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Earnings Report

Wal-Mart Beats Expectations; Stock Jumps

Wal-Mart Stores Inc on Thursday reported a higher-than-expected quarterly profit as increased drug prices and solid demand for basic apparel items boosted sales, and its shares jumped more than 7 percent.

Target Delivers Mixed Results, Shares Sink

Target's mixed bag drags down shares of rivals like Wal-Mart Stores Inc, and follows disappointing sales reports from other retailers, including Macy's Inc and JC Penney.

Lowe's 1Q Earnings Top Expectations

Lowe’s reported a 1Q profit of $0.98 per share, topping the estimate for $0.85. Revenue of $15.2 billion, also beat the estimate for $14.87 billion.

Rising Home Values Lift Home Depot to Big Quarter

Rising home values are encouraging homeowners to open their wallets. Home Depot raised its 2016 outlook after demand for DIY products and big-ticket items outstripped expectations in the first quarter.

Retailer TJX's 1Q Sales Rise About 10%

TJX, the owner of off-price chain T.J. Maxx, reported a 9.9 percent rise in quarterly sales as value-conscious shoppers flocked to its stores for off-priced clothes and accessories.

J.C. Penney Reports 1Q Loss, Sales Drop

U.S. department store operator J.C. Penney joined rivals including Macy's and Kohl's in reporting a drop in sales in a quarter marked by a slump in apparel demand.

Shake Shack Results Beat Estimates, Raises Forecast

Shake Shack, known for its juicy antibiotic-free hamburgers and frozen custard shakes, on Thursday reported results that topped expectations and raised its same-restaurant sales forecast for the year.

Nordstrom Shares Slammed After Earnings

The department store operator reported a drop in first-quarter sales at established stores and slashed profit expectations for the year, adding to the gloom in the department store sector.

Disney Is Not Down And Out, Despite Stock Slide

Walt Disney (NYSE:DIS) stock fell more than four points in early trading Wednesday after struggles in the cable networks segment caused the company to miss Wall Street’s sky-high estimates for its second quarter earnings.

Wendy's Raises Forecast, Profit Beats Estimates

Burger chain Wendy's raised its full-year profit forecast and reported a higher-than-expected quarterly profit, as new promotions such as its '4 for $4 meal' and renovated restaurants attracted more diners.