“We anticipate that profitability and sales growth may be hard to come by for the foreseeable future,” an analyst says of the drugstore chain.
The closures "will enable us to move forward with an appropriately sized store footprint and operating structure as an omnichannel retailer."
“Nike delivered another strong quarter of accelerating, high-quality growth, driven by strategic and targeted investment in our digital transformation."
The 14% decline in U.K. profits "follows a series of reputational setbacks for KPMG over the past two years."
The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.
CFO Robynne Sisco cautioned that the Scout RFP acquisition and new products launching next year would have a delayed impact on its results.
It was the first quarterly decline in net income since late 2018 but the industry generated nearly $100 billion in new loans.
The discount retailer's shares fell more than 16% after it cut its outlook for the holiday season due in part to tariff costs.
Like other tech infrastructure suppliers, Pure is "seeing signs of a more challenging global business environment."
“We are not pleased with the third-quarter results and are focused on aggressively addressing operational issues," the struggling retailer says.
“The mall is getting more toxic," one analyst warns. "Mall traffic will likely continue to wane over the years ahead.”
The ailing retailer's third-quarter results gave investors “some hope” that its turnaround efforts are “gaining traction.”
