Earnings Report

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.

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.

Shake Shack Inc, known for its juicy antibiotic-free hamburgers and frozen custard shakes, on Thursday reported higher-than-expected first-quarter restaurant sales, sending its shares up nearly 9 percent.

Department store operator Kohl's reported its first drop in net sales in six quarters as unseasonably cool weather in late March and early April hurt sales of spring apparel.

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.

For Walt Disney's Peter Pan, flying was "all a matter of faith and trust." Investors in Walt Disney Co showed a lack of both in the company's stock on Wednesday.

Macy’s reported an adjusted 1Q profit of $0.40 per share, topping the estimate for $0.36. Revenue of $5.77 billion, missed the estimate for $5.92 billion.

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.

Toyota Motor forecast on Wednesday a plunge in net profit for the current year, snapping three straight years of record profit, hit by a sharp appreciation in the yen.

Walt Disney Co's (NYSE:DIS) reported a 4.1 percent rise in quarterly revenue, helped by the box-office success of "Star Wars: The Force Awakens" and animated movie "Zootopia".

Lumber Liquidators' sales fell for the fourth straight quarter, missing analysts' expectations again, as the hardwood flooring retailer struggles to revive demand amid fears that some of its products could cause cancer.

Apparel retailer Gap reported lower-than-expected quarterly sales at established stores, hurt by weak demand for its Banana Republic and Old Navy brands.

Tyson Foods, the biggest U.S. meat processor, reported a 39 percent rise in quarterly profit as the company benefited from lower feed and livestock costs.

The U.S. stock market could get a shot in the arm next week as consumer-facing companies report earnings in a season in which the sector has so far been the overachiever.

U.S. health insurer Cigna, which is being bought by larger rival Anthem Inc, reported a better-than-expected quarterly profit as more customers signed up for its Medicare Advantage business, boosting premiums.

News Corp, the owner of the Wall Street Journal and book publisher HarperCollins, reported its fifth drop in quarterly revenue in a row as print ad sales decline.

Herbalife Ltd's quarterly sales rose 1.3 percent, the first rise after five quarters of decline, as demand for its health supplements increased in North America and China.

Dow component Merck reported an adjusted 1Q profit of $0.89 per share, topping the estimate for $0.85. Revenue for the drugmaker came in at $9.3 billion, falling short of the estimate for $9.46 billion.

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