Hibbett Sports likely to post weak Q3 earnings
Sporting goods store Hibbett Sports (HIBB) is slated to release its third-quarter earnings on Tuesday before the bell. Analysts have...
Retail
Trouble in Toyland could mean trouble for retailers
The retail industry is counting on the holiday season to boost their sales and rake in profits. Toys are a...
GameStop (NYSE: GME) to divest its Spring Mobile unit for $700 million
GameStop (GME) to sell its Spring Mobile division for $700 million to the Sugar Land, Texas-based Prime Communications. Spring Mobile...
Retail sector may be heading to a dry holiday season
The run-up to the holiday season has never been so disappointing for the retail industry, with lackluster financial performance and...
SoftBank to invest $2 billion in online retailer Coupang
SoftBank Group Corp. is planning to invest $2 billion through its Vision Fund in South Korean online retailer Coupang. This...
IKEA Group to cut 7,500 jobs
IKEA Group looks to cut 7,500 jobs in the next couple of years, according to the company. The furniture giant...
3 stock market trends for the Black Friday week
As we speak, another Black Friday is here. Retailers are apparently busy with their eleventh-hour dash to make sure they...
Gap Inc (NYSE: GPS) falls despite exceeding Q3 estimates
Gap Inc. (NYSE: GPS) reported its third quarter results, in which earnings slightly exceeded consensus views. Q3 revenue also surpassed...
Foot Locker (NYSE:FL) surpasses Q3 estimates, stock rallies
Foot Locker (FL) stock surges more than 10% in the after-market hours as its third quarter earnings and sales exceeded analysts’...
Hormel’s stock dips after Q4 revenue misses estimates
Hormel Foods Corporation (HRL) reported better-than-expected earnings for the fourth quarter of 2018 but revenue came short of estimates. Shares...
TJX Companies stock declines on weak Q3 results, guidance
TJX Companies (TJX) reported a 19% jump in earnings for the third quarter as a sharp growth in customer traffic...
Lowe’s shares tank almost 7% despite Q3 results beat
Lowe’s Companies Inc. (LOW) topped market estimates on revenue and earnings for the third quarter of 2018. Despite the beat,...
Ross Stores stock falls on holiday season worries despite upbeat Q3 results
Off-price retail apparel operator Ross Stores (ROST) reported a 23% jump in earnings for the third quarter helped by higher...
Barnes & Noble trims loss in Q2
Barnes & Noble (BKS) trimmed down its loss in the second quarter of 2019 with a year-over-year drop in sales. The...
Campbell Soup’s stock climbs after Q1 results beat estimates
Campbell Soup Company’s (CPB) shares gained over 3.8% in premarket trade after the company reported better-than-expected revenue and earnings for...
Kohl’s Q3 results beat estimates; stock falls on weak guidance
Shares of Kohl’s Corp. (KSS) fell sharply early Tuesday after the department store chain released disappointing guidance for the holiday...
Best Buy posts upbeat Q3 earnings ahead of Black Friday
The consumer electronics retailer posted third-quarter earnings before the opening bell on Tuesday, Nov. 20, beating market estimates. GAAP earnings...
Target shares plunge 7% after Q3 earnings miss
Target Corp (TGT) stock plunged 7% after missing earnings estimate in the third quarter. Net income rose 20% to $1.09...
Q3 Earnings Preview: It’s a cherish or perish scenario for Foot Locker
Foot Locker (FL) will be issuing its third quarter earnings press release after the US markets close on Tuesday, November...
Intuit posts better-than-expected Q1 results
Payroll solutions provider Intuit Inc. (INTU) swung to a profit in the first quarter from a loss last year helped...
Urban Outfitters Q3 results beat amidst strong comp sales; stock spikes
Specialty retailer Urban Outfitters (URBN) Monday said its earnings increased sharply in the third quarter, helped by broad-based comparable sales...