Category Earnings

Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine-dining sales

Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine-dining sales

A buyer carries an Olive Garden procuring bag in Pittsburg, California, US, on Friday, Dec. 9, 2022.  David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported

Continue ReadingOlive Garden parent Darden Restaurants beats earnings estimates, despite weak fine-dining sales

Polestar second-quarter loss widens as it ramps up EV deliveries

Polestar second-quarter loss widens as it ramps up EV deliveries

The Polestar 3 SUV, initially anticipated late this 12 months, has been pushed into early 2024 due to delays with its Volvo-developed software program. Courtesy: Polestar Swedish electric-vehicle maker Polestar

Continue ReadingPolestar second-quarter loss widens as it ramps up EV deliveries

Jack Daniel’s maker Brown-Forman reports lagging whiskey gross sales, narrower profit

Jack Daniel’s maker Brown-Forman reports lagging whiskey gross sales, narrower profit

Jack Daniel’s Tennessee Whiskey Getty Images Jack Daniel’s maker Brown-Forman on Wednesday fell wanting Wall Street expectations for its first quarter of fiscal 2024, stricken by lagging whiskey gross sales, provide

Continue ReadingJack Daniel’s maker Brown-Forman reports lagging whiskey gross sales, narrower profit

Dollar Tree’s shares sink, as CEO says ‘difficult’ economy is pressuring discounter

Dollar Tree’s shares sink, as CEO says ‘difficult’ economy is pressuring discounter

Shares of Dollar Tree fell on Thursday and hit a 52-week low, after the retailer mentioned clients’ procuring lists have largely narrowed to meals and requirements. The discounter joins a

Continue ReadingDollar Tree’s shares sink, as CEO says ‘difficult’ economy is pressuring discounter

CVS pushes into making cheaper versions of complex drugs with new discount Humira

CVS pushes into making cheaper versions of complex drugs with new discount Humira

Rafael Henrique | Lightrocket | Getty Images CVS Health is partnering with drugmaker Sandoz to supply a close to similar model of the blockbuster arthritis therapy Humira that may promote

Continue ReadingCVS pushes into making cheaper versions of complex drugs with new discount Humira

Lowe’s sticks by full-year earnings forecast despite weakening gross sales, as spring projects offer a boost

Lowe’s sticks by full-year earnings forecast despite weakening gross sales, as spring projects offer a boost

The Lowe’s brand is displayed on the entrance of the shop close to Bloomsburg. Paul Weaver | Lightrocket | Getty Images Lowe’s reported blended fiscal second-quarter outcomes on Tuesday, as

Continue ReadingLowe’s sticks by full-year earnings forecast despite weakening gross sales, as spring projects offer a boost

Macy’s beats sales estimates, but stands by cautious full-year forecast as shoppers watch their dollars

Macy’s beats sales estimates, but stands by cautious full-year forecast as shoppers watch their dollars

Macy’s retailer in Herald Square in New York. Scott Mlyn | CNBC Macy’s on Tuesday topped Wall Street’s quarterly sales expectations, even as it struck a cautious notice about client

Continue ReadingMacy’s beats sales estimates, but stands by cautious full-year forecast as shoppers watch their dollars

Roblox shares drop after company misses estimates on top and bottom line

Roblox shares drop after company misses estimates on top and bottom line

Roblox Corporation Founder and CEO David Baszucki. Steve Jennings | Getty Images Shares of Roblox fell 8% in premarket buying and selling Wednesday after the company reported second-quarter results that missed analysts’

Continue ReadingRoblox shares drop after company misses estimates on top and bottom line

Novavax shares jump after Covid vaccine maker posts surprise quarterly profit

Novavax shares jump after Covid vaccine maker posts surprise quarterly profit

Medical syringes and Novavax brand displayed within the background are seen on this illustration photograph taken in Krakow, Poland on December 2, 2021. Jakub Porzycki | NurPhoto | Getty Images

Continue ReadingNovavax shares jump after Covid vaccine maker posts surprise quarterly profit