Walmart Beats Q4 Expectations, Remains Cautious on Guidance
NEW YORK — Walmart on Feb. 21 reported strong sales during the holiday season as budget-conscious consumers looking for better deals on groceries and other items flocked to its stores.
Daseke Reports Q4 Revenue Growth, Earnings Decline
Daseke Inc. experienced an increase in revenue but a decline in earnings year-over-year during the fourth quarter of 2022, the company reported Feb. 6.
Amazon Revenue Beats Q4 Estimates, Profits Slump
NEW YORK — Amazon on Feb. 2 reported worse-than-expected profits, but its revenue beat expectations, boosted by sales in North America businesses and the cloud-computing unit AWS.
ODFL Reports Record-Setting 2022; CEO Transition Plan Announced
Old Dominion Freight Line capped a record-setting year with revenue and earnings increases in the fourth quarter of 2022, the company reported Feb. 1, one day after revealing its leadership transition plan.
February 2, 2023UPS Beats Q4 Expectations; Leadership Optimistic About Labor Negotiations
UPS Inc. announced it beat expectations for fourth-quarter adjusted profit, as it prioritized shipments of high-margin packages.
GM Sales Rebound, Quarterly Profits Up 16%
DETROIT — Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago.
Knight-Swift Reports Lower Q4 Results
Knight-Swift Transportation Holdings Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Jan. 26.
Tesla Profits Beat Estimates
Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.
J.B. Hunt Reports Mixed Financials in Q4
J.B. Hunt Transport Services on Jan. 18 reported lower net income and higher revenue for the fourth quarter of 2022.
U.S. Xpress Reports Revenue Gain, Earnings Loss in Q3
U.S. Xpress Enterprises reported revenue growth, but earnings were dragged down for the third quarter because of segment results, the company reported Nov. 3.