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Latest in Advance Auto Parts to Close Stores as Sales Outlook Misses Views

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  • Advance Auto Parts to Close Stores as Sales Outlook Misses Views

    Advance Auto Parts to Close Stores as Sales Outlook Misses Views

    Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.
    Business - The Wall Street Journal - 12 hours ago

  • Advance Auto Parts to exit Western U.S. as it closes more than 700 locations

    Auto-parts retailer will focus on its strongest markets in the eastern part of the country.
    Business - MarketWatch - 8 hours ago
  • Advance Auto Parts to close more than 700 locations

    Advance Auto Parts to close more than 700 locations

    The closures would reduce the company's footprint by about 15%.
    Politics - The Hill - 9 hours ago

  • Genuine Parts stock slides on Q3 earnings miss, lowered outlook

    Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...
    Business - MarketWatch - October 22

  • Chipotle misses revenue estimates as same-store sales growth disappoints

    Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.
    Business - CNBC - October 30

  • Procter & Gamble’s stock slips as profit beat, steady outlook offset a sales miss

    Shares of Procter & Gamble Co. fell 1.2% in premarket trading Friday, after the consumer packaged-goods company reported fiscal first-quarter profit that beat expectations and maintained its ...
    Business - MarketWatch - October 18

  • Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

    KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.
    Business - CNBC - November 5

  • Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes

    The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.
    Business - The Wall Street Journal - October 23

  • Unilever Backs Outlook After Sales Growth

    The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...
    Business - The Wall Street Journal - October 24

  • Last Kmart store closes down

    Shoppers bid farewell to the final Kmart store in Bridgehampton, New York, while snagging great deals before the store shut its doors for good. Shanelle Kaul has the story.
    Top stories - CBS News - October 20

  • Why major retailers are closing stores

    Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...
    Top stories - CBS News - October 21
  • Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings

    Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings

    Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with ...
    Business - The Wall Street Journal - November 5

  • Mattel Lowers Sales Outlook After Barbie Sales Weigh

    The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.
    Business - The Wall Street Journal - October 23

  • Bud Light Owner's U.S. Sales Bounce Back After Boycott

    After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.
    Business - The Wall Street Journal - October 31

  • Unilever reiterates 2024 outlook after third-quarter sales growth

    Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.
    Business - MarketWatch - October 24

  • Philips shares slide as company blames China for lowered sales outlook

    Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.
    Business - MarketWatch - October 28

  • EBay’s sales outlook comes in weaker, and stock falls more than 7%

    EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.
    Business - MarketWatch - October 31

  • Tapestry’s stock climbs on sales and earnings beat, raised outlook

    Tapestry’s first-quarter revenue was fueled by topline growth at Coach.
    Business - MarketWatch - November 7

  • Munich Re Lifts Outlook Despite Third-Quarter Miss

    Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.
    Business - The Wall Street Journal - October 22
  • Pandora Narrows Sales View as Revenue Rises

    Pandora Narrows Sales View as Revenue Rises

    The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.
    Business - The Wall Street Journal - November 6
  • Grand Theft Auto, Red Dead, NBA 2K franchises post high sales in Q2 FY24

    Grand Theft Auto, Red Dead, NBA 2K franchises post high sales in Q2 FY24

    Take-Two revealed that several of its core franchises, including Grand Theft Auto and Red Dead, reached new sales milestones last quarter.
    Tech - VentureBeat - November 6

  • ALCS Game 5: Yankees beat Guardians, head to first World Series since '09

    After a thrilling victory, the Yankees await either the Dodgers or Mets in the Fall Classic.
    Sports - ESPN - October 20

  • TSMC to close door on producing advanced AI chips for China from Monday

    World’s biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processors
    World - Financial Times - 6 days ago
  • France takes stake in Sanofi unit as part of €16bn sale to CD&R

    France takes stake in Sanofi unit as part of €16bn sale to CD&R

    Deal for consumer health arm faced political furore over ceding controlling stake to US private equity group
    Business - Financial Times - October 21

  • Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

    The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.
    Business - The Wall Street Journal - October 31

  • McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

    Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.
    Business - CNBC - October 29

  • Walgreens to close approximately 1,200 stores over three years

    Pharmacy giant Walgreens announced its plan to close around 1,200 stores over the next three years as retail sales decline. Walgreens has also been dealing with other challenges, including rising ...
    Top stories - CBS News - October 16
  • Trump Contends His Economic Policies Won’t Increase Federal Debt

    Trump Contends His Economic Policies Won’t Increase Federal Debt

    In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.
    Business - Inc. - October 16
  • Walgreens Will Close 1,200 Stores as Pharmacies Try to Define a New Role

    Walgreens Will Close 1,200 Stores as Pharmacies Try to Define a New Role

    Drugstores are suffering in the post-pandemic retail arena, and are increasingly becoming ‘destinations to nowhere.’
    Business - Inc. - October 16
  • More than 2 dozen Big Lots stores no longer closing: Here's where

    More than 2 dozen Big Lots stores no longer closing: Here's where

    While dozens of stores previously set for closure are seemingly remaining open, Big Lots has already closed more than 270 stores this year.
    Politics - The Hill - 2 days ago

  • Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook

    Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.
    Business - MarketWatch - October 16

  • Starbucks shares slide after coffee chain says sales fell again, suspends outlook

    The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.
    Business - CNBC - October 23

  • Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

    The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.
    Business - The Wall Street Journal - October 31

  • Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel

    Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.
    Business - MarketWatch - October 29

  • OMV Misses Views as Weak Refining, Oil Trading Hit Results

    The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.
    Business - The Wall Street Journal - October 29
  • Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

    Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

    The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.
    Business - The Wall Street Journal - November 6
  • US approves $2B in arms sales to Taiwan including advanced missile defense system

    US approves $2B in arms sales to Taiwan including advanced missile defense system

    The United States has approved $2 billion in arms sales to Taiwan, including the delivery for the first time to the island of an advanced surface-to-air missile defense system
    World - ABC News - October 26
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Topics
  • Advance Auto Parts
  • Auto Parts Close
  • Parts Close Stores
  • Close Stores Sales
  • Stores Sales Outlook
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