PepsiCo cuts earnings forecast as it predicts ‘uncertainty’ in tariffs, consumer spending
PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America. The food and
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Retail industry
Target CEO Cornell meets with Sharpton to discuss DEI rollback as civil rights leader
People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States. Mostafa Bassim
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Chinese tea chain Chagee climbs 15% in stock market debut
People shopping at a Chagee store in Shanghai, China, on Oct. 18, 2023. Costfoto | Nurphoto | Getty Images Shares
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Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable
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Nordstrom misses Wall Street’s earnings expectations as off-price chain Rack lifts sales
A Citi Bike docking station outside the Nordstrom flagship store in New York on Feb. 21, 2024. Bing Guan |
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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
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Kohl’s stock plummets more than 20% after massive earnings miss
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted
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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
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Best Buy surges on signs that the expected AI-driven PC and smartphone refresh is starting
Shares of Best Buy were popping Thursday as management made their case that an artificial intelligence upgrade cycle for personal
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Foot Locker leaves our penalty box as CEO Mary Dillon’s revamp plan turns corner
Foot Locker surged Thursday after its quarterly earnings report showed signs that CEO Mary Dillon’s turnaround plan is starting to
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