Snowflake stock falls as executives forecast a narrower margin than expected
Snowflake maintained its full-year projections, show that it continues to expect revenue growth to slow from its days as a newly minted public company.
Dick’s shares rally despite lower forecast; company says outdoor hobbies will outlast pandemic
Dick's trimmed its outlook for the year amid uncertain economic conditions, but the retailer said it isn't yet seeing any dramatic shifts in its business.
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.
Zoom pops 16% on first-quarter earnings beat and strong guidance
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.
Nordstrom raises full-year outlook as first-quarter sales top expectations
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."
Abercrombie & Fitch shares fall 29% after retailer posts loss, offers weak outlook
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
Snap plunges 30% after CEO warns company will miss revenue and earnings estimates, slow hiring
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 stock jumps after company lifts full-year forecast
Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.
Kohl’s says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss
Kohl's joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.