Earnings
Costco Reports Strong Q4 Earnings Growth
27 Mwezi wa tisa, 2025 Imeripotiwa na AI
Costco Wholesale Corporation announced robust fourth-quarter earnings for fiscal 2025, with net sales rising 7.3% to $79.1 billion, surpassing expectations amid resilient consumer spending. The retailer also reported a membership fee increase that boosted revenue, though it faced pressures from e-commerce competition. This performance underscores Costco's enduring appeal in a challenging retail environment.
Ciena Shares Jump on Earnings Beat
12 Mwezi wa tisa, 2025 Imeripotiwa na AI
Ciena Corporation's shares surged 23.3% on September 5, 2025, following the release of its third-quarter fiscal 2025 earnings, which reported adjusted earnings of $0.67 per share, exceeding the Zacks Consensus Estimate of $0.52. The strong performance was driven by robust demand in networking and optical solutions.
Nike exceeds earnings expectations with recovery warning
Nike Inc. reported better-than-expected fiscal fourth-quarter results, with revenue and earnings surpassing Wall Street forecasts. However, the company cautioned that its recovery from recent challenges will not proceed in a straight line. Shares rose in after-hours trading following the announcement.
Broadcom Releases Quarterly Earnings Report
Broadcom Inc. announced its earnings for the quarter, highlighting developments in AI technology. The report was released amid market anticipation for tech sector performance.