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Latest in Best Buy’s stock slides as ‘softer than expected’ demand leads to sales, earnings miss

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  • Best Buy’s stock slides as ‘softer-than-expected’ demand leads to sales, earnings miss

    Macro uncertainty, customers waiting for deals and sales events, and distraction during the run-up to the election led to softer-than-expected demand, according to Best Buy CEO Corie Barry.
    Business - MarketWatch - 23 hours ago

  • Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

    Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.
    Business - CNBC - 16 hours ago

  • Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

    Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.
    Business - MarketWatch - October 30

  • Novavax’s stock slides 7% as guidance cut offsets narrower-than-expected third-quarter loss

    Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.
    Business - MarketWatch - November 12

  • Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

    Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.
    Business - MarketWatch - October 30

  • Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

    Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.
    Business - CNBC - October 31

  • Bud Light Owner's U.S. Sales Bounce Back After Boycott

    After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.
    Business - The Wall Street Journal - October 31

  • AMD's post-earnings slide is a buying opportunity. Here's why

    Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.
    Business - CNBC - October 30

  • Boeing raises greater-than-expected $21 billion from new stock sales

    Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.
    Business - MarketWatch - October 29

  • Charter’s broadband saga may have bottomed. Has its stock done the same?

    Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.
    Business - MarketWatch - November 1

  • Alphabet’s stock slides as Feds push for Chrome sale. Why fears are overblown.

    The Google parent’s stock is heading for its worst day in 10 months. But one analyst thinks a forced Chrome sale seems unlikely.
    Business - MarketWatch - 5 days ago

  • Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance

    Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.
    Business - MarketWatch - October 31

  • Avis’s stock slides after third-quarter earnings fall short of estimates

    Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.
    Business - MarketWatch - October 31

  • Block offers a glimpse of what to expect next year, but its stock slides

    The parent company of Square and the Cash App expects to keep expanding operating margins into 2025.
    Business - MarketWatch - November 8

  • Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

    The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.
    Business - The Wall Street Journal - October 31

  • Krispy Kreme’s stock drops on earnings miss

    Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.
    Business - MarketWatch - November 7
  • Adnoc Gas Expects Earnings Boost From Rising Gas Demand

    Adnoc Gas Expects Earnings Boost From Rising Gas Demand

    Adnoc Gas, one of the world’s biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas.
    Business - The Wall Street Journal - November 11
  • Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

    Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

    Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust
    Tech - ABC News - 6 days ago

  • Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year

    Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
    Business - CNBC - November 19

  • Tapestry’s stock climbs on sales and earnings beat, raised outlook

    Tapestry’s first-quarter revenue was fueled by topline growth at Coach.
    Business - MarketWatch - November 7

  • McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates

    McDonald’s is encouraged by signs of progress in the third quarter.
    Business - MarketWatch - October 29

  • Reddit shares soar 22% on earnings beat and better-than-expected forecast

    Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.
    Business - CNBC - October 29

  • Chevron beats earnings expectations, returns more than $7 billion to shareholders

    Chevron's stock is largely flat for the year, underperforming the S&P 500 energy sector which has gained more than 6%.
    Business - CNBC - November 1
  • NFL midseason grades: Saints' slide earns them an F in NFC South, and their bitter rivals score best

    NFL midseason grades: Saints' slide earns them an F in NFC South, and their bitter rivals score best

    Here's how the Falcons, Panthers, Saints and Buccaneers are grading out at the halfway point.
    Sports - Yahoo Sports - November 6

  • EBay’s sales outlook comes in weaker, and stock falls more than 7%

    EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.
    Business - MarketWatch - October 31

  • Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss

    Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.
    Business - MarketWatch - November 7

  • Amgen’s stock closes off lows to avoid worst day in 24 years as weight-loss-drug data underwhelms

    Amgen’s MariTide achieved up to 20% weight loss in a mid-stage trial, but analysts were expecting up to 25%.
    Business - MarketWatch - 43 minutes ago

  • Wendy’s stock falls as same-restaurant sales miss again, by a wide margin

    Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.
    Business - MarketWatch - October 31

  • Fluor’s stock tumbles after a big earnings miss, plan to deconsolidate NuScale

    Fluor misses revenue expectations by the widest margin in five years, will deconsolidate NuScale, and the stock tumbles.
    Business - MarketWatch - November 8

  • Temu parent’s stock tumbles after a big earnings miss as competition intensified

    Temu parent PDD’s stock was sinking premarket after another disappointing earnings report, with profit missing expectations by the widest margin in nearly four years.
    Business - MarketWatch - 6 days ago

  • McDonald’s earnings: Weaker demand, E. coli outbreak in focus — but sales seen at highest in years

    As McDonald’s readies its third-quarter earnings report Tuesday, Wall Street is focused on demand from lower-income diners, as well as a recent E. coli outbreak.
    Business - MarketWatch - October 28

  • Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

    The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.
    Business - CNBC - October 31

  • Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop

    Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.
    Business - MarketWatch - November 6

  • Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes

    The retailer's sales growth is notable at a time when discretionary merchandise and the luxury sector have been under pressure.
    Business - CNBC - 14 hours ago

  • We're buying this stock for the second time this week, taking advantage post-earnings selling

    The roughly 10% decline in shares since earnings is too excessive.
    Business - CNBC - October 31

  • Affirm sees booming buy-now-pay-later growth, but stock dips after earnings

    The company is seeing more of its business shift toward interest-bearing products.
    Business - MarketWatch - November 8
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Topics
  • Best Buy’s Stock
  • Buy’s Stock Slides
  • Stock Slides Softer
  • Slides Softer Than
  • Softer Than Expected
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