earnings News
Nike Shares Slide as Margin Pressure, China Woes Eclipse Profit Beat
The sneaker giant's direct-to-consumer sales fell 8% and gross margins narrowed sharply, signaling strategic headwinds that overshadowed better-than-expected earnings.
Nike Surges as Strong Sales and Earnings Crush Estimates
The sportswear giant reported Q2 revenue of $12.4 billion and EPS of $0.53, signaling a potential rebound in consumer demand and effective cost management.
FedEx Shares Rise After Boosting Full-Year Profit Forecast
Logistics giant beats Q2 earnings and revenue estimates, signaling its major cost-cutting overhaul is delivering results ahead of schedule.
Cintas Lifts Full-Year Outlook After Topping Q2 Estimates
The business services giant raised its revenue and profit forecasts, signaling confidence in continued demand, though its shares saw a muted response in morning trading.
Darden Stock Rises as Strong Sales Outweigh Minor Profit Miss
Olive Garden parent beats revenue expectations on robust consumer demand, easing investor concerns over a slight earnings shortfall and cost pressures.
CarMax Rallies as Profit Beat Eases Fears of Deeper Sales Slump
The used-car retailer surpassed Wall Street's gloomy expectations, but an 8% drop in retail units sold highlights persistent pressure on consumer demand.
Enerpac Stock Holds Firm as Stable Outlook Offsets Q1 Earnings Miss
The industrial tool firm reaffirmed its full-year guidance and continued an aggressive share buyback program, assuaging investor concerns over a slight revenue shortfall.
OPTT Stock Plunges 29% on Severe Q2 Revenue and Earnings Miss
Ocean Power Technologies' revenue fell 83% short of estimates, with the company citing delays from a U.S. government shutdown as losses nearly tripled.