Norwegian Cruise Line Holdings raised its full-year profit forecast on Wednesday, betting on record demand for cruise vacations to destinations like the Caribbean and higher ticket prices.
Johnson Controls beat analysts’ expectations for second-quarter profit on Wednesday, as strong residential construction activity in the U.S. boosted demand for its products such as air conditioning units, heating systems and automation systems.
Walmart said on Tuesday it will close all 51 of its health clinics and shut its virtual health care operations, saying it could not see it as a sustainable business model to continue.
Shares of Advanced Micro Devices and Super Micro Computer sank on Wednesday, sparking a selloff in chip stocks, after their earnings disappointed investors who have piled into the sector on hopes rising AI investments would boost demand.
Pfizer lifted its annual profit forecast, banking on cost cuts, a smaller-than-feared drop in sales for its COVID antiviral treatment and strong demand for pneumonia vaccine, sending its shares up about 2% before the bell on Wednesday.
Canadian food and pharmacy retailer Loblaw Companies topped expectations for first-quarter revenue and profit on Wednesday, aided by sustained consumer demand well as easing prices of grocery items.
Hotel operator Marriott International raised its forecast for annual adjusted profit on Wednesday, banking on international travel demand to offset normalizing domestic travel in the U.S.
Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.
Power equipment maker Generac Holdings reported better-than-expected quarterly results on Wednesday, helped by higher sales of its residential standby generators in North America.
Private equity firm KKR & Co Inc said on Wednesday its first-quarter adjusted net income jumped 20% year-on-year, driven by strong management and transaction fees as well as earnings from its annuities business.
