Best Buy reports modest sales recovery, but says tariffs are complicating its turnaround
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak
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Retail industry
Macy’s shares jump 20% as retailer tops earnings estimates, raises outlook
Macy’s posted fiscal second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends.
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Dick’s Sporting Goods raises guidance after second-quarter earnings beat
A Dick’s Sporting Goods store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Dick’s Sporting
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Walmart-backed fintech OnePay is adding wireless plans to its everything app
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with
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Affirm’s stock soars 15% on earnings, revenue beat
Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected
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Holiday spending, especially by Gen Z, is expected to drop this year, survey says
Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024.Â
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McDonald’s to expand value menu as CEO says the chain aims to reach more customers
McDonald’s Meal Deal photographed in Washington, D.C., on Aug. 26, 2024. Scott Suchman | The Washington Post | Getty Images
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Kohl’s shares jump 24% after big earnings beat
Kohl’s shares climbed 24% on Wednesday after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations, even as
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Gap stock falls as retailer misses sales expectations, warns tariffs will impact profits
Gap stock fell in extended trading on Thursday after the company warned tariffs will impact its profits moving forward. When
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Abercrombie sales growth slows again, but retailer hikes revenue outlook as Hollister surges
Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the
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