The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.

Walmart reported an increase of 4.6% in comparable sales for the latest quarter – those coming from established stores and online channels.

Walmart's Q2 earnings missed Wall Street profit forecasts with adjusted EPS of $0.68, but sales surged to $177.4bn as e-commerce, memberships, and advertising drove growth.

ESTEE Lauder said on Wednesday it would cut inventory and promotions to help mitigate rising costs, after the luxury cosmetic maker warned that a $100-million hit from tariffs would weigh on its ...

S hares of some of the biggest names leading the artificial intelligence boom, including Palantir TechnologiesPLTR, NvidiaNVDA and MicrosoftMSFT, have backed off from their heated ...

Intuit Inc. (NASDAQ:INTU) will release earnings results for the fourth quarter after the closing bell on Thursday, Aug. 21. Analysts expect the Mountain View, California-based company to report ...

Walmart is reporting higher profits and sales as it pulls in shoppers seeking low prices for groceries and other essentials ...

FPF offers a high 8.7% yield and global diversification, but inconsistent earnings and dividend coverage raise sustainability concerns. The fund's aggressive leverage and large allocation to ...

Private school group Curro has seen a slight drop in learners, with the JSE-listed company expecting to see a large drop in earnings following a R74 million impairment.

Tax Loss Carryforward -- Approximately $60 million in tax loss carryforward.