#quarterlyprofit

  1. CarMax misses quarterly profit estimates on slow used-vehicle demand

    (Reuters) -Used-car retailer CarMax on Thursday posted a lower-than-expected quarterly profit, hurt by weakening demand for preowned vehicles, sending its shares down over 9% in premarket trade. Preowned vehicles' demand, which was strong during the pandemic, has now tapered off f
  2. Kohl's beats profit estimates on cost cuts, leaner inventory

    (Reuters) -Kohl's Corp beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broader retail slowdown. Shares of Kohl's, which fell more than 10% on Tuesday, were up 2% in premarket tradi
  3. Hertz beats profit estimates on strong rental car demand

    (Reuters) - Hertz Global Holdings Inc reported a better-than-expected quarterly profit on Thursday, as the car rental company benefited from a resilient travel boom. The rental services, tied closely to airline traffic and hotel bookings, has seen a robust rebound due to people's