Beam Suntory CEO says 2021 sales rose 11%, as shift to high-end spirits pays off
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.
Home Depot beats estimates, retailer says it sees sales growth ahead for 2022
The home improvement retailer is gearing up for spring and trying to prove to investors it can keep momentum going.
Macy’s earnings top estimates, retailer says it won’t spin off e-commerce from stores
The department store chain is rejecting calls from activist firm Jana Partners for it to split its e-commerce operations from its stores.
Barclays full-year net profit quadruples as corporate and investment bank booms
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.
Krispy Kreme reports first quarterly profit since going public, fueled by strong holiday sales
Krispy Kreme reported its first quarterly profit since going public again but fell short of Wall Street's expectations for its earnings.
Lowe’s raises forecast as it grabs a bigger share of home pro spending, navigates supply chain bottlenecks
Lowe's raised its forecast for the full year and surpassed Wall Street's earnings estimates for the fiscal fourth quarter.
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.
EBay stock sinks after the company gives disappointing guidance
EBay gave first-quarter earnings and revenue guidance that fell short of Wall Street's expectations.
Alibaba falls more than 4% after it reports slowest ever revenue growth and misses expectations
Alibaba reported its slowest quarterly revenue growth in the December quarter since going public in 2014.