Latest in Mattel, Hasbro lower guidance ahead of holiday season
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Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the third quarter.Business - CNBC - October 24 -
Mattel Braces for Flat Toy Sales Ahead of Holiday Season
Mattel, the company behind Barbie doesn’t anticipate a high holiday sales season this year.Business - Inc. - October 23 -
Retailers Stock Supersize TVs Ahead of Holiday Season
In Q4, giant TV sales see a marked holiday boom.Business - Inc. - November 4 -
Walmart Stock Rises on Strong Earnings Ahead of Holiday Shopping Season
The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.Business - The New York Times - 2 days ago -
Barbie boom fades at Mattel, but Hot Wheels — and adult collectors — are on an upswing
Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film ...Business - MarketWatch - October 24 -
Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season
The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.Business - The New York Times - 21 hours ago -
U.S. economy keeps up the momentum ahead of holiday shopping season, S&P finds
The U.S. economy got off to a good start in the fourth quarter, a pair of S&P surveys found, and pointed toward steady growth at the tail end of the year.Business - MarketWatch - October 24 -
Retail sales climb again ahead of holiday shopping season. U.S. economy still has momentum.
Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday shopping season.Business - MarketWatch - 6 days ago -
Mortgage rates inch up toward 7% ahead of the holiday season. Don’t expect a big drop anytime soon.
The 30-year mortgage rate is averaging 6.84%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - 1 hour ago -
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 -
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Business - The Wall Street Journal - October 23 -
JD Sports Expects Profit at Lower End of Guidance
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets.Business - The Wall Street Journal - 11 hours ago -
Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance
The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.Business - The Wall Street Journal - October 23 -
Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat
Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.Business - MarketWatch - October 24 -
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...Business - MarketWatch - October 24 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
5 Great Ways to Stand Out This Holiday Season
A couple of simple steps to having a great holiday selling season.Business - Inc. - November 13 -
Is gold still worth buying this holiday season?
With the price of gold high, some buyers may be considering skipping it this holiday season. Here's what to consider.Top stories - CBS News - 2 days ago -
3 reasons to invest in gold this holiday season
Eyeing gold investments right now? Here's why this may be a good time to make your move.Top stories - CBS News - 2 days ago -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
Target, Walmart and other retailers announce price cuts ahead of holidays
Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...Top stories - CBS News - October 23 -
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.Business - CNBC - October 24 -
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.Top stories - NBC News - October 24 -
Hori's Official Steam Controller Is Up For Preorder At Amazon Ahead Of Holiday Release
Wireless Horipad for Steam (Officially Licensed) $60 | Releases December ...Tech - GameSpot - November 6 -
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.Business - CNBC - October 31 -
4 retail stocks that look good even if the holiday shopping season is soft
Wall Street research firm Telsey Advisory Group is upbeat on Costco, Amazon, Best Buy and TJX Companies.Business - CNBC - November 2 -
Retailers brace for DEI blowback in lead-up to election, holiday shopping season
Some companies are concerned about attending public DEI events while others are strategizing on how to avoid criticism over their policies and programs.Business - CNBC - November 4 -
Nintendo and Sony head into ‘grim’ holiday season with old consoles and no big releases
Video game industry fears its most important quarter will fall flat with few new mass-market offeringsBusiness - Financial Times - November 11 -
Saks Fifth Avenue's holiday light display in Manhattan changing up this season
Dazzling displays of synchronized lights on the facade of Saks Fifth Avenue’s flagship store in midtown Manhattan have thrilled holiday visitors for yearsEntertainment - ABC News - November 12 -
Shopify’s stock heads for best day ever on upbeat holiday forecast
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”Business - MarketWatch - November 12 -
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PWHL Unveils Jerseys Ahead Of Season Two
The PWHL has officially unveiled jerseys for each of their six franchises, completing the release of their branding ahead of the league's second season.Sports - Yahoo Sports - November 7 -
Greek ferry crews call off strike early ahead of three-day holiday weekend
Greek ferry crews have curtailed a four-day strike by several hours, announcing Friday they would go back on the job in the early afternoon instead of at midnightWorld - ABC News - October 25
