Peloton CEO John Foley, center, celebrates his company’s IPO at the Nasdaq MarketSite, Thursday, Sept. 26, 2019 in New York. Mark Lennihan | AP Peloton Interactive reports earnings for the first time since going public before the bell Tuesday. The company, which sells connected fitness equipment and subscriptions to stream its workout classes, made its
Earnings
Kate Spade bags on sale at Macy’s in New York. Scott Mlyn | CNBC The owner of the Kate Spade and Coach handbag brands on Tuesday reported quarterly earnings that beat Street estimates, but sales missed expectations due to weakness at Kate Spade. Tapestry also gave a fresh outlook for fiscal 2020. The company said
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | The India Today Group | Getty Images Berkshire Hathaway on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett’s inability to
Kevin Plank, CEO of Under Armour. Adam Jeffery | CNBC Under Armour is set to report third-quarter earnings before the market open on Monday. Here’s what analysts are expecting, based on Refinitiv estimates: Earnings per share: 18 cents expected Revenue: $1.41 billion expected Over the weekend, The Wall Street Journal reported that Under Armour was facing
Facebook stock rose in after-hours trading after the company posted third-quarter earnings that exceeded analysts expectations. Here’s are the key numbers for the quarter ended Sept. 30: Earnings: $2.12 vs. $1.91 per share forecast by Refinitiv. Revenue: $17.65 billion vs. $17.37 billion forecast by Refinitiv. Daily active users: 1.62 billion vs. 1.61 billion forecast by