Heartland Express Reports Earnings Gains on Revenue Loss
Heartland Express Inc. reported fourth-quarter earnings increased 15.1% and a decline in revenue.
Home Depot Sales Gain Shows Americans Keep Fixing Up Houses
Home Depot Inc. posted stronger-than-expected results in the third quarter, a sign that increased North American spending on home improvement continues to stretch through the pandemic.
Walmart Boosts Outlook as Sales Rise Despite Inflation
Walmart Inc. surpassed Wall Street’s expectations and lifted its outlook again, signaling that the retail giant is weathering global supply chain snarls and rising inflation.
XPO Reports Record Revenue, but Issues in LTL for Q3
XPO Logistics Inc. reported the highest revenue in its history Nov. 2, but noted some challenges with less-than-truckload performance for the third quarter.
GM Beats Estimates, Sees 2021 Profit at ‘High End’ of Guidance
General Motors Co. beat analysts’ consensus estimate for the latest quarter thanks to strong performance from its financial unit and a one-time gain, and said full-year results would come in at the “high end” of its previous guidance.
Tesla Hits Record Profit Despite Parts Shortage
DETROIT — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
FedEx Revenue Rises, but Higher Labor Costs Affect Bottom Line
FedEx Corp. reported an increase in revenue for its fiscal first quarter, but said rising costs affected bottom-line results for the period.
Home Depot Sales Climb, but Remodeling Frenzy May Be Cooling
Home Depot’s sales continue to surge, though same-store sales appeared to come back to earth after a year in which the home improvement chain outperformed expectations repeatedly.
Eaton Profits, Revenue Soar in Q2
Eaton Corp. reported second-quarter net income and revenue surged while segments margins set a record for the quarter.
Americold Swings to Q2 Loss
Refrigerated warehouse operator Americold Realty Trust saw revenue rise in the second quarter but swung to a loss for the period because of disruptions in the global food supply chain.