American Eagle Outfitters Inc
Nordstrom sales come up short, echoing broader retail industry pressures
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Nordstrom on Tuesday said sales slid by nearly 7% year over year, echoing other retailers’ comments about weaker demand and budget-pressured consumers. Yet the department store operator reiterated its full-year sales outlook, […]
Read More
Stocks earning the largest moves midday: Amazon, Medtronic, American Eagle, Lowe’s, C3.ai and additional
Look at out the firms generating the most important moves midday: Amazon — The e-commerce behemoth slipped 2.4% after CNBC’s David Faber noted founder and Executive chair Jeff Bezos is expected to be “aggressive” in marketing additional shares of Amazon. The full sale could sum to extra than $1 billion, resources informed Faber. Burlington Suppliers […]
Read More
Abercrombie & Fitch raises outlook after quarterly sales surge 20%
Abercrombie & Fitch. Courtesy: Abercrombie & Fitch Abercrombie & Fitch on Tuesday blew past estimates as it posted a 20% jump in sales thanks to a strong back-to-school shopping season and growth at both its namesake brand and Hollister. The longtime mall retailer, which has bounced back after years of stagnation, also raised its outlook again […]
Read More
Shares of American Eagle plummet on unimpressive holiday forecast
American clothing and accessories retailer American Eagle store seen in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | Lightrocket | Getty Images Shares of American Eagle plummeted 15% in premarket trading Tuesday after the company issued a holiday forecast that failed to impress. For its holiday quarter, American Eagle expects […]
Read More
Nike reigns supreme among teen shoppers. Here are the other brands they love the most
A customer shops at the Nike store in Miami Beach, Florida, on Dec. 21, 2021. Joe Raedle | Getty Images Teens are a notoriously fickle bunch — but the group is also often on the leading edge of many trends the rest of us eventually adopt. In many ways, the cohort’s spending habits reflect those […]
Read More
S&P 500 futures are small adjusted as traders occur off shedding session: Are living updates
Traders perform on the floor of the New York Inventory Exchange on August 16, 2023 in New York Town. Michael M. Santiago | Getty Photographs S&P 500 futures are in close proximity to flat Tuesday night time as Wall Road looked outside of the dropping session that marked the commence of the holiday getaway-shortened trading […]
Read More
Custom art, air purifiers and TikTok: College spending boom could booster retailers’ sales this fall
People walk on the campus of the University of North Carolina Chapel Hill on June 29, 2023 in Chapel Hill, North Carolina. Eros Hoagland | Getty Images Over the past few years, Alicia Browne has noticed a change in what college students haul out of cars on move-in days at the University of Alabama. Along […]
Read More
Stocks making the biggest moves midday: Coinbase, SoFi, DoorDash and more
In this article GPS AEO BARC-GB COIN AAL Follow your favorite stocksCREATE FREE ACCOUNT The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading. Toyota Motor — Shares rose 1.7%, hitting a […]
Read More
Purchasing platform Shein poised to consider main U.S. current market share. UBS thinks these companies will be hurt most
Some big-title U.S. retailers could battle as Chinese e-commerce corporation Shein gains ground in the nation, UBS warned. Shein’s newest fundraising force place the business at a $66 billion valuation, according to a Wall Road Journal report. The Journal also documented that the Chinese rapidly-trend firm noticed $23 billion in earnings past 12 months with […]
Read More
Stocks making the biggest moves midday: Nvidia, Monolithic Power Systems, Ralph Lauren and more
In this article NVDA MPWR DISH AMD RL BBY CCL DLTR SNOW AEO MRVL AVGO SNPS AMAT DG ADBE Follow your favorite stocksCREATE FREE ACCOUNT Nvidia has found success in China by selling automotive chips to the country’s electric car companies, but the U.S. semiconductor giant has been restricted from sending some products to China. […]
Read More