Hits: 6 Nike on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as declining sales in Greater China, its third biggest market by revenue. But the company’s shares […]
Hits: 5 Lego Star Wars toys sit on display inside a Toys “R” Us Inc. store in Paramus, New Jersey, U.S., on Tuesday, Nov. 26, 2019. Bloomberg | Getty Images Lego sales are building on […]
Hits: 9 FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week that its fiscal first quarter results were hit by weakening global demand. Shares of FedEx […]
Hits: 10 Shares of FedEx were down more than 20% Friday after the company posted bleak preliminary earnings, citing weakening demand in global shipment volumes. The shipping giant late Thursday also withdrew its full-year guidance […]
Hits: 14 Oracle reported revenue that met expectations on Monday, while earnings and quarterly guidance came in below analysts’ estimates. Revenue climbed 18% in the quarter from a year earlier, thanks to a contribution from […]
Hits: 9 Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio had […]
Hits: 8 Russia’s Gazprom saw its shares surge on Wednesday after reporting bumper first-half profits and announcing a new dividend to shareholders. Stoyan Vassev | Press service of Gazprom Neft | via Reuters Russian gas […]
Hits: 11 Televisions are seen for sale at a Best Buy store in New York City. Andrew Kelly | Reuters Best Buy on Tuesday said sales dropped by about 13% in the fiscal second quarter, […]
Hits: 15 An employee hands a customer a shopping bag at an Old Navy store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap Inc. on Thursday withdrew its financial outlook for […]
Hits: 21 Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton on Thursday reported widening losses and slumping sales for its […]
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