Musk downplays margin pain on road to self-driving future
Elon Musk is making a calculated bet: sacrifice margins now for better ones later when full self-driving software is completely integrated into Tesla cars. It’s a plan that could intensify the electric-vehicle price war and irk investors…
Reuters
July 20, 2023
Carnival forecasts lower profit as costs bite, shares drop 11%
Cruise operator Carnival (CCL.N) on Monday forecast third-quarter profit largely below estimates as rising marketing and labor costs eat into gains from higher ticket prices and strong demand.
Reuters
June 26, 2023
Lululemon outlook lift thrills Wall St as yogawear stays in vogue
Lululemon Athletica Inc (LULU.O) raised its annual sales and profit forecasts on Thursday as wealthy Americans snap up its pricey activewear even though inflation hounds wider retail spending, sending the company’s shares up 13% after hours…
Reuters
June 1, 2023
Norwegian Cruise lifts profit forecast on higher ticket prices, steady demand
Norwegian Cruise Line Holdings Ltd (NCLH.N) raised its annual profit forecast and sailed past first-quarter estimates on Monday…
Reuters
May 1, 2023
United Rentals falls amid M Science note on rates stabilizing in mid April
United Rentals (NYSE:URI) dropped 1.8% amid a note that rates have begun to stabilize in mid April…
Reuters
April 21, 2023
Macy's gives upbeat profit forecast amid retail gloom, shares surge
Macy’s Inc (M.N) beat estimates for holiday quarter results and forecast annual profit largely above expectations as the department store operator looks to rein in promotions to beef up its margins, sending its shares up 10% on Thursday.
Reuters
March 2, 2023
Best Buy signals more pain for electronics retailers with muted profit forecast
Best Buy Co Inc (BBY.N) on Thursday joined peers with a cautious annual earnings forecast as uncertainty over the U.S. economic outlook tempers expectations for a recovery in demand for TVs, laptops and other electronic products.
Reuters
March 2, 2023
Norwegian Cruise's rocky forecast after revenue beat hits shares
Norwegian Cruise Line Holdings Ltd (NCLH.N) forecast for its first annual profit in three years fell short of estimates on Tuesday, as the cruise operator feels the squeeze from soaring fuel and labor costs.
Reuters
February 28, 2023
Target fends off holiday gloom with discounts, warns on 2023 earnings
Target Corp (TGT.N) posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it joined other retailers to caution on 2023 earnings due to an uncertain U.S. economy.
Reuters
February 28, 2023
Royal Caribbean rides 'wave' to record bookings after smaller loss
Royal Caribbean Group (RCL.N) said on Tuesday it was set for record bookings during the January-March period after the company posted a smaller-than-expected quarterly loss on pent-up travel demand.
Reuters
February 7, 2023
Abercrombie sees better holiday-quarter sales, posts surprise profit
Abercrombie & Fitch Co (ANF.N) said on Tuesday it was “cautiously optimistic” about the holiday season and forecast a smaller-than-expected drop in current-quarter sales after resilient demand led to a surprise quarterly profit.
Reuters
November 22, 2022
Norwegian Cruise bets on rich Americans to navigate downturn
Norwegian Cruise Line Holdings Ltd (NCLH.N) said its wealthy travelers would help the U.S. liner ride out an economic downturn after better-than-expected quarterly results lifted its shares 7%.
Reuters
November 8, 2022
Carnival Corp plunges on forecast of Q4 loss, delayed return to profitability
Carnival Corp (CCL.N) on Friday forecast a loss in the fourth quarter after it reported results for the third quarter that fell well short of Wall Street estimates, as higher fuel prices and cheaper fares offset a rise in bookings.
Reuters
September 30, 2022
Target profit crumbles as inflation-weary consumers shun discretionary spending
Target Corp (TGT.N) reported a bigger-than-expected 90% fall in quarterly earnings on Wednesday and missed estimates for comparable sales as it struggled to lure inflation-hit shoppers with steep discounts on apparel, electronics and home goods.
Reuters
August 17, 2022
Roblox slides as bookings miss raise gaming slowdown worries
Roblox Corp (RBLX.N) missed estimates for quarterly bookings on Tuesday, in yet another sign the gaming industry is facing a slowdown after a pandemic-fueled boom, sending shares of the gaming platform down around 19% in extended trading.
