Earnings | Times Square Investment Journal

Dependence on subscriber growth leaves Rent the Runway on narrow path to profits

by Cailley LaPara | Nov 5, 2022

As Rent the Runway wraps up its first year on the stock market, the company is expected to see continued revenue growth as it seeks profitability. Investors will be focused on the company’s active subscriber count for evidence of executives’ assurance of a...

Fox Corp. revenue likely boosted by midterm elections advertising, packed fall sports season

by Lucy Papachristou | Nov 1, 2022

Mass media giant Fox Corp. is poised to see boosts in revenue this quarter, buoyed by record political advertising spending ahead of the U.S. midterm elections and a busy fall sports lineup. Fox is expected to post gains at a time when Wall Street is worried about...

Meta’s Costs Skyrocket as Zuckerberg Pushes Investments In Metaverse, AI

by By David Westenhaver | Oct 31, 2022

By David Westenhaver Facebook parent Meta Platforms Inc. reported skyrocketing expenses Wednesday as costly investments in the metaverse, artificial intelligence, servers, and data centers hurt the company’s bottom line. The social media company reported...

McDonald’s growth remained strong in third quarter as inflation ate into profits

by Cailley LaPara | Oct 31, 2022

McDonald’s Corp. on Thursday posted strong growth in a key sales metric, demonstrating the company’s resilience in a turbulent economy as it dominates competitors. McDonald’s reported global comparable sales rose 10% in the quarter ended September 30, a...

Supply chain Disruptions are Causing a Ruff Few Months For Chewy

by Angela Palumbo | Dec 19, 2021

Angela Palumbo Chewy Inc. (CHWY) is not immune to the issues caused by supply chain disruptions, which have resulted in low stock on some of its most popular products. Along with supply chain issues, labor shortages, inflation and a decline in pet adoptions have all...

Best Buy beats Wall Street expectations in latest earnings report, but performance will depend on its recent acquisitions and member based program

by Francisco Velasquez | Dec 12, 2021

By: Francisco Velasquez Best Buy Co Inc. (BBY) reported better than expected third quarter earnings ahead of the holiday season. The electronic retailer is anticipating strong consumer demand, but is expecting supply chain constraints, delays, increased costs and...