sales

IBM Reports Plan to Acquire Waeg

IBM Reports Plan to Acquire Waeg

IBM (NYSE: IBM) has reported plans to acquire Waeg to extend IBM’s expertise in Salesforce service and advance IBM’s hybrid cloud and AI strategy.  "Salesforce continues to play a critical role in companies' digital transfo..

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Corporation (NASDAQ: SBUX) reported financial results for its 13-week fiscal second quarter ended March 29, 2020. The retailer of specialty coffee worldwide reported global comparable store sales declined 10%, driven by a 13% decrease in c..

Domino's Pizza Shares Fall After Earnings

Domino's Pizza Shares Fall After Earnings

Domino's Pizza, Inc. (NYSE: DPZ) shares fell more than 5% Thursday morning, after the Company announced first quarter 2020 financial results. According to the report Domino’s global retail sales increased 4.4% in the first quarter, or 5.9%..

Shake Shack Reported Fourth Quarter and FY 2019 Earnings

Shake Shack Reported Fourth Quarter and FY 2019 Earnings

Shake Shack Inc. (NYSE: SHAK) announced financial results for the fourth quarter and fiscal year 2019.  For the fourth quarter, revenue rose 21.9% to USD 151.4 Million.  Sales of the company increased 20.8% to USD 145.8 Million. System-wi..

Traditional Retailers such as J.C Penney and Kohl’s is now in Jeopardy

Traditional Retailers such as J.C Penney and Kohl’s is now in Jeopardy

Kohl's (NYSE: KSS) and J.C Penney (NYSE: JCP) is a traditional American department store retail chain. It was announced that the traditional brick-and-mortar retailers struggle to compete with record-breaking online shopping between Thanksg..

Macy’s Holiday Season Sales Results Give Investors Hope

Macy’s Holiday Season Sales Results Give Investors Hope

Macy’s, Inc. (NYSE: M) announced Wednesday comparable sales results for the months of November and December 2019.November/December 2019 Comparable Sales:November/December 2019Comparable sales (owned)(0.7)%Comparable sales (owned plus lice..