General Mills Q2 Profit Declines, Misses Estimates

Branded food company General Mills, Inc. (GIS) reported Tuesday a profit for the second quarter that declined 8 percent from last year, hurt by lower gross margins amid significant input cost inflation and elevated costs related to supply chain disruptions. Adjusted earnings per share missed analysts' estimates, but quarterly net sales topped it.

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Adobe Systems Q4 Profit Halves; Provides Weak Outlook

Software giant Adobe Systems Inc. reported Thursday that profit for the fourth quarter halved from last year, hurt by a provision for income taxes compared to last year's benefit, despite record revenues. Adjusted earnings per share met analysts' expectations, while quarterly revenues topped it.

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Worthington Industries Swings To Profit In Q2 - Quick Facts

Industrial manufacturing company Worthington Industries, Inc. (WOR) reported Thursday net earnings for the second quarter of $110.3 million or $2.15 per share, compared to a net loss of $74.0 million or $1.40 per share in the prior-year quarter.

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Inditex 9-month Earnings Surge On Strong Sales; Stock Down

Industria de Diseño Textil SA or Inditex Wednesday reported significantly higher earnings in its nine-month period with strong sales growth. The Spanish fashion retailer also said its standalone third-quarter net profit, EBITDA and revenue reached all-time record levels. Looking ahead for fiscal 2021, the company now projects a gross margin of around 57.5 percent, plus or minus 50 basis points.

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Atara Biotherapeutics Rises In Pre-market On Positive Phase 3 Trial Results Of Tab-cel

Shares of Atara Biotherapeutics, Inc. (ATRA), are trading 3 percent higher in pre-market on Tuesday after the company engaged in T-cell immunotherapy, announced efficacy and safety results from its study investigating tabelecleucel (tab-cel) for the treatment of Epstein-Barr virus positive post-transplant lymphoproliferative disease.

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Ciena Q4 Profit Rises, Meets Estimates

Networking systems firm Ciena Corp. reported on Thursday that profit for the fourth quarter increased from last year, driven by strong revenue growth despite supply chain challenges. Adjusted earnings per share met analysts' expectations and quarterly revenues topped them by a whisker.

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Lovesac Q3 Profit Edges Up; Results Top Estimates - Quick Facts

Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, on Wednesday reported that net income for the third quarter grew to $2.75 million or $0.17 per share from $2.48 million or $0.16 per share in the prior-year quarter.

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