Adidas warns of first annual loss in three decades and cuts dividend after Ye split
Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West's Yeezy brand in...
Nordstrom earnings top expectations as retailer starts winding down Canada operations
Nordstrom has struggled with slower sales, more markdowns and pressure from activist investor Ryan Cohen.
Norwegian Cruise Line shares fall 10% as soft outlook, wider losses eclipse strong demand
Norwegian Cruise Line's stock fell as high costs and debt weigh on the company even as travel demand has stayed strong.
Rocket Lab quarterly revenue stays steady as space company doubles order backlog
Rocket Lab said Tuesday it has doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million...
Virgin Galactic completes lengthy upgrade process ahead of resuming spaceflights
Virgin Galactic reported fourth-quarter results on Tuesday, with the company saying it remains on track to resume spaceflights in the coming months.
Lowe’s offers soft sales outlook, warning of a ‘cautious consumer’
Lowe's issued a conservative outlook for the next fiscal year as the home improvement sector faces pressure from a shift in consumer spending.
Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
The results follow slower-than-expected production, unexpected pricing pressure and plans to lay off 6% of its workforce in a bid to conserve cash.
Kohl’s posts surprising holiday-quarter loss, offers weak sales outlook
Kohl's sales for the holiday quarter came in well below Wall Street's expectations.
Salesforce shares jump 16% on better-than-expected forecast
Salesforce shares surged in extended trading on Wednesday on an optimistic earnings outlook.