PVH Corp. offered a weak annual outlook, citing elevated macroeconomic uncertainty in Europe. Tesla said production and deliveries of electric vehicles declined in the first quarter. General Electric completes its three-way split, and its energy unit starts trading as a separate company on Tuesday.
GE TSLA CI PVH HUM UNH
GE TSLA CI PVH HUM UNH
The upscale furniture retailer RH guided an improving demand trend but offered a cautious view on revenue growth. MillerKnoll offered a cautious revenue outlook for the current quarter, citing near-term tepid economic conditions. Verint Systems estimated a mid-single-digit increase in annual revenue.
RH CXM VRNT
RH CXM VRNT
Oracle reported total revenue rose 7% in the fiscal third quarter, driven by a 25% increase in cloud software and a 49% surge in cloud infrastructure revenue. Southwest said it plans to reevaluate its 2024 financial projects in light of persistent aircraft delivery delays from its sole supplier, Boeing.
LUV KSS ONON ORCL
LUV KSS ONON ORCL