Retail industry

Earnings

Lululemon shares tumble 20% as it cuts full-year earnings guidance, citing ‘dynamic

Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.”

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Business

Nike says tariffs will cost it $1 billion before price increases, supply chain shifts

Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest

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Economy

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Mathisworks | Digitalvision Vectors | Getty Images While the government cost-cutting initiative known as the Department of Government Efficiency, which

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Earnings

Costco tops earnings and revenue estimates as sales jump 8%, shares still dip

The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin

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Business

Back-to-school spending persists despite economic pressure, consumer survey says

A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the

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Earnings

Here’s what impressed us most about Costco’s earnings beat in a tariff-filled world

Costco on Thursday returned to its old ways of delivering earnings beats. Despite concerns about a tariff-driven hit to margins,

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Earnings

Gap shares plummet as retailer says tariffs could cost between $100 million and $150 million

People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | Reuters New

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Earnings

American Eagle issues downbeat quarterly guidance as earnings miss expectations

American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer

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Earnings

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California. 

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