Victoria's Secret reported Q1 FY24 results with a revenue decline of 3.4% and a 5% decrease in total comparable sales. CEO remains cautiously optimistic for future performance.
Early indications from the futures market suggest caution after Wednesday’s exhilarating run. Earnings news continues to be positive, reinforcing the strength in corporate profit growth.
NIO Inc. reported Q1 2024 revenue of 9.91 billion yuan, down 7.2% YoY and 42.1% QoQ. Vehicle deliveries and revenue also decreased. Loss per share was $0.33. Q2 delivery guidance is 54,000-56,000 units with expected revenue growth. NIO stock down 33% in 12 months.
Lululemon's shares surge in premarket trading following its first-quarter earnings report, which revealed strong comparable sales growth and plans for international expansion, despite concerns over the recent departure of its product chief to Vans, V.F. Corporation's struggling brand.
Sprinklr shares are falling after the company reported its first-quarter financial results and appointed a new co-CEO Wednesday. Here's a look at the key figures from the report.