The Los Angeles Post
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Today: March 24, 2025
Today: March 24, 2025
Savyata  Mishra

Savyata Mishra

Staff Writer

Latest From Savyata Mishra

Business|Celebrity|Entertainment|Europe|Fashion and Beauty

Donatella Versace steps down as design chief as Prada circles

Donatella Versace is to step down as the main designer for the Versace brand after almost three decades, a move that has fanned talk of a sale of

Donatella Versace steps down as design chief as Prada circles
Business|Economy|Finance|Stock Markets|US

Kohl's shares slump as downbeat annual sales forecast casts shadow on turnaround

Kohl's Corp new CEO warned that a turnaround will take "some time" after the U.S. department store chain forecast a bigger-than-anticipated drop in annual sales, sending

Kohl's shares slump as downbeat annual sales forecast casts shadow on turnaround
Business|Economy|Finance|Stock Markets|US

Kroger forecasts upbeat annual sales, expects some tariff impact

Kroger said on Thursday it expects some impact on its fresh business amid escalating trade wars, even as the U.S. grocer forecast annual sales above Wall Street

Kroger forecasts upbeat annual sales, expects some tariff impact
Business|Economy|Finance|Stock Markets|US

Jack Daniel's maker says Canada pulling US alcohol off shelves 'worse than tariff'

Jack Daniel's maker Brown-Forman's CEO Lawson Whiting said on Wednesday Canadian provinces taking American liquor off store shelves was "worse than a tariff" and a "

Jack Daniel's maker says Canada pulling US alcohol off shelves 'worse than tariff'
Business|Economy|Finance|Stock Markets|US

Best Buy warns of potential price hikes as fresh US tariffs roll in, shares slump

Best Buy warned of the possibility of higher prices for American shoppers as President Donald Trump's new duties came into force on Tuesday, setting the stock for its

Best Buy warns of potential price hikes as fresh US tariffs roll in, shares slump
Business|Economy|US

Kroger ousts long-time CEO after probe into personal conduct

U.S. grocer Kroger said on Monday CEO Rodney McMullen has resigned after a board investigation found that his personal conduct was "inconsistent"

Kroger ousts long-time CEO after probe into personal conduct
Business|Economy|Finance|Stock Markets|US

Lowe's forecasts muted annual profit on uncertain economy, cautious spending

Lowe's Cos joined rival Home Depot in forecasting lackluster annual sales and profit on Wednesday, signaling that a downturn in the home improvement sector would linger

Lowe's forecasts muted annual profit on uncertain economy, cautious spending
Business|Economy|Finance|Stock Markets|US

Home Depot forecasts surprise drop in annual profit as demand wavers

Home Depot forecast a surprise drop in 2025 profit on Tuesday as the company grapples with a weak housing market and high interest rates that are making U.S. consumers

Home Depot forecasts surprise drop in annual profit as demand wavers
Business|Economy|Stock Markets|US

Walmart forecast disappoints, shares fall on consumer spending worries

Walmart on Thursday forecast sales and profit for the current year below Wall Street estimates, citing the need for caution in navigating an

Walmart forecast disappoints, shares fall on consumer spending worries
Business|Economy|Food|Health|Stock Markets|US

McDonald's international markets prop up sales growth even as US lags

McDonald's posted on Monday a surprise increase in its global comparable sales in the fourth quarter, aided by demand for its cheaper items and discounted offerings from

McDonald's international markets prop up sales growth even as US lags
Business|Economy|Fashion and Beauty|Finance|Stock Markets

Tapestry shares soar as demand for Tabby bags drives upbeat forecast

Tapestry on Thursday raised its annual sales and profit forecast, as its pricey Tabby bags remain a big draw among shoppers in North America, Europe and China, sending its

Tapestry shares soar as demand for Tabby bags drives upbeat forecast
Business|Economy|Entertainment|Finance|Stock Markets

Barbie parent Mattel shares surge on strong profit forecast despite tariff worries

Mattel shares climbed as much as 18% in early trading on Wednesday after the Hot Wheels maker provided an upbeat annual profit forecast and hinted at stabilizing toy

Barbie parent Mattel shares surge on strong profit forecast despite tariff worries
Business|Finance|Stock Markets|US

Nike shares jump on leaner inventory, better margins outlook

Nike shares surged about 10% in premarket trading on Friday as the company further trimmed its inventory ahead of the all-important holiday shopping season and forecast

Nike shares jump on leaner inventory, better margins outlook
Business|Finance|Stock Markets

Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential

Most Wall Street brokerages, including J.P.Morgan and Piper Sandler, kicked off coverage on Instacart with a bullish view, betting on the grocery delivery app's growth

Most Wall St brokerages upbeat on Instacart on e-grocery shopping potential
Business|Finance

Toymakers Hasbro, Mattel slump after sounding alarm over holiday spending

Toymaker Hasbro disappointed investors with its results on Thursday, joining Barbie-maker Mattel in warning of a weak holiday season and indicating that consumers are

Toymakers Hasbro, Mattel slump after sounding alarm over holiday spending
Business|Economy|Finance|News|Stock Markets|US

US retailers stuck with excess stock offer bargains as holiday season nears

As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy's could be saddled with too much stock

US retailers stuck with excess stock offer bargains as holiday season nears
Business|Finance|Health|US

Wegovy craze was all the rage on Q3 earnings calls

Weight loss was the talk of this earnings season, making names such as Wegovy, Ozempic and Mounjaro the water-cooler discussion that companies across

Wegovy craze was all the rage on Q3 earnings calls
Business|Fashion and Beauty|US

Nike's powerhouse labels lose footing against upstart brands - analysts

Nike is starting to lose share to upstart sneaker brands such as On and Hoka and will need to invest in fresher styles, analysts said on Friday,

Nike's powerhouse labels lose footing against upstart brands - analysts
Business|Finance|US

Macy's forecasts annual sales below estimates, to shutter 150 stores

Macy's forecast annual sales largely below market expectations on Tuesday on weak demand for its apparel and shoes, and said it would close

Macy's forecasts annual sales below estimates, to shutter 150 stores
Business|Finance|Stock Markets

Macy's surges after investor group sweetens take-private bid to $6.6 billion

Macy's shares jumped 16% before the bell on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the

Macy's surges after investor group sweetens take-private bid to $6.6 billion
Business|Finance

Target's earnings surge despite holiday sales dip, sees sales recovery in 2024

Target on Tuesday reported higher holiday-quarter earnings on a smaller-than-expected sales decline and predicted that annual comparable sales would

Target's earnings surge despite holiday sales dip, sees sales recovery in 2024
Business|Finance|Stock Markets|US

Chipotle jumps on first ever stock-split as shares hover at record high

Shares of Chipotle Mexican Grill were up nearly 6% at $2960 premarket on Wednesday after the burrito chain's board approved a 50-for-1 stock split as the company looks to

Chipotle jumps on first ever stock-split as shares hover at record high
Business|Economy|Finance|Food|MidEast

McDonald's posts rare profit miss as customers turn picky

McDonald's missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers and the Middle East conflict weighed on

McDonald's posts rare profit miss as customers turn picky
Business|Economy|Food

US fast-food chains may have to amp up promotions as more people eat at home

Global fast food giants may have to

US fast-food chains may have to amp up promotions as more people eat at home
Business|Economy|Finance

Home Depot sales drop more than expected as wary customers delay big projects

Home Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious Americans shelled out less for big-ticket items while focusing on small-

Home Depot sales drop more than expected as wary customers delay big projects

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