Earnings

Oracle stock fell as much as 4 percent on Monday immediately after the company released mixed results for the third quarter of its 2018 fiscal year, which ended on February 28. The stock tumbled lower after executives issued guidance. * Earnings: Excluding certain items, 83 cents per share vs. 72 cents expected by analysts, according
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American Eagle Outfitters‘ sales at established stores topped analysts’ estimates for the holiday shopping quarter, helped by robust demand for its Aerie line of lingerie. The company’s comparable sales rose 8 percent in the fourth quarter ended Feb. 3, beating analysts’ average estimate of a 7.34 percent rise, according to Thomson Reuters I/B/E/S. Net income
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Kroger on Thursday reported fourth-quarter earnings in-line with analysts’ estimates but issued a disappointing profit outlook for 2018. Its shares plummeted more than 11 percent in early trading following the news. Net income for the fourth quarter totaled $854 million, or 96 cents a share, compared with $506 million, or 53 cents a share, a
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Kohl’s on Thursday reported fourth-quarter earnings and revenue that beat analysts’ expectations, fueled by strong sales growth and tighter controls over inventory. The company said it trimmed excess inventory by 7 percent in 2017, which boosted profit margins and created an overall cleaner shopping experience in stores. It also revealed it would tap Aldi as
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One market watcher is making the bull case for Nordstrom ahead of its quarterly earnings report coming Thursday afternoon. Mark Tepper, president and CEO of Strategic Wealth Partners, would recommend buying shares of the company into earnings. Here are his reasons. • Nordstrom, widely reported to be working toward going private, looks like a buy
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Salesforce stock rose 2 percent shortly after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on Jan. 31, after the bell on Wednesday. Here’s how the company did: Earnings: Excluding certain items, 35 cents in earnings per share vs. 33 cents as expected by analysts, according to
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Off-price apparel retailer TJX on Wednesday beat analysts’ estimates forholiday-quarter same-store sales as discounts drew more shoppers to its Marmaxx and TJX Canada stores, sending its shares to a record high. The company’s shares rose as much as 8.6 percent to $83.95 in early trading. TJX, which has succeeded in bucking the larger slowdown in
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Lowe’s and Valspar owner Sherwin-Williams are deepening a decades-old relationship, making the home improvement retailer the sole distributor in the home category of popular paint brands including Minwax, Cabot, and Thompson’s WaterSeal. Sherwin-Williams will continue to operate its own retail storefronts, as it skips over other major retailers for outside distribution in this deal. The
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SeaWorld Entertainment posted a fourth-quarter loss of $20.4 million and says CEO Joel Manby is stepping down. John Reilly, the chief parks operations officer, will take over on an interim basis. On a per-share basis, the Orlando, Florida, company had a loss of 24 cents, which is worse than the per-share loss of 18 cents
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Toll Brothers reported on Tuesday a first-quarter profit that beat analysts’ estimates, as it sold more luxury homes at higher prices, mainly in the Western United States. Orders, a key metric of future revenue for homebuilders, rose 19.7 percent to 1,822 homes in the reported quarter. Toll Brothers said the average price of homes increased
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Cybersecurity company Palo Alto Networks’ quarterly revenue and profit topped Wall Street estimates and the company gave an upbeat third-quarter forecast, helped by better-than-expected growth in its product business. The company’s shares rose 5.1 percent to $178 after the bell on Monday. Revenue in the company’s product business, which includes firewall protection software Panorama, rose
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Shares of Fitbit plunged as much as 12 percent in pre-market trading Tuesday — a day after a disappointing quarterly report. Shares shed as much as 15 percent in extended trading Monday. The wearable technology company lost 2 cents per share on revenue of $571 million in the fourth quarter. Analysts polled by Thomson Reuters
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Hewlett Packard Enterprise shares skyrocketed as much as 19 percent on Thursday after the company reported first quarter financial results that blasted past analysts’ expectations on top and bottom lines. Here’s how the company did compared with what Wall Street expected: EPS: 34 cents vs. 22 cents expected according to Thomson Reuters Revenue: $7.67 billion
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The Cheesecake Factory on Wednesday reported fourth-quarter earnings of $57.7 million. On a per-share basis, the Calabasas Hills, California-based company said it had profit of $1.24. Earnings, adjusted for pretax gains, were 53 cents per share. The results met Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was also
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Roku shares plunged 21 percent Thursday, a day after the maker of digital streaming devices provided a revenue estimate that trailed analysts’ estimates. Roku said sales in the first quarter will be $120 million to $130 million, falling short of the $131.7 million average estimate of analysts surveyed by Thomson Reuters. Here’s what Roku reported
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