corporate earnings
Netflix shares hit all-time high despite slowing subscriptions — here's why investors aren't worried
The company's prof🐲it and revenue also beat estimates, a positive sign for its efforts to shift investor focus away from subscriber growth.
🍸 Netflix shares soar after it reveals how many new subscribers signed up
Netflix is working to increase revenue from its new ad-supported plans but has said it does not expect advertising to become a primary growthꦐ driver until 2026🥂.
European chipmaker p♏inpoints blame for disastrous early earnings release tanked stock, cu༺t value by $52B
Dutch tech giant ASML caused chaos after accidentally publishing financ𓆉ial results a day earlier than scheduled – along with a warning that the slumping computer chip market will take longer...
Morgan Stanley profits surge 32% as dea🅠lmaking roars back to life
"I am bullish on IPOs and M&A coming back," 🥂said the banks' CEO. "It may take some time...I think these are going to be global, mature companies that are very...
ℱ IKEA annual sales slump 5% on weak housing market as company commits to price cuts
The Swedish home decor retailer has slashed prices and committed itself to making more price cuts in the future in an ef🌳fort to win back cash-strapped customers.
Domino's misses sales estimates amid shift by inflation-battered consumers to value meals
Domino’s US same-store sales grew 3% in the quarter ended Sept. 8, missing expectations of a 3.6% increase, according to LSEG analysts’ esti𝓀mates.
Delta ဣwarns ཧof revenue hit as election spurs travelers to stay home
Bookings were expected to pick up in the weeks after the Nov. 5 election.🐼
Nike sales slump 10🧸%, shares plunge as new CEO faces massive challenge weeks before t🍌aking over
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as Air Max Dn and Pegasus 41 ꦦto revive demand.
Costco members turn to chain's cheap deals like $1.50 hot dogs as they swallow fee hike
The w𝕴holesale retailer missed revenue estimates in the fourth quarter as inflation-battered custom🐠ers have become increasingly cost conscious.
Olive Garden's owner sees stock surge over 8% as it gives upbeat sales forecast, discloses Uber delivery deal
Darden reported weaker-than-eꦚxpected earnings on Thursday, but it rea෴ffirmed its full-year outlook and said sales have been improving.
🍷GameStop prepares to shutter even more stores after disappointing second quarter
ܫ GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report.
Booze giant that o꧋wns Corona warns of $2.5B writedown on weak 🦋wine demand
Co🐟nstellation Brands nearly halved its yearly earnings outlook on weak US wine demand as consumers pull back on non-essentials amid sticky inflation.
Lululemon promises to crank out new styles after 'Breezethrough' fiasco, embarrassing reviews
🌊 The athleisure retailer pulled its "B✱reezethrough" leggings from shelves after customers slammed the pants for being see-through in reviews.
Birkenstock shares plunge more than 15% after sandal maker ꦉmisses profit estimates
The company𒀰 has focused on expanding its retail fleet and boosting production, ♈which squashed margins.
Dollar General shares plummet as Walmart, Target tak🍰e bite out of profit
"To regain foot traffic, Dollar General will likely need to cut prices and increase promotions," an analyst with CFRA Resear🍷ch said.
Smucker's, Jif peanut butter owner slashes full-year outlook amid stubborn inflation
🧔 Like other companies in the food sector, Smucker's has been struggling to hold onto cost-conscious customers stung by high prices at grocery stores.
🀅 Peloton shares soar 28% after major revamp ends two-year sales slump
Earlier this year, Peloton unveiled a broad restru𝔍ꦺcturing plan that included cutting global headcount by 15%, closing more retail outlets and changing its international sale plan.
Lowe's follows rival Home Depot with dismal profit forecast: 'People aren't moving'
Tepid demand for do-it-yourself projects, which account for more than half of Lowe's sales, led to Q♛2 same-store sales missing analysts' estimates🥃.
Estee Lauder's longtime CEO to retire as weak demand roils beauty market
Fabrizio Freda's depaℱrture comes just a month after Chief Financial Officer Tracey Travis said she would step down after a 12-year stint.
SEC probe of B. Riley widens as struggling firm's stock drops more than 50% on profit warning
The feds have widened a probe of financial irregularitie📖s at B. Riley, sources told The Post -- even as the struggling Wall Street firm suspended its dividend and w🃏arned on...