Earnings

Foot Locker shares soared on Friday after the shoe company crushed Wall Street’s profit projections and reported same-store sales growth that more than doubled expectations. The company’s management pointed to its emphasis on product diversity, strategic partnerships and improvements to both its in-store and digital locations for the earnings and revenue beats. Same-stores sales growth
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Off-price apparel retailer TJX reported better-than-expected quarterly same-store sales on Wednesday, as steep discounts drove more shoppers to its T.J. Maxx and Marshalls stores during the holiday season. Shares of the Framingham, Massachusetts-based company rose 2 percent before the bell. TJX has opened more stores and largely depended on its deep in-store discounts to drive
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Home Depot on Tuesday morning reported earnings and sales for the fourth quarter that missed analysts’ expectations. Its shares were down more than 3 percent in premarket trading on the news. Here’s what Home Depot reported for the fourth quarter compared with what analysts were expecting, based on data from Refinitiv: *Earnings per share, adjusted:
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Macy’s on Tuesday reported earnings and sales for the holiday quarter that beat analysts’ expectations. The department store chain also announced a restructuring plan that it said should help it generate annual cost savings of $100 million. It said part of this plan consists of reorganizing upper management, cutting 100 vice-president level or above roles,
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Etsy jumped 10 percent in extended trading Monday after reporting fourth-quarter earnings that beat expectations. The company reported fourth quarter earnings of $0.32 per share on revenues of $200 million. Analysts had expected EPS of $0.21 on revenues of $194.9 million. “By making Etsy a great destination for holiday shopping, we delivered strong fourth-quarter results
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Dropbox stock rose slightly and then fell more as much as 3 percent after the tech company reported better-than-expected fourth-quarter earnings on Thursday. Here’s how the company did: Earnings: 10 cents per share, excluding certain items, vs. 8 cents per share as expected by analysts, according to Refinitiv. Revenue: $375.9 million, vs. $370 million as
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Domino’s on Thursday reported quarterly earnings and revenue that missed analysts’ expectations. Shares of the company plunged 8 percent in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.62, adjusted, vs. $2.69 expected Revenue: $1.08 billion vs. $1.10
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CVS Health on Wednesday reported mixed fourth-quarter results. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.14, adjusted, vs. $2.05 expected Revenue: $54.42 billion vs. $54.58 billion expected For the full year of 2019, CVS forecasts adjusted earnings between $6.68
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Garmin reported quarterly results that beat Wall Street estimates on Wednesday on the back of higher demand for its smartwatches and navigation systems and forecast full-year revenue above expectations. Shares of the company rose 4.2 percent to $73.97 in light trading before the bell. Garmin, which started as a navigation device maker, has benefited in
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Medical device maker Medtronic on Tuesday beat Wall Street estimates for quarterly profit, driven by higher sales in its surgical products unit and restorative therapies group. Its fast-growing minimally invasive therapies business, which makes surgical instruments and endoscopy products, brought in revenue of $2.12 billion, above analysts’ expectation of $2.08 billion. The company said it
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Under Armour shares initially jumped more than 5 percent on Tuesday after the athletic apparel maker reported better-than-expected fourth-quarter earnings and sales. The sneaker maker earned 9 cents a share on an adjusted basis, topping expectations of 4 cents, based on a poll by Refinitiv. Sales during the quarter were $1.39 billion, again ahead of
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Chipotle reports fourth-quarter earnings after the bell Wednesday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv: Earnings per share: $1.37 per share Revenue: $1.19 billion Same-store sales growth: 4.49 percent Thanks to CEO Brian Niccol’s popularity with investors, Chipotle’s stock had its best year since 2013 last year, with
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Twitter is expected to report its fourth quarter 2018 earnings before the bell on Thursday. Here are the numbers analysts are expecting: Earnings per share: 25 cents expected, per Refinitiv consensus estimate Revenue: $868.1 million expected, per Refinitiv consensus estimate Monthly active users (MAUs), excluding SMS users: 321.1 million expected, according to FactSet consensus Investors
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Tapestry blamed falling tourist spending and a slowing global economy for a cut in its forecast for full-year adjusted profit on Thursday, as it reported disappointing holiday numbers and a fall in sales at Kate Spade handbags. Shares of the New York-based fashion house fell 12 percent to $34.53 in early trading after it said
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Skechers stock rocketed 16 percent higher in premarket trading after the shoemaker gave strong profit guidance for the quarter ahead while reporting better-than-expected fourth-quarter earnings Thursday evening. “2018 was a year of record sales—our first fourth quarter of over a billion dollars and, combined with three previous record quarters, a new annual sales record of
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Philip Morris International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations. Shares of the company rose 4 percent in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.25, adjusted, vs. $1.16 expected Revenue: $7.5 billion
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Video game stocks are getting killed Wednesday after two of the top companies in the space reported quarterly earnings. Shares of EA were trading roughly 15 percent down ahead of the market open Wednesday, a day after the company cited “intense competition” in the space as contributing to a revenue miss for its fiscal third
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Independent research firm Bespoke Investment has uncovered an earnings trend that hasn’t happened since the bull market started. According to its co-founder Paul Hickey, companies are seeing their strongest stock price performances on the days they’re reporting earnings in a decade. “The average return of companies reporting earnings so far this earnings season has been
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