Best Buy says softer demand is sticking around, but company isn’t planning for a recession
Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.
Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to...
Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.
Kohl's joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.
China's Covid lockdowns have hurt advertiser sentiment, while Tencent's ad business has also taken a knock from competition from rivals.
Cisco has gone from growth to flat revenue, and now it's calling for a decline as it sees costs mounting from the war between Russia...