Adjusted operating profit for the fourth quarter increased 10.7 percent from a year earlier, to $170.5 million, the company said.
Category: Company Reports
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Disney Returns to Its Steamrolling Self
Per-share quarterly profit rose 44 percent from a year earlier, the company said, signaling that it had moved past a period of turmoil.
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PepsiCo Adding Healthier Snacks as Its North American Sales Dip
Rising consumer demand for fewer empty calories is pushing the snack and beverage giant to offer options with less sodium, fat and artificial ingredients.
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Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales
The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
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Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
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Starbucks Reports Weak Earnings as It Tries to Woo Back Customers
Traffic is down, but improving. “Much of our work is just beginning,” said Brian Niccol, the chief executive.
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S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.
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Netflix Adds 19 Million Subscribers in Quarter
The company said those results were buoyed by programming in recent months that exceeded internal expectations.
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UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.
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JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
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Starbucks Visitors Must Now Buy Something to Stay or Use Bathroom
Starbucks said visitors to the coffee shops would be required to buy something in order to use the restroom or stay in the store, as the company’s new chief executive responded to a decline in sales.