HD Supply Holdings Inc. (NASDAQ: HDS) said on Friday that its profit in the fiscal third quarter matched expectations, but sales came in weaker than expected. The American company struck a deal with Home Depot last month that will see it acquired by the home improvement retailer for…
Big Lots Inc. (NYSE: BIG) reported its financial results for the fiscal third quarter on Friday that topped analysts’ estimates for net sales and profit. The retailer secured the number one spot on Total Retail’s 2020 top omnichannel retailers report in November. Big Lots said that its net…
Ulta Beauty Inc. (NASDAQ: ULTA) said on Thursday that its net sales were lower than expected in the fiscal third quarter. The company, however, expressed confidence that its adjusted earnings in Q3 topped Wall Street estimates. Ulta Beauty was seen roughly 3.5% down in extended trading on Thursday. On…
Marvell Technology Group Ltd. (NASDAQ: MRVL) reported its financial results for the fiscal third quarter on Thursday that came in line with what analysts had anticipated. Shares of the company tanked roughly 4% in extended trading on Thursday. Including the price action, Marvell Technology Group Ltd. is now trading…
The Kroger Co. (NYSE: KR) said on Thursday that its profit in the fiscal third quarter came in better than expected, but sales missed estimates. At £24 per share, Kroger shares are currently a little under 15% up year to date in the stock market. Its shares tumbled to…
Dollar General Corp. (NYSE: DG) said on Thursday that its profit and net sales in the fiscal third quarter came in better than expected on the back of a significant increase in same-store sales. Dollar General shares had tumbled to as low as £102 per share in late-March when…
Okta Inc. (NASDAQ: OKTA) said on Wednesday that its earnings and revenue in the fiscal third quarter came in significantly better than what analysts had anticipated. Okta also revealed to have partnered with Amazon on Wednesday to bring its Okta Identity Cloud to AWS (Amazon Web Services) marketplace.
CrowdStrike Holdings Inc. (NASDAQ: CRWD) published its earnings report for the fiscal third quarter on Wednesday that blew past Wall Street estimates. CrowdStrike jumped more than 10% in extended trading on Wednesday. The stock is now trading at a per-share price of £119 that represents an over 200% growth…
PVH Corp (NYSE: PVH) reported its financial results on Wednesday that topped analysts’ estimates for earnings in the fiscal third quarter. Despite the hawkish performance, the company gave downbeat guidance for the fiscal fourth quarter. PVH Corp slipped less than 0.5% in extended trading on Wednesday. At £62.08 per…
Splunk Inc. (NASDAQ: SPLK) reported a broader loss on Wednesday for the fiscal third quarter as sales took a hit amidst the Coronavirus pandemic that pushed companies into work from home arrangements. Splunk also said that expenses were higher in the recent quarter weighing further on its financial performance.
Synopsys Inc. (NASDAQ: SNPS) said on Wednesday that its financial performance in the fiscal fourth quarter was better than last year. The earnings report came only weeks after Synopsys acquired precision optical measurements provider Light Tec. Synopsys Inc was reported about 0.5% down in extended trading on Wednesday.
Hewlett Packard Enterprise Co. (NYSE: HPE) published its earnings report for the fiscal fourth quarter on Tuesday that came in better than what analysts had anticipated. The company also said that it was moving its corporate headquarters from San Jose to Houston. HPE was seen less than 1% down…
Salesforce.com Inc. (NYSE: CRM) reported its financial results for the fiscal third quarter on Tuesday that topped analysts’ estimates for earnings and revenue. The company also said that it will buy Slack Technologies Inc. for £20.64 billion. Salesforce shares slipped close to 4% in extended trading on Tuesday.
At Home Group Inc. (NYSE: HOME) said on Tuesday that its net income in the fiscal third quarter printed at £35.10 million that translates to per-share earnings of 53 pence. In comparison, the big box retail chain had posted £10.88 million of net income in the same quarter last…
Zoom Video Communications Inc. (NASDAQ: ZM) published its financial results for the fiscal third quarter on Monday that came in better than what analysts had anticipated. The company attributed its hawkish performance primarily to its videoconferencing software that continues to be in demand amidst the COVID-19 crisis that has…
S&P Global Inc. (NYSE: SPGI) said on Monday that it will buy IHS Markit Ltd (NYSE: INFO) for £32.97 billion. The all-stock deal will mark the largest corporate acquisition this year. The two companies were negotiating the mega-deal for the past few months. Following approval from antitrust regulators,…
In an announcement on Wednesday, the Walt Disney Company (NYSE: DIS) said it will slash its workforce by 32 thousand jobs as the ongoing COVID-19 crisis continues to wreak havoc on its business. The company said the lay off will primarily affect workers at its theme parks where foot…
VMware Inc. (NYSE: VMW) raised its guidance for the full year on Tuesday as its financial results topped Wall Street estimates in the fiscal third quarter. Shares of VMware slipped more than 1% in extended trading on Tuesday. The U.S. company is now exchanging hands at £111.50 per share…
Gap Inc. (NYSE: GPS) said on Tuesday that its financial performance was weaker than expected in the fiscal third quarter due to the ongoing Coronavirus pandemic. The increase in new COVID-19 cases in recent weeks, the retailer added, could hurt store traffic in the fourth quarter as well. The…
HP Inc. (NYSE: HPQ) reported its financial results for the fiscal fourth quarter on Tuesday that came in better than what analysts had anticipated. The company also gave upbeat guidance for the future. Earlier this month, the Palo Alto-based company introduced HP+, dubbed the most modern and simple…
Dell Technologies Inc. (NYSE: DELL) published its earnings report for the fiscal third quarter on Tuesday that topped analysts’ estimates for earnings and revenue. Dell Technologies was reported about 0.5% down in extended trading on Tuesday. At £52.27 per share, the tech giant’s shares that you can learn…
Dollar Tree Inc. (NASDAQ: DLTR) published its earnings report for the fiscal third quarter on Tuesday that blew past Wall Street estimates. In an announcement last month, Dollar Tree had expressed plans of hiring 25 thousand workers for its stores and distribution centres. Dollar Tree shares jumped 3.5%…
Best Buy Co. Inc. (NYSE: BBY) said on Tuesday that its profit and revenue in the fiscal third quarter came in better than expected. The company attributed its hawkish performance primarily to digital sales that grew sharply in recent months as COVID-19 restricted people to their homes. Best Buy…
Tiffany & Co. (NYSE: TIF) reported its financial results for the fiscal third quarter on Tuesday that topped analysts’ estimates for earnings and revenue. The company said that its sales in mainland China were 70% higher on a year over year basis in the recent quarter. According to CEO…
Urban Outfitters Inc. (NASDAQ: URBN) said on Monday that its profit remained robust in the fiscal third quarter. The company attributed its upbeat performance to its namesake retail brand that showed resilience in recent months. Urban Outfitters acknowledged that its efforts to minimise expenses also contributed to higher profit.
