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Tag: Breaking News: Earnings

Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimates

An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly adjusted earnings that were down 90% from the year-ago period as dining room closures hit business and dented operating margins. But many customers moved to order …

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Lululemon (LULU) reports fiscal Q3 2019 earnings beat

Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon on Wednesday reported quarterly earnings and sales that topped analysts’ estimates, as more shoppers around the world picked up its yoga pants and sports bras. And its men’s business continued to grow. But …

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Restoration Hardware (RH) earnings Q3 2019

RH, the company formerly known as Restoration Hardware, posted fiscal third-quarter earnings Wednesday that topped analysts’ estimates, but left its forecast for the current quarter largely unchanged. RH shares were recently trading slightly higher in extended trading Wednesday, but earlier the stock had been down.  Here’s how the company with Wall Street’s expectations, according to …

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Macy’s (M) reports mixed Q3 2019 earnings, shares slide on sales miss

Macy’s on Thursday reported its first same-store sales decline in two years, casting blame on warmer weather and weak traffic at some shopping malls. Because of the poor results, the department store chain also slashed its full-year outlook. Macy’s stock was last down about 3% after plummeting more than 10% following the earnings release. Here’s …

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Nordstrom (JWN) earnings Q3 2019

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 …

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Gap Inc. (GPS) reports Q3 2019 earnings beat, shares rise

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 3% in after-hours trading on the …

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L Brands (LB) earnings Q3 2019

A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Bloomberg | Getty Images L Brands posted mixed third-quarter results Wednesday as declining sales at its Victoria’s Secret brand continued to weigh on its performance. The …

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Home Depot earnings Q3 2019

Shoppers arrive at a Home Depot Inc. store in Louisville, Kentucky, U.S., on Monday, Feb. 25, 2019. Luke Sharrett | Bloomberg | Getty Images Home Depot reported quarterly earnings that outpaced analysts’ expectations but sales fell short. Shares of Home Depot were down more than 5% in premarket trading. Here’s what the company reported compared …

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JC Penney (JCP) reports mixed Q3 2019 earnings

Shoppers pass a J.C. Penney store in New York. Scott Mlyn | CNBC J.C. Penney reported a narrower-than-expected loss for its latest quarter, sending its shares higher Friday morning. Its stock, which closed Thursday at $1.10, surged more than 22% at one point during premarket trading. It was up nearly 11% shortly before the opening …

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‘We need even more progress on’

Doug McMillon, CEO of Walmart. Adam Jeffery | CNBC Walmart is admitting it still has work to do online. The big-box retailer said Thursday its e-commerce sales were up 41% during the latest quarter, thanks to a strong grocery business. “We’re making progress on many fronts, but we need to do more and move faster, …

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