L Brands stock dips on weak profit outlook
L Brands (LB) reported a 29% dip in earnings for the second quarter due to higher costs and expenses. The...
Retail
Alibaba rises on Q1 revenue beat, despite China concerns
E-commerce giant Alibaba Group (BABA) wrapped the June quarter with broad-based revenue growth, sending the company’s stock higher in premarket...
Earnings Preview: The Children’s Place might not get a treat this quarter
The Children’s Place (PLCE) is scheduled to report second quarter earnings on Thursday before the bell. In the first quarter,...
Earnings Preview: Will Alibaba prove its mettle in Q1?
Alibaba (BABA) is scheduled to report its first quarter results for fiscal 2019 on Thursday before the bell. The e-commerce...
Earnings preview: Mixed market sentiment ahead of Foot Locker earnings
Of late, there have been indications that the sportswear industry is on a recovery path after several months of lackluster...
Target Q2 results top estimates amid record traffic growth; stock rallies
A record increase in store traffic pushed up the sales multi-brand retailer Target Corp. (TGT) in the second quarter, resulting...
Lowe’s stock falls on comp sales miss
Lowe’s Companies Inc. (LOW) beat market estimates on sales and EPS for the second quarter of 2018 but comp sales...
Urban Outfitters posts upbeat results in Q2
Urban Outfitters (URBN) reported a 86% jump in earnings for the second quarter driven by higher revenue, lower markdowns at...
Walmart looking to take down Amazon in the e-com space
In its latest assault on Amazon (AMZN), retail giant Walmart (WMT) is breaching into its rival’s forte – ecommerce –...
J.M. Smucker misses Q1 results estimates, lowers outlook
The J.M. Smucker Company (SJM) missed analysts’ expectations on revenue and adjusted EPS numbers for the first quarter of 2019...
TJX Companies Q2 sales beat estimates; stock gains on strong guidance
Off-price apparel retailer TJX Companies (TJX) reported an increase in profit for the second quarter, when a sharp growth in...
Kohl’s Corp lifts outlook as it posts Q2 earnings growth
Kohl’s Corporation (KSS) beat analyst expectations on revenues and profits for the second quarter of 2018 and raised its EPS...
Urban Outfitters earnings preview: fashion to take center stage
Urban Outfitters (URBN) is expected to post second-quarter results on Tuesday after the bell. Analysts are expecting earnings to more...
Will Ellison bring back the mojo at Lowe’s?
Lowe’s Companies (LOW) is set to report its second-quarter results on Wednesday before the market opens. This will be the...
Earnings preview: There’s more to Target Corp. than meets the eye
Target Corp. (TGT) has stayed ahead of its peers in certain aspects of the business so far this year, despite...
Kohl’s earnings preview: comps to drive growth in Q2
Kohl’s Corporation (KSS) is scheduled to report its earnings for the second quarter on Tuesday before the market opens. Analysts...
Walmart-Anthem deal a step forward in redesigning healthcare
After having developed its medical business successfully, Walmart (WMT) is exploring ways to come up with healthcare offerings that would...
Tyson Foods gets buff with $2.2-bn Keystone buyout
Meat manufacturer Tyson Foods Inc. (TSN) has been aggressively expanding its product portfolio in recent months through strategic acquisitions. Continuing...
PepsiCo gobbles up SodaStream for $3.2 billion
PepsiCo (PEP) is planning to buy SodaStream (SODA), a producer of carbonated drink-making machines, for $3.2 billion. The $144-per share...
Best Buy dabbles into healthcare space with GreatCall acquisition
Best Buy (BBY) announced Wednesday that it is acquiring GreatCall for $800 million, which marks its foray into healthcare domain....
Amazon forays into new realms, this time insurance and theatres
Amazon (AMZN) doesn’t like to stay idle. This week, the company announced its plans to enter two completely different sectors...