Tag: Earnings reports
Zoom’s boom continues in 1Q, raising post-pandemic hopes
SAN RAMON, Calif. — Zoom is still booming, raising prospects that the video-conferencing service will be able to sustain its momentum, even as the...
Best Buy raises 2021 comparable store sales expectations
NEW YORK — Three months after saying that comparable store sales may actually fall in 2021, Best Buy on Thursday released a much more...
Atlantic City 1st quarter casino earnings more than triple
ATLANTIC CITY, N.J. — The Atlantic City casinos' gross operating profit soared in the first quarter of this year to more than $95 million,...
Target’s 1Q profit surges as shoppers go out and spend
NEW YORK — Target Corp. on Wednesday reported that its sales and profits surged in its fiscal first quarter thanks to shoppers eager to...
This Week: Walmart earns, Fed meeting minutes, US home sales
A look at some of the key business events and economic indicators upcoming this week:
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Alibaba records first quarterly operating loss since IPO
HONG KONG — Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine...
DoorDash sales surged in Q1 even as dining rooms reopen
DoorDash on Thursday reported that its sales nearly tripled in the first three months of the year as demand for food delivery remained elevated...
Airbnb reports 1Q loss of nearly $1.2 billion, revenue rises
Airbnb reported Thursday that its first-quarter loss more than tripled, to $1.17 billion, as travel remained depressed by the pandemic, but revenue topped the...
Japan’s Toyota says profit soared in Jan-March amid pandemic
TOKYO — Toyota reported Wednesday its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the...
Japan’s Nissan sees smaller loss, promises sales recovery
TOKYO — Nissan reduced its losses in the January-March quarter as restructuring efforts kicked in, despite damage to sales from the coronavirus pandemic, the...
