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Micron to Layoff 10% of Employees and Suspends Bonuses

Rebecca Urena12/22/2022

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Micron (NASDAQ: MU), a semiconductor maker, reported disappointing first-quarter earnings Wednesday and simultaneously announced it would be cutting 10% of its workforce. The company’s shares fell over 1% in...

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Nike Q2 Earnings Top Analysts’ Expectations

Rebecca Urena12/21/202212/21/2022

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Nike (NYSE: NKE) reported second-quarter earnings that surpassed Wall Street expectations and consequently raised its outlook. The company’s shares rose over 10% during after-hours trading amid the news. The...

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Darden Reports strong Q2 Earnings

Rebecca Urena12/16/2022

18187

Darden Restaurants (NYSE: DRI) reported better-than-expected second-quarter earnings Friday as consumers continued to eat out despite rising inflation. Furthermore, the company raised its earnings forecast for fiscal 2023 to...

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Oracle Tops Second Quarter Earnings

Rebecca Urena12/14/2022

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Oracle (NYSE: ORCL) shares rose about 4% during after-hours trading Monday following the report of fiscal second-quarter earnings that topped analysts’ expectations. Nevertheless, the company disclosed a lighter earnings...

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Lululemon Offers Weak Holiday Quarter Guidance Despite Strong Q3 Earnings

Rebecca Urena12/09/2022

16417

Lululemon’s (NASDAQ: LULU) third-quarter results Thursday topped wall street expectations. However, the company provided weaker fourth-quarter guidance. Shares plummeted over 7% in after-hours trading. The multinational athletic apparel retailer...

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GameStop Shares Rise Despite Q3 Earnings Miss

Rebecca Urena12/08/2022

16845

GameStop (NYSE: GME) reported a decline in third-quarter sales and a dip in its cash pile as it aims to further expand its digital presence. Nevertheless, the company’s shares...

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Paramount Shares Sink after CEO Lowers Fourth-Quarter Ad Revenue Forecast

Rebecca Urena12/07/2022

16807

Shares of Paramount Global (NASDAQ: PARA) plummeted approximately 8% Tuesday after CEO Robert Bakish reduced expectations for the company’s advertising sales throughout the fourth quarter. The move has impacted...

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VF Corp. Lowers Guidance Following CEO Departure

Rebecca Urena12/05/202212/05/2022

16410

VF Corporation (NYSE: VFC), parent company of The North Face and Timberland, cut its revenue and earnings expectations for the second half of its fiscal year. Furthermore, the company...

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Kroger Increases Forecast Amid Strong Q3 Earnings

Rebecca Urena12/01/202212/01/2022

20026

Kroger (NYSE: KR) raised its forecast for the year after reporting strong third-quarter earnings. The news comes despite the fact inflation has pushed up prices for products like milk,...

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Gap Tops Third-Quarter Expectations

Rebecca Urena11/18/202211/18/2022

17433

Gap (NYSE: GAP) reported positive third-quarter earnings on Thursday but presented a cautious forecast for the holiday season. The company’s shares rose about 8% during extended trading amid the...

Tag: earnings

Micron to Layoff 10% of Employees and Suspends Bonuses

Nike Q2 Earnings Top Analysts’ Expectations

Darden Reports strong Q2 Earnings

Lululemon Offers Weak Holiday Quarter Guidance Despite Strong Q3 Earnings

GameStop Shares Rise Despite Q3 Earnings Miss

Paramount Shares Sink after CEO Lowers Fourth-Quarter Ad Revenue Forecast

VF Corp. Lowers Guidance Following CEO Departure

Kroger Increases Forecast Amid Strong Q3 Earnings

Gap Tops Third-Quarter Expectations

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