Monday, August 21, 2017

2Q Earnings ’17

In this Thursday, June 1, 2017, photo, customers walk out of a Walmart store in Hialeah Gardens, Fla.

BENTONVILLE, Ark. (AP) — Americans are going into Walmart stores and they’re spending money on its website, pushing the performance of the world’s biggest retailer beyond Wall Street expectations during the second-quarter. Revenue for the three months ended July 31 ...
In this Monday, June 27, 2016, photo, customers walk with their purchases from a Target store, in Methuen, Mass. Target Corp. reports earnings, Wednesday, Aug. 16, 2017.

NEW YORK (AP) — Target reported a dip in second-quarter profit, but it was better than anticipated and a 32 percent spike in digital sales gains drove revenue higher. Revenue also topped Wall Street expectations and the company boosted its ...
In this Wednesday, May 18, 2016, file photo, people approach an entrance to a Home Depot store in Bellingham, Mass. The Home Depot Inc. reports earnings Tuesday, Aug. 15, 2017.

ATLANTA (AP) — Americans are plowing money into their homes at an astonishing rate, new, used and even those not yet built, creating for Home Depot a frenzy of loyal customers. The world’s biggest home improvement retailer rang up its ...
In this Wednesday, June 7, 2017, file photo, shoppers walk into a J.C. Penney department store in Hialeah, Fla.

BY JOSEPH PISANI NEW YORK (AP) — Sales at established J.C. Penney stores faded again during its most recent quarter, capping a gloomy week for U.S. retailers. Penney’s stock sunk below $4 Friday morning, an all-time low for the 115-year-old ...
This Oct. 6, 2014, file photo shows an example of a home-delivered meal from Blue Apron. Blue Apron Holdings, Inc. reports earnings, Thursday, Aug. 10, 2017.

NEW YORK (AP) — Blue Apron posted strong revenue growth in its second quarter, but the meal-kit seller says it’s having unexpected delays at a new plant and it gave a weak revenue forecast for the second half of the ...
This Tuesday, May 2, 2017, photo shows Macy's corporate signage at its flagship store in New York. Macy's Inc. reports earnings, Thursday, Aug. 10, 2017.

CINCINNATI (AP) — Department store chains saw key sales figures fall again in the latest quarter as customers increasingly move online, though at Macy’s the decrease wasn’t as bad as Wall Street expected and Kohl’s managed to keep the decline ...
The brand logo of German car maker BMW is photographed on a car in Berlin, Tuesday, Aug. 1, 2017.

BY DAVID McHUGH FRANKFURT, Germany (AP) — German luxury automaker BMW says net profit rose 14 percent in the second quarter as earnings were boosted by the new version of the 5-Series sedan. Profit rose to 2.21 billion euros ($2.60 ...
This Thursday, June 1, 2017, photo, shows a sign on the campus of the Aetna headquarters, in Hartford, Conn. Aetna Inc. reports earnings, Thursday, Aug. 3, 2017

BY TOM MURPHY Aetna’s second-quarter profit jumped 52 percent, topping Wall Street expectations, and it raised its 2017 forecast again, this time well beyond analyst projections. The nation’s third largest health insurer said Thursday that it now expects adjusted earnings ...
In this Friday, Oct. 28, 2016, file photo, a person walks by a Sprint store in Miami.

OVERLAND PARK, Kan. (AP) — Sprint said Tuesday that it should be able to “strike a deal” in the “near future,” driving up shares of the fourth-largest U.S. wireless carrier. The Overland Park, Kansas, company also posted its first quarterly ...
This Monday, Jan. 4, 2016, file photo, shows a pair of Under Armour SpeedForm Gemini 2 Record Equipped running shoes, containing an embedded chip to track exercise, on display, in New York.

BALTIMORE (AP) — Under Armour is cutting approximately 280 jobs from its global workforce and lowering its full-year revenue outlook, overshadowing a strong second-quarter and extending woes for companies in the retail sports sector. Shares declined more than 5 percent ...
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