Not laughed Today? These wedding photos Will Make You LaughBuy North West Company and another intriguing value play as markets sag into October. The post 2 Cheap Stocks That Could Hit New Highs in 2024 appeared first on The Motley Fool Canada.Artizia sees $6M net loss in Q2, CEO says results 'do not meet our high standards'
VANCOUVER — Aritzia Inc. says it incurred an almost $6 million net loss in its latest quarter as its chief executive admitted the financial results do not meet its "high standards." The Vancouver apparel company says the net loss in the second quarter compared with a net income of $46 million during the same period the year before. Aritzia's net loss amounted to five cents per diluted share for the period ended Aug.
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Government shutdown looms, Nike earnings on tap: Yahoo Finance LiveRepublican Senator Rick Scott of Florida will discuss the state of play in Washington at 4:00 p.m. ET. On the earnings front, Nike (NKE) will be in focus when it releases its fiscal first quarter results after the market close. Trending tickers include Chicos (CHS), Workday (WDAY), and Jabil (JBL).Top guests on Yahoo Finance Live today include:3:05 p.m. ET - Tiffany Wilding, PIMCO Managing Director and Economist3:50 p.m. ET - Naveen Jaggi, JLL President of Retail4:05 p.m. ET - Sen. Rick Scott, R-Florida4:20 p.m. ET - David Swartz, Morningstar Equity Analyst4:30 p.m. ET - Mark Penn, Stagwell Chairman and CEO
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Nike Q1 earnings beat, China revenue misses estimatesNike's (NKE) fiscal first quarter adjusted earnings per share of $0.94 topped analyst estimates of $0.75. Revenue slightly missed Street expectations, $12.94 billion versus the $12.99 billion estimate. Great China revenue of $1.74 billion missed estimates of $1.83 billion. Morningstar Equity Analyst David Swartz tells Yahoo Finance Live that margins were a little better than he had been expecting but that 'Nike has a history of consistently beating margin expectations, so you know, I think there's a little bit of sandbagging that Nike tends to bring down expectations to make it easier to beat them.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Nike earnings preview: Wholesale sales, China and consumer demand in the spotlightNike is set to report earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and any impacts from slower growth in China.
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Nike Q1 earnings expectations for ThursdayNike (NKE) is set to report its fiscal first quarter 2023 earnings results on Thursday, September 28. Wall Street analysts expect the sports apparel giant to post revenue of approximately $13 billion for the quarter with earnings per share forecasted at $0.75 on an adjusted basis. In addition, analysts estimate Nike's gross margin for the quarter to come in at 43.7%, compared to 44.3% in the same period last year. Yahoo Finance's Josh Schafer previews Nike's first-quarter earnings and gives insights into what could impact these earnings. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Carnival stock ticks up on Q3 earnings beat, profit forecastCruise operator Carnival Corp. (CCL) shares set sail this morning, rising after Friday's opening bell on the cruise line's third-quarter earnings. Carnival reported all-time-high third-quarter revenues of $6.9 billion. Yahoo Finance Live breaks down the travel demand driving profit forecasts and investor optimism directed at the stock Yahoo Finance Executive Editor Brian Sozzi will be interviewing Carnival Corporation President, CEO, and Chief Climate Officer Josh Weinstein later today at 3:00 P.M. ET. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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