KB Home said fiscal quarter revenues rose 23% to $1.49 billion and earnings increased 38% to $134.3 million and earnings per share rose 44% to $1.47. The home builder delivered 2,868 new homes, an increase of 22% but said labor shortage and supply chain issues intensified in the quarter.
KBH
KBH
Nike said February quarter sales rose 5% to $10.87 billion from a year ago and earnings edged lower to $1.4 billion from $1.45 billion in the previous quarter. Earnings per share fell to 87 cents from 90 cents. The athletic goods maker has increasingly shifted from wholesale to selling direct.
NKE
NKE
FedEx said revenues in fiscal third-quarter ending on Feb 28 gained 10% to $23.6 billion from $21.5 billion a year ago. Net income in the period rose to $1.1 billion or $4.20 a share from $892 million or $3.30 a share. The additional fuel surcharge helped to offset reduced customer demand, higher wages, and staff sickouts.
FDX
FDX
Barrick Gold fourth-quarter net loss widened to $1.2 billion. Diebold Nixdorf net loss widened to $124 million. FLIR Systems fourth-quarter net swung to a loss of $99 million. Teva Pharmaceutical fourth-quarter net loss narrowed to $2.9 billion.
Berkeley lifted fiscal profit outlook. Fresenius issued a profit warning. Carl Zeiss Meditec profit declined 7% but revenues surged 8%. Fresenius Medical Care forecasted solid revenue growth in fiscal 2018.
Broadcom fourth-quarter net more than doubled to $1.1 billion. Lululemon third-quarter net jumped 60% to $94 million. Vail Resorts first-quarter net loss widened to $108 million. Ulta Beauty third-quarter net soared 25% to $131 million. United Natural Foods first-quarter net swung to a loss of $19 million.