Gap says restructuring efforts and easing supply chain costs led to a surprise profit in the first quarter. Investors liked the news, sending shares of the retailer rising more than 12% on Friday.
Updated at 10:30 am EST Gap Inc. shares moved higher Friday following a surprise second quarter profit that offset a muted near-term outlook linked to bulging inventories and softer clothing demand.
Led by positive comparable sales for its Old Navy and Gap brands, Gap Inc (NYSE:GPS) swung to a profit and posted better-than-expected results for Q4, driving shares higher in Thursday’s after ...
Micron posted a fiscal second quarter profit as the company benefited from a faster-than-expected recovery in the memory-chip market. The Boise, Idaho-based memory-chip maker reported a profit of ...
It's been a sad week for Riot Platforms, Inc. ( NASDAQ:RIOT ), who've watched their investment drop 14% to US$10.30 ...
April 3 (Reuters) - Canada's BlackBerry (BB.TO), opens new tab reported a surprise profit for the fourth quarter on Wednesday, helped by higher demand for its cybersecurity services amid growing ...
Snapchat parent Snap isn’t known for subtle post-earnings moves. Since going public in 2017, Snap stock has averaged a move, up or down, of about 20% the day after reporting quarterly results.
Shares of BlackBerry Ltd. rose more than 6% in the extended session Wednesday after the tech company surprised investors with an adjusted profit in its latest quarter, showing hefty sales growth ...
Going through a divorce is difficult for everyone involved — but the economic consequences almost always fall more heavily on the woman. According to research by the Government Accountability ...
, opens new tab reported a surprise 11% rise in fourth-quarter profit on Friday as higher retail spending more than made up for a rise in bad loans. The company's profit after tax rose to 6.62 ...
TAMPA, Fla. — Besides being a reason to celebrate, the pride parade is also a time to raise awareness for all the organizations that support the LGBTQ+ community. Tommy Whitehead, president and ...
(Reuters) - Canada's BlackBerry reported a surprise profit for the fourth quarter on Wednesday, helped by higher demand for its cybersecurity services amid growing online crimes and high-profile hacks ...