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Academy Sports Boosts FY23 Earnings Outlook As Q2 Earnings Tops Estimates; Stock Up 11%
Sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) on Thursday reported that net income for the second quarter declined to $157.1 million or $2.01 per share from $188.8 million or $2.22 per share in the prior-year quarter.
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1-800-FLOWERS.COM Q4 Net Loss Slightly Widens; Sees Weak Revenues In FY24
Floral and foods gift retailer 1-800-FLOWERS.COM, Inc. (FLWS) reported Thursday a net loss for the fourth quarter of $22.55 million or $0.35 per share, slightly wider than $22.25 million or $0.34 per share in the prior-year quarter.
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Canadian Shares Likely To Open On Positive Note
Bay Street looks headed for a positive start on Thursday, tracking firm crude oil prices and rising expectations the Federal Reserve is nearing the end of its tightening cycle.
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Genesco Slips To Loss In Q2, But Results Top Estimates; Reaffirms FY24 Outlook
Specialty retailer Genesco, Inc. (GCO) on Thursday reported a net loss for the second quarter of $31.67 million or $2.79 per share, compared to net income of $7.64 million or $0.59 per share in the prior-year quarter.
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714 hari yang lalu
Signet Jewelers Boosts FY24 Earnings Outlook As Q2 Results Top Estimates
Diamond jewelry retailer Signet Jewelers Ltd. (SIG) reported Thursday that second-quarter net income attributable to common shareholders plunged to $66.5 million or $1.38 per share from $136.8 million or $2.58 per share in the prior-year quarter.
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Sage Therapeutics To Reorganize Business Operations, Pipeline Priorities; To Slash 40% Workforce
Sage Therapeutics, Inc. (SAGE) announced on Thursday plans to reorganize its business operations and pipeline priorities to support goals for long-term business growth.
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714 hari yang lalu
Eurozone Inflation Steadies At 5.3%; Unemployment Rate At Record Low
Eurozone inflation ceased slowed in August on energy prices but underlying inflation eased due to the slowdown in goods and services price growth, flash data from Eurostat showed on Thursday. The unemployment rate in the currency bloc held steady at a record low in July suggesting that wage growth is set to remain strong, another data from Eurostat revealed today.
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714 hari yang lalu
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Sensex, Nifty End Choppy Session Lower Ahead Of GDP Data
Indian shares gave up early gains to end lower on Thursday amid F&O expiry and ahead of Q1 GDP data, due out later in the day.
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714 hari yang lalu
ECB's Schnabel Sees Significant Uncertainty Around Eurozone Inflation Outlook
Eurozone medium term inflation outlook is characterized by an exceptionally large degree of uncertainty that could increase due to the adverse supply shocks and climate-related risks, and hence, policymakers cannot predict a peak rate or the duration of the tightening phase as they embrace the data-dependent approach for each policy rate-setting session, ECB rate-setter Isabel Schnabel said.
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UBS Q2 Profit Soars, To Integrate Credit Suisse Swiss Unit; Stock Up
Shares of UBS Group AG were gaining around 6 percent in the morning trading in Switzerland as well as 5 percent in pre-market activity on the NYSE after the banking major reported Thursday significantly higher profit in its second quarter primarily reflecting a $29 billion negative goodwill on the acquisition of Credit Suisse Group, as well as higher revenues.
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714 hari yang lalu
UK Car Production Surges 31.6% On Strong Export Demand: SMMT
UK car production rose for the sixth successive month in July amid strong demand from the foreign market and a recent recovery in the global supply chain, data from the Society of Motor Manufacturers and Traders, or SMMT, showed Thursday. Car production grew 31.6 percent year-on-year to 76,451 units in July. The export market logged double-digit growth of 36.1 percent to 63,264 units in July.
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714 hari yang lalu
European Shares Edge Higher As Eurozone Inflation Holds Steady
European stocks traded mostly higher on Thursday amid hopes that the Federal Reserve is nearing the end of its tightening cycle.
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714 hari yang lalu
French Inflation Rises On Energy Prices; GDP Growth Confirmed
France's inflation accelerated in August, driven by energy prices, after slowing for three straight months, official data showed on Thursday. Consumer price inflation rose to a three-month high of 4.8 percent in August from 4.3 percent in July, the statistical office INSEE reported. The rate was also above economists' forecast of 4.6 percent.
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714 hari yang lalu
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