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Friday, September 30, 2022

Carnival Corp. Q3 Results Miss Estimates

Carnival Corporation & plc (CCL) reported Friday that net loss for the third quarter sharply narrowed to $770 million or $0.65 per share from $2.84 billion or $2.50 per share in the prior-year quarter.

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Bed Bath & Beyond Maintains FY22 Outlook - Update

While reporting financial results for the second quarter on Thursday, beleaguered home improvement retailer Bed Bath & Beyond, Inc. (BBBY) maintained its comparable sales guidance for the full-year 2022.

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Rite Aid Q2 Adj. Loss Wider Than Estimates; Slashes FY23 Adj. Loss Outlook

While reporting financial results for the second quarter on Thursday, drugstore chain Rite Aid Corp. (RAD) slashed its outlook for fiscal 2023 net loss primarily due to goodwill impairment charges in the Pharmacy Services Segment and increased impairment charges for closed stores. Meanwhile, it maintained annual revenue forecast.

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Rational AG Raises FY22 Guidance

Rational AG (RTLLF.PK) said, following strong sales revenues in the first half of the year, it appears that they will be at a record high again in the third quarter. The Executive Board projects sales revenues of around 270 million euros in the third quarter.

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Neogen Q1 Net Profit Plunges, But Revenue Up 3%

Neogen Corp. (NEOG) reported on Tuesday that net income for the first quarter plunged to $5.21 million or $0.05 per share from to $17.08 million or $0.16 per share in the prior-year quarter.

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TD SYNNEX Q3 Profit Spikes, Beats Estimates

TD SYNNEX Corp. (SNX) Tuesday reported a surge in third-quarter earnings supported by a nearly three times increase in revenues, reflecting integration. SYNNEX Corp. and Tech Data Corp. had completed their merger to form TD SYNNEX last year. Earnings as well as revenue beat estimates.

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United Natural Foods Guides FY23 In Line With Estimates - Update

While reporting financial results for the fourth quarter on Tuesday, grocery wholesaler United Natural Foods, Inc. (UNFI) initiated its adjusted earnings and net sales guidance for the full-year 2023, in line with analysts' expectations.

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