Procter & Gamble on Tuesday reported mixed quarterly results, but the company's volume increased for the first time in more than two years. Volume excludes pricing, making the metric a more accurate reflection of demand than sales. Over the last several years, P&G's price hikes across its portfolio, from...
McDonald’s earnings, revenue miss estimates as consumer pullback worsens
A McDonald's restaurant is viewed on July 22, 2024 in Burbank, California. Mario Tama | Getty Images McDonald's on Monday reported quarterly earnings and revenue that missed analysts' expectations as same-store sales declined across every division. Here's what the company reported compared with what Wall Street was expecting, based on a...
Dexcom shares plunge more than 40% for worst day on record
Dexcom shares sank more than 40% on Friday, their steepest decline ever, after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $43.85 to close at $64, wiping out more than $17 billion in market cap. Prior to Friday, the biggest...
Bristol Myers Squibb beats earnings estimates, raises outlook as drugmaker slashes costs
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Friday reported second-quarter earnings and revenue that topped expectations and raised its full-year guidance as the drugmaker moves to slash...