Latest Earnings reports News

Slack: Fiscal 1Q Earnings Snapshot

Jun. 4, 2020 7:48 PM EDT

SAN FRANCISCO (AP) — Slack Technologies Inc. (WORK) on Thursday reported a loss of $75.2 million in its fiscal first quarter. On a per-share basis, the San Francisco-based company said it had a loss of 13 cents. Losses, adjusted for stock option expense and amortization costs, came to 2 cents per share....

In this Monday, June 1, 2020 photo, local customers sit in a terrace bar in downtown Barcelona. Spain is waiting until July to reopen its border for foreign tourists. In the meantime, authorities are encouraging Spaniards to vacation inside at home. (AP Photo/Emilio Morenatti)

Retailers look to boost sales, German car sales weak

Jun. 4, 2020 6:34 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ DOUBLE-DIGIT DROPS: — The Buckle's sales declined 16.8% in...

In this Feb. 22, 2019 photo, players gather around a table of craps at the Golden Nugget casino in Atlantic City N.J. Commercial casinos in 25 U.S. states won $43.6 billion from gamblers in 2019, an increase of nearly 4% from the previous year, according to a report issued late Wednesday, June 3, 2020, by The American Gaming Association, the casino industry’s national trade group. (AP Photo/Wayne Parry)

US commercial casinos won $43.6 billion in 2019, up 3.7%

Jun. 4, 2020 11:47 AM EDT

ATLANTIC CITY, N.J. (AP) — Helped by the continuing spread of legal sports betting, commercial casinos in the U.S. won $43.6 billion from gamblers last year, an increase of 3.7% from the previous year. In a report issued late Wednesday, The American Gaming Association, the casino industry’s national...

Alaska banks have solid 2020 start but face uncertain year

Jun. 4, 2020 9:38 AM EDT

ANCHORAGE, Alaska (AP) — Alaska’s banks had a solid start to 2020 but the remainder of the year is uncertain for them in what could be a tumultuous period as a result of the coronavirus pandemic. First National Bank Alaska, Northrim Bank and Denali State Bank all had positive asset and income...

Dell, Williams-Sonoma rise; Nordstrom, Salesforce fall

May. 29, 2020 4:21 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Salesforce.com Inc., down $6.31 to $174.79. The cloud-based software company cut its full year financial forecasts because of the virus pandemic's impact. VMware Inc., up $13.83 to $156.27. The cloud-based software company...

Shoppers walks past a Nordstrom window display at The Grove shopping center Wednesday, May 27, 2020, in Los Angeles. California moved to further relax its coronavirus restrictions and help the battered economy. Retail stores, including those at shopping malls, can open at 50% capacity. (AP Photo/Marcio Jose Sanchez)

Nordstrom's 1Q sales fell 40% as pandemic shuttered stores

May. 28, 2020 6:13 PM EDT

NEW YORK (AP) — Upscale department store retailer Nordstrom reported Thursday that its sales plunged nearly 40% in its fiscal first quarter when the pandemic forced a temporary shutdown of its stores. The Seattle-based company, however, said it has improved its financial flexibility by reducing inventory...

Nissan workers gather during a protest in Barcelona, Spain, Thursday, May 28, 2020. Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plans in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs. (AP Photo/Emilio Morenatti)

Nissan to close Indonesia, Spain auto plants after losses

May. 28, 2020 7:51 AM EDT

TOKYO (AP) — Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production. Yokohama-based Nissan’s chief executive, Makoto Uchida, said Thursday that its European...

Report: Up to $1.5 billion Wyoming revenue hit amid COVID-19

May. 26, 2020 2:19 PM EDT

CASPER, Wyo. (AP) — Collapsing energy prices and the COVID-19 pandemic are expected to cost Wyoming up to $1.5 billion in revenue over the next two years, preliminary estimates released Tuesday show. The nonpartisan state Consensus Revenue Estimating Group predicts sales tax revenue will fall up to 30% in...

Anaplan: Fiscal 1Q Earnings Snapshot

May. 26, 2020 12:54 PM EDT

SAN FRANCISCO (AP) — Anaplan Inc. (PLAN) on Tuesday reported a loss of $39.6 million in its fiscal first quarter. On a per-share basis, the San Francisco-based company said it had a loss of 29 cents. Losses, adjusted for stock option expense and non-recurring costs, were 10 cents per share. The results...

A doorman wearing a face shield and mask to protect from coronavirus stands outside the main entrance of the Fortnum & Mason department store as customers leave carrying shopping bags in the Piccadilly area of central London, Friday, May 22, 2020. The store reopened its food hall department for customers to enter yesterday as part of a phased reopening as the British government is beginning to relax aspects of its nationwide coronavirus lockdown. (AP Photo/Matt Dunham)

Global tourism upended; worst-case earnings scenario dodged

May. 22, 2020 7:14 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus. ________________________ SUPPLY DEMANDED: The virus has upended supply chains and shut stores...