Quad Cities-based farm and construction equipment maker Deere & Co. says it earned more in the first nine months of its 2021 fiscal year than it did in its full year record for the 2013 financial year. Deere, which released its third quarter results on Friday, said its net profit for the nine months ending […]
Jeff Bezos may have quit the CEO job, but Amazon.com Inc. continues to hum. Amazon today released its first quarterly earnings report since Andy Jassy took over from Bezos as CEO on July 5, and it shows Amazon grew its second quarter net profit by 48.4% through compared to the same period last year, while […]
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Nike’s annual profits are soaring 196% from last year and 42% from 2019. Year-to-date revenue … [+] increased by 19%. (Photo by Stephanie Keith / Getty Images) Getty Images Nike announced its fourth quarter (Q4) and annual performance for the fiscal year ending May 31, 2021 with annual profits up 196% from last year and […]
Discount retailer B&M aims to accelerate expansion after more than doubling profits last year with sales of DIY kits, gardening and housewares booming as its stores remained open throughout the lockdown. Sales at its established UK stores grew 30% in the year to March 27, helping to boost pre-tax profit by 108% to £ 525.4million. […]
The state-backed Saudi oil giant said on Sunday that its 2020 profits had fallen to $ 49 billion (£ 35 billion) as the coronavirus pandemic shook global energy markets. Saudi Arabian Oil Co released its financial results a year after the pandemic dropped the price of oil to record highs as people stopped moving around […]