earnings

Consumers Are Spending Like It's 2019

Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. Source link

11 months ago

Dick's Sporting Goods Blames Theft for Profit Woes

The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job…

11 months ago

SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest

Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link

11 months ago

The AI Trade Faces Its First Major Test With Nvidia Earnings

The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now. Source…

11 months ago

How Kroger Became the Biggest Sushi Seller in America

Millions of shoppers agree: It’s OK to eat supermarket sushi.  At U.S. retailers, sales are up over 70% in the…

11 months ago

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX

The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster.…

11 months ago

Why a Zara Bet Big on the Maxi Dress This Summer

Fashion retailer arms managers with bevy of data, and authority to act on it, in bid to keep ahead of…

11 months ago

Target Sales Are Punished by Pride Month Backlash

The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source…

11 months ago

Home Depot's Inflation Pressures Ease

CEO Ted Decker says costs are improving as suppliers demand fewer price increases. Source link

11 months ago

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn

Updated Aug. 15, 2023 12:53 am ETListen to article(1 minute)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment…

11 months ago