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.
VinFast electrical autos are parked earlier than supply to their first clients at a retailer in Los Angeles, March 1, 2023. Lisa Baertlein | Reuters Vietnamese electrical car maker VinFast‘s
The Micron Technology Inc. workplaces in Shanghai on April 6, 2023. Qilai Shen | Bloomberg | Getty Images Check out the corporations making headlines in prolonged buying and selling. Micron
Continue ReadingStocks making the biggest moves after hours: Micron, Peloton, Jefferies and more
Pavlo Gonchar | Lightrocket | Getty Images Check out the firms making headlines in noon buying and selling. Media shares — A handful of media and studio shares rose Wednesday
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.
Costco on Tuesday reported quarterly earnings that topped Wall Street’s expectations, as buyers turned to the membership membership for groceries however purchased fewer big-ticket gadgets. On an earnings name, Chief
Continue ReadingCostco tops quarterly earnings expectations, even as sales remain soft
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
Shares of Tesla (TSLA) edged decrease Friday after Barclays forecasted the mega-cap title would miss on supply outcomes. Wall Street analysts count on Tesla to report third-quarter deliveries of 455,000
A paramedic prepares doses of AstraZeneca vaccine for sufferers at a walk-in COVID-19 clinic inside a Buddhist temple in the Smithfield suburb of Sydney on August 4, 2021. Saeed Khan
Continue ReadingStocks making the biggest moves premarket: AstraZeneca, Wayfair, Alibaba and more
A pedestrian walks by a FedEx truck on June 20, 2023 in San Francisco, California. Justin Sullivan | Getty Images Here are the shares making notable moves earlier than the
Continue ReadingStocks making the biggest moves premarket: FedEx, KB Home, Klaviyo and more