Latest in Target struggles, Walmart sees strong sales in Q3 earnings reports
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Target struggles, Walmart sees strong sales in Q3 earnings reports
Retailers are putting out their third-quarter earnings reports ahead of the big holiday spending season. CBS News contributor Javier E. David has a look at the numbers.Top stories - CBS News - 4 days ago -
Walmart Earnings: Holiday Shopping Is Off to a Strong Start
The retailer said sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season.Business - The Wall Street Journal - November 19 -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - October 30 -
McDonald's surpasses earnings expectations in Q3 report
Fast food giant McDonald's reported its third quarter results Tuesday morning with revenue beating Wall Street's expectations at around $6.9 billion. CBS MoneyWatch correspondent Kelly O'Grady has ...Top stories - CBS News - October 29 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
Walmart Stock Rises on Strong Earnings Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.Business - The New York Times - November 19 -
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 -
Walmart thrives and Target struggles as shoppers prioritize basics and bargains
Big retailers’ fortunes are diverging ahead of the holiday shopping season, with consumers proving to be choosy spenders in the run-up to Black Friday and Cyber Monday.Top stories - NBC News - 6 days ago -
Dick’s Sporting Goods sees earnings boosted by strong back-to-school season
The retailer beat estimates for the third quarter and raised its guidance.Business - MarketWatch - 16 hours ago -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - October 30 -
Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
The discounter will deliver its latest sales results as inflation cools and the holiday season heats up.Business - CNBC - November 19 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesTech - ABC News - November 8 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesEntertainment - ABC News - November 8 -
Walmart hits new highs and Target dives after earnings as rivals diverge even more
Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise.Business - CNBC - 6 days ago -
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 -
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 -
Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years
Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.Business - CNBC - 6 days ago -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - 6 days ago -
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines
KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.Business - CNBC - November 5 -
Target CEO says ‘consumers continue to spend cautiously’ amid triple-miss earnings report
Target’s stock is set to suffer worst day in more than two years after profit, revenue, comparable sales and outlook all came in below expectations.Business - MarketWatch - 6 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 -
ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.Business - MarketWatch - October 31 -
Airbnb is seeing ‘strong demand trends’ — with these caveats
Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the ...Business - MarketWatch - November 8 -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - October 30 -
Target Shares Tumble on Earnings Miss
The stock fell 21% after the retailer posted disappointing quarterly results and lowered its guidance for the full year.Business - The Wall Street Journal - 6 days ago -
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Best Gaming, Tech, And Toy Deals In Walmart's Early Black Friday Sale
Walmart’s first Black Friday Sale is now live, with hundreds of items now available for some of the best prices of the year. Despite the fact that we’re still technically weeks away from the ...Tech - GameSpot - November 11 -
Walmart sales beat again and outlook raised, as retailer cites ‘resilient’ US customers
Walmart’s stock headed for a record after another earnings beat, as general merchandise sales turned positive.Business - MarketWatch - November 19 -
How Hearing and Meeting Customer Expectations Boosted Walmart’s Sales
The giant retailer posted huge in-store and online sales gains through product and price diversification and cheaper, faster delivery, offering smaller stores an idea how to bolster their business, ...Business - Inc. - 6 days ago -
Silent Hill 2 For PS5 Drops To $30 In Walmart's Black Friday Sale
Silent Hill 2 received its first big price cut the other day when Best Buy and Amazon kicked off their Black Friday sales . The deal dropped the price of the recently released remake to $50. ...Tech - GameSpot - Yesterday -
Walmart's Black Friday Sale Is Now Live, Here Are The Best Discounts
Walmart is discounting a bit of everything for Black Friday this year, with big savings on everything from video games and controllers to Lego sets and laptops. Walmart+ members were given early ...Tech - GameSpot - Yesterday -
Nintendo Switch Mario Kart Bundle Is $249 In Walmart's Black Friday Sale
Nintendo Switch OLED Mario Kart 8 Deluxe Bundle $299 (was ...Tech - GameSpot - Yesterday
