US elections weigh on Barnes & Noble same-store sales forecast


Here is the latest Company News from CNBC.

US elections weigh on Barnes & Noble same-store sales forecast
Barnes & Noble said it now expected full-year comparable sales to fall as Americans stay indoors to follow the U.S. elections coverage.

VeriFone shares plummet nearly 20% after giving dismal guidance
Shares of VeriFone Systems plunged on Friday after the company gave dismal fourth-quarter guidance.

Lululemon same-store sales fall short, sending shares lower
Lululemon Athletica reported comparable sales growth that fell short of analyst estimates, sending shares down nearly 9 percent.

Campbell Soup reports ‘disappointing’ fresh, organic foods sales
Campbell Soup posted a slight fall in quarterly sales and called the performance of its fresh and organic foods “disappointing.”

Cloud management company Box’s quarterly revenue jumps 30%
Its net loss narrowed to $38.1 million, or 30 cents per share, in the second quarter from $50.2 million, or 42 cents per share, a year earlier.

Chico’s shares pop after earnings beat
Shares of Chico’s FAS popped more than 12 percent in intraday trade Wednesday after better-than-expected earnings.

H&R Block stock tumbles on earnings miss
H&R Block shares dropped 12 percent, as the firm reported weaker-than-expected results for its latest quarter due to fewer customers in the U.S. and negative currency impact.

Shares of Veeva Systems fly after beating earnings expectations
Veeva Systems jumped nearly 9 percent Wednesday after the cloud-based software company reported earnings that exceeded analysts expectations.

Banks just soared to most profitable quarter EVER
American banks spent the second quarter crying all the way to the, well, bank.

Workday shares spike after subscription sales rise
Shares of Workday climbed 7 percent after the enterprise software company reported an increase in subscriber revenue.

Ulta shares stumble on slightly disappointing earnings guidance
Ulta gave third-quarter guidance below analyst expectations, despite reporting earnings and sales growth that topped estimates.

Abercrombie & Fitch no longer expects results to improve this year
Teen apparel retailer Abercrombie & Fitch’s sales dropped for the 14th straight quarter, hurt by lower traffic at its namesake stores.

Fashion retailer shares nosedive after earnings
Abercrombie & Fitch, DSW and G-III Apparel shares tanked after the retailers posted fiscal second-quarter earnings and revenue.

Palo Alto forecasts revenue below estimates, shares drop
Palo Alto Networks forecast current-quarter revenue and profit below estimates, sending its shares down 7 percent in premarket trading on Wednesday.

Discount retailers Dollar Tree, Dollar General sales miss estimates
Discount retailers Dollar Tree and Dollar General posted lower-than-expected quarterly sales on Thursday.

Luxury jeweler Tiffany’s comparable sales miss estimates
Jewelers Tiffany and Signet Jewelers on Thursday reported surprisingly weak same-store sales.

HP beats estimates, weak printer demand weighs on forecast
HP Inc. reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks.

Sears posts quarterly loss, taking debt from CEO’s hedge fund
Sears posted a net loss and said it accepted debt financing of $300 million from Chief Executive Edward Lampert’s hedge fund, ESL Investments.

Analysts expect little luster from jewelers earnings
Earnings reports this week from Tiffany and Signet Jewelers should highlight the ongoing difficulties in the jewelry retail space.

Express shares plummet after disappointing sales from weak store traffic
Shares of Express sink after the company reported weaker-than-expected quarterly sales and earnings. .

Intuit stock falls after weak first quarter guidance
Intuit shares slipped more than 4 percent Wednesday after the company said it expects a weak first-quarter.

Toll Brothers revenue beats estimates on higher home sales
Toll Brothers reported a rise in revenue for the fourth straight quarter, beating analysts’ estimates.

Best Buy shares soar 15% on surprise rise in same-store sales
Best Buy reported a surprise rise in quarterly comparable-stores sales, helped by strong demand for appliances and consumer electronics.

Deere shares jump 13%, plows past Street, boosts forecast
Deere stock rallied Friday after the farm equipment maker beat on fiscal third-quarter results and raised guidance.

Estee Lauder shares slide after sales, guidance miss
Cosmetics maker Estee Lauder reported a smaller-than-expected rise in quarterly sales and disappointing guidance.

Stephen Curry, Kevin Durant help lift Foot Locker’s sales
Foot Locker reported an acceleration in sales from the first quarter.

Caterpillar shares slump on machinery sales declines
Caterpillar shares slump on machinery sales declines.

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