Breaking News
Feb 3, 2023
  • Skechers said the fourth quarter revenue increased 13.5% to $1.88 billion and net income plunged to $75.5 million from $402.4 million and diluted EPS dropped to 48 cents from $2.56 a year ago.
    • Skechers guided first quarter revenue between $1.80 billion and $1.85 billion and diluted earnings per share between 55 cents and 60 cents a share and full EPS between $2.80 and $3.0.
      • Sally Beauty said December quarter revenue declined 2.4% to $957 million and net income dropped 27% to $50.3 million from $68.8 million and diluted EPS fell to 46 cents from 60 cents a year ago.
      • Feb 2, 2023
        • The Bank of England decided to increase its benchmark rate in a 7-to-2 vote by 50 basis points to 4.0%, the highest level since 2008 as policymakers battle to control forty-year high inflation.
          • Meta Platforms said revenue in the December quarter declined 4% to $32.2 billion and net income fell 55% to $4.6 billion from $10.3 billion and diluted EPS dropped to $1.76 from $3.67 a year ago.
            • Vista Outdoor said revenue in the December quarter declined 5% to $754 million and net income fell to $65.2 million from $118.1 million and diluted EPS dropped to $1.13 from $2.0 a year ago.
              • Scotts Miracle said revenue in the December quarter fell 7% to $527 million and net loss rose 30% to $64.7 million from $50 million and diluted loss per share rose to $1.17 from 90 cents a year ago.
                • Humana said the fourth quarter revenue increased 6.6% to $22.4 billion and net loss rose to $18 million from $13 million and diluted loss per share increased to 12 cents from 11 cents a year ago.
                  • Estee Lauder said the fourth quarter revenue declined 17% to $4.6 billion and net income fell 64% to $397 million and diluted EPS declined to $1.09 from $2.97 a year ago.
                    • Becton Dickinson said revenue in the December quarter fell 2.8% to $4.6 billion and net income fell 26% to $486 million from $655 million and diluted EPS fell to $1.70 from $1.90 a year ago.