Enrique Lores speaks at the HP Media Day at the 70th Cannes Film Festival at Majestic Barierre on May 22, 2017, in Cannes, France. Pierre Suu | HP | Getty Images HP stock rose as much as 3% on Tuesday after the company showed acceleration in revenue growth in the fiscal fourth quarter and issued
Earnings
Ralph Orlowski | Getty Images Dell Technologies cut its full-year revenue forecast on Tuesday as its PC business grapples with a shortage of chips from Intel, sending its shares down nearly 5% in extended trading. Dell is the third-biggest PC maker after China’s Lenovo and HP, with the business accounting for nearly half of its
Dong Wenjie | Moment | Getty Images Box raised its full-year revenue forecast on Tuesday after reporting better-than-expected third-quarter sales, as the cloud management platform benefited from higher customer addition. Shares of the Redwood City, California-based company rose about 4% in extended trading. Box raised full-year revenue forecast to a range of $693.7 million to
John Deere & Co. wheel loaders sit outside at Martin Equipment in Rock Island, Illinois. Daniel Acker | Bloomberg | Getty Images Deere on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers. For the quarter ended on
Intel CEO Robert Swan speaks at the Rakuten Optimism event in Yokohama, Japan, on July 31, 2019. Tomohiro Ohsumi | Getty Images PC makers are pointing at Intel as they tell Wall Street to expect lower revenue. Intel shares fell as much as 1.7% on Wednesday morning after both Dell and HP called out the
Best Buy is one of many retailers impacted by the U.S.-China trade war. NurPhoto | Getty Images Best Buy shares surged more than 4% in premarket trading after reporting earnings and revenue that beat analysts’ expectations while also raising its earnings guidance. Here’s what Best Buy reported compared to what analysts were expecting, based on
Kayaks are displayed outside of a Dick’s Sporting Goods Inc. store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported its strongest same-store sales gains since 2013, as its e-commerce sales grew 13% during the latest quarter, and it sold more apparel and footwear. The company
Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Abercrombie & Fitch fell short of quarterly same-store sales estimates on Tuesday, hit by sluggish demand for the teen apparel retailer’s surfwear-themed Hollister clothing line. Sales at established stores were flat in the third quarter ended
Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Shares of Nordstrom spiked more than 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates, and narrowed its 2019 earnings forecast. Although
The Gap and Old Navy stores located in Times Square, New York. Adam Jeffery | CNBC Gap Inc. on Thursday reported earnings and sales for the quarter that topped analysts’ expectations, after the company warned earlier this month that it was anticipating dismal results. Its shares were up about 1% in after-hours trading on the