By Ben GlickmanSnap's revenue rose 5% in the fourth quarter but missed analysts' estimates. The company's adjusted profit and sales in the fourth quarter topped analysts' estimates. Sonos's fiscal first-quarter profit rose and topped analysts' estimates, despite revenue falling in the period. The company backed its previous outlook for fiscal 2024 sales to be down 3% to up 3%. The Container Store Group reduced its outlook for fiscal 2024 sales and comparable store sales after the company's top-line results fell sharply in the fiscal third quarter.
Source: Wall Street Journal February 07, 2024 06:10 UTC