Earnings

American Eagle Outfitters on Wednesday forecast strong earnings for the key holiday selling season and delivered third-quarter comparable sales ahead of Wall Street targets, driven by robust demand for its Aerie line of lingerie. The news sent shares of the apparel maker up nearly 4 percent to $16.71 in premarket trading. American Eagle expects earnings
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Kroger forecast upbeat same-store sales for the holiday quarter and reported higher-than-expected third-quarter results on Thursday after its aggressive discounting lured more customers to its stores, sending its shares up 12.5 percent. Kroger said sales at identical stores open at least a year would exceed 1.1 percent in the fourth quarter as its efforts to
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UnitedHealth Group shares dipped in after-hours trading Monday on news that the managed health-care giant issued a disappointing earnings forecast. Shares dropped more than 2 percent in trading after the bell, before regaining ground. Shares were recently down about 1.5 percent. UnitedHealth projected revenue for 2018 that would be only marginally higher than most earlier
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U.S. tractor maker Deere on Wednesday forecast strong earnings for the coming fiscal year, while reporting fourth-quarter results ahead of Wall Street estimates, as it benefits from improving demand for farm machinery. Shares of the Moline, Illinois company known for its trademark green tractors rose 5 percent in premarket trading and were on track to
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Enterprise software company Salesforce.com saw its stock sink on Tuesday after it reported better-than-expected earnings for the third quarter of its 2018 fiscal year, which ended on Oct. 31. Salesforce stock was about 2.1 percent lower in premarket trading Wednesday. EPS: Excluding certain items, 39 cents per share vs. 37 cents per share as expected
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Dollar Tree, the biggest U.S. dollar-store chain operator, on Tuesday reported third-quarter comparable store sales that beat Wall Street estimates, helped by higher customer traffic and spending at its stores. Sales at stores open for more than a year rose 3.3 percent, above the 2.4 percent rise expected by analysts, according to Thomson Reuters I/B/E/S.
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Campbell Soup reported on Tuesday first-quarter revenue that missed Wall Street estimates on lower demand for soups and V8 vegetable juices, leading the company to cut its 2018 adjusted profit forecast. Shares of the world’s largest soup maker fell 8 percent to $45.90 before the bell on Tuesday. The company cut its fiscal 2018 adjusted
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Lowe’s on Thursday reported third-quarter earnings and sales that outpaced analysts’ expectations, as more shoppers turned up for emergency supplies and repairs following devastating hurricanes and wildfires. Here’s what Lowe’s reported, compared with what Wall Street was expecting, based on a Thomson Reuters survey of analysts: Earnings of $1.05 a share, excluding items, compared with
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Abercrombie & Fitch posted quarterly same-store sales growth after more than a year of declines and forecast robust sales for the holiday quarter, as its California-themed surfwear brand Hollister helped revive the retailer. Shares of the company, which also beat its third-quarter net sales and profit estimates, jumped 25 percent to $15.09 in premarket trading
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Luke Sharrett | Bloomberg | Getty Images Nike sneakers sit on display at a Foot Locker store inside the South Park Mall in Strongsville, Ohio, March 4, 2014. Shares of sports retailers soared on Friday after Foot Locker, Shoe Carnival, and Hibbett Sports reported better-than-expected quarterly profits. Foot Locker, up 22 percent, was the most
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Shares of L Brands sunk about 6 percent before the opening bell on Thursday, after it continued to struggle with weakness in its Victoria’s Secret business. The once high-flying brand now competes against a host of new competition including American Eagle’s Aerie. The brand has also been hurt by a decline in mall traffic. Third-quarter
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Viacom, owner of MTV, Comedy Central, and Paramount, said Thursday it expects high single-digit declines in revenue from U.S. cable TV operators and online distributors in the first half of 2018, sending its shares down 8 percent. The company said pay-TV subscribers continued to decline. The New York-based media company beat analyst estimates on revenue
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Best Buy reported disappointing third-quarter results on Thursday and forecast holiday-quarter profit below Wall Street estimates as it cut prices to match those offered by rivals, including Amazon.com. Shares of the United States’ single largest consumer electronics chain fell 4.4 percent to $54.80 before the bell in New York. With online sellers driving down prices
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Wal-Mart‘s same-store sales for its U.S. locations climbed for the 13th-consecutive quarter, as the big-box retailer cited a bright spot in its food business, aided by some devastating hurricane relief efforts. The Arkansas-based company on Thursday also reported strong growth online, with e-commerce sales growing 50 percent in the fiscal third quarter. The retailer’s shares
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Target on Wednesday reported a bigger-than-expected increase in quarterly same-store sales, a positive sign for the big-box retailer’s turnaround plan. Target also raised its earnings outlook for the full year, though its fourth-quarter forecast, which includes key holiday sales, is lower than analysts’ expectations. That sent Target shares tumbling more than 8 percent shortly after
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Home Depot‘s same-store sales blew past Wall Street estimates, boosted by repairs after devastating hurricanes and wildfires. Revenue from Hurricanes Harvey and Irma added roughly $282 million to the sales total for the third quarter, the company said Tuesday. As the number of customer transactions increased, shoppers on average have also been spending more across
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Time‘s tight leash on costs helped it beat analysts’ expectations on profit and stick to its yearly forecast for operating income on Thursday despite further sharp falls in sales of magazines and hard copy advertising. Shares in the owner of Time, Sports Illustrated and People magazines have almost halved in value since March as it
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Nvidia reported earnings Thursday that beat Wall Street expectations. Here’s how the company did: EPS: $1.33 vs. 94 cents expected according to Thomson Reuters Revenue: $2.64 billion vs. $2.36 billion expected according to Thomson Reuters Shares initially fell as much as 2 percent in after-hours trading Thursday but later ticked up more than a percent.
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