FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in September, bringing those total expected cuts to roughly $3.7 billion, Read more
Tag: beat
Oracle stock rises as earnings and revenue beat, but forecast is still to come
Oracle Corp. topped Wall Street’s expectations for profit and revenue in its most recent quarter, though the software company is still expected to issue a forecast that could be more Read more
J.M. Smucker stock jumps toward 6-year high after profit and sales beat expectations and outlook raised
Shares of J.M. Smucker Co. SJM, +1.11% jumped 3.7% toward a six-year high in premarket trading Monday, after the consumer and pet foods company, which brands including Folgers, Jif and Read more
Foot Locker stock soars after surprise same-store sales gain and profit beat, raised full-year outlook
Shares of Foot Locker Inc. FL, +5.00% soared 17.7% in premarket trading Friday, after the athletic footwear and apparel retailer reported fiscal third-quarter profit that beat expectations, a surprise increase Read more
Kohl’s stock drops after earnings beat expectations but full-year outlook withdrawn
Shares of Kohl’s Corp. KSS, -7.08% dropped 4.0% in premarket trading Thursday, after the department store chain reported fiscal third-quarter profit and revenue above expectations, but withdrew its full-year outlook Read more
Macy’s stock soars 7% premarket after earnings beat as company raises full-year EPS guidance
Macy’s Inc. stock M, -8.07% soared 7% in premarket trade Thursday, after the department store chain beat consensus estimates for the third quarter and raised its full-year profit guidance. The Read more
Walmart stock jumps after sales and profit, excluding opioid-related charge, beat expectations by wide margin
Shares of Walmart Inc. WMT, -2.94% shot up 6.6% toward a six-month high in premarket trading Tuesday, after the discount retail behemoth swung to a net third-quarter loss, due to Read more
Home Depot stock falls after profit and sales beat expectations but full-year outlook was affirmed
Shares of Home Depot Inc. HD, -2.55% slumped 0.7% in premarket trading Tuesday, even after the home improvement retailer reported fiscal third-quarter earnings that beat expectations, citing strength in project-related Read more
Duolingo stock slips after earnings beat, mixed outlook
Duolingo Inc. shares fell in the extended session Thursday after the language-learning platform’s outlook offered a mixed bag while quarterly results topped Wall Street estimates. Duolingo DUOL, +10.06% shares fell Read more
New homeowners and renters are hit hard by October inflation — here’s how they’re cutting back on expenses to beat rising costs
Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more than expected last month. In October, prices rose by 7.7% on the year in the Read more