Best Buy 2nd quarter falls below expectations, but company raises guidanceSeptember 15th, 2009 Best Buy 2Q misses expectations; raises guidanceRICHFIELD, Minn. — Best Buy Co., the largest U.S.
Best Buy 2Q falls below expectations, but company raises guidance as traffic stabilizesSeptember 15th, 2009 Best Buy 2Q misses expectations; raises guidanceNEW YORK — Best Buy Co., the largest U.S. electronics retailer, said Tuesday second-quarter earnings fell below expectations, but the company gained market share and said it sees signs customer traffic is stabilizing.
Wal-Mart posts flat 2nd-quarter profit; boosts outlook as it benefits from cost-cuttingAugust 13th, 2009 Wal-Mart posts flat 2Q profit; boosts outlookNEW YORK — Wal-Mart Stores Inc. on Thursday reported second-quarter income virtually unchanged from a year ago, but results beat Wall Street expectations.
Fossil anticipates recession will weigh on its 3rd-quarter, 4th-quarter profit resultsAugust 11th, 2009 Fossil expects recession to weigh on outlookRICHARDSON, Texas — Fossil Inc, which makes watches, shoes and other fashion accessories, said Tuesday that it expects the recession to weigh on both its third-quarter and fourth-quarter earnings results. The company said it anticipates third-quarter profit of 38 cents to 42 cents per share.
Fossil raises full-year profit guidance again, says recession will weigh on quarterly resultsAugust 11th, 2009 Fossil increases full-year earnings forecast againRICHARDSON, Texas — Fossil Inc, which makes watches and other fashion accessories, raised its full-year earnings outlook for the second time in three months after reporting second-quarter results that beat analysts' estimates. The company now expects 2009 profit of $1.63 to $1.73 per share.
CommScope shares plunge after 2Q revenue miss; though adjusted earnings beat expectationsJuly 30th, 2009 CommScope shares plunge after 2Q resultsHICKORY, N.C. — Network infrastructure company CommScope Inc.
Earnings roundup: Viacom 2Q profit, sales slide; acquisition lowers Teva Pharmaceutical netJuly 28th, 2009 Earnings roundup: Viacom, Teva PharmaceuticalAmong the earnings stories for Tuesday, July 28, from AP Financial News:
NEW YORK (AP) — Viacom Inc. said Tuesday its second-quarter profit tumbled 32 percent as revenue fell amid a weak advertising market, slower video game sales and lower box-office results.
Inter Parfums sales fall 11 percent in the 2nd quarter, hurt by stronger dollarJuly 24th, 2009 Inter Parfums 2nd-quarter sales fall 11 percentNEW YORK — Perfume maker Inter Parfums Inc. said Thursday sales fell 11 percent in the second quarter, hurt partly by the stronger dollar.
VF says it continues to expect revenue to decline in 2009, due to weak economy, strong dollarJuly 22nd, 2009 VF reiterates 2009 guidanceGREENSBORO, N.C. — Apparel maker VF Corp.
Best Buy 1st-quarter profit falls 15 percent as same-store sales drop but beats expectationsJune 16th, 2009 Best Buy 1Q profit drops 15 percentNEW YORK — Best Buy Co. Inc. reported Tuesday that its first-quarter profit fell 15 percent, even as its biggest competitor exited the market, as recession-weary shoppers cut back on items like appliances and digital cameras.
Wal-Mart posts flat profit for 1st quarter as discounter feels impact of stronger dollarMay 14th, 2009 Wal-Mart profit flat on impact of strong dollarLITTLE ROCK, Ark. — With plenty going wrong in the global economy, Wal-Mart Stores Inc.
Wal-Mart profit flat in 1st-quarter as discounter feels impact of stronger dollarMay 14th, 2009 Wal-Mart posts flat profit for 1st quarterLITTLE ROCK, Ark. — Wal-Mart Stores Inc.
Drugmaker Wyeth posts flat 1st-quarter profit, despite sales drop for several key productsApril 29th, 2009 Drugmaker Wyeth posts flat 1st-quarter profitTRENTON, N.J. — Drugmaker Wyeth, which is being acquired by drug giant Pfizer, on Wednesday posted a flat first-quarter profit but beats analysts' expectations, as cost cuts and a lower tax rate offset lower revenue.
McDonald's 1st-quarter profit rises nearly 4 percent; strong dollar hurts revenueApril 22nd, 2009 McDonald's profit rises nearly 4 percentNEW YORK — McDonald's Corp. said Wednesday that its first-quarter profit climbed nearly 4 percent as more customers worldwide came to the Golden Arches for a cheap meal.
Yum Brands says 1Q profit falls 14 percent mainly on stronger dollarApril 22nd, 2009 Yum Brands 1Q profit down 14 pctLOUISVILLE, Ky. — Restaurant operator Yum Brands Inc.
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