Latest in Earnings Expectations Shoppers
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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 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
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 -
Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...Business - The Wall Street Journal - October 29 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
Nvidia’s Decade of Dominance Creates Absurd Earnings Expectations
Wall Street calls the chipmaker the most important stock in the world for a reason.Business - Inc. - 6 days ago -
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 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
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 -
Humana’s earnings boosted as Medicare Advantage membership exceeds expectations
The health insurer’s profit and revenue top estimates, while its stock is on track for its biggest one-day gain in more than a year.Business - MarketWatch - October 30 -
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 -
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 -
Disney hails ‘momentum’ as Deadpool and Inside Out 2 boost box office returns
Company tells shareholders it expects ‘double-digit percentage growth’ in 2026 and 2027. Walt Disney is trying to roll the credits on its years-long battle to reassure Wall Street and Hollywood ...World - The Guardian - November 14 -
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 -
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 -
How Trump Can Earn a Place in History That He Did Not Expect
The president-elect has a starting point: the plan for a two-state solution that he put out in January 2020.Top stories - The New York Times - November 19 -
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 -
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 robustTech - ABC News - 6 days ago -
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectationsBusiness - CNBC - October 29 -
HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations
Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.Business - CNBC - October 29 -
Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations
Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.Business - CNBC - October 30 -
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 -
The year's top tech stock is up 300% thanks to AI — but it's not Nvidia
With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.Business - CNBC - November 4 -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.Business - CNBC - November 12 -
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 -
Shoppers warned over luxury advent calendar scams
The consumer group Which? is urging shoppers looking for a good deal to beware of fake offers.Top stories - BBC News - November 5 -
UK shoppers hit by taramasalata shortage after strike
Workers at food manufacturer Bakkavor have walked out in a dispute over payBusiness - Financial Times - November 11 -
In the race for holiday shoppers' dollars, Amazon is setting the pace
Rival retailers tend to follow Amazon whenever it launches online discounts. But landing on deals is increasingly a game of luck, as many appear unannounced.Top stories - NBC News - November 19 -
Your personal shopper . . . on the other side of the world
Want an exclusive luxury handbag or the latest iPhone at a cheaper price? Send someone to buy it for you via an appWorld - Financial Times - 4 days ago -
Shoppers see some relief this year for Thanksgiving groceries
Shoppers buying Thanksgiving groceries are seeing some relief at the register for the first time in years. The price of staples like turkey, pumpkin and green beans are down compared to last year, ...Top stories - CBS News - 2 days ago -
Black Friday shoppers warned to be wary of deals
Nine out of 10 Black Friday offers are cheaper or the same price at other times of the year, Which? finds.Top stories - BBC News - 19 hours ago -
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