Nike misses revenue expectations for the first time in two years, beats on earnings and gross margin

Nike reported revenue Thursday that fell in need of Wall Street’s gross sales expectations for the first time in two years, however it beat on earnings and gross margin estimates.
Costco Wholesale (COST) delivered stable fiscal 2023 fourth-quarter outcomes after the closing bell Tuesday, beating expectations on each the prime and backside traces and enhancing gross margins yr over yr.
There was a number of consumer inventory research from Wall Street on Friday, together with studies on Club names Costco (COST), Procter & Gamble (PG), beer maker Constellation Brands (STZ)
Continue ReadingOur takes on new Wall Street research analyzing 4 Club consumer stocks
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
In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the corporations making headlines in noon
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(*11*)(*11*)The S & P 500 index measures the efficiency of 500 of the largest publicly traded corporations on inventory exchanges in the U.S. These corporations span 11 completely different market
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A buyer enters a Lululemon retailer on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18% jump
Continue ReadingLululemon sees sales and profit jump 18%, boosts full-year guidance
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
Check out the firms making headlines in prolonged buying and selling on Thursday. Customers stroll by way of a shopping center alongside the Magnificent Mile in Chicago, March 15, 2023.
Continue ReadingStocks making the biggest moves after hours: Affirm, Gap, Marvell and more
Gap reported blended outcomes on Thursday and underwhelming current-quarter steerage because the longtime mall retailer warned of an “unsure shopper” and posted another quarter of declining sales across all 4