The run-up to the holiday season has never been so disappointing for the retail industry, with lackluster financial performance and weak guidance
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Retail
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 funding is
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 said these
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 make the
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 estimates, while
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' views. The
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 dropped around
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 lifted comparable
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, the stock
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 sales and
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 bookseller's loss
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 the first
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 season, despite
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 jumped 27%
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 cents per
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 20. It’s
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 by higher
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 growth. The
Despite the Q4 earnings miss, Jack in the Box stock rises
Jack in the Box (JACK) reported mixed fourth quarter results. Earnings of $0.77 per share missed analysts' estimates, while revenues of $177.5 million surpassed
Kohl’s earnings preview: Strong comps to outweigh higher costs in Q3
Ahead of Thanksgiving and Black Friday, if you are looking for a retailer that promises value, Kohl’s Corporation (KSS) could be a
Nine years after launch, Beyond Meat goes public
Last Friday, Beyond Meat filed its prospectus to go public on Nasdaq under the symbol “BYND”. The veggie company, which was founded