Earnings Reports and News

Spice Seller McCormick Rallies on Earnings Beat

Shares of McCormick & Company (MKC) climbed more than 4% in intraday trading Thursday after the spice maker’s second-quarter results topped analysts’ expectations.

Nike Stock Drops on Revenue Miss, Guidance Warning

Nike shares fell in extended trading Thursday after the company reported fourth-quarter revenue that fell short of analysts’ estimates and said it would update its fiscal 2025 guidance.

RH Posts Bigger-Than-Expected Loss as Tough Housing Market Hurts Demand

Shares of RH (RH) sank Friday, a day after the upscale home furnishings retailer posted a bigger-than-expected loss and gave soft guidance as the tight housing market squeezed demand.

Nio Falls on Wider-Than-Expected Loss, Fewer Deliveries

Chinese electric vehicle (EV) maker Nio (NIO) reported first-quarter results below expectations Thursday, falling short on revenue and posting a wider loss than analysts had expected

Marvell’s Q1 Struggles in Other Divisions Outweigh AI, Data Center Growth

Marvell Technology reported a massive jump in first-quarter revenue for its data center division that failed to offset declines in its other segments.

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