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The Kroger Co. (NYSE: KR), a leading operator of supermarkets and multi-department stores, Friday reported an increase in adjusted earnings for the first quarter of 2025. The bottom line topped expectations. The Cincinnati-headquartered company’s first-quarter net sales came in at $45.12 billion, broadly unchanged from the prior-year period. Identical sales, without fuel, increased by 3.2% … Read more
Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in revenue and adjusted profit for the second quarter of 2025, amid continued growth in its subscription-based business. The design software maker’s Q2 earnings, adjusted for one-off items, rose to $5.06 per share from $4.48 per share in the year-ago period. Net income was $1.69 billion … Read more
Hewlett Packard Enterprise (NYSE: HPE) on Tuesday reported a decrease in adjusted earnings for the second quarter of 2025. However, the bottom line surpassed analysts’ estimates. The information technology giant posted earnings of $0.38 per share for the April quarter, on an adjusted basis, lower than the $0.42 per share profit reported in the year-ago … Read more
Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced first-quarter 2025 financial results, reporting an increase in revenue and adjusted earnings. The company reported worldwide net revenues of $13.3 billion for the March quarter, up 8% from the corresponding period of 2024. The main operating segments registered growth. Net income, adjusted for special items, rose to $2.46 … Read more
Carnival Corporation & plc. (NYSE: CCL) Friday reported an increase in revenue for the first quarter of 2025. The cruise line operator reported a profit for the quarter, on an adjusted basis, compared to a loss last year. First-quarter revenues increased to $5.81 billion from $5.41 billion in the corresponding period last year, reflecting continued … Read more
Adobe Inc. (NASDAQ: ADBE) on Wednesday reported an increase in revenue and adjusted profit for the first quarter of 2025. The numbers also exceeded Wall Street’s expectations. The design software maker’s Q1 earnings, adjusted for one-off items, rose to $5.08 per share from $4.48 per share in the year-ago period. Net income was $1.81 billion … Read more
Biotechnology company Illumina, Inc. (NASDAQ: ILMN) has issued fresh earnings guidance for fiscal 2025, to reflect tariff-related challenges to export. The company said it expects fiscal year 2025 adjusted earnings to be approximately $4.50 per share The guidance came in response to a notice from the China Ministry of Commerce, restricting the export of sequencing … Read more
Garmin Ltd. (NASDAQ: GRMN), a leading manufacturer of GPS-enabled electronic products, on Wednesday reported an increase in sales and proforma earnings for the fourth quarter of 2024. Net sales increased 23% year-over-year to $1.82 billion in the December quarter, reflecting growth across all operating divisions and geographical segments. On a pro forma basis, net income … Read more
Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced fourth-quarter 2024 financial results, reporting a double-digit dip in adjusted earnings and an increase in revenues. The company reported worldwide net revenues of $15.1 billion for the December quarter, up 6% from the corresponding period of 2023. The main operating segments registered growth. Net income, adjusted for special … Read more
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