Revenue of $4.8 billion declined 1.1% year-over-year, or declined 1.2% in constant currency1, which was above the high-end of our guidance range.
Operating margin of 14.6%, flat year-over-year, and.
Shares of packaged foods company Kellanova (NYSE:K) jumped 8.2% in the morning session after the company reported first-quarter results, which blew past analysts' organic revenue growth expectations. Its EPS also outperformed Wall Street's estimates. The topline endured headwinds driven by FX volatility as well as the divestiture of its business in Russia. On the other hand, its gross margin missed analysts' expectations, and its operating margin missed Wall Street's estimates. Zooming out, we t
Global Industrial Company Reports First Quarter 2024 Financial Results tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
Shares of beauty products company Estée Lauder (NYSE:EL) fell 11.3% in the morning session after the company reported first quarter results, with its revenue and earnings forecast for the next quarter falling below analysts' expectations. Full-year earnings guidance also missed Wall Street's estimates.