Deal Alert: Altria Group buys mammoth stake in Canadian cannabis giant Cronos Group
Phillip Morris-parent Altria Group, Inc. (MO) today announced a deal to invest CAD 2.4 billion (about $1.8 billion) in Toronto-based...
Earnings
Magellan Health (Nasdaq: MGLN) announces fiscal 2019 earnings outlook
Fortune-500 company Magellan Health, Inc. (NASDAQ: MGLN) today announced its fiscal 2019 outlook. The healthcare giant now sees net revenue...
Vail Resorts posts wider loss in Q1
Vail Resorts Inc. (MTN) reported a wider loss in the first quarter due to the effect of acquisition and integration...
Big Lots’ shares tank 13% over bigger-than-expected Q3 loss and guidance cut
Big Lots Inc.’s (BIG) shares crashed over 13% during premarket hours on Friday after the company reported a wider-than-expected loss...
Broadcom stock jumps after Q4 results crush estimates
A further strong growth in demand across all the main business segments lifted Broadcom’s (AVGO) fourth-quarter earnings and revenues. Shares...
American Outdoor Brands (AOBC) beats Q2 targets, stock surges
Smith & Wesson gunmaker American Outdoor Brands (Nasdaq: AOBC) reported second-quarter earnings results. For the three-month period, the gunmaker’s adjusted EPS jumped...
Lululemon Athletica Q3 profit jumps 60%, beats estimates
Athletic apparel retailer Lululemon Athletica (LULU) reported a 60% jump in earnings for its third quarter helped by an increase...
United Natural Foods’ stock dwindles on Q1 earnings miss
United Natural Foods (Nasdaq: UNFI) was down 4% in the after-market session after its Q1 earnings fail to beat analyst...
Fresh hope for Sears after chairman Eddie Lampert makes buyout offer
It surprised many when Eddie Lampert, chairman of embattled retailer Sears (SHLD), Thursday came up with a fresh offer to...
Big Lots Q3 earnings preview: Focus is on costs and Store of the Future initiatives
Big Lots (BIG) is set to announce its third quarter numbers on December 7 before the market opens. Analysts forecast...
Toro posts weak Q4 earnings, guidance
Landscaping, maintenance and irrigation equipment maker The Toro Co. (TTC) reported a 15% increase in earnings for the fourth quarter...
G-III Apparel’s stock plunges 13% despite Q3 earnings beat
G-III Apparel Group Ltd. (GIII) reported better-than-expected earnings for the third quarter of 2019 but revenues came in shy of...
Signet Jewelers stock dips on weak Q3 results
Signet Jewelers (SIG) reported a wider loss in the third quarter due to the unfavorable impact related to the outsourcing...
Momo misses Q3 earnings estimates but revenues come in line
Momo Inc. (MOMO) missed market expectations on earnings for the third quarter of 2018 while revenues came in line with...
H&R Block stock drops after Q2 loss widens; revenues beat estimates
H&R Block (HRB) Thursday reported a wider net loss for the second quarter of 2019, owing to higher expenses and...
Kroger Q3 profit dips 20% but beats estimates
The Kroger Co. (KR) reported a 20% dip in earnings in the third quarter due to higher costs and expenses...
Thor’s stock tanks 7% on disappointing Q1 results
Thor Industries Inc. (THO) missed analysts’ expectations on revenue and earnings for the first quarter of 2019, sending shares plummeting...
The Children’s Place posts mixed Q3 results, slashes full-year earnings outlook
Specialty retailer of kids’ apparel, The Children’s Place (PLCE), reported third-quarter earnings of $3.07 per share, narrowly missing the Street...
Genesco Inc (NYSE: GCO) Q3 2019 Earnings: results fall short of estimates
Genesco Inc (GCO) posted net sales for the third quarter of $713 million, down 1% — falling short of analyst...
Synopsys swings to Q4 profit on tax benefit
Synopsys Inc. (SNPS) swung to a profit in the fourth quarter from a loss last year, helped by a benefit...
Okta surpasses top and bottom line estimates for Q3
Okta (OKTA) reported its Q3 2019 earnings results on Wednesday evening. The company’s top and bottom line results beat analysts’...