Earnings

Marijuana plants grow in the Mother Room at the Canopy Growth Corp. facility in Smith Falls, Ontario, Canada, on Tuesday, Dec. 19, 2017. Chris Roussakis | Bloomberg | Getty Images Canopy Growth said on Friday it will focus on reducing costs as the pot producer struggles with a slump in weed prices from oversupply and

A screen displays the transaction volume of the 24-hour Alibaba Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, China, November 12, 2019. Reuters China’s Alibaba beat analysts’ estimates for quarterly results on Thursday, driven by record sales during its annual Singles’ Day shopping blitz and demand for its cloud computing business. The e-commerce

Kraft and Heinz products Scott Olson | Getty Images Kraft Heinz said Thursday it would be pushing back the unveiling of its turnaround plan from March to May. The announcement came as the company saw its sales decline in the fourth quarter, despite higher prices. Net sales fell 5.1% to $6.54 billion, missing Wall Street’s

PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.45, adjusted, vs. $1.44 expected Revenue: $20.67 billion, vs.

Carnival Cruise Lines said Wednesday the deadly Chinese coronavirus could dent earnings this year by as much as 65 cents per share if the cruise line is forced to suspend its operations in Asia.  “While not currently planned, if the company had to suspend all of its operations in Asia through the end of April,

Harley Finkelstein, COO, Shopify Scott Mlyn | CNBC Canadian e-commerce company Shopify Inc on Wednesday posted better-than-expected quarterly earnings, helped by higher holiday sales, and forecast full-year revenue above Wall Street estimates, sending its U.S.-listed shares up about 9%. Shopify lets small businesses sell goods and services to customers by setting up stores on its

Shares of Twitter surged by 15% last Thursday after a record increase in quarterly user growth, but the social media company already has given back some of those stocks gains. That’s not a surprise, according to history, as big Twitter rallies in the recent past quickly reverse. Following similar one-day moves, Twitter shares are down,

Hasbro’s Star Wars The Black Series Hyperreal Episode V The Empire Strikes Back 8-Inch-Scale Darth Vader action figure. Sarah Whitten | CNBC Strong sales of “Star Wars” and “Frozen 2” toys helped boost Hasbro’s holiday sales during the fourth quarter, sending shares higher Tuesday. Net income rose to $267.3 million, or $2.01 per share, in

An Under Armour store front is seen on November 04, 2019 in Sunrise, Florida. Joe Raedle | Getty Images Under Armour shares plummeted Monday morning after the company reported sales that missed analysts’ estimates during the holiday quarter. Providing its 2020 outlook, Under Armour also said it expects the coronavirus outbreak in China to lower sales

A Popeyes restaurant is seen on in Washington D.C. Eric Baradat | AFP | Getty Images The return of Popeyes’ chicken sandwich helped parent company Restaurant Brands International top analysts’ expectations for its quarterly earnings and revenue. Shares of the company rose more than 1% in premarket trading on Monday. Here’s what the company reported compared

Pedestrians walk in front of the Zynga headquarters in San Francisco. David Paul Morris | Bloomberg | Getty Images Mobile game developer Zynga topped Wall Street estimates for quarterly bookings on Wednesday, riding on the success of its new titles “Merge Magic!” and “Game of Thrones Slots Casino.” The company reported bookings of $433 million

A 2020 Toyota Highlander goes down the line at the automaker’s plant in southern Indiana. Toyota Toyota Motor nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in. Automakers have

Ben Silbermann, co-founder and chief executive officer of Pinterest Inc., center, rings the opening bell on the floor on the New York Stock Exchange during the company’s initial public offering (IPO) in New York, on Thursday, April 18, 2019. Michael Nagle | Bloomberg | Getty Images Pinterest shares climbed as much as 16.7% in after-hours

Uber stock rose in extended trading on Thursday after the company announced a fourth-quarter loss that was narrower than analysts had expected and moved its EBITDA profitability forecast forward. The company’s shares spiked as much as 10% after hours when CEO Dara Khosrowshahi said on the company’s earnings call that the company was moving its

Canada Goose brand parkas in a store in New York. Noam Galai | WireImage | Getty Images Canada Goose said on Friday lower store traffic in China and travel restrictions due to the coronavirus epidemic would impact its revenue and lead to a smaller profit in 2020, sending its shares down 4%. The virus outbreak

PSA CEO Carlos Tavares and FCA CEO Mike Manley shake hands after signing a combination agreement that will lead to the creation of the world’s fourth-largest global automaker in terms of annual sales (8.7 million vehicles). FCA Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America

Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Coach handbag maker Tapestry on Thursday became the latest company to forecast a hit to its profit from the coronavirus outbreak in China, warning its sales could

Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter reported earnings for its fourth quarter of 2019 Thursday that missed analyst estimates for earnings per share but beat revenue and active user expectations. The stock

Natalie Behring | Bloomberg | Getty Images Michael Kors owner Capri Holdings cut its forecasts on Wednesday as it warned of a $100 million hit to revenue due to the coronavirus outbreak in China, which has led to 150 store closures and travel restrictions on high-spending tourists. A rapidly growing upper-middle class has made China

General Motors CEO Mary Barra Bill Pugliano | Getty Images DETROIT – General Motors is scheduled to report fourth-quarter earnings before the market opens on Wednesday. Here’s what Wall Street expects, according to Refinitiv consensus estimates: Adjusted earnings: 1 cent a share Revenue: $31.036 billion Wall Street’s attention is expected to be on the Detroit