2 years 6 months ago
Adobe paid a $1 billion termination fee to fast-growing startup Figma after regulators pushed back on the two companies combining.
2 years 6 months ago
Shares of German property giant Vonovia fell over 7% on Friday, shining a light on a deepening real estate crisis in Europe's largest economy.
2 years 6 months ago
Dick's Sporting Goods said its holiday quarter was the strongest sales period in the company's history, leading it to raise its dividend by 10%.
2 years 6 months ago
Shares of Zara owner Inditex rose to an all-time high Wednesday after the company announced its full-year 2023 results.
2 years 6 months ago
Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory.
2 years 6 months ago
Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend.
2 years 6 months ago
Toymaker Lego on Tuesday released its full-year 2023 results, saying it's revenue grew by 2% throughout the year, in line with expectations.
2 years 6 months ago
Oracle beat on the bottom line in its latest earnings report, though revenue came in a bit light of expectations.
2 years 6 months ago
The German truck maker posted better-than-expected pretax earnings of 5.5 billion euros for 2023, up 39% on the previous year's 4 billion.
2 years 6 months ago
E-commerce sales grew 18.4% in the quarter compared with the year earlier.
2 years 6 months ago
Sales at Gap's largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue.
2 years 6 months ago
American Eagle unveiled a new strategy to boost profitable growth over the next three years by focusing on building out its brands and optimizing operations.
2 years 6 months ago
Shares of Hugo Boss plunged 13% Thursday, after the company warned that it may fail to meet its 2025 sales target.
2 years 6 months ago
"The day the customer is going to be a robot, maybe AI will replace the humans," Daniel Julien told CNBC.
2 years 6 months ago
Shares of Hims & Hers Health popped Tuesday after the company reported better-than-expected quarterly results.
2 years 6 months ago
Foot Locker reported earnings as CEO Mary Dillon leads the legacy retailer through an ambitious turnaround. But some analysts say it has gone too slowly.
2 years 6 months ago
Abercrombie & Fitch has been on a rollercoaster of growth over the last year and Wall Street will be keen to see if it can sustain the momentum.
2 years 6 months ago
The department store retailer said revenue for the year ahead will range from a 2% decline to a 1% gain compared with the previous year.
2 years 6 months ago
CrowdStrike shares surged after the company reported a strong beat and issued better-than-expected guidance for the upcoming quarter and full year.
2 years 6 months ago
Target grew profits even as sales stagnated, and said it plans to launch a new membership program.
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