11:00 AM EDT, 05/10/2024 (MT Newswires) -- Walmart's ( WMT ) fiscal Q1 adjusted earnings and US comparable sales are expected to fall short of market estimates while traffic trends are seen remaining strong, BofA Securities said Friday. The retail giant is scheduled to report fiscal Q1 results Thursday. BofA expects adjusted earnings of $0.51 per share and US same-store...

11:02 AM EDT, 05/10/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.) Savers Value Village ( SVV ) shares fell nearly 20% in recent Friday trading, a day after it posted lower-than-expected Q1 adjusted net income and net sales. The company reported Q1 adjusted net income late Thursday of $0.08 per diluted...

May 10 (Reuters) - A U.S. judge dismissed a lawsuit in which Elon Musk's X Corp accused an Israeli data-scraping company of illegally copying and selling content, and selling tools that let others copy and sell content, from the social media platform. U.S. District Judge William Alsup in San Francisco ruled on Thursday that X, formerly Twitter, failed to plausibly...

Victoria’s Secret & Co. (NYSE:VSCO) shares are trading higher after the company reported first-quarter FY24 preliminary results. The company sees first-quarter FY24 adjusted EPS of $0.07 – $0.12, up from prior guidance of $(0.15) – $0.10 vs. estimate of estimate of loss of $(0.03). Victoria’s Secret sees sales growth of (3%)-(4%) vs. better than prior guidance of (4%)-(6%) and adjusted operating income of $35 million – $40 million, higher than...