Financial Performance

Credit

S&P Cuts Kraft Heinz Rating to Near Junk Grade

The rating agency believes Kraft Heinz "will be unable to meaningfully grow adjusted EBITDA" amid "significant" competition from other manufacturers.

Matthew Heller
June 21, 2019
Financial Performance

Beyond Meat Sales Go Beyond Estimates in Q1

The company says its first earnings report since going public demonstrates "mainstream consumers' desire for plant-based meat products."
Financial Performance

Campbell Soup Tops Q3 Earnings Estimate and Lifts 2019 Outlook

Snack sales from the company’s purchase of Snyder’s-Lance is credited for the boom.
Financial Performance

GameStop Shares Drop 29% After Dividend Halt

The video game retailer will save about $157 million a year by eliminating the dividend as it struggles with shrinking profits.
Financial Performance

‘Great’ Tax Season Drives Intuit Earnings Beat

The company's DIY tax prep software was particularly strong in the third quarter, with TurboTax Live users more than tripling year over year.
Financial Performance

JCPenney Reports Steep Drop in First Quarter Sales

The company’s CEO remains optimistic about the retailer’s future.
Financial Performance

Pinterest Shares Dive on First Public Report

Pinterest's adjusted loss was three times worse than expected, taking some of the steam out of the stock's post-IPO surge.
Financial Performance

J.Jill ‘Disappointed’ with First Quarter Financial Results

The retailer fell short on earnings and revenue last quarter and same-store sales dropped more than 3%.
Financial Performance

Walmart Gets Big Sales Boost From E-Commerce

"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
Financial Performance

Free-to-Play Games Weigh on Take-Two Sales

Take-Two's Q4 adjusted revenue missed estimates amid pressure from online and free-to-play video games such as Fortnite.
Financial Performance

Postal Service Loses $2.1B on Flat Revenue

"Within the framework of our current business model, we are executing to grow revenue and reduce operating expenses," CFO Joseph Corbett says.
Financial Performance

Lyft Posts $1.1B Net Loss, 95% Revenue Increase

The company' sees steady progress toward profitability after this year but revenue growth is expected to slow to 52% in 2019.
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