lower profit for the third quarter of fiscal 2022, despite a 6% increase in sales. Comparable store sales declined by 2.7%. Five Below's net sales increased 6.2% year-over-year to $645.0
Dollar General Corporation (NYSE: DG) reported third quarter 2022 earnings results today. Net sales increased 11.1% to $9.5 billion compared to the same period a year ago, driven mainly by positive sales contributions from new stores and growth in same-store
CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported total revenue of $580.9 million for the third quarter of 2023, up 53% from the same period a year ago. GAAP net loss attributable to CrowdStrike was $55 million, or $0.24 per share, compared to
Hormel Foods Corporation (NYSE: HRL) reported fourth quarter 2022 earnings results today. Net sales decreased 5% year-over-year to $3.3 billion. Organic net sales were up 2%. Net earnings attributable to Hormel Foods Corporation were $279.8 million, or $0.51 per share,
Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) Tuesday reported higher earnings and revenues for the fourth quarter of 2022. The bottom line also exceeded analysts' forecasts. Fourth-quarter profit, excluding one-off items, moved up to $0.57 per share from
Intuit (NASDAQ: INTU) reported first quarter 2023 earnings results today. Total revenue grew 29% year-over-year to $2.6 billion. Net income was $40 million, or $0.14 per share, compared to $228 million, or $0.82 per share, last year. Adjusted EPS increased
