Abercrombie & Fitch Q4 2017 earnings snapshot
Upscale casual wear retailer Abercrombie & Fitch Co. today reported a 52% jump in its earnings, driven by a double-digit...
Earnings
Did Target meet its target?
Much has been written and said about the current state of the retail industry so instead of dwelling on that...
Urban Outfitters Q4 2018 earnings results
Urban Outfitters Inc. (URBN), which owns brands like Anthropologie and Free People, got hit by the recently introduced tax law...
Autodesk, Inc. Q4 2018 earnings snapshot
Software and services company Autodesk (ADSK) reported a 15.6% increase in revenue for fourth quarter 2018, driven by ARR growth...
Nordstrom turns down buyout bid from founding family
It’s no secret that the Nordstrom family has been trying to take the company private for quite a while now....
Cars.com Q4 2017 earnings snapshot
Online auto portal Cars.com (CARS) reported fourth quarter results. Revenue slipped 3% to $156.6 million due to reduction in ad...
Target Corporation Q4 2017 earnings results
Discount store Target Corp. reported a double-digit increase in sales and earnings for its holiday quarter, thanks to the new...
Google sells restaurant recco app Zagat
More than seven years after it was incorporated into the Google family, restaurant review service Zagat is changing hands once...
Nautilus Q4 2017 earnings snapshot
Fitness equipment maker Nautilus (NLS) announced its fourth quarter 2017 results. Sales came in at $127.8 million, which inched up...
Qualcomm-Broadcom battle under CFIUS scrutiny
Qualcomm (QCOM) – Broadcom (AVGO) battle has off late witnessed some tense and nail-biting moments. The latest twist in this...
Microchip joins the consolidation party of chipmakers
We had earlier reported that consolidation in the semiconductor industry appears to be the order of the day. Thanks to...
Facebook to step into music streaming market
During the past few years, the online music industry has been gaining momentum and this can be largely attributed to...
Guess who is a Google Cloud customer – Apple!
Yes, you heard that right! Apple is indeed a Google Cloud customer. Many would recall that, back in 2016, there...
Verizon, Straight Path pay massive FCC fine
Verizon and Straight Path Communications paid a $614.3 million fine to the Federal Communications Commission (FCC). The FCC had accused...
Foot Locker Q4 2017 earnings snapshot
Athletic footwear and apparel retailer Foot Locker (FL) reported a loss of $49 million in the fourth quarter. The company’s...
J. C. Penney Company, Inc. Q4 2017 earnings snapshot
J. C. Penney today reported earnings for its holiday quarter, reflecting marginal gains in sales, impacted by lower promotional activity...
Old Navy keeps Gap Inc. afloat
Gap Inc. reported an 8% increase in total sales for its fourth quarter of 2017 while its same-store sales beat...
American Outdoor Brands Corp. Q3 2018 earnings snapshot
Firearms manufacturer American Outdoor Brands (AOBC) reported a plunge in top and bottom line results for the third quarter of...
Gap Inc. Q4 2017 earnings results
Gap’s sales increased 9% to $4.8 billion in the quarter with US contributing 80% to sales, helped by strong holiday...
Best Buy plans to shut US mobile stores despite strong overall results
Consumer electronics retailer Best Buy Co. Inc., announced its plan to close all its mobile standalone stores in the U.S....
Kohl’s Corporation Q4 2017 earnings results
Kohl’s (KSS) reported its fourth quarter results today. Revenue improved 9.2% to $6.78 billion, and profits came in at $468...