Nike on Tuesday posted surprise sales growth in its fiscal first quarter but said it still has work ahead to execute its turnaround as it warned...
Category: Earnings
Nike shares jump on strong earnings, signs its turnaround is racing ahead under CEO Hill
Nike shares jumped in after-hours trading Tuesday after the sportswear maker’s quarterly results far exceeded Wall Street expectations, signaling that CEO Elliott Hill’s turnaround strategy is...
Costco tops earnings, revenue estimates as warehouse club gains more members
Costco on Thursday topped Wall Street’s expectations for quarterly earnings and revenue as the warehouse club posted double-digit gains in both membership income and its e-commerce...
Costco’s quarter wasn’t perfect, but most of the metrics that matter to investors were solid
Costco reported stronger-than-expected quarterly results Thursday evening, with both sales and adjusted earnings per share topping estimates, driven by robust membership fee growth and margin expansion....