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Tag: estimates

Target (TGT) holiday sales 2020 fall short of estimates

Shoppers pack an aisle during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky. John Minchillo | AP Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Shares …

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Bed Bath & Beyond (BBBY) earnings Q3 2019 fall short of estimates

Shoppers walk past a Bed Bath & Beyond store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Bed Bath & Beyond withdrew its fiscal 2019 outlook on Wednesday, saying that it would reveal its strategic plans in early 2020. The retailer also reported third-quarter earnings and revenue that fell short of Wall Street’s expectations. …

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Ross Stores’ Q3 earnings, same-store sales beat estimates

Another off-price retailer has posted strong results for its third quarter. Ross Stores reported that its net earnings grew to $371 million, or $1.03 per share, in the quarter ended Nov. 2, up from $338 million and earnings per share of $0.91 in the year-ago period. Analysts had expected earnings of $0.98.  Third-quarter sales rose 8% …

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Walmart (WMT) reports Q3 2020 earnings that beat estimates

A strong grocery business helped Walmart‘s online sales grow 41% in the third quarter, the company said Thursday, fueling an earnings beat and 21 quarters of growth in the U.S. Total sales in the period fell short of analysts’ expectations, but Walmart raised its annual earnings outlook — for the second time this year — …

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Kraft Heinz (KHC) earnings Q3 2019 beat estimates

Kraft and Heinz products Scott Olson | Getty Images Kraft Heinz on Thursday reported quarterly earnings that topped analysts’ expectations, but sales continued to decline as executives formulate a turnaround plan. Shares of the company jumped 11.3% in morning trading. As of Wednesday’s close, shares were down by about 33% this year, giving the food …

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Starbucks (SBUX) earnings Q4 2019 meet estimates

Starbucks on Wednesday reported quarterly revenue that topped analysts’ expectations as cafes in the U.S. and China attracted more customers. Shares of the company jumped more than 2% in extended trading. “Our U.S. business delivered 6% comparable store sales growth in the fourth quarter, while China grew comparable store sales by 5% and total transactions …

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Procter & Gamble (PG) earnings Q1 2020 top estimates

Procter & Gamble on Tuesday again posted strong quarterly earnings, beating analysts’ expectations on the top and bottom lines and allowing it to raise its sales and earnings outlook for the year. The consumer giant has consistently been growing its sales, propelled by its innovation, marketing and a simplified organizational structure that has improved its …

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EBay forecasts holiday-quarter revenue below estimates, shares fall 3%, Retail News, ET Retail

EBay Inc forecast current-quarter revenue below Wall Street estimates on Wednesday, as it faces fierce competition from bigger rivals Amazon.com and Walmart Inc in the run-up to the crucial holiday shopping season. Shares of the company fell 2.73% to $38.13 in extended trading as the holiday quarter typically generates a majority of its annual sales …

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Hudson Yards occupancy rates top estimates less than a year in

Developer Related Cos. says it expects more than 20 million to visit Hudson Yards annually. Source: Dior When the Hudson Yards megamall opened on the West Side of Manhattan roughly half a year ago, there were plenty of skeptics. And there still are. The development, a sprawling 1 million square feet of retail space, is …

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