Allbirds shares fall as sneaker retailer reports widening losses, despite 23% jump in sales
Allbirds shares tumbled as the sneaker retailer revealed mounting losses in the fourth quarter that weighed on profits.
Allbirds shares tumbled as the sneaker retailer revealed mounting losses in the fourth quarter that weighed on profits.
Lowe's raised its forecast for the full year and surpassed Wall Street's earnings estimates for the fiscal fourth quarter.
Barclays on Wednesday reported a full-year net profit of £6.38 billion ($8.67 billion) for 2021, ahead of analyst expectations of £5.75 billion.
The home improvement retailer is gearing up for spring and trying to prove to investors it can keep momentum going.
The department store chain is rejecting calls from activist firm Jana Partners for it to split its e-commerce operations from its stores.
Krispy Kreme reported its first quarterly profit since going public again but fell short of Wall Street's expectations for its earnings.
Beam Suntory's shift toward high-end spirits is paying off, driving sales up 11% in 2021 and allowing the company to raise prices to fight inflation.
EBay gave first-quarter earnings and revenue guidance that fell short of Wall Street's expectations.
DraftKings reported an adjusted EBITDA loss for 2022 that was much higher than analysts had anticipated.