Smith & Wesson Brands Faces Profit Decline Despite Increased Sales
Shares of Smith & Wesson Brands experienced a decline in post-market trading on Thursday, following a decrease in profit despite a rise in sales. The stock dropped 7% to $12.90…
DFS Furniture Reports Sharp Fall in Profit for Fiscal 2023
#DFS Furniture Reports Sharp Fall in Profit for Fiscal 2023 DFS Furniture, a leading U.K. retailer, has reported a significant decline in pretax profit for the fiscal year 2023. The…
Fortescue Metals Group Reports Profit Decline and CEO Departure
Fortescue Metals Group announced on Monday that its metals business CEO, Fiona Hick, has stepped down after just six months in the role. This unexpected departure comes as the company…
Gilead Sciences Reports 2Q Profit Decline Due to Legal Settlement and Operating Costs
Introduction Gilead Sciences, a biopharmaceutical company based in Foster City, California, has reported a drop in second-quarter profit. This decline can be attributed to a settlement in HIV antitrust litigation…
Equifax Forecasts Revenue and Profit Decline
Equifax, the credit reporting agency, has revised its revenue and profit outlook for the year as a result of the current state of the U.S. mortgage market. This development has…