American Eagle saw profits grow nearly 60% as costs come down

Read Time:7 Second

American Eagle missed sales targets for a second quarter in a row but its profits were 60% higher as inflationary costs begin to tick down.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

Olive Garden parent Darden Restaurants reported weaker-than-expected earnings and revenue for its fiscal first quarter.

Our companies' performances were reflective of the S&P 500 firms in aggregate.

Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.

Oracle is projecting higher revenue and capital expenditures as its cloud-computing arm grows.

Investor concerns around the AI boom, coupled with the market's sensitivity to the Fed's next policy move, have caused Wall...

In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to...