E.l.f. Beauty’s profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to affect the cosmetic company’s bottom line. In the three months that ended on June 30, E.l.f.’s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of…
A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California. Mario Tama | Getty Images Disney reports its fiscal third-quarter earnings before the bell on Wednesday, and Wall Street will be looking for updates on the state of its streaming, TV and movies businesses, as well as its theme parks….
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit — those from the company’s wholly owned businesses including insurance…
Ford Motor reported second-quarter revenue that beat expectations Wednesday, and reinstated its full-year guidance, which includes an estimated net $2 billion hit from tariffs. The automaker suspended its full-year guidance in May due to President Donald Trump’s auto tariffs. At that time, Ford predicted a $2.5 billion impact from tariffs this year but said it…
Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy. CEO Brian Niccol said in a statement that the company’s comeback is ahead of schedule, based on his past experience, which includes turning around Chipotle Mexican Grill after a series of food-safety scandals. “While our financial…
A Chipotle restaurant in San Francisco on Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single digit percentage increase. Chipotle…
New GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC in Richmond, California, on July 2, 2024. Justin Sullivan | Getty Images General Motors is set to report second-quarter earnings before the bell Tuesday, as investors watch for how President Donald Trump‘s auto tariffs will affect the automaker’s results and for any…
Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025. The company updated its full-year revenue forecast, noting that it expects revenue to be between $44.8 billion and $45.2 billion, up from a range of $43.5 billion to $44.5 billion. Netflix’s higher forecasts reflects the weakening of the U.S….
A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images United Airlines‘ second-quarter earnings beat estimates and its CEO said travel demand is picking up after a rocky start to 2025. Travel demand, particularly from more price-sensitive customers for domestic…
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America is scheduled to report second-quarter earnings before…
