KOHLS CORP DRN
Stocks making the biggest moves midday: Kohl’s, Best Buy, Zoom Communications, Stellantis and more
Check out the companies making headlines in midday trading. Kohl’s – Shares tumbled 18% after the retailer cut its sales outlook amid an uncertain holiday backdrop . The latest quarter’s earnings and sales fell short of Wall Street analysts’ estimates, and the CEO will step down in January. Amgen — The biotech fell more than […]
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Stocks making the biggest moves premarket: Amgen, Best Buy, Abercrombie & Fitch, Stellantis and more
Check out the companies making headlines before the bell. Abercrombie & Fitch — Shares slipped nearly 4% despite the apparel retailer’s earnings beat and strong holiday guidance . Abercrombie & Fitch reported third-quarter earnings of $2.50 per share, topping the $2.39 per share LSEG consensus estimate. Revenue was $1.21 billion, versus the $1.19 billion expected. […]
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Stock futures slip after Dow closes at another record: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on Aug. 2, 2024. Michael M. Santiago | Getty Images Stock futures slipped in overnight trading Monday, after the Dow Jones Industrial Average closed at a new record. Futures tied to the Dow slid 144 points, or 0.3%. S&P 500 futures […]
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Stocks making the biggest moves after hours: Zoom Communications, Kohl’s, Semtech and more
Check out the companies making headlines after the bell : Zoom Communications — The maker of video calling software inched higher by nearly%. Zoom topped Wall Street quarterly estimates and posted fiscal fourth-quarter adjusted earnings per share guidance that was roughly in line with estimates. The company also said it changed its name to Zoom […]
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Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Incoming Kohl’s CEO Ashley Buchanan and current CEO Tom Kingsbury. Courtesy: Michael’s | Kohl’s Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held first on an interim basis starting in late 2022, and […]
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An options trade on two retailers reporting earnings this Thanksgiving week
Six well-known retailers release quarterly earnings this week. Kohl’s, Macy’s, Best Buy, Dick’s, and Burlington will report before the open on Tuesday, November 26th, and Nordstrom will report after the close. Their results may provide some insights into the state of the U.S. consumer going into the holiday shopping season and whether those that have […]
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TJ Maxx parent says holiday shopping is off to a ‘strong start,’ but its guidance tells another story
TJX Companies touted a “strong start” to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street. TJX comfortably beat Wall Street’s expectations during its fiscal third quarter, but it’s expecting earnings per share for its holiday quarter to be between $1.12 and […]
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Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult web address on packaging
Still from the film “Wicked” Source: Universal Studios Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal’s “Wicked” movie, boxes featured a link to […]
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Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl’s top the list
An exterior view of the Kohl’s store at the Paxton Town Centre near Harrisburg. A customer walks with a Nike shopping bag. Paul Weaver | SOPA Images | Emily Elconin | Bloomberg | Getty Images Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to […]
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Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
A freight engine and shipping containers are viewed in a Union Pacific Intermodal Terminal rail yard on November 21, 2022 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Record imports over the last several months at West Coast ports, driven by the recent East Coast and Gulf Coast strike diversions […]
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