Dividends

People make their way near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty ImagesWalgreens on Tuesday slashed its full-year earnings guidance as it fell short of Wall Street expectations for its fiscal third quarter due to lower consumer spending and a drop in demand for Covid vaccines and testing.The retail pharmacy chain lowered its earnings guidance to a range of $4.00 to $4.05 per share for the full year, down from its previous forecast of $4.45 to $4.65 per share.CEO…

Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty ImagesDarden Restaurants on Thursday reported quarterly earnings that topped Wall Street's expectations, fueled by strong LongHorn Steakhouse sales.But investors were disappointed by the company's forecast for fiscal 2024. Darden is anticipating adjusted earnings per share from continuing operations of $8.55 to $8.85, but analysts surveyed by Refinitiv were expecting earnings of $8.79 per…

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A dog sits in front of the New York Stock Exchange during Chewy Inc.'s initial public offering, June 14, 2019.Michael Nagle | Bloomberg | Getty ImagesShares of Chewy surged more than 13% in extended trading Wednesday after the pet retailer posted earnings that beat Wall Street's estimates.Here's how the digital retailer did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:Earnings per share: 5 cents, versus a loss of 4 cents a share expectedRevenue:…

Credit: Unsplash/CC0 Public Domain Carbon markets have become a critical policy tool to combat climate change. They allow firms that emit greenhouse gases to buy and sell the right to pollute, which gives the firms flexibility while also reducing carbon emissions at the lowest cost. A patchwork of dozens of markets exists around the world, often with drastically different prices for carbon credits. In a new paper, a University…

Customer vehicles sit parked outside an Advance Auto Parts automotive supply store in La Grange, Kentucky.Luke Sharrett | Bloomberg | Getty ImagesShares of Advance Auto Parts plummeted nearly 30% during premarket trading Wednesday after the company's first-quarter earnings significantly missed Wall Street's expectations and executives slashed the retailer's yearly guidance and quarterly dividend.The Raleigh-based auto parts supplier blamed its dismal first-quarter results and bleaker outlook on higher-than-expected costs…

Shares of Dollar Tree plunged about 14% Thursday after the company fell short of Wall Street's earnings expectations for the most recent quarter and slashed its profit outlook for the full year.Here's how the discounter did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:Earnings per share: $1.47, adjusted, vs. $1.52 expected Revenue: $7.32 billion vs. $7.28 billion expected The company's reported net income for the three-month period that ended April…

Pedestrians pass in front of an Abercrombie & Fitch Co. store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesShares of Abercrombie & Fitch soared more than 20% on Wednesday after the mall retailer beat estimates, raised its guidance and reported a surprise profit. Here's how Abercrombie did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:Earnings per share: 39 cents, adjusted, vs. a loss of 5 cents expectedRevenue: $836 million…

Bath & and Body Works entrance.Jeff Greenberg | Getty ImagesBath and Body Works' stock jumped more than 10% in premarket trading Thursday after it beat fiscal first quarter earnings expectations and raised its guidance. While sales and net income fell year over year, the retailer is now expecting full year 2023 earnings per share to be between $2.70 and $3.10, compared to the range of $2.50 to $3.00 given during the previous quarter. It expects adjusted earnings per share to be between $2.68 and $3.08 for the year.The…

A rendering of the Heinz Remix dispenserSource: Kraft HeinzFor more than 125 years, Heinz bottles have touted "57 varieties," a number completely made up by its founder with little to no real-life application.Now, Kraft Heinz wants to offer customers more than three times that number of condiment options through a new customizable sauce dispenser, created for food-service clients.The machine, called the Heinz Remix, is the latest example of Kraft Heinz leaning into its away-from-home segment to grow sales. The company has…