News

NIKE Direct, the company's direct-to-consumer business, saw revenue plunge by 14% year over year, largely due to a 26% drop in digital sales. Wholesale revenue was down 9%, and Converse revenue ...
Progress Software said it now expects fiscal-year adjusted per-share earnings of $5.28 to $5.40, up from a prior projection of $5.25 to $5.37. Analysts surveyed by FactSet expected adjusted earnings ...
Winnebago Industries lowered its guidance for the fiscal year on the back of softer demand after logging lower revenue and profit in its third quarter.
Micron did not disappoint. The momentum continued in the third quarter as revenue rose 37% to $9.3 billion, and gross profit nearly doubled from $1.83 billion to $3.5 billion as gross margin expanded ...
Ohio sportsbooks dominated bettors in May behind a 12% hold that produced the state's highest year-to-date monthly revenue.
Oilfield services company SLB expects second-quarter revenue and core profit to be about the same as the previous quarter due to weaker drilling activity in Saudi Arabia and Latin America, CEO Olivier ...
AO World said it expects continued revenue and profit growth in the fiscal year to March despite macroeconomic challenges, notably rising labor costs.
The company’s profits also slid dramatically, logging a 71 percent decrease in net income for the first quarter. And Tesla’s automotive revenue — the money is earns from car sales — slid ...
Weak advertising revenue, rising content investment, and offline expansion led to 300 basis points decline in gross margin and a 10% drop in net profit compared with the previous year.
Adjusted profit of 60 cents a share missed the FactSet consensus estimate of 62 cents a share. First-quarter revenue fell to $5.4 billion from $5.8 billion in the year-ago quarter, in line with ...