Best Buy has been in a period of slower sales in part due to the strength of its sales during the pandemic.
Schlagwort-Archiv: Financial
Newly listed Birkenstock beats revenue expectations on higher pricing, U.S. demand
Birkenstock reported its holiday quarter results Thursday after it posted a record-breaking end to its last fiscal year.
AB InBev profits rise despite ongoing hit from Bud Light boycott in U.S.
The world’s biggest brewer saw annual revenue of $59.38 billion, up 7.8% but shy of analyst expectations.
IQiyi, the Netflix of China, posts first year of profits and says it’s ‚excited‘ about Sora-like AI
Chinese video content and streaming company iQiyi CFO Wang Jun said he is „excited“ about potential new business opportunities with the emergence of OpenAI’s text-to-video tool Sora.
Salesforce beats on earnings but forecasts single-digit revenue growth for the year
Salesforce said revenue growth will slow to 8.6% in the new fiscal year, but revenue guidance exceeds Wall Street’s estimates.
China doubles down on national security, expanding its state secrets law
Chinese President Xi Jinping on Tuesday signed an order to formally adopt revisions to a law on „Guarding State Secrets,“ according to state media.
Baylor University outperformed the Ivy League in university endowment performance rankings. Here’s how
Baylor University’s Chief Investment Officer David Morehead takes an active approach to managing the school’s endowment.
TJX tops earnings estimates as holiday sales jump 13%
Off-price giant TJX Companies, which runs TJ Maxx, Marshall’s and Homegoods, saw sales rise 13% during its holiday quarter.
Novavax misses quarterly estimates, but vaccine maker narrows losses as it slashes costs
Novavax narrowed its losses in the quarter compared to the same period a year ago, even as demand for Covid products continues to plummet worldwide.
Rocket Lab says contract backlog tops $1 billion, outlines Neutron progress toward first launch
Rocket Lab is making steady progress on the development of its Neutron vehicle, as it aims to launch the rocket for the first time near the end of this year.