Newsfeeds Archive - Page 368 of 398

1 minute read

BJ’s Wholesale Club Q2 Highlights: Earnings Beat, Traffic Gains, Merchandise Margin Rate Pressure & More

August 18, 10:47 AM

BJ’s Wholesale Club Holdings Inc (NYSE:BJ) reported second-quarter FY22 revenue growth of 22.2% year-on-year to $5.10 billion, beating the consensus of…

1 minute read

Beauty Products Provider Estee Lauder’s Q4 Beats But Outlook Disappoints

By Shivani Kumaresan

August 18, 9:59 AM

Estee Lauder Companies Inc (NYSE:EL) reported a fourth-quarter sales decline of 10% year-on-year to $3.56 billion, beating the consensus of $3.43…

1 minute read

Kohl’s Shares Drop As Inflation Affects Q2 Earnings; Cuts FY22 Outlook Sharply

By Shivani Kumaresan

August 18, 8:49 AM

Kohl’s Corp (NYSE:KSS) reported a second-quarter FY22 revenue decline of 8.1% year-on-year to $4.09 billion, beating the consensus of $3.85 billion.…

KSS

1 minute read

ADT Picks Ken Porpora As Finance Chief; Names Jeff Likosar To Newly Created Role

By Shivani Kumaresan

August 17, 3:37 PM

ADT Inc (NYSE:ADT) has appointed Ken Porpora as Executive Vice President and Chief Financial Officer. He will succeed Jeff Likosar, who…

ADT

1 minute read

Membership Collective Cuts Annual Guidance Citing Headwinds From FX & Hong Kong

By Shivani Kumaresan

August 17, 3:18 PM

Membership Collective Group Inc (NYSE:MCG) reported second-quarter FY22 sales growth of 96.5% year-on-year to $243.77 million, beating the consensus of $240.77…

MCG

1 minute read

Udemy Expands Global Footprint Via This Exclusive Partnership

By Shivani Kumaresan

August 17, 2:59 PM

Udemy Inc (NASDAQ:UDMY) said it is expanding into China through a partnership with digital transformation training provider Sanjieke. The partnership will enable…

UDMY

1 minute read

ADM Partners With New Culture For Animal-Free Dairy Products

By Shivani Kumaresan

August 17, 2:51 PM

Archer-Daniels-Midland Co (NYSE:ADM) has signed a strategic partnership with New Culture, an animal-free dairy company, to develop and commercialize alternative…

ADM

1 minute read

CVS Health, Walmart & Walgreens Ordered To Pay $650.6M In Opioid Case: Reuters

By Shivani Kumaresan

August 17, 1:31 PM

Pharmacy operators CVS Health Corp (NYSE:CVS), Walmart Inc (NYSE:WMT), and Walgreens Boots Alliance Inc (NASDAQ:WBA) will be required to pay $650.6 million to…

CVS

1 minute read

Children’s Place Shares Plummet As Inflation Batters Q2 Earnings

By Shivani Kumaresan

August 17, 12:34 PM

Children’s Place Inc (NASDAQ:PLCE) reported a second-quarter FY22 sales decline of 8% year-on-year to $380.89 million, missing the consensus of $382.42…

PLCE

1 minute read

Worksport Launches E-Commerce Platform

By Shivani Kumaresan

August 17, 11:36 AM

Worksport Ltd (NASDAQ:WKSP) has launched a new eCommerce platform, shopworksport.com. Through the newly launched e-Commerce platform, the company will begin…

WKSP