Shares of Peloton surge 12% as it edges toward profitability, posts better than expected sales

Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive costs.

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Snap shares soar on better-than-expected profit and revenue

Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.
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Swiss pharma giant Novartis posts better-than-expected fourth-quarter sales

Swiss pharmaceutical giant Novartis on Friday reported fourth-quarter results after repeatedly raising its full-year guidance.
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World's largest luxury group LVMH posts better than feared full-year sales

The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.
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Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.
NBC News - Jan. 24
Burberry shares jump 13% after better-than-expected quarterly sales

Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.
CNBC - Jan. 24
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target

The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.
The Wall Street Journal - Jan. 24
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.
CNBC - Jan. 23
Target says its holiday sales were better than expected — but its profits weren't

The big-box retailer's report indicates that deals and promotional events motivated shoppers.
CNBC - Jan. 16
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom
ABC News - Jan. 16
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views

The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.
The Wall Street Journal - Jan. 10

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Homeowners — particularly first-time buyers — are worryingly late on their mortgage payments

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E.l.f. Beauty stock sinks after cosmetics maker trims outlook. Its CEO says shoppers are focused on bigger matters.

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Pinterest’s stock is soaring, as platform gets more users and hits its first $1 billion sales quarter

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Shares of Peloton surge 12% as it edges toward profitability, posts better than expected sales

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Related

Snap shares soar on better-than-expected profit and revenue

Swiss pharma giant Novartis posts better-than-expected fourth-quarter sales

World's largest luxury group LVMH posts better than feared full-year sales

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Burberry shares jump 13% after better-than-expected quarterly sales

Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Target says its holiday sales were better than expected — but its profits weren't

Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views

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More in Business

Affirm shares pop more than 15% on revenue beat

Homeowners — particularly first-time buyers — are worryingly late on their mortgage payments

Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead

E.l.f. Beauty stock sinks after cosmetics maker trims outlook. Its CEO says shoppers are focused on bigger matters.

Pinterest’s stock is soaring, as platform gets more users and hits its first $1 billion sales quarter