Articles written by: Josh Clayton

Deere Misses Expectations for Fiscal Third-Quarter Sales, Earnings Amid Agriculture Uncertainty

Deere Misses Expectations for Fiscal Third-Quarter Sales, Earnings Amid Agriculture Uncertainty

Deere & Co. (DE) reported results for its fiscal third quarter that missed the Street’s expectations as uncertainty in the agriculture sector amid the US-China trade war continues to weigh on sentiment, bringing a lowered outlook for full-year sales on Friday. Net sales fell 3% to $8.97 billion, missing the consensus on Capital IQ for $9.38 billion. Earnings rose to […]

Tapestry Shares Sink on Weaker-Than-Expected Fourth-Quarter Sales for Coach, Kate Spade Parent

Tapestry Shares Sink on Weaker-Than-Expected Fourth-Quarter Sales for Coach, Kate Spade Parent

Tapestry (TPR) shares sank Thursday after the fashion company’s fiscal fourth-quarter net sales missed expectations. The New York-based owner of the Coach, Kate Spade and Stuart Weitzman brands reported posted $1.51 billion in sales for the quarter ended June 30, up from $1.48 billion in the prior-year period but below Capital IQ’s consensus for $1.53 billion. Non-GAAP earnings per diluted […]

Keurig Dr Pepper’s Second-Quarter Earnings Beat Expectations

Keurig Dr Pepper’s Second-Quarter Earnings Beat Expectations

Keurig Dr Pepper (KDP) on Thursday reported second-quarter earnings that beat expectations, led higher by a higher gross margin rate that also beat views. The company said adjusted diluted per-share earnings in the quarter ended June 30 rose to $0.30 from adjusted pro forma diluted EPS of $0.26 in the prior-year period. Capital IQ’s consensus was for $0.29. Net sales […]

Cars.com Shares Sink After No Actionable Bids Received

Cars.com Shares Sink After No Actionable Bids Received

Cars.com (CARS) shares sank on Monday morning after it said it had received “no actionable bids” for the company, cut its full-year guidance and posted second-quarter results that missed expectations. The Chicago-based online automobile marketplace said that it has decided after a six-month strategic review to continue as an independent public company and after it held discussions with “several interest […]

Booz Allen Hamilton Reports Better-Than-Expected Fiscal First Quarter

Booz Allen Hamilton Reports Better-Than-Expected Fiscal First Quarter

Booz Allen Hamilton (BAH), a technology and management consulting firm, reported better-than-expected results for its fiscal 2020 first quarter as revenue from its biggest client, the US government, advanced. Total revenue rose to $1.83 billion from $1.65 billion in the same period of last year, ahead of the consensus on Capital IQ for $1.79 billion, amid strength in client demand […]