Earnings

Gap Inc. said Thursday its total sales tumbled 18% during the latest quarter, as e-commerce revenue surged 95% from a year ago, but those gains were offset by a 48% drop in store sales during the coronavirus pandemic.  It swung to a net loss from a year ago, as the lower sales combined with additional shipping

Aneel Bhusri at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Workday shares rose as much as 13% in extended trading on Thursday after the cloud software company reported better-than-expected quarterly revenue and earnings. The company also said Chano Fernandez is being promoted from co-president to co-CEO, operating alongside Aneel

A Tiffany & Co. employee wears a protective mask as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 1, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. Cindy Ord | Getty Images Entertainment

An employee of Dick’s Sporting Goods in Destiny USA mall delivers products to a shopper, as customers pick up goods from retailers offering curbside pick up as the coronavirus disease (COVID-19) restrictions ease in Syracuse, New York, U.S., May 15, 2020. Zachary Krahmer | Reuters Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday,

Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce shares rose as much as 12% in extended trading on Tuesday after the enterprise-software company reported fiscal second-quarter earnings that surpassed analysts’

Papa John’s International Inc. signage is displayed on top of a delivery vehicle outside of the company’s restaurant in Nashville, Tennessee. Luke Sharrett | Bloomberg | Getty Images As consumers continue to flock to carryout and delivery during the pandemic, Papa John’s has continued its growth streak into August. From July 27 through Aug. 23,

People wearing masks walk past a large face mask sign in front of a Best Buy near Columbus Circle that as the city enters Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on July 22, 2020 in New York City. Alexi Rosenfeld | Getty Images Best Buy on Tuesday reported strong

A man walks outside of a Walmart in China. Tomohiro Ohsumi | Bloomberg | Getty Images Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world. The giant discount retailer reported Tuesday that net e-commerce sales in China grew 104% from a year ago in the

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Shares of graphics card maker Nvidia fell as much as 2% in extended trading on Wednesday after the company reported better-than-expected fiscal

An Estee Lauder cosmetics counter in Los Angeles, California, August 19, 2019. Lucy Nicholson | Reuters Estee Lauder forecast current-quarter profit below analysts’ estimates on Thursday after posting a bigger-than-expected quarterly loss, as travel restrictions and store closures put in place to contain the spread of coronavirus dampened demand for its premium makeup brands. The

Exterior of Alibaba Group Beijing Headquarters on November 10, 2019 in Beijing, China. VCG | Visual China Group | Getty Images China’s Alibaba beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coronavirus-related restrictions eased. Revenue rose to 153.75 billion yuan

A woman wearing a protective mask passes a homeless person during the coronavirus pandemic on May 12 2020 in New York City. John Lamparski | Getty Images Victoria’s Secret owner L Brands booked a surprise profit and better-than expected revenue during the latest quarter, sending its shares higher in after-hours trading Wednesday. Sales fell 20% during

Shoppers wearing protective masks wait in line to enter a Lowe’s Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday blew past Wall Street forecasts with a 30% surge in revenue and 68.7% jump in profit as consumers shifted spending from restaurants

Target CEO Brian Cornell said he’d like to see Congress strike a stimulus deal, but he credited closed movie theaters and canceled summer vacations for the retailer’s blowout quarter during the coronavirus pandemic. The lockdowns across the U.S. that forced consumers inside also sent them to its store and website to shop, Cornell said on

A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Kohl’s revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which wasn’t as bad as analysts feared as the coronavirus pandemic forced stores to close across the U.S. and many shoppers stayed home.  Its shares

People wear protective face masks outside Home Depot in the Flatiron district as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City. Noam Galai | Getty Images Home Depot is expected to report its fiscal second-quarter earnings before the bell

Customers wearing face masks shop at a Walmart on July 15, 2020 in Washington, D.C. Sha Hanting | China News Service via Getty Images Walmart is set to report its fiscal second quarter earnings before the bell Tuesday as the coronavirus pandemic shakes up consumer shopping patterns. Here’s what Wall Street is expecting, based on average

Chuck Robbins, chief executive officer of Cisco Technologies Inc., pauses during a panel session on day two of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2020. Jason Alden | Bloomberg | Getty Images Cisco shares fell about 6% in extended trading on Wednesday after the maker of computer networking equipment provided a

A traveler wearing a protective mask waits to put a suitcase in the back of ride-sharing car displaying Lyft signage at San Francisco International Airport on Monday, May 4, 2020. Paul Morris | Bloomberg via Getty Images Lyft just reported second-quarter earnings including a 61% revenue drop versus the same period last year, but a glimmer

This photo taken on January 11, 2018 shows a woman walking past Marriott signage in Hangzhou in China’s Zhejiang province. – | AFP | Getty Images Hotel operator Marriott International on Monday reported its first quarterly loss in nearly nine years, as extended travel disruption due to the Covid-19 pandemic hammered bookings. The company’s loss