Browsing Tag

corporate earnings

13 posts
Kohl’s shares plunge 22% on weak sales forecast, new CEO warns turnaround will take ‘some time’

Kohl’s shares plunge 22% on weak sales forecast, new CEO warns turnaround will take ‘some time’

Kohl’s on Tuesday forecast weaker-than-expected sales and its new chief executive warned…
Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs

Estée Lauder sinks nearly 20% on weak quarterly sales; plans to slash up to 7,000 jobs

Cosmetics giant Estée Lauder Estee Lauder announced a major restructuring plan on Tuesday that…
Foot Locker shares plunge 14% on soft holiday demand — especially for Nike products

Foot Locker shares plunge 14% on soft holiday demand — especially for Nike products

Foot Locker shares plunged 14.3% on Wednesday after the company reported earnings…
Tesla shares jump as EV maker posts better-than-expected profit of $2B

Tesla shares jump as EV maker posts better-than-expected profit of $2B

Elon Musk’s Tesla said on Wednesday it expects to achieve slight growth in…
Birkenstock shares plunge more than 15% after sandal maker misses profit estimates

Birkenstock shares plunge more than 15% after sandal maker misses profit estimates

Birkenstock shares plunged more than 15% on Thursday after the sandal maker…
SEC probe of B. Riley widens as struggling firm’s stock drops more than 50% on profit warning

SEC probe of B. Riley widens as struggling firm’s stock drops more than 50% on profit warning

The feds have widened a probe of financial irregularities at B. Riley,…
This is how much you need to earn to buy a home in America’s top 50 metros – see where NY ranks

This is how much you need to earn to buy a home in America’s top 50 metros – see where NY ranks

The minimum income required to buy a home now hovers at $116,000…
Target doubling bonuses for its salaried employees this year: report

Target doubling bonuses for its salaried employees this year: report

Target is reportedly doubling bonuses for its salaried workers this year in…
P&G’s earnings show higher-priced household items haven’t turned consumers away

P&G’s earnings show higher-priced household items haven’t turned consumers away

Procter & Gamble’s price hikes boosted its earnings in the latest quarter,…
Meta Q3 revenue surges to $34B on advertising demand, sending shares soaring

Meta Q3 revenue surges to $34B on advertising demand, sending shares soaring

Mark Zuckerberg’s Meta beat expectations for third-quarter revenue on Wednesday as its social…