FedEx's employee compensation and other expenses weighed on results. » Read More
Cheerios cereal maker General Mills missed analysts' estimates for quarterly sales, hit by lower demand for its snacks and yogurts in the U.S. » Read More |
By: Jordan Novet
Oracle reported revenue that missed analysts' estimates even as profit was better than expected. » Read More |
Broadcom forecast current-quarter revenue largely above estimates on higher demand for components that power data centers. » Read More |
GameStop, the world's largest video game and gaming console retailer, reported a lower-than-expected quarterly profit on Thursday due to lower sales of video game software at its outlets.
The company's stock drops more than 9 percent, adding to its 14.7 percent decline this year.
The athletic apparel retailer also raises its profit and sales outlook for the full year.
Shares of American Outdoor Brands Corporation jumped more than 20 percent after the bell on Thursday after the company reported earnings that beat Wall Street analysts' expectations.
"Fiscal 2018 was a challenging year for Campbell," interim President and CEO Keith McLoughlin says.
Sales at Dick's Sporting Goods stores open for at least 12 months also tumbled by a bigger-than-expected 4 percent during the quarter ended Aug. 4, which was partly blamed on Under Armour.
Hewlett Packard Enterprise said it grew revenue by 3.5 percent in its fiscal third quarter.
The company's quarterly report revealed slower billings growth, according to analysts for Rosenblatt, adding uncertainty to the second half of the year.
Best Buy's third-quarter outlook is much lower than estimates.
Shares of DSW surge after the company posted quarterly results that easily topped analyst expectations.
Tiffany topped quarterly same-store estimates as the upscale retailer sold more jewelry in the Americas and Asia-Pacific regions.
"Fortnite" live streams are pulling in numbers that are bigger than some cable television shows.
The news overshadows a beat on earnings and revenue for the second quarter.
HP beat analysts' expectations for the fiscal third quarter, and guidance was in line with estimates.
Victoria's Secret has struggled as it has lost touch today's consumer, who craves comfort over sultry.
Revenue soared 61 percent year over year, boosted by its core e-commerce business and fast-growing cloud division, but earnings fell short expectations.
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