Earnings

Stitch Fix shares dropped by more than 14% in after-hours trading Tuesday as the company reported steep losses for the fiscal fourth quarter. Here’s how the company did during its fiscal fourth quarter ended Aug. 1 compared with Refinitiv estimates: Loss per share: 44 cents vs. 16 cents per share, expected Revenue: $443.4 million vs. $414.9
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Oracle CEO Safra Catz delivers a keynote address during the Oracle OpenWorld conference on September 17, 2019 in San Francisco. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. Justin Sullivan | Getty Images News | Getty Images Oracle shares rose as much as 6% in extended
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Peloton said Thursday its fiscal fourth-quarter sales surged 172%, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to workout from home during the coronavirus pandemic.  The fitness equipment maker also offered Wall Street an eye-popping outlook for the current quarter and fiscal 2021, with sales of its bikes
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Stewart Butterfield, co-founder and chief executive officer of Slack Technologies Inc., speaks during an event in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Slack shares fell as much as 20% in extended trading on Tuesday after the team communications software company reported fiscal second-quarter results and full-year guidance that exceeded analysts’
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Lululemon Athletica store logo and sign in Philadelphia. Gilbert Carrasquillo | Getty Images Lululemon on Tuesday reported surprise revenue growth, despite lockdowns during the height of the coronavirus pandemic, as stores started reopening in the fiscal second quarter and consumers stocked up on workout apparel and yoga accessories.  But its stock fell by more than 6% in
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Macy’s got a bigger-than-expected boost online during the latest quarter, even as its stores started to reopen during the coronavirus pandemic.  The department store operator’s digital sales surged 53% from a year earlier, as more shoppers visited its website to buy workout clothes and home decor. The company also said luxury categories at Bloomingdale’s outpaced internal
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Zoom Video Communications Inc. founder and CEO Eric Yuan at the company’s IPO at Nasdaq MarketSite in New York, April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom Video Communications shares rose as much as 25% in extended trading on Monday after the company reported fiscal second-quarter earnings that were better than
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Aneel Bhusri at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Workday shares rose as much as 13% in extended trading on Thursday after the cloud software company reported better-than-expected quarterly revenue and earnings. The company also said Chano Fernandez is being promoted from co-president to co-CEO, operating alongside Aneel
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Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Abercrombie & Fitch shares are soaring after the apparel retailer reported a surprise quarterly profit Thursday morning and impressive online revenue growth of 56% during the coronavirus pandemic.  Its stock was recently trading up
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An employee of Dick’s Sporting Goods in Destiny USA mall delivers products to a shopper, as customers pick up goods from retailers offering curbside pick up as the coronavirus disease (COVID-19) restrictions ease in Syracuse, New York, U.S., May 15, 2020. Zachary Krahmer | Reuters Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday,
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Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce shares rose as much as 14% in extended trading Tuesday after the enterprise-software company reported fiscal second-quarter earnings that surpassed analysts’ expectations,
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Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic, and its online business suffered due to a shift in timing of its annual Anniversary Sale.  The company said its stores, including its off-price Nordstrom Rack locations, were closed for
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People wearing masks walk past a large face mask sign in front of a Best Buy near Columbus Circle that as the city enters Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus in New York City. Alexi Rosenfeld | Getty Images Best Buy on Tuesday reported strong second-quarter sales growth, helped
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Papa John’s International Inc. signage is displayed on top of a delivery vehicle outside of the company’s restaurant in Nashville, Tennessee. Luke Sharrett | Bloomberg | Getty Images With consumers flocking to carryout and delivery during the Covid pandemic, Papa John’s has extended its growth streak into August. From July 27 through Aug. 23, preliminary
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An Estee Lauder cosmetics counter in Los Angeles, California. Lucy Nicholson | Reuters Estee Lauder forecast current-quarter profit below analysts’ estimates on Thursday after posting a bigger-than-expected quarterly loss, as travel restrictions and store closures put in place to contain the spread of coronavirus dampened demand for its premium makeup brands. The company and other
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Exterior of Alibaba Group Beijing Headquarters on November 10, 2019 in Beijing, China. VCG | Visual China Group | Getty Images China’s Alibaba beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses benefited from the coronavirus-led shift to online shopping and working from home. The company’s U.S.-listed shares
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Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Shares of graphics card maker Nvidia fell as much as 2% in extended trading on Wednesday after the company reported better-than-expected fiscal
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Lowe’s said customers bought supplies for DIY projects, kicked off renovations and stepped up their landscaping as they skipped dining out and scaled back summer trips during the coronavirus pandemic. That translated to huge gains for the home improvement retailer, allowing it to blow past Wall Street forecasts with a 30% surge in revenue and 68.7%
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Target on Wednesday blew past every forecast on Wall Street for its fiscal second quarter as it attracted millions of new customers online, setting a record for same-store sales that drove profits up by an eye-popping 80.3% to $1.7 billion.  Sales online and at stores open for at least a year climbed by 24.3% during the
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Home Depot said Tuesday its quarterly sales soared 23% as consumers stuck in the house during the coronavirus pandemic built decks, painted their walls and tackled other repairs, handily beating investor expectations. The retailer also topped Wall Street’s forecasts for earnings per share and revenue. Customer transactions, average ticket size and sales per retail square foot
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A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Kohl’s said Tuesday its revenue fell 23% during the fiscal second quarter, which wasn’t as bad as analysts feared as the coronavirus pandemic forced stores to close across the U.S. and many shoppers stayed home.  Instead, dollars shifted
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