Articles by tag: Earnings report
Amazon went big and bold with its diversified brick and mortar strategy when it bought Whole Foods and launched cashier-less Amazon Fresh and Amazon Go stores across the U.S. Turns out this may have been a miscalculation for the e-commerce giant. Amazon’s CEO, Andy Jassy, speaking on the company’s fourth-quarter earnings call, revealed that […]
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McDonald’s and GM Boast Positive Q4 Earnings to End 2022 on a High Note
Ba Da Ba Ba Bah, McDonald’s is lovin’ their Q4 earnings. The golden arches were shining bright when McDonald’s reported their fourth-quarter earnings results Tuesday, January 31, 2023. Mcdonald’s beat Wall Street expectations of $5.75 billion in revenue with a reported $5.93 billion. U.S. same-store sales were up, and McDonald’s adjusted earnings per share were […]
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Tesla Does Not Bring the Energy In Second Quarter
Tesla Inc. stocked dipped this week upon the release of the company’s most recent quarterly earnings report. The car manufacturer did not meet analysts’ expectations despite a company-record 95,356 vehicle deliveries during the second quarter of 2019. According to Tesla’s SEC filing, the company produced an auto gross margin of approximately 19 percent, which is […]