Target issues weak forecast as shoppers pull back; shares tumble
U.S. retailer Target on Wednesday reported quarterly earnings that missed Wall Street estimates and its forecast for the current quarter also
June 07, 2024U.S. retailer Target on Wednesday reported quarterly earnings that missed Wall Street estimates and its forecast for the current quarter also
June 07, 2024Nvidia overshot Wall Street estimates as its quarterly profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom
May 22, 2024Elf Beauty projected annual sales and profit below Wall Street expectations on Wednesday, in a sign that sticky inflation has left little room for Americans to spend on
June 07, 2024Supermarket group Ahold Delhaize expects to grow underlying earnings and boost savings over the 2025-2028 period, it said on Thursday, helped by higher
June 08, 2024Ralph Lauren on Thursday forecast annual revenue growth below market expectations despite beating quarterly results, as it grapples with subdued demand in the United
June 08, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Yet another quarterly earnings beat from AI-chip behemoth Nvidia catapulted Wall St stock futures higher again on Thursday - batting
June 07, 2024Ross Stores on Thursday posted first-quarter results above Wall Street estimates and raised its annual profit forecast, as shoppers pivot to off-price retailers prompted by sticky
June 09, 2024Japanese electric motor manufacturer Nidec Corp revised down two years of operating profit by about $67 million on Friday after determining that some sales were "recorded in an
June 10, 2024Results from U.S. mall-based apparel chains this week will give a clearer picture of whether Americans are splurging on clothes and accessories
June 12, 2024American Eagle Outfitters on Wednesday missed Wall Street estimates for quarterly revenue as sticky inflation hurt demand for its apparel and accessories often sold at
June 14, 2024Birkenstock raised its annual revenue and core profit forecasts on Thursday, betting on full-price selling and strong demand for its cork-based sandals and newer
June 14, 2024Belgian car distributor D'Ieteren on Wednesday reported 3.06 billion euros ($3.30 billion) in first-quarter sales and flagged lower volumes for its
June 14, 2024The earnings results from Best Buy and Kohl’s, announced Thursday, offer the latest evidence of consumers’ cautious spending amid a challenging economic environment
May 30, 2024Dollar General warned on Thursday that customers would remain price sensitive throughout the year, hurting demand for its more profitable discretionary items, at a time
June 14, 2024Department store chain Kohl's cut its annual sales and profit forecasts after posting a surprise quarterly loss on weaker consumer demand for its apparel and footwear
June 14, 2024Best Buy said on Thursday it expected sales in its key computing category to improve this year on renewed demand after its quarterly profit beat Wall Street estimates,
June 14, 2024Dell forecast current-quarter profit below market estimates on Thursday, and signaled that higher costs to build servers that meet heavy AI workloads would dent annual
June 17, 2024Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old Navy and Gap brands as Americans snap up its
June 17, 2024Costco Wholesale beat third-quarter revenue expectations on Thursday, as cash-strapped consumers flocked to its warehouses to grab low-priced discretionary items and
June 17, 2024Nordstrom on Thursday warned of an uncertain economy and said consumers were resilient but selective, after the department store owner merely maintained its annual
June 16, 2024Ulta Beauty topped market expectations for first-quarter profit on Thursday, helped by steady demand for skincare and makeup as well as easing input costs.
June 16, 2024Bath & Body Works forecast full-year profit largely below market estimates on Tuesday and said it expects annual sales to drop, signaling demand for its scented candles and body care
June 20, 2024Campbell Soup on Wednesday beat quarterly estimates and raised its forecast for annual net sales growth, banking on a recovery in demand for its soups and frozen meals
June 21, 2024Hewlett Packard Enterprise rose more than 12% on Wednesday after the company forecast third-quarter revenue above Wall Street estimates, helped by growing demand for its AI-optimized
June 21, 2024Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations on Wednesday, as price hikes on its premium whiskey and tequila helped offset waning demand, sending the company's
June 21, 2024