Businesses outside e-commerce were unprofitable in Q4, suggesting Alibaba's diversification efforts have a long way to go.
Fewer North American companies reported negative foreign exchange impacts for the fourth quarter of 2016.
“We underperformed this quarter,” new CFO R. Martin Chavez says as the firm reports its first earnings miss since the fourth quarter of 2015.
The retailer's same-store sales dropped 0.7% in the fourth quarter amid weaker-than-expected demand from gamers and product outages.
The outlook for sales growth, however, remains weak, with comp sales expected to decline between 2.0% and 3.0% this year.
The hotelier took a tax hit of $513 million related to restructuring but its adjusted earnings beat analysts' estimates.
The charge to cover possible future claims was larger than analysts expected and led to a net loss of $3.04 billion in the fourth quarter.
The owner of Dunkin' Donuts benefited from increased royalties and franchise fees as it swung to a $56 million profit in the fourth quarter.
"There isn't a growth story here," an analyst says. "They have to convince advertisers they will reach an expanding audience.”
"We are firing on all cylinders," GrubHub CEO Matt Maloney says.
The company's fourth-quarter profit was boosted by a 22% drop in cocoa prices and its cost-cutting initiatives.
Fourth-quarter net sales of $3.54 billion fell short of analysts' estimates but net income rose 55% to $749 million.
