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Shopify profit forecast misses on higher spending, shares fall

Canadian e-commerce software maker Shopify Inc's full-year adjusted operating income forecast fell short of analysts' estimates on Tuesday, overshadowing a strong quarterly profit beat and sending its shares down 4 percent......»»

Category: topSource: reutersFeb 12th, 2019

Higher store spending to hit Dollar General 2019 profit, shares fall

Dollar General Corp forecast 2019 profit below analysts' expectations on Thursday as the discount retailer ramps up spending on stores to pull in more customers, sending its shares down more than 7 percent......»»

Category: topSource: reutersMar 14th, 2019

Dollar General 2019 profit forecast disappoints, shares fall 6 percent

Dollar General Corp forecast 2019 profit below analysts' expectations on Thursday as the discount retailer ramps up spending on stores to pull in more customers, sending its shares down nearly 6 percent......»»

Category: topSource: reutersMar 14th, 2019

Whirlpool full-year profit forecast disappoints, shares fall

U.S. home appliances maker Whirlpool Corp's forecast full-year adjusted profit below analysts' expectations, citing a higher tax rate, costs and a strong dollar, sending its shares down nearly 7 percent after the bell on Monday......»»

Category: topSource: reutersJan 28th, 2019

Halliburton shares fall as North America lags

Shares of oilfield firm Halliburton Co fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending......»»

Category: topSource: reutersJan 22nd, 2019

Kohl"s profit forecast misses estimates, shares slip

Kohl's Corp shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher discounts during the holiday season......»»

Category: topSource: reutersNov 20th, 2018

AmEx profit tops estimates on customer spending surge, shares rise

(Reuters) - Credit card issuer American Express Co topped Wall Street targets for quarterly profit and forecast annual earnings at the high end of its expected range as a strengthening U.S. economy contributed to higher customer spending......»»

Category: topSource: reutersApr 18th, 2018

IBM full-year profit forecast misses estimates, shares fall

(Reuters) - International Business Machines Corp's full-year profit forecast fell short of Wall Street targets on Tuesday, sending the technology company's shares down as much as 6 percent......»»

Category: topSource: reutersApr 17th, 2018

IBM full-year profit forecast misses, shares fall

(Reuters) - International Business Machines Corp reported full-year profit forecast that missed Wall Street expectations, sending the shares of the company down 6 percent in extended trading......»»

Category: topSource: reutersApr 17th, 2018

Nike misses North America revenue estimates, shares drop

Nike Inc missed North American quarterly revenue estimates on Thursday amid higher spending on new products and online initiatives, sending its shares down 3 percent in extended trading......»»

Category: topSource: reuters6 hr. 33 min. ago

China Geely Auto"s full-year profit jumps 18 percent, shares climb

China's Geely Automobile Holdings posted an 18 percent jump in annual net profit, driven by higher sales of its sedans and sports utility vehicles (SUVs), but forecast flat sales growth in 2019 due to uncertainty about domestic demand......»»

Category: topSource: reuters19 hr. 3 min. ago

Price hikes drive General Mills profit beat, forecast raise; shares jump

Cheerios cereal maker General Mills racked up higher-than-expected profit in the third quarter after it lifted prices to combat higher costs, spurring a rise in its full-year forecast and driving shares up 6 percent......»»

Category: topSource: reutersMar 20th, 2019

FedEx misses earnings estimates, cuts full-year EPS forecast again

Package delivery company FedEx Corp missed analysts' estimates for quarterly profit and cut its full-year earnings per share forecast for the second time, citing weaker global trade growth, sending its shares down 5 percent on Tuesday......»»

Category: topSource: reutersMar 19th, 2019

Higher store investments to hit Dollar General profit, shares fall 10 pct

Dollar General Corp will plow back a part of its 2019 profit to revamp its supply chain and add self-checkout lanes at its stores as it competes with online grocers and U.S. chains Walmart Inc and Kroger Co......»»

Category: topSource: reutersMar 14th, 2019

GE forecasts 2019 profit below estimates, shares fall

General Electric Co forecast profits for 2019 that were below analysts' estimates on Thursday, as the company spends to restructure its ailing power business......»»

Category: topSource: reutersMar 14th, 2019

Dollar General 2019 profit forecast falls short of estimates

Dollar General Corp forecast 2019 profit below analysts' expectations on Thursday as it ramps up spending on stores, sending the shares of the discount retailer down nearly 5 percent in premarket trading......»»

Category: topSource: reutersMar 14th, 2019

Best Buy shares surge on upbeat forecast

Best Buy shares zoomed 15 percent higher Wednesday morning after the consumer electronics retailer gave an upbeat profit forecast. Fred Katayama reports......»»

Category: videoSource: reutersFeb 27th, 2019

Best Buy shares surge on upbeat forecast

Best Buy shares zoomed 15 percent higher Wednesday morning after the consumer electronics retailer gave an upbeat profit forecast. Fred Katayama reports......»»

Category: topSource: moneycentralFeb 27th, 2019

Home Depot profit outlook disappoints, shares fall

Home Depot Inc forecast full-year earnings well below Wall Street estimates on Tuesday and reported disappointing quarterly sales, with analysts pointing to the impact of a snowy U.S. winter on construction activity......»»

Category: topSource: reutersFeb 26th, 2019

Home Depot misses profit estimates, shares fall

Quarterly net sales rose to $26.49 billion, but missed analysts' expectations of $26.57 billion......»»

Category: topSource: foxnewsFeb 26th, 2019

CVS 2019 profit forecast a wide miss, shares fall 9 percent

CVS Health Corp on Wednesday forecast 2019 profit well below Wall Street forecasts due to weakness in its pharmacy business that serves long-term care facilities and slower than anticipated growth in drug prices, sending shares down as much as 9 percent......»»

Category: topSource: reutersFeb 20th, 2019