The company is now expecting revenue growth to slow by a “mid-to-high single-digit percentage” in the fourth quarter after a 33.5% gain in Q3.
The company's new CEO says an overhaul of the struggling power business is among his immediate priorities.
The robotic vacuum maker does not plan to raise prices to offset the tariffs even as it increases marketing spend for the holidays.
The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.
"While it is still early, our [Venmo] monetization efforts appear to be reaching a tipping point," PayPal CEO Dan Schulman says.
Cloud subscriptions and support revenue rose 39% in Q3 but SAP is experiencing some customer resistance to its shift to the cloud.
The streaming giant's strong Q3 “serves as a comeback after it failed to meet its own performance predictions in Q2."
The company's Q3 earnings beat estimates but "it remains too early to call for a broad recovery" in the medical-device and consumer businesses.
The bank's third-quarter results "reflect the transformational changes we've been making at Wells Fargo," CEO Tim Sloan says.
The warning related to IT systems that "support the company’s financial reporting processes" drove Costco's stock down 2.4%.