Earnings

February 27, 2019 - 3:39 am
COPENHAGEN, Denmark (AP) — Toy maker Lego says its business returned to growth last year, with revenue rising 4 percent over a difficult 2017. The privately-held company reported Wednesday revenue of 36.4 billion kroner ($5.5 billion), with net profit increasing 3.5 percent to 8.1 billion kroner ($...
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FILE - In this March 6, 2018 file photo, Oprah Winfrey attends The Museum of Modern Art's David Rockefeller Award Luncheon honoring Oprah Winfrey at the Ziegfeld Ballroom in New York. Winfrey stands to see the value of her investment in Weight Watchers shrink after the company said it hasn't signed up as many subscribers as it hoped this winter and expects its profits to suffer. Weight Watchers International's stock tumbled more than 30 percent in after-hours trading Tuesday, Feb. 26, 2019. (Photo by Charles Sykes/Invision/AP, File)
February 26, 2019 - 7:25 pm
NEW YORK (AP) — Oprah Winfrey stands to see the value of her investment in Weight Watchers shrink after the company said it hasn't signed up as many subscribers as it hoped this winter and expects its profits to suffer. Weight Watchers International's stock tumbled more than 30 percent in after-...
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FILE- In this Aug. 14, 2018, file photo workers stock the shelves at a Home Depot store in Passaic, N.J. Home Depot Inc. reports financial results Tuesday, Feb. 26, 2019. (AP Photo/Ted Shaffrey, File)
February 26, 2019 - 4:55 pm
ATLANTA (AP) — Strains in the nation's housing sector, coupled with nasty weather across the U.S., took their toll on Home Depot's sales in the last few months of 2018. And more disconcerting news about the state of the U.S. housing market could make for a challenging 2019 for the home-improvement...
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FILE- In this May 16, 2018, file photo a pedestrian makes his way past a window display at Macy's flagship store in New York. Macy's Inc. reports financial results Tuesday, Feb. 26, 2019. (AP Photo/Mary Altaffer, File)
February 26, 2019 - 1:58 pm
NEW YORK (AP) — Macy's announced a multiyear money-saving restructuring program that it says will shrink its management structure and make the department store more nimble in a fiercely competitive environment. The plan, unveiled Tuesday, would result in annual cost savings of $100 million and...
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February 23, 2019 - 2:51 pm
OMAHA, Neb. (AP) — Warren Buffett's company recorded a $25 billion loss in the fourth quarter because of a big drop in the paper value of several of its stock investments. Buffett said Saturday that Berkshire Hathaway's businesses are performing well overall, but it has to record the market value...
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February 22, 2019 - 11:28 am
DETROIT (AP) — AutoNation, the country's largest auto dealership chain, went outside the auto industry to find its new chief executive, appointing a top leader from the USAA financial services company. The Fort Lauderdale, Florida, chain announced Friday that Carl Liebert will take over for the...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health topped fourth-quarter earnings forecasts, but the nation’s second-largest drugstore chain also debuted a 2019 outlook that fell far short of Wall Street expectations. The company said Wednesday, Feb. 20, 2019, that it expects adjusted earnings to range between $6.68 and $6.88 this year. FactSet says analysts expect earnings of $7.35 per share. (AP Photo/Rogelio V. Solis, File)
February 20, 2019 - 8:15 am
CVS Health beat fourth-quarter earnings forecasts, but a struggling long-term care business took another huge bite out of the company's performance and its initial 2019 forecast was weaker than expected. Shares tumbled nearly 9 percent before the opening bell Wednesday. CEO Larry Merlo said in a...
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FILE - This Oct. 27, 2010, file photo shows a Boeing 737 being delivered to FlyDubai in Seattle. Budget carrier FlyDubai said Wednesday, Feb. 20, 2019, that revenues rose to $1.7 billion in 2018, but the company ended the year with a loss of $43.5 million. (AP Photo/Elaine Thompson, File)
February 20, 2019 - 3:40 am
DUBAI, United Arab Emirates (AP) — Dubai's government-owned budget carrier FlyDubai said Wednesday its revenues increased to $1.7 billion in 2018, though the airline ended the year with a loss of $43.5 million. The airline that flies out of both Dubai International Airport and Dubai World Central's...
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FILE- In this Nov. 9, 2018, file photo shoppers look at toys at a Walmart Supercenter in Houston. Walmart Inc. reports financial results Tuesday, Feb. 19, 2019. (AP Photo/David J. Phillip, File)
February 19, 2019 - 6:46 am
NEW YORK (AP) — Walmart delivered a quarterly report that beat expectations on profit and revenue, and e-commerce sales surged during the critical holiday period. Shares moved sharply higher before the opening bell Tuesday. Walmart is the first major retailer to deliver fourth-quarter results and...
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February 18, 2019 - 11:23 pm
LONDON (AP) — Europe's biggest bank has reported its net profit jumped 30 percent in 2018 from the previous year to $12.6 billion. The London-based bank, whose profit is mainly from Asia, said its revenue rose 5 percent from a year earlier to $53.8 billion. Pre-tax profit rose 16 percent to $19.9...
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