Tuesday, September 22, 2020
Tags Performance / results / earnings

Tag: performance / results / earnings

Costco Wholesale revenue rises 7.3% on coronavirus-induced stockpiling

(Reuters) - Warehouse club operator Costco Wholesale Corp () reported a 7.3% increase in quarterly revenue on Thursday, as people stocked up...

Macy’s forecasts $1 billion quarterly loss due to lockdowns

(Reuters) - Macy's Inc () forecast a quarterly operating loss of up to $1.11 billion on Thursday, as the retailer was forced...

Cowen expects Nike’s sales fall $3.5 billion for May quarter

(Reuters) - Nike Inc's () revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant reels from store...

Big UK airlines ground most of their fleets to survive coronavirus

LONDON (Reuters) - Britain's big airlines said on Monday they would have to ground most of their fleets to survive the coronavirus crisis, with...

Factbox: Aramco 2019 profit drops, a week after shares fell below...

DUBAI (Reuters) - Saudi Arabia's state-run oil giant Saudi Aramco announced a drop in its 2019 profit of nearly 21% on Sunday, falling well...

Aramco to cut capital spending over coronavirus; 2019 profits plunge

DUBAI (Reuters) - Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, and also posted...

Lufthansa slashes flight schedule further, may seek state aid

BERLIN (Reuters) - German flagship carrier Lufthansa () on Friday said it would scrap its annual dividend, slash its flight schedule further and is...

British Airways in battle for ‘survival’ over coronavirus

LONDON (Reuters) - British Airways warned that its survival was at stake on Friday as its CEO told staff of plans to cut jobs...

Cosmetics retailer Ulta Beauty beats holiday-quarter comparable sales estimates

(Reuters) - Cosmetics retailer Ulta Beauty Inc () beat market estimates for quarterly comparable sales on Thursday, as shoppers spent more at its stores...

Gap sees 2020 profit above estimates, flags $100 mln virus hit...

(Reuters) - Gap Inc () leaned on its turnaround plan to forecast 2020 profit above market expectations on Thursday, but flagged a $100 million...