Latest in Drop Revenues
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Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - Yesterday -
Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.Business - MarketWatch - 2 days ago -
Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.Business - CNBC - 29 minutes ago -
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.Business - The Wall Street Journal - October 24 -
Safran Upgrades Guidance as Revenue Rises
The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.Business - The Wall Street Journal - 6 days ago -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - 23 hours ago -
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.Business - MarketWatch - October 15 -
Louis Vuitton Owner LVMH Misses Revenue Expectations
The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.Business - The Wall Street Journal - October 15 -
InterContinental Hotels' Revenue Per Available Room Rises
The group said it expected to close out the year in line with market expectations after third-quarter revenue per available room rose on year.Business - The Wall Street Journal - October 22 -
Air Liquide Revenue Hit by Lower Energy Prices
Air Liquide reported a drop in revenue for the third quarter and missed analysts’ expectations due to lower energy prices and negative currency effects.Business - The Wall Street Journal - October 23 -
IBM stock slips on disappointing consulting and infrastructure revenue
IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.Business - CNBC - October 24 -
Dexcom shares fall on slow revenue growth
Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.Business - CNBC - 6 days ago -
Moncler Revenue Falls on Lower Demand in Asia, Europe
The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.Business - The Wall Street Journal - Yesterday -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - Yesterday -
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.Business - The Wall Street Journal - Yesterday -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - Yesterday -
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 - 19 hours ago -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - 18 hours ago -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - 7 hours ago -
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.Business - CNBC - October 15 -
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.Business - CNBC - October 15 -
Chip industry faces talent shortage as revenues head to $1 trillion | Deloitte
Deloitte says the chip industry will hit $1T in 2030, but a huge talent shortage looms across the entire world.Tech - VentureBeat - October 15 -
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
Netflix’s third-quarter revenue and subscriber numbers beat expectations
US streaming service is investing heavily in live sporting events to differentiate from rivalsBusiness - Financial Times - October 17 -
Trump family will get 75 percent of crypto token revenue
The Trump family's cryptocurrency platform, World Liberty Financial, indicated in a report released Thursday that DT Marks DEFI LLC, a Delaware-based company connected to the former president, ...Politics - The Hill - October 17 -
MLS attendance and sponsorship revenue hit regular season records
Major League Soccer saw growth in regular season attendance and sponsorship revenue after implementing a new performance team. Lionel Messi helped, too.Business - CNBC - October 22 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22 -
MLS attendance and sponsorship revenue break records — and it's not just because of Messi
Major League Soccer scored several regular season records, including for attendance and sponsorship, thanks in part to international superstar Lionel Messi — and corporate strategy.Top stories - NBC News - October 22 -
Perplexity CEO Proposes Revenue Deals for Publishers After Lawsuit
Wall Street Journal parent Dow Jones sued the AI startup this week, alleging copyright infringement.Tech - The Wall Street Journal - October 23 -
Tesla shares jump in third-quarter earnings even as expected revenue is lower
After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...World - The Guardian - October 23 -
UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - October 24 -
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.Business - MarketWatch - October 24