— Nordstrom Inc. (NYSE: JWN) reported Q4 2019 earnings of $1.23 per share, vs. $1.47 expected.
— Sales grew 1.3% to $4.4 billion, vs. $4.5 billion expected.
— EBIT totaled $299 million, or 6.7% of net sales.
— Gross margin fell 9 basis points to 35%.
— Digital sales grew 9%.
— FY2020 net sales growth is expected to be 1.5-2.5%.
— FY2020 EPS is expected to be $3.25-3.50.
— JWN shares fell 8% immediately following the announcement.
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after
Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to
Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up