Breaking News: Earnings

Shoppers exit the Nordstrom at the Westfield Topanga mall on August 14, 2023. Christina House | Los Angeles Times | Getty ImagesNordstrom's holiday-quarter sales topped Wall Street's expectations on Tuesday, but the retailer gave a muted outlook for the year ahead. The Seattle-based company said it plans to open new Nordstrom Rack stores and drive higher online and in-store sales in the coming year. Yet it said full-year revenue, including retail sales and credit cards, will range from a 2% decline to a 1% gain compared…

Shares of Amer Sports, the maker of Wilson tennis rackets and Lousiville Slugger baseball bats, fell 6% in premarket trading Tuesday even after the company said its holiday-quarter losses narrowed, driven by strong sales in China.Here's how the newly public athletic company did in its fourth fiscal quarter. CNBC didn't compare the results to Wall Street estimates because it's the first earnings report since Amer Sports went public.Loss per share: 25 centsRevenue: $1.32 billionIn the three months ended December 31, the…

The Target logo is seen on its store on 42nd Street in Times Square, New York City.Deb Cohn-Orbach | UCG | Universal Images Group | Getty ImagesTarget will report its holiday-quarter results and year-ahead outlook on Tuesday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting for the company's fourth quarter:Earnings per share: $2.41 expectedRevenue: $31.83 billion expectedTarget, which sells a lot of discretionary merchandise such as clothing and home goods, has posted declining…

People walk past a Best Buy store in Manhattan, New York City, November 22, 2021.Andrew Kelly | ReutersBest Buy surpassed Wall Street's revenue and earnings expectations for the holiday quarter on Thursday, even as the retailer navigated through a period of tepid consumer electronics demand and guided to a softer year ahead.For this fiscal year, Best Buy anticipates revenue will range from $41.3 billion to $42.6 billion. That would mark a drop from the most recently ended fiscal year, when full-year revenue totaled $43.45…

Employee Mo Soto arranges a shelf at a Birkenstock store on October 10, 2023 in Venice, California. Ethan Swope | Getty ImagesBirkenstock on Thursday beat holiday quarter revenue expectations, reporting a 26% year-on-year jump, as the German sandal company benefited from higher pricing and rising U.S. demand.Here's how the shoemaker did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: 4 euro cents vs. 9 euro…

A HomeGoods shopping cart area in front of a T.J. Maxx store in Pinole, California, US, on Wednesday, May 3, 2023.David Paul Morris | Bloomberg | Getty ImagesTJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer. Here's how TJX did in its fourth fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $1.22 vs. $1.12 expectedRevenue: $16.41 billion vs. $16.21 billion…

The Macy's logo is seen at its store in Herald Square in New York City on Jan. 19, 2024.Michael M. Santiago | Getty ImagesMacy's on Tuesday said sales fell nearly 2% in the holiday quarter, as the 166-year-old department store operator unveiled its strategy to get back to growth. The retailer said it expects sales to remain stagnant. It projected net sales of between $22.2 billion to $22.9 billion for this fiscal year, down from $23.09 billion in 2023. It anticipates comparable sales, which take out the impact of store…

The Lowe's logo is displayed on the front of the store near Bloomsburg.Paul Weaver | Lightrocket | Getty ImagesLowe's on Tuesday beat Wall Street's quarterly earnings and revenue estimates, even as the company continued to see customers tackle fewer home projects. The home improvement was going up against lower expectations for its fourth quarter. It had cut its full-year forecast in November, after CEO Marvin Ellison said the company had felt a "greater-than-expected pullback" on pricier items and discretionary home…

The logo of Home Depot is seen on a signboard near its store in Seattle. Home Depot is expected to report its quarterly earnings this week. Toby Scott | Lightrocket | Getty ImagesHome Depot will report its fiscal fourth-quarter earnings on Tuesday, as investors look for signs that demand for kitchen appliances and supplies for home improvement projects may be rebounding as inflation cools.Here's what Wall Street analysts are expecting, according to a survey by LSEG, formerly known as Refinitiv:Earnings per share:…

A Walmart in Atlanta, Georgia, on Sunday, Feb. 19, 2023.Dustin Chambers | Bloomberg | Getty ImagesWalmart will report its holiday quarter results on Tuesday morning, as investors try to get a clearer picture of what the year ahead holds for retailers and the U.S. economy.Here's what Wall Street analysts expect, according to a survey by LSEG, formerly known as Refinitiv:Earnings per share: $1.65Revenue: $170.71 billionAs the nation's largest retailer and private employer, Walmart often serves as a barometer for how…