The retailer is also closing a dozen more stores and could eventually "close up to 15% of our portfolio” of 967 stores.
“Following a difficult second quarter, we made progress in the third quarter against the strategic goals we set," CEO Stefano Pessina says.
The company says its first earnings report since going public demonstrates "mainstream consumers' desire for plant-based meat products."
The video game retailer will save about $157 million a year by eliminating the dividend as it struggles with shrinking profits.
The company's DIY tax prep software was particularly strong in the third quarter, with TurboTax Live users more than tripling year over year.
Pinterest's adjusted loss was three times worse than expected, taking some of the steam out of the stock's post-IPO surge.
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
Take-Two's Q4 adjusted revenue missed estimates amid pressure from online and free-to-play video games such as Fortnite.
The company' sees steady progress toward profitability after this year but revenue growth is expected to slow to 52% in 2019.
CFO Fareed Kahn's replacement, Amit Banati, is the head of the consumer product group's Asia, Middle East, and Africa business.
The jump in digital services sales testifies to Apple's progress in selling other products to its installed base of iPhone users.
The automaker increased sales of pricey pickups by 20% and cut $400 million in costs in Q1, boosting profit despite a 3.4% revenue drop.
