Here’s what impressed us most about Costco’s earnings beat in a tariff-filled world
Costco on Thursday returned to its old ways of delivering earnings beats. Despite concerns about a tariff-driven hit to margins,
Read More
Retail industry
Gap shares plummet as retailer says tariffs could cost between $100 million and $150 million
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | Reuters New
Read More
American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer
Read More
Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming
A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California.
Read More
Abercrombie & Fitch soars more than 14% even as retailer slashes profit outlook due to
Shares of Abercrombie & Fitch soared Wednesday, even after the retailer slashed its profit outlook due to tariffs, which are
Read More
Macy’s CEO says retailer will hike some prices as tariffs cut into profits
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s
Read More
Walmart fined for shipping realistic toy guns to New York, violating state law
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering
Read More
Canada Goose shares soar nearly 20% as company beats estimates, pulls full-year guidance
Shares of Canada Goose rose nearly 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates,
Read More
Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback
Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs, and backlash
Read More
How the tycoons behind Kind Bars, Hot Pockets and other snacks diversify their fortunes
Key Points Small snacks can mint billion-dollar fortunes for their founders.Entrepreneurs like Kind Snacks’ Daniel Lubetzky use their family offices
Read More