All Posts Tagged With: "earnings report"
Merck & Co. (NYSE:MRK) posted an unexpected increase in second-quarter revenue and an increased profit versus a year-earlier period. For the quarter, the company posted a profit of $1.21 billion, up 75 percent from $687 million a year earlier. Earnings rose to 43 cents a share from 24 cents a share. Excluding certain one-time costs, […]
Lululemon Athletica Inc. (NASDAQ:LULU) reported mixed results on its earnings call for the first quarter of its fiscal year. Lululemon’s total revenue increased 17 percent to $495.5 million, beating analysts’ estimates of $487.72 million. However, profits fell to $45.3 million, or 33 cents per share, down from $47.8 million, or 34 cents per share, in […]
Wal-Mart Stores (NYSE:WMT) reported that sales at existing stores in the U.S. rose more than expected during its first quarter, leading to a higher-than-expected quarterly profit and revenue. U.S. same-store sales were up 1 percent in the quarter, beating analysts’ estimates of a 0.5 percent increase. This was the seventh quarter in a row that […]