Kohl’s cuts guidance, blaming inflation for softer sales from middle-income shoppers
Kohl's said its middle-income customers have been particularly pressured by higher inflation.
Cisco tops estimates on revenue and profit and gives optimistic annual sales forecast
Cisco said revenue will grow by about 5% in the new fiscal year, accelerating from 3% in the year that just ended
Lowe’s reports mixed second-quarter results, citing shortened spring that hurt sales
Lowe's said improved operations offset lower-than-expected sales that were hurt by a shortened spring.
Roblox misses on top and bottom, shares dip 12%
Roblox reported second-quarter results on Tuesday that missed analyst estimates on the top and bottom lines.
Coinbase shares drop on billion-dollar loss in second quarter and revenue miss
Coinbase's revenue declined almost 64% in the quarter as cryptocurrency prices fell.
Norwegian Cruise Line shares fall as revenue, outlook lag pre-pandemic levels
The company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead.
Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year
Electric vehicle maker Rivian maintained its full-year guidance for deliveries, but trimmed its full-year financial outlook.
Warby Parker slashes sales outlook for the year as loss widens
Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year.
Disney streaming subscriber growth blows past estimates, as company beats on top and bottom line
Disney posted better-than-expected earnings on both the top and bottom line, bolstered by increased spending at its domestic theme parks.