Latest in Outlook Raised Retailer
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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 - 11 hours ago -
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 -
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 -
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 -
Dollar Tree’s CEO steps down. An analyst says the move comes at a ‘difficult time.’
Dollar Tree Inc. on Monday said that Rick Dreiling has stepped down as chief executive of the discount retailer due to health reasons.Business - MarketWatch - November 5 -
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 -
Wall Street is bullish on one portfolio retail stock while raising concerns about another
We're talking about Home Depot and Best Buy.Business - CNBC - November 8 -
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 -
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 -
Retailers Stock Supersize TVs Ahead of Holiday Season
In Q4, giant TV sales see a marked holiday boom.Business - Inc. - November 4 -
Retailers Turn to Weather Strategies as Climate Changes
Major chains now factor weather conditions into promotional strategies, inventory decisions, and advertising campaigns.Business - Inc. - November 4 -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - November 5 -
‘Wicked’ takes over retail ahead of theatrical debut
“Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green.Top stories - NBC News - November 9 -
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 -
Returns Are a Headache. More Retailers Are Saying, Just ‘Keep It.’
In a survey, nearly 60 percent of retailers said they had policies that refund customers for items that aren’t financially viable to send back.Business - The New York 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 -
October Retail Sales Figures Signal Economic Resilience
A positive October sales report shows a strong retail market.Business - Inc. - 3 days ago -
Installing E.V. Chargers is Finally Paying Off for Retailers
Companies see charging as a potentially profitable business in and of itself, not just as a spur for foot traffic and sales.Business - The New York Times - Yesterday -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - 8 hours ago -
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 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
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 -
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 -
Smith & Nephew cuts outlook on China weakness
FTSE 100 medical manufacturer reports price pressures and worse-than-expected demandWorld - Financial Times - October 31 -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - November 1 -
Palantir shares surge on rosy revenue outlook
Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.Business - CNBC - November 4 -
Former Trump adviser on U.S. economic outlook
Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.Top stories - CBS News - November 6 -
Siemens Energy Lifts Outlook on Power Demand Boom
Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.Business - The Wall Street Journal - 6 days ago -
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 -
England’s universities regulator warns of worsening financial outlook
‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for StudentsWorld - Financial Times - 5 days ago -
Aegon Lifts Outlook, Launches $158 Million Buyback
The financial services company raised its full-year guidance and said it expected to start buying back shares in January.Business - The Wall Street Journal - 4 days ago -
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Imperial Brands Upbeat on Outlook as Alternatives Continue to Grow
The tobacco manufacturer said it expected a strong fiscal 2025 on the back of continued revenue growth from tobacco alternatives such as vapes.Business - The Wall Street Journal - 16 hours ago -
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Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand
Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.Business - MarketWatch - October 23 -
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 -
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 -
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