4 years 4 months ago
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."
4 years 4 months ago
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
4 years 4 months ago
Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.
4 years 4 months ago
Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to employees.
4 years 4 months ago
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.
4 years 4 months ago
Kohl's joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.
4 years 4 months ago
Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.
4 years 4 months ago
Cisco has gone from growth to flat revenue, and now it's calling for a decline as it sees costs mounting from the war between Russia and Ukraine.
4 years 4 months ago
Southeast Asian tech giant Sea's shares rebounded, but its e-commerce site could slow due to macro uncertainties.
4 years 4 months ago
China's Covid lockdowns have hurt advertiser sentiment, while Tencent's ad business has also taken a knock from competition from rivals.
4 years 4 months ago
Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures.
4 years 4 months ago
The home improvement retailer's profit topped Wall Street estimates for the quarter, even as sales missed the mark.
4 years 4 months ago
The big-box retailer said it saw a healthy customer, but a shift to experience-based purchases, such as toys for birthday parties and luggage for trips.
4 years 4 months ago
The discounter said the significant jump in fuel prices, higher labor costs and aggressive inventory levels weighed on the company's profits.
4 years 4 months ago
Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly earnings, fueled by the company's strongest first-quarter sales on record.
4 years 4 months ago
JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise.
4 years 5 months ago
Disney reported stronger-than-expected growth in streaming subscribers across all of its media platforms, but its shares fell after hours.
4 years 5 months ago
Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it's still on track to build 25,000 vehicles this year.
4 years 5 months ago
Beyond Meat reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers.
4 years 5 months ago
Coinbase earnings missed analyst estimates and shares fell as much as 19% in extended trading.
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