Earnings
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Business
Nearly half of Levi’s sales are happening online and in its shops, a shift as department stores fade
[ad_1] Levi Strauss, which has long relied on wholesalers like Macy’s and Kohl’s to drive its business, is now doing…
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Pics News
GM U.S. vehicle sales fall 1.5% during the first quarter, underperforming other major automakers
[ad_1] The 2024 Buick Envista. GM DETROIT – General Motors on Tuesday reported a 1.5% decline in first quarter U.S.…
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Health News
Walgreens tops quarterly revenue estimates, but narrows profit outlook in ‘challenging’ economy
[ad_1] A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City,…
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Business
Nike shares slide on lackluster outlook, slowing China sales
[ad_1] Nike‘s China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and…
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Business
Lululemon shares plunge 10% on weak guidance, slowing North America growth
[ad_1] Lululemon on Thursday reported holiday earnings that topped expectations, but the athletic apparel retailer’s guidance came in below estimates…
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Business
Darden posts first same-store sales decline since pandemic, offset by Ruth’s Chris acquisition
[ad_1] A Ruth’s Steak House restaurant on May 03, 2023 in Miami, Florida. Darden Restaurants said Wednesday it is buying…
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Business
Costco misses holiday-quarter revenue expectations despite online growth
[ad_1] Mandel Ngan | Afp | Getty Images Costco on Thursday missed Wall Street’s revenue expectations for its holiday quarter,…
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Business
Abercrombie & Fitch beats holiday estimates as sales soar again, helped by higher prices
[ad_1] Abercrombie & Fitch said Wednesday that its holiday-quarter sales jumped 21% and its profit grew thanks to higher prices…
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Business
Foot Locker shares plunge more than 20% as retailer posts holiday loss, delays key financial target
[ad_1] Shares of Foot Locker fell more than 20% on Wednesday after the sneaker retailer reported a holiday-quarter loss, issued…
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Business
Nordstrom shares fall 10% as retailer warns of potential sales declines in 2024
[ad_1] Shoppers exit the Nordstrom at the Westfield Topanga mall in Los Angeles on Aug. 14, 2023. Christina House |…
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