Latest in Walmart sales beat again and outlook raised, as retailer cites ‘resilient’ US customers
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Walmart sales beat again and outlook raised, as retailer cites ‘resilient’ US customers
Walmart’s stock headed for a record after another earnings beat, as general merchandise sales turned positive.Business - MarketWatch - 8 hours ago -
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 -
October Retail Sales Figures Signal Economic Resilience
A positive October sales report shows a strong retail market.Business - Inc. - 3 days ago -
Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns
Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment ...Business - MarketWatch - November 8 -
How Walmart’s Early Launch Date Resets Retail’s Black Friday Sales Pace
The retail giant is getting a head start on holiday sales, with year-end promotions starting November 11.Business - Inc. - October 29 -
Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
The discounter will deliver its latest sales results as inflation cools and the holiday season heats up.Business - CNBC - 1 hour ago -
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3M’s stock turns red as profit beat, but retail customers are still holding back
The maker of Post-it Notes saw it’s stock surge to a multi-year high, then pull a sharp U-turn into the red, even as earnings beat expectations.Business - MarketWatch - October 22 -
E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain
E.l.f. Beauty raised its full year guidance after posting a 40% jump in sales.Business - CNBC - November 6 -
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 - 4 days ago -
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 -
China retail sales beat forecasts in October while real estate slump worsens
Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.Business - CNBC - 4 days ago -
Volvo Cars slashes outlook citing ‘increasingly volatile environment’
Volvo Cars CEO Jim Rowan said the company is facing slower demand in Europe, the U.S. and China.Business - MarketWatch - October 23 -
DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes
DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.Business - MarketWatch - November 8 -
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 -
Walmart and Other Retailers Cut Christmas Goods Imports This Year
A tepid holiday season forecast prompted many companies to slash their orders for trees, tinsel and other holiday gear.Business - Inc. - November 5 -
UniCredit Raises 2024 Outlook After Earnings Rise
UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.Business - The Wall Street Journal - November 6 -
Walmart will start delivering prescriptions to customers' doorsteps as CVS and Walgreens struggle
Walmart will start delivering medications in six states, but plans to offer prescription delivery in nearly every state by the end of January.Business - CNBC - October 22 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - 4 days ago -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - 4 days ago -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
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 -
The Key to Boosting Sales: Identifying and Converting Non-Customers
Not everyone is a customer. And you need to examine the types of non-customers you have to understand why.Business - Inc. - October 26 -
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 -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - October 31 -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - 5 days ago -
Off-price retailers could thrive, BofA says, citing this bullish data point
BofA analysts reiterated buy ratings on Burlington Stores Inc., Ross Stores Inc. and TJX Cos. Thursday, ahead of the discount retailers’ coming third-quarter earnings, and said they expect all ...Business - MarketWatch - 5 days ago -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
Kamala Harris’s Concession Speech Was a Master Class in Why Hope Beats Optimism for Resilience
Psychologists say hope beats optimism in dark times. In her concession speech, Kamala Harris showed she understands the difference.Business - Inc. - November 7 -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - October 29 -
Best Gaming, Tech, And Toy Deals In Walmart's Early Black Friday Sale
Walmart’s first Black Friday Sale is now live, with hundreds of items now available for some of the best prices of the year. Despite the fact that we’re still technically weeks away from the ...Tech - GameSpot - November 11 -
Walmart and Amazon threaten US drugstores in prescription delivery
Launch of same-day services adds to pressure on struggling pharmacy chains such as CVS and WalgreensBusiness - Financial Times - October 22 -
Amazon, Walmart and Aldi compete to offer supercheap Thanksgiving meals — while other retailers wait in the wings
Good news for Thanksgiving shoppers: Your holiday meal could be cheaper than it was last year.Business - MarketWatch - October 31 -
PS5 Pro Disc Drive Is Sold Out At Most Retailers, But Walmart Has It (For Now)
PS5 Pro Disc Drive ...Tech - GameSpot - November 5 -
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Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23
