Shares of United Parcel Service Inc. (UPS) dropped 5% toward a three-year low in premarket trading Thursday. This follows the package delivery giant's report of third-quarter profit expectations that were higher than anticipated. However, the company missed on revenue and subsequently cut its full-year outlook. These disappointing results are attributed to a slowing economy and … [Read more...] about United Parcel Service Inc. Shares Drop Amid Revenue Miss
revenue miss
Yeti Holdings Reports Mixed Results for Q2 2023
Shares of Yeti Holdings Inc. (YETI) witnessed a 1.9% increase in premarket trading on Thursday, following the release of the company's second-quarter financial results. Yeti, known for its high-quality drinkware, coolers, and outdoor products, reported a slight miss on revenue expectations while surpassing profit estimates. As a result, the company has raised its full-year … [Read more...] about Yeti Holdings Reports Mixed Results for Q2 2023
