Brown-Forman cites a competitive landscape and retaliatory tariffs on American whiskey as reasons for an uncertain profit outlook.
The retailer said it expects to earn between 79 and 84 cents per share in the current quarter, below analysts' estimates
With CEO Musk now abandoning the idea of taking Tesla private, some analysts are questioning his credibility.
The current monetary policy addresses both the risk of a slowdown in economic growth and the risk of the economy overheating, Jerome Powell says.
July was the fourth straight month of declines for home sales, the longest such stretch since 2013.
“Our financial outlook is as positive as it has ever been,” says CFO Greg Lewis.
To get organizational buy-in for a cost-reduction effort, target non-staff cuts — and make sure workers know that's what you're doing.
J.C. Penney has moved from "buying to store capacity" to "buying and chasing" into demonstrated sales trends, says CFO Jeffrey Davis.
CEO Jeff Gennette says the retailer's strategic initiatives are starting to gain traction.
The company crushed earnings forecasts and called the Trump administration's tariffs on lumber and appliances "manageable."