Earnings

Oracle reported better-than-expected earnings for its fiscal fourth quarter after customers spent more money on cloud services. The stock rose slightly in extended trading after falling 0.5 percent to $46.27 at the close. But after the company provided guidance, the stock tumbled. Here are the numbers: Earnings: Excluding certain items, 99 cents per share vs.
0 Comments
GameStop on Thursday reported first-quarter same-store sales that missed analysts’ estimates due to a drop in sales of video game hardware and software at its outlets. Shares of the world’s largest video game retailer fell 4 percent to $12.65 in extended trading. GameStop said its comparable store sales fell 5.3 percent in the latest quarter
0 Comments
Warehouse club operator Costco Wholesale reported third-quarter results that topped analysts’ estimates, but price cuts and higher freight costs weighed on its gross margins, sending its shares lower in extended trading. The retailer has aggressively cut prices in order to lure back customers to its wholesale supermarkets, following Amazon.com’s foray into brick-and-mortar retail with the
0 Comments
Discount store operator Dollar Tree on Thursday reported first-quarter same-store sales that missed analysts’ estimates as performance at its namesake and Family Dollar banner lagged due to colder-than-normal spring weather. Sales at established stores open for more than a year rose 1.4 percent, lower than the average analysts’ estimate of 2.19 percent, according to Thomson
0 Comments
Box investors came into Wednesday’s quarterly report with high expectations after the stock’s 32 percent rally this year. Even though the company’s fiscal first-quarter results topped estimates, the shares dropped as much as 10 percent Thursday morning. Here are the key numbers from the report: Earnings: Excluding certain items, loss of 7 cents per share
0 Comments