Ken Klein's four-year reign as chief executive ends as the flash-storage firm continues to struggle since its June 2017 IPO.
The retailer's results were sharply lower than rivals Macy's and Kohl's, and a downbeat full-year profit forecast added to investors' concerns.
The retailer spent heavily in Q4 to convert store traffic into sales but gross margins fell 68 basis points to 33.73%.
Comparable sales rose 1.3% in Q4 as the retailer's renewed emphasis on apparel helped bring in more shoppers and persuaded them to spend more.
The wearables company's new Ionic smartwatch didn't meet its holiday expectations as fitness tracker sales dropped 17%.
The bank had cut the dividend by more than half two years ago but is confident it will "generate excess capital going forward."
In its first breakdown of Sling's numbers, Dish says the streaming service's customer base increased 47% to 2.21 million subscribers last year.
The company cited "operational challenges" in fulfilling orders but the slowdown "reflects a broader challenge at Walmart" as it plays catch-up with…
The beverage giant posted 6% organic revenue growth as a 2% gain in sales of waters and sports drinks helped offset flat carbonated soft drink sales.
“There's no question that our financial performance in 2017 did not reflect our progress or potential,” CEO Bernardo Hees says.