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Mark Remy

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urban-outfitters-nasdaq-urbn-q3-profit-misses-estimates

Urban Outfitters (NASDAQ: URBN) Q3 profit misses estimates

Urban Outfitters Inc. (NASDAQ: URBN) reported a 28% dip in earnings for the third quarter of 2020 due to higher costs and expenses. The results missed analysts’ expectations. Net income plunged by 28% to $55.65 million or $0.56 per share. However, net sales increased by 1.4% to $987 million helped by strong comparable sales. Analysts…
macys-nyse-m-q3-earnings-preview-check-margins-outlook-for-cues-on-recovery

Macy’s (NYSE: M) Q3 earnings preview: Check margins, outlook for cues on recovery

Shares of Macy’s (NYSE: M) are yet to recover from the multi-year lows seen a few months ago, following its dismal second-quarter results. The department store chain also slashed its full-year outlook, leaving investors with little hope ahead of the third-quarter report, which is expected to be published Thursday before the opening bell. The ongoing…
splunk-splk-likely-to-report-upbeat-q3-earnings-on-thursday

Splunk (SPLK) likely to report upbeat Q3 earnings on Thursday

Splunk Inc. (NASDAQ: SPLK) will report its third-quarter 2020 earnings results on Thursday after the market closes. The results will be benefited from its transition to the subscription-based cloud model as well as the strong demand for its software. The future lies in data and Splunk’s strategy is simple and powerful to bring data to…
bilibili-bili-reports-wider-q3-loss-revenues-surge-on-strong-user-growth

Bilibili (BILI) reports wider Q3 loss; revenues surge on strong user growth

China-based video-sharing platform Bilibili, Inc. (NASDAQ: BILI) reported a wider net loss for the third quarter of 2019, hurt by a marked increase in expenses. Meanwhile, revenues increased sharply as the company expanded its user base further. Third-quarter net loss, adjusted for one-off items, widened to RMB343 million($48 million) or RMB1.05 per share ($0.15 per…
tjx-companies-beats-q3-estimates-raises-full-year-eps-guidance

TJX Companies beats Q3 estimates; raises full-year EPS guidance

The TJX Companies Inc. (NYSE: TJX) topped revenue and earnings expectations for the third quarter of 2020, allowing the stock to gain 1.2% in premarket hours on Tuesday.   Total sales increased 6% year-over-year to $10.5 billion, beating the consensus target of $10.3 billion. Comparable store sales increased 4%. Net income was $828 million, or…