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Business
Best Buy warns of layoffs as it issues soft full-year guidance
[ad_1] Best Buy surpassed Wall Street’s revenue and earnings expectations for the holiday quarter on Thursday, even as the company…
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Business
TJX tops earnings estimates but issues light guidance ahead of uncertain growth path
[ad_1] TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer.…
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Business
PepsiCo earnings top estimates, but quarterly revenue slides for the first time in nearly four years
[ad_1] Pepsi bottles are seen at the grocery store in Las Vegas, United States on November 17, 2023. Jakub Porzycki…
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Pics News
Walgreens posts earnings beat but slashes quarterly dividend nearly in half
[ad_1] A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis…
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Business
Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
[ad_1] A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois. …
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Business
Lululemon shares fall as retailer gives tepid holiday outlook
[ad_1] Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey. Mike Calia | CNBC…
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Business
Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract
[ad_1] NEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the…
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Pics News
Oil giant Saudi Aramco’s profit slides 23% in third quarter on lower crude prices, volumes
[ad_1] Saudi state oil giant Aramco posted a 23% drop in net profit in the third quarter to Sept. 30,…
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Pics News
Restaurant Brands’ revenue misses estimates, hurt by Burger King’s underperformance
[ad_1] Unlike McDonalds — which owns some 84% of its outlets in Russia — companies such as Burger King, Subway…
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