Piper Sandler moved its rating on Wingstop to underweight from overweight in a rare double downgrade.
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Piper Sandler double downgrades Wingstop, says restaurant stock will fall more than 15%
Business
AI shopping could drive $263 billion in holiday sales. Walmart and Target are racing to get in
Holiday shopping has always felt like a “chore” for Amrita Bhasin. Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving. But this year, Bhasin […]
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Business
Costco tops Wall Street’s sales and revenue expectations
Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations and posted year-over-year sales growth of 8.2% as the retailer attracted more digital sales and opened new locations. The warehouse club does not share a […]
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Business
Lululemon CEO Calvin McDonald to depart in January as retailer struggles to compete, woo shoppers
Calvin McDonald, CEO of lululemon athletica inc., is interviewed by CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2023. Brendan Mcdermid | Reuters Lululemon announced Thursday its CEO Calvin McDonald will step down effective Jan. 31 following more than a year of underperformance at the […]
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