Best Buy jumps 13% as cost-cutting preserves profits despite sluggish sales
Best Buy on Thursday missed Wall Street’s quarterly sales expectations but stressed higher profits and lower costs as softer demand
Read More
Breaking News: Earnings
Foot Locker’s turnaround is showing signs of life, CEO sees consumers willing to pay full
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal
Read More
American Eagle profit soars, but sales grow slower than expected
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and
Read More
Lululemon shares pop 10% despite lackluster earnings report and guidance
Lululemon’s growth in the Americas, its largest market, appears to be stalling after the retailer on Wednesday reported flat comparable
Read More
Dick’s Sporting Goods stock surges 16%, as retailer says shoppers are spending more on
A shopping cart sits in front of a Dick’s Sporting Goods store on August 26, 2020 in Daly City, California.Â
Read More
Abercrombie & Fitch shares surge 24% as retailer’s torrid growth shows no signs of slowing
Abercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning streak that again exceeded
Read More
E.l.f. Beauty shares soar 19% after retailer indicates its torrid growth may not be over
E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer is expecting its
Read More
Lowe’s beats on earnings and revenue, even as consumers spend less on DIY projects
An exterior view of a Lowe’s home improvement store at the Buckhorn Plaza shopping center. Paul Weaver | Lightrocket |
Read More
Target shares slide as consumers buy fewer groceries and home goods
A customer shops at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle | Getty Images Target
Read More
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland,
Read More