2 years 10 months ago
American Eagle issued a holiday forecast that failed to impress Wall Street, following a string of retailers who've issued muted guidance for the season.
2 years 10 months ago
Abercrombie & Fitch, known for its "quiet luxury" assortment, blew past estimates again and raised its full-year guidance.
2 years 10 months ago
Dick's Sporting Goods posted earnings and sales that beat Wall Street's estimates after its stock plummeted in the prior quarter over theft concerns.
2 years 10 months ago
Urban Outfitters' clothing rental service Nuuly has turned its first profit since its launch in 2019, rivaling the performance of competitor Rent the Runway.
2 years 10 months ago
Best Buy beat Wall Street's earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers.
2 years 10 months ago
Lowe's cut its full-year sales and earnings outlook as it said homeowners were taking on fewer do-it-yourself projects.
2 years 10 months ago
Sales of previously owned homes fell to a 13-year low in October, due to high prices, swollen mortgage rates and a low supply of homes for sale.
2 years 10 months ago
Advertisers such as Disney and Apple have paused advertising on X over concerns about hate speech and antisemitism.
2 years 10 months ago
Ford is scaling back production capacity and expected employment at the battery plant in Michigan.
2 years 10 months ago
In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macao to Carlyle and Citic.
2 years 10 months ago
TGL, the tech-driven indoor golf league led by Tiger Woods and Rory McIlroy delayed its start until 2025.
2 years 10 months ago
Starting Monday, American households can request four additional free at-home Covid-19 test kits through the Biden administration's website.
2 years 10 months ago
Both the depth of discounts and the total amount of items on sale were higher in October compared to the past four years.
2 years 10 months ago
So far in 2023, "choiceful" has appeared in 15 quarterly earnings calls for S&P 500 companies, up from just two in 2021, according to a CNBC analysis.
2 years 10 months ago
SpaceX launched its second Starship rocket flight on Saturday, with Elon Musk's company pushing development of the mammoth vehicle past new milestones.
2 years 10 months ago
Thanksgiving will be a test to see how the aviation industry handles the year-end holidays while still managing strains.
2 years 10 months ago
Investment firm JAT Capital sent a scathing letter to the new Bed Bath & Beyond board on Friday saying it has refused to answer questions from shareholders.
2 years 10 months ago
T-Mobile has been sued again for failing to protect consumer data after an employee at one of its Washington stores stole nude images off of a customer's phone.
2 years 10 months ago
A more predictable balance sheet makes it easier to bring new sponsors on board.
2 years 10 months ago
Red Bull has won 19 of the 20 Grand Prix weekends so far this season, led by world champion driver Max Verstappen.
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