Early Earnings Round-up: GM, Estee Lauder, Wet Seal…
- Everett Digital
- General Motors Co. Thursday said its net income more than tripled in the first quarter due to stronger sales and sales of assets, including its stake in former auto-parts arm Delphi Automotive.
- Estee Lauder Cos.’ fiscal third-quarter earnings more than doubled, beating its own guidance, as the company benefited from a weaker U.S. dollar amid strong sales growth.
- Wet Seal Inc. raised its first-quarter earnings and revenue views as the the teen-focused retailer reported that April same-store sales jumped 18% amid a later Easter holiday season this year.
- CVS Caremark Corp.’s first-quarter earnings fell 7.5% as the second-largest pharmacy chain in the U.S. reported weaker margins and higher operating expenses, though the results beat analysts’
- expectations.
- Plains Exploration & Production Co.’s first-quarter earnings rose 21%, with adjusted results
…
Sign-Up for the Wall Street Sector Selector Free Newsletter!
Related Posts
