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Bourbon is in, and apparel is out. That’s the story if you look at the earnings picture today. Abecrombie & Fitch cannot catch a break. Third-quarter earnings were about in line with expectations, but EPS of 42 cents is poor in comparison to last year’s 52 cents. Traffic was weak, and with about 30 percent …
Lowe’s, the nation’s No. 2 U.S. home-improvement retailer, on Wednesday raised its full-year profit and sales forecast as home owners boosted spending on renovations. The company’s shares moved higher in trading following the report. (Get the latest quote here.) The company posted third-quarter earnings of 59 cents per share, up from 47 cents a share in …
Home Depot reported adjusted earnings that missed estimates by a penny a share on Thursday, and said it was still trying to determine the total cost of a recent consumer data breach. Shares for the company fell in premarket trading immediately following the announcement. (Get the latest quote on Home Depot here.) Earnings for America’s …
Shares of Wal-Mart shot up after the retailer posted earnings that topped forecasts.
Macy’s posted mixed quarterly results, but investors bought up shares of the world’s largest department store anyway. What did investors see behind those numbers?
Big brick-and-mortar retailers prepare to post earnings as they gear up for the busiest shopping season on the year. Courtney Reagan tells us what to expect.
Disney reported earnings and revenue that met expectations, but Wall Street didn’t seem impressed.
Qualcomm posted an earnings miss as the chipmaker’s results were negatively impacted by challenges it faces in China.
Media companies report earnings this week as the industry undergoes a massive transformation, but can they keep pace with changing consumer habits?
Two of the great darlings of momentum traders are reporting good earnings, but with sales growth slowing, they are getting hurt. Momentum trading is a fiscal business. Traders want revenue growth, preferably growth of at least 20 percent, but 30 percent or 40 percent is better. When earnings growth decelerates, it can be difficult. Look …
It’s a big week for media earnings: Fox reports after the bell Tuesday, Wednesday we hear from Time Warner in the morning and CBS in the afternoon, Thursday afternoon from Disney. These earnings come at a turning point for the industry. Just weeks ago, HBO and CBS announced big moves to launch direct-to-consumer streaming services, …
Despite a sharp drop in crude oil prices in October, two of the nation’s biggest oil companies managed to increase profits last quarter.
Bertha Coombs tells us what Wall Street will be watching for as health care companies report earnings this week.
UPS delivered strong earnings for shareholders, but investors are focused on how the company will handle the holiday season.
With more Americans flying and oil prices falling to $82 a barrel, a handful of U.S. carriers reported very strong third quarter earnings.