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Q2 2024 earnings
Business, Fuel

Exxon Mobil Profit Tops Q3 Expectations

Exxon station

Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition.

Michelle Chapman | Associated Press
November 1, 2024
Business, Private

Walmart Boosts Outlook for 2024

Walmart store

NEW YORK — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions.

Anne D’Innocenzio | Associated Press
August 15, 2024
Business, Technology, Equipment, Fuel

Westport Posts Slight Revenue Decline Amid Restructuring

Westport HPDI truck

The Vancouver, British Columbia-based fuel system component manufacturer posted net income of $5.8 million, or 33 cents per diluted share, for the three months ending June 30.

Connor D. Wolf | Staff Reporter
August 14, 2024
Business, Private

Cargill Revenue Down as Trader Struggles With Profit Targets

A Cargill meat plant in Canada

Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.

Tarso Veloso | Bloomberg News
August 13, 2024
Business, Private

Home Depot Trims Outlook for 2024

Home Depot

Home Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.

Michelle Chapman | Associated Press
August 13, 2024
Business, Equipment

Bridgestone Reports Earnings Loss on Revenue Gain

Bridgestone display

Bridgestone Corp. experienced an increase in revenue but a decline in earnings during the second quarter of 2024, the company reported Aug. 9.

Connor D. Wolf | Staff Reporter
August 12, 2024
Business, Technology, Equipment, Fuel

Nikola Reports Q2 Shortfall but FCEV Sales Grow

Nikola Tre

Nikola Corp. reported a 103% revenue increase but wider losses in the second quarter as electric vehicle sales gained momentum, the company announced Aug. 9.

Connor D. Wolf | Staff Reporter
August 9, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Posts Q2 Loss, but Revenue Soars on Acquisition

Forward Air tractor-trailer

Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.

Connor D. Wolf | Staff Reporter
August 8, 2024
Business, Private

Fertilizer Giant Nutrien Names New CFO Amid Industry Swoon

Plant sample at Nutrien facility

Nutrien Ltd. named a new chief financial officer amid an industry downturn that has eroded the fertilizer giant’s profits.

Kim Chipman | Bloomberg News
August 7, 2024
Business, Logistics, Top 100

RXO Faces Revenue Decline, Net Loss in Q2

RXO brokerage office

The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $7 million, or 6 cents a diluted share.

Connor D. Wolf | Staff Reporter
August 7, 2024

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