Oracle, Deere, Dell, and more: Earnings news roundup
Oracle Corporation (ORCL) reports earnings
Oracle Corporation (ORCL) has filed its 10-Q filing for the quarterly period ended November 30, 2024.
The filing reports total revenues of $14.1 billion for the quarter, an increase from $12.9 billion in the same quarter the previous year. This growth was driven by a rise in cloud and license revenues, which increased to $12.0 billion from $10.8 billion.
Deere & Company (DE) reports earnings
Deere & Company (DE) has submitted its Form 10-K filing for the fiscal year ended October 27, 2024.
The filing reports net sales of $44.8 billion, a decrease from $55.6 billion in 2023, attributed to declining market conditions affecting sales volumes.
Dell Technologies Inc. Class C (DELL) reports earnings
Dell Technologies Inc. Class C (DELL) has submitted its 10-Q filing for the quarterly period ended November 1, 2024.
The filing reports total net revenue of $24.4 billion for the quarter, a 10% increase from the $22.3 billion reported in the same quarter of the previous year. This growth was primarily driven by a 34% increase in the Infrastructure Solutions Group’s revenue, which totaled $11.4 billion.
Ross Stores Inc. (ROST) reports earnings
Ross Stores Inc. (ROST) has submitted its Form 10-Q filing for the quarterly period ended November 2, 2024.
The filing reports sales of $5.071 billion for the three months ended November 2, 2024, a 3.0% increase from $4.925 billion in the same period the previous year. This growth is attributed to the opening of 80 net new stores and a 1% increase in comparable store sales.
Ferguson Enterprises Inc. (FERG) reports earnings
Ferguson Enterprises Inc. (FERG) has submitted its 10-Q filing for the quarterly period ended October 31, 2024.
The filing reports net sales of $7.772 billion for the quarter, a slight increase from $7.708 billion in the same period the previous year. The increase is attributed to higher sales volume and acquisitions, partially offset by price deflation in some commodity categories.