Your Company Survived 2020; It’s Time to Tell the Story
Year-end reports, shareholder letters, and proxy statements are opportunities to describe what your company experienced in 2020.
DraftKings Loses $161M Amid Lull in Betting
“With a number of major sports resuming or starting their seasons, we've seen a strong uptick in our active users."
Goldman Crushes Estimates With $2.4B Profit
“Our strong [second-quarter] financial performance across our client franchises demonstrates the inherent benefits of our diversified business model."
Cars.com Dashes Hopes of Sale, Shares Tank
The online auto marketplace received interest from 29 prospective buyers but "no actionable options for a sale of the company."
Twitter Shares Jump 15% on Monthly User Surge
“Twitter is on a path to sustainable revenue growth and accelerated profit expansion," one analyst says.
Sonos Shares Dive on First Earnings Since IPO
The speaker maker's Q3 revenue fell 6% but its CEO says it is "focused on driving sustainable, profitable growth for the long-term."
General Mills Slashes Guidance, Stock Plunges
The cereal maker is now predicting full-year operating profit will fall as much as 6% due to higher-than-expected supply chain costs.
Hurricane Harvey Slows Consumer Spending
Consumer spending rose only 0.1% in August but "current economic conditions are heavily impacted by the effect of the recent hurricanes."
TripAdvisor Earnings Beat But Growth Flat
The online travel website "continues to struggle with its transition into travel bookings from a strictly travel recommendations site."
Big Q2 Loss Sends Fossil Shares Down 24%
The company announces the departure of CFO Dennis Secor as it reports growth in wearables could not offset declining traditional watch sales.
Finance Chief Gupta Joins Uber Exec Exodus
The head of finance is leaving the company amid a series of controversies that may delay an initial public offering.