Tag: Earnings

Q4 Earnings Report for Canada Goose (GOOS) in 2024

Canada Goose shares surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced it was expecting year-over-year sales growth for fiscal year 2025. The stock market saw a positive reaction to the news, with investors excited about the company’s performance. Earnings per share came in at 5 Canadian cents, […]

Walmart Reports Strong Earnings for Q1 of 2025

Walmart Set to Report Earnings Amidst Uncertainty in Consumer Behavior As Walmart prepares to release its earnings report on Thursday, all eyes are on the retail giant to provide insight into the state of the American economy. With analysts predicting adjusted earnings per share of 52 cents and revenue of $159.50 billion, the expectations are […]

Emirates Airline Achieves Record Annual Profit Amid Boom in Travel Demand

Emirates Airlines Reports Record Annual Profit in 2023-2024 Financial Year Dubai-based carrier Emirates airline has announced a record annual profit of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 financial year, marking a 63% increase from the previous year. The airline, known as the flag carrier of the UAE, has experienced a strong recovery in […]

Q1 2024 Earnings Report for The Home Depot (HD)

The Home Depot recently reported quarterly revenue that fell below Wall Street’s expectations, citing a slowdown in customer spending on bigger projects like kitchen and bath remodels due to higher interest rates. The company reaffirmed its full-year guidance, including an additional week from the prior year, with total sales expected to grow about 1% in […]

Consumer spending slowing down reflected in Home Depot earnings

Home Depot Earnings Show Consumer Trends Shifting The latest earnings report from Home Depot (HD) reveals a shift in consumer behavior, as shoppers appear to be putting their HGTV dreams on hold. The home improvement retailer posted revenue of $36.42 billion, slightly below Wall Street expectations of $36.66 billion. Adjusted earnings per share came in […]

Alibaba’s (BABA) Fourth Quarter 2024 Earnings

Alibaba, the Chinese e-commerce giant, is making waves in the tech world with its announcement of a new artificial intelligence chatbot rival to ChatGPT. The company revealed that its own product is currently undergoing internal testing, sparking excitement among tech enthusiasts worldwide. In its fiscal fourth quarter ended in March, Alibaba posted strong revenue numbers, […]

SoftBank reports its Q4 and full year earnings for FY 2023

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market, and geopolitics. Despite these challenges, SoftBank managed to post a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund […]

Consumer Demand Remains Strong for Sweetgreen, Chipotle, and Wingstop

The restaurant industry has been facing a significant slowdown in sales and traffic, causing many eateries to struggle. However, some high-income consumer-driven chains like Chipotle Mexican Grill, Wingstop, and Sweetgreen have managed to report strong sales in the current quarter, defying the broader trend. While companies like McDonald’s, Starbucks, and Yum Brands have experienced a […]

Disney streaming thrives while cable TV declines

The Walt Disney Company CEO Bob Iger is paving the way for the future with impressive strides in the streaming industry. After five years of hard work, Disney is on the brink of turning a profit in its streaming units, with just a minor loss of $18 million between Disney+, Hulu, and ESPN+ in the […]

Google employees express concerns to executives about decline in morale following earnings report

Google’s business is booming, with its fastest growth rate in two years and a market cap surpassing $2 trillion following a blowout earnings report. However, employees have expressed concerns about why this success isn’t translating into higher pay and the continued implementation of cost-cutting measures. At an all-hands meeting with CEO Sundar Pichai and CFO […]

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