Earnings

FILE - This June 15, 2005, file photo shows a Pier 1 Imports store in Dallas. Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online. The home decor company said Monday, Jan. 6, 2020, it is closing up to 450 stores and will also shutter distribution centers. It didn't say where the store closures would occur, but it operates stores in the U.S. and Canada. Pier 1 also plans layoffs at its corporate headquarters in Fort Worth, Texas. (AP Photo/Donna McWilliam, File)
January 06, 2020 - 4:41 pm
FORT WORTH, Texas (AP) — Pier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online. The home decor company said Monday it is closing up to 450 stores and will also shutter distribution centers. It didn't say where the store closures would occur, but...
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FILE - In this Dec. 13, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 20. (AP Photo/Richard Drew, File)
December 20, 2019 - 1:59 pm
Wall Street capped a mostly quiet week of trading Friday with broad gains for stocks and more record highs for the major indexes. Technology and health care stocks powered much of the rally. The S&P 500 notched its 10th winning week in the last 11. The benchmark index also finished with a...
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FILE - In this Dec. 13, 2019, file photo trader Sal Suarino works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 19. (AP Photo/Richard Drew, File)
December 19, 2019 - 5:25 pm
Stocks were mixed in early trading in Asia on Friday after Wall Street posted more record highs, extending the market's gains for the week. Japan's Nikkei 225 index edged 0.2% lower to 23,809.33, while the Kospi in Seoul was almost unchanged, at 2,196.45. The S&P ASX 200 in Sydney slipped 0.2%...
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FILE - This June 25, 2019, file photo shows a sign for a Rite Aid Pharmacy is on the facade at a strip mall in Harmony, Pa. Rite Aid Corporation reports financial results on Thursday, Dec. 19. (AP Photo/Keith Srakocic, File)
December 19, 2019 - 6:22 am
Rite Aid shares may be in for their biggest one-day jump in more than two years Thursday after the struggling drugstore chain posted a rare quarterly profit and easily topped analyst expectations. The company said it booked $51.5 million in net income in its fiscal third quarter mainly because of a...
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FILE - In this June 26, 2019, file photo a FedEx truck drives in Philadelphia. FedEx reports earnings Tuesday, Dec. 17. (AP Photo/Matt Rourke, File)
December 17, 2019 - 4:49 pm
NEW YORK (AP) — FedEx said Tuesday that its profit fell 40% in its most recent quarter, hurt by higher costs, a shorter holiday shipping season and its move to cut ties with online shopping giant Amazon. The package delivery company also cut its earnings expectations for the year. Its stock tumbled...
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Visitors past through the Beijing Daxing International Airport near Beijing on Wednesday, Dec. 11, 2019. Newly opened in Sept, the airport was built in less than five years at a cost of 120 billion yuan (dollars 17 billion U.S.), is designed to handle 72 million passengers a year. (AP Photo/Ng Han Guan)
December 12, 2019 - 4:09 am
Delta Air Lines, the most profitable U.S. carrier, expects profits and revenue to increase next year on sustained demand for air travel and stable prices for jet fuel. The Atlanta airline said 2020 adjusted earnings will be between $6.75 and $7.75 per share. The midpoint of that range is modestly...
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FILE - In this Sept. 18, 2019, file photo, stock prices are displayed at the New York Stock Exchange. U.S. stocks pushed upward in early trading Friday, Nov. 22, 2019, following a global tide higher, as a week clouded by uncertainty about progress in U.S.-China trade talks comes to a close. (AP Photo/Mark Lennihan, File)
November 22, 2019 - 2:17 pm
U.S. stocks shook off a midday stumble to finish slightly higher Friday, though the modest rebound was not enough to keep the S&P 500 from breaking its longest stretch of weekly gains in two years. Banks, health care stocks and companies that rely on consumer spending powered much of the...
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FILE - In this Nov. 21, 2013, file photo, with the Empire State building in the background, the Macy's logo is illuminated on the front of the department store in New York. Macy's Inc. (M) on Thursday, Nov. 21, 2019, reported fiscal third-quarter net income of $2 million. The Cincinnati-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. (AP Photo/Mark Lennihan, File)
November 21, 2019 - 2:04 pm
NEW YORK (AP) — There’s more trouble for the nation’s malls heading into the crucial holiday shopping season. A slew of mall-based clothing retailers delivered weak third-quarter earnings reports in recent days, the latest indication of shoppers’ increasing shift online and away from traditional...
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FILE - This May 3, 2017, file photo shows a Target store in Omaha, Neb. Target Corp. (TGT) on Wednesday, Nov. 20, 2019, reported fiscal third-quarter profit of $714 million. (AP Photo/Nati Harnik, File)
November 20, 2019 - 1:59 pm
NEW YORK (AP) — Target is bursting into the critical holiday season with strong third-quarter earnings as the company pushes faster delivery and invests in stores and on new fashion brands. The retailer raised its expectations for the year and shares closed up more than 14% at $126.43. Target’s...
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November 19, 2019 - 3:26 am
Home Depot had a rocky third quarter, with revenue and a key sales figure missing analysts’ expectations. The home improvement company also cut its forecasts for full-year revenue and comparable sales. Shares dropped 5.8% before the market open on Tuesday. For the three months ended Nov. 3, Home...
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