Jack Daniel’s maker Brown-Forman reports lagging whiskey sales, narrower profit
The company saw some growth across its ready-to-drink and tequila categories, but whiskey sales lagged.
The company saw some growth across its ready-to-drink and tequila categories, but whiskey sales lagged.
Shares of HP fell Wednesday after the company missed analysts' expectations for revenue.
While other toy companies have been hammered by a slump in toy demand this year, Lego is one of the few to post positive gains.
While Best Buy trimmed its sales guidance for the year, it raised the bottom end of its profit outlook.
Nio's second-quarter loss widened from a year ago, as it overhauled key products amid an economic slowdown in China. But deliveries are already rebounding.
Chinese automaker BYD on Monday posted a 204.68% jump in profit in the first half of the year driven by record deliveries.
Macy's topped adjusted earnings and sales estimates, but said revenue fell year over year and reiterated a cautious forecast.
Athletic apparel retailer Foot Locker reported another quarterly sales decline and missed revenue expectations as consumers continue to pull back from shoes.
Peloton's shares plunged 22% after the company posted a wider-than-expected loss and churn that it blamed on its Bike seat recall and seasonality.