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Earnings Report

Costco's Third-Quarter Sales Stagnate

Costco Wholesale said its sales stagnated in its third quarter, and the bulk seller also gave investors a glimpse into how much a wage increase for its store workers could affect its bottom line.

Tiffany Reports Steepest Sales Drop in Six Quarters

Tiffany reported its steepest sales drop in six quarters, missing analysts' estimates, as a strong dollar discouraged tourists from buying its high-end jewelry and ate into revenue from markets outside the United States.

Best Buy Forecasts Profit Miss, CFO to Step Down

Best Buy forecast current-quarter profit below analysts' estimates, partly due to a disruption in supply of some high-margin products after an earthquake in Japan, and the company said its chief financial officer was stepping down.

Toll Brothers' 2Q Earnings Beat Estimates

Toll Brothers' quarterly revenue rose nearly 31 percent, beating analysts' estimates, as the company sold more luxury homes at higher prices, mainly in the West market and California.

Deere Posts Lower 2Q Results, Cuts Profit Outlook

Deere & Co cut its profit outlook and reported a decline in quarterly earnings on Friday as a global farm recession and weak construction equipment markets led to lower sales of the company's machinery.

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.