corporate earnings
Lululemon shares plummet as tariff costs, rivals threaten profit outlook
The yoga apparel maker also said it would implement modet price increases.
Victoria's Secret delays earnings release after 'security incident' shut down website
The company said it is still working to fully restore access to its corporate systems, which is why it’s delaying its first-quarter earnings.
Dollar General hikes sales forecast as tariff fears send shoppers hunting for deals: 'Uniquely well-positioned'
The company now expects annual same-store sales growth between 1.5% and 2.5%, up from its prior goal of 1.2% to 2.2%.
This CEO was paid $165M last year -- and it wasn't Cook, Zuckerberg or Musk
The executive runs a company that makes products used by police departments across the country.
UnitedHealth investors approve new CEO's $60M pay package despite turmoil following top executive's assassination
Stephen Hemsley returned to the top job last month after the healthcare giant reported its first earnings miss since 2008.
Target CEO blames lousy earnings on anti-woke ‘headwinds’ — and Wall Street is chuckling
Under Cornell, Target went all in on DEI, most infamously in its Pride celebrations, a corporate marketing and sales effort that targeted the LBGTQ+ community.
Nvidia shares pop on strong AI demand despite hit from China chip restrictions
Nvidia reported solid first quarter earnings on Wednesday, providing some relief to anxious investors who have come to see the world’s leading chip supplier as a bellwether for the overall...
Macy's slashes profit forecast, warns of 'surgical' price hikes due to tariffs
The company also nodded to challenges from a slowdown in consumer spending and more competitive promotions and discounts across the retail industry.
Lowe's beats sales estimates, plans to stay 'price competitive'
Home improvement retailer Lowe's posted a smaller-than-expected drop in first-quarter sales on Wednesday and said it plans to keep its pricing competitive, without ruling out the possibility of price hikes on some...
Fox reveals name to new streaming service, plans launch before football season
Fox also reported quarterly profit and revenue exceeding Wall Street expectations, thanks to a surge in advertising revenue driven by its broadcast of "Super Bowl LIX."
News Corp quarterly profit more than doubles, revenue climbs to beat Wall Street expectations
News Corp CEO Robert Thomson touted the company’s "sustained strength" and "strategic transformation" for lifting profits 67% in the quarter.
Warner Bros. Discovery shares climb as CNN parent weighs splitting company: report
The company missed first-quarter revenue estimates and posted a larger-than-expected loss due to a sluggish box office performance and ongoing declines in cable.
Mattel to hike prices on Barbie, Hot Wheels, other toys to offset Trump tariff costs
The toymaker also withdrew its annual earnings forecast, citing the ongoing uncertainty surrounding the president’s trade policies.
Ford warns of $2.5B hit from Trump tariffs, suspends annual earnings forecast
Net income fell sharply to $471 million from $1.3 billion a year earlier.
Apple warns tariffs will add $900M to costs — and CEO Tim Cook unveils iPhone pivot
Tariff uncertainty has sent shares of Apple, which makes 90% of its products in China, down about 15% this year.
Meta Platforms' shares rise on robust advertising revenue, AI investments
The results come as Meta faces a high-stakes trial in Washington, in which the Federal Trade Commission is seeking to unwind the company's acquisitions of prized assets Instagram and WhatsApp.
Starbucks details major plan to try to win back customers
The decision to increase staffing follows pilot tests in a limited number of stores shortly after CEO Brian Niccol joined the company this past fall.
Starbucks posts bigger-than-expected drop in global sales on weak US demand
Starbucks CEO Brian Niccol's turnaround efforts showed signs of progress even as the coffee giant missed estimates for quarterly global comparable sales and profit as inflation and economic uncertainty hit demand...
Wall Street on edge as more 'Magnificent 7' tech stocks report earnings this week
The tech-heavy Nasdaq index was trading more than 200 points lower on Monday as Wall Street anxiously awaited word on how President Trump’s tariff war has impacted “Magnificent Seven” firms...
Shares of Google parent Alphabet jump as advertising growth lifts revenue to over $90B
Revenue from Google's mainstay ad business, which makes up about 75% of its overall revenue, rose 8.5% to $66.89 billion. The company also said it will buy back $70 billion stock.