KOHLS CORP DRN
Stocks making the biggest moves premarket: Nvidia, Salesforce, CrowdStrike, HP Inc. and more
Check out the companies making headlines in premarket trading. Nvidia — The chip designer and artificial intelligence bellwether slipped more than 4% despite surpassing Wall Street estimates on the top and bottom line in its fiscal second quarter. Nvidia earned 68 cents per share on revenue of $30.04 billion, while analysts polled by LSEG forecast […]
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Stocks making the biggest moves midday: Super Micro Computer, Berkshire Hathaway, Abercrombie & Fitch and more
Check out the companies making headlines in midday trading: Super Micro Computer — Shares shed 26% after the artificial intelligence server company said it would postpone filing its annual 10-K form for the fiscal year that ended June 30. Super Micro Computer said its management requires more time to “complete its assessment of the design […]
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Babies R Us is back: Here’s why Kohl’s is betting on babies to drive its turnaround
Kohl’s plans to have 200 Babies R Us shops in its stores by the end of September. The retailer will sell a wide variety of baby gear, including strollers, car seats and cribs. Courtesy: Kohl’s WOODLAND PARK, N.J. — Kohl’s is thinking small to rev up its sales. The retailer is opening Babies R Us […]
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Macy’s ends buyout talks with Arkhouse and Brigade after months of negotiations
The Macy’s company logo is seen at the Macy’s store on Herald Square on January 19, 2024 in New York City. Macy’s department-store chain announced that they will be laying off roughly 2,350 employees which is about 3.5% of their workforce. The company says that it will also be closing five stores in order to […]
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Amazon says Prime Day will run July 16 and 17
An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024. Angus Mordant | Bloomberg | Getty Images Amazon‘s Prime Day mega sale event will return on July 16 and 17, the company announced Tuesday. Like in previous years, Amazon said the event will feature millions […]
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Milwaukee-centered retail large Kohl’s says ‘No’ to sponsoring Republican convention activities
A Kohl’s section shop sign hangs exterior the making on March 12, 2024 in Miami, Florida. Shares of Kohl’s fell as it posted a drop in exact-store revenue in the fourth quarter. Joe Raedle | Getty Photographs Milwaukee-based mostly section retailer huge Kohl’s says it will not sponsor any events connected to the Republican Countrywide […]
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It was a strong week for retail earnings. That doesn’t spell a consumer comeback
A Foot Locker, Inc. store. Courtesy of: Foot Locker, Inc. Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and cash-strapped shoppers are choosing them over competitors. If there’s one takeaway from results posted by the largest U.S. retailers over the last […]
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Stocks making the biggest moves midday: Salesforce, Kohl’s, HP, Best Buy and more
Check out the companies making the biggest moves midday: Salesforce — The cloud software vendor tumbled 20.5% after reporting weaker-than-expected revenue and issuing guidance that fell short of Wall Street’s expectations. Its fiscal first-quarter revenue was $9.13 billion, versus the $9.17 billion expected from analysts polled by LSEG. It was the first time since 2006 […]
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Kohl’s stock plummets 20% after massive earnings miss
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted more than 20% in early trading Thursday after the company posted a surprise loss per share, coming in well below Wall Street’s expectations for a slight profit. Here’s how Kohl’s did in its fiscal first […]
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Stocks making the biggest moves premarket: Salesforce, Kohl’s, Foot Locker and American Eagle Outfitters
Check out the companies making headlines before the bell. Salesforce — Shares of the cloud software vendor plunged 16% after the company reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations. Revenue in the fiscal first quarter increased 11% from a year earlier, marking the first time since 2006 that Salesforce fell short […]
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