Lowe's Earnings Fall Short of Estimates; Shares Slide
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A nascent recovery in the housing market helped Home Depot report higher quarterly sales and earnings on Tuesday.
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A nascent recovery in the housing market helped Home Depot report higher quarterly sales and earnings on Tuesday.
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Best Buy reported weaker-than-expected revenue on Tuesday and warned that a slew of investments to win back shoppers could squeeze profits in the near term.
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J.C. Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
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Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.
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Wal-Mart Stores's quarterly profit just missed Wall Street expectations on Thursday, with sales down 1.4 percent at its Walmart U.S. stores open at least a year.
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Kohl's said on Thursday it expects sales to rebound in the current quarter after bad weather in early spring hurt business at the department store chain.
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Cisco shares jumped after the firm beat on earnings, citing signs of improvement. "I am a little surprised," one trader said, as it was a tough quarter for other networking firms.
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Macy's reported quarterly earnings that beat analysts' expectations, with strong sales that allowed the company to hike its dividend.
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Deere reported higher earnings and forecast a record profit for the full year, even as it warned about "global financial pressures" and "adverse weather patterns."
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Sony said it expects operating profit to hold steady in the year to next March after rising to its highest in five years last year.
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Electric-car manufacturer Tesla reported its first quarterly profit, handily beating expectations. Shares surged after-hours.
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Green Mountain announced it's extending its partnership with Starbucks and delivered earnings that topped expectations. GMCR shares jumped after-hours.
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Groupon's revenue beat expectations as the company's main daily deals business in North America turned in a strong performance. Shares rose after-hours.
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Activision Blizzard warned investors that it expects a challenging second-half of the year. Shares tumbled.
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JC Penney said it expects a sharp drop in revenue in the first quarter, citing strategies of ousted CEO Ron Johnson.
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News Corp. earnings beat expectations as strength in cable offset offset declines in publishing and education. Shares rose after-hours.
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Disney reported earnings and revenue that beat Wall Street expectations for the latest quarter, on strength in its parks and recreation and studio businesses. Shares rose after hours.
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Mondelez beat on earnings and raised its full-year forecast, citing a benefit from a tax item.
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Whole Foods beat on earnings and raised its full-year forecast, saying store sales had recently accelerated. Shares rose after-hours.
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Electronic Arts reported earnings that fell short of analyst expectations but revenue and its outlook topped forecasts.