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Friday, May 27, 2022

Canopy Growth Q4 Loss Narrows

Canopy Growth Corp. (CGC, WEED.TO) reported that its fourth-quarter net loss attributable to the company was C$574.62 million or C$1.46 per share, sharply narrower than C$699.98 million or C$1.85 per share in the prior-year quarter.

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Big Lots Posts Loss In Q1; Comps. Down 17.0%

Big Lots, Inc. (BIG) posted a first quarter net loss of $11.1 million, or $0.39 per share, compared to net income of $94.6 million, or $2.62 per share, prior year. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.93, for the quarter. Analysts' estimates typically exclude special items.

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Alibaba Q4 Loss Sharply Widens

Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday a net loss for the fourth quarter that sharply widened from last year, despite 9 percent growth in revenues, hurt by a decreases in the market prices of our equity investments in publicly-traded companies.

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Macy's Boosts FY22 Adj. EPS Outlook As Q1 Results Top Estimates

Omni-channel fashion retailer Macy's, Inc. (M) reported Thursday a first-quarter net income of $286 million or $0.98 per share, sharply higher than $103 million or $0.32 per share in the prior-year quarter.

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Dollar General Boosts FY22 Sales Outlook; Declares Dividend - Update

While reporting financial results for the first quarter on Thursday, Dollar General Corp. (DG) raised its sales growth guidance for the full-year 2022, while maintaining annual earnings outlook, despite the ongoing uncertainties arising from product cost inflation and continued pressure in the supply chain.

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Medtronic Issues FY23 Guidance; Plans To Form Independent Kidney Care-focused Medical Device Company

Medtronic plc (MDT) said global supply chain and COVID-19 controls in China created acute impacts to the company's results in the fourth quarter. Looking forward, the company expects recent and upcoming product launches to make a difference across its businesses in the coming fiscal year.

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DICK'S Sporting Slashes FY22 Outlook; Declares Dividend; Stock Down 15%

While reporting financial results for the first quarter on Wednesday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) slashed its earnings, adjusted earning and consolidated same store sales guidance for the full-year 2022.

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