Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of Nike plunged on Thursday after […]
Levi's shares drop 12% as jeans maker's sales disappoint despite denim craze
Denim is having a moment with consumers, but it hasn’t led to a major sales boost at Levi Strauss. The jeans creator on Wednesday posted fiscal second-quarter revenue that fell […]
FedEx shares jump after hours as massive cost-cutting measures kick in
A pedestrian walks by a parked FedEx delivery truck on March 21, 2024 in San Francisco, California. Justin Sullivan | Getty Images FedEx shares soared more than 15% after hours […]
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of […]
Lululemon shares pop 10% despite lackluster earnings report and guidance
Lululemon‘s growth in the Americas, its largest market, appears to be stalling after the retailer on Wednesday reported flat comparable sales in the region and weak guidance for the current […]
Gap shares pop 20% as earnings beat on sales growth at all four brands
A Gap store in New York, US, on Monday, May 27, 2024. Gap Inc. is scheduled to release earnings figures on May 30. Bloomberg | Bloomberg | Getty Images Gap […]
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 | Bloomberg | Getty Images Nordstrom on Thursday fell short of […]
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 for consumer electronics continues. Shares of the retailer gained 13% […]
Foot Locker stock surges 13% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop off that […]
Target will report earnings before the bell. Here's what to expect
A customer shops at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle | Getty Images Target will report its fiscal first-quarter earnings on Wednesday, just days […]