Latest in Sales Forecast Misses
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Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - 2h -
Walmart stock tumbles on a lower-than-expected sales forecast
Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic landscape.CBS News - 2h -
Etsy misses Wall Street’s revenue estimate as marketplace sales dip
Etsy’s stock was down 7% in premarket action after it came up short of revenue expectations while beating its profit mark.MarketWatch - 1d -
Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%
French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid lagging demand for the Gucci label.CNBC - Feb. 11 -
Sony raises full-year forecasts after solid PlayStation 5 sales in the holidays
The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.CNBC - Feb. 13 -
McDonald’s sees wider margins ahead as same-store-sales surprise offsets a profit miss
McDonald’s stock rose 5% as investors latched on to the positive developments, despite some mixed results from the fast-food giant.MarketWatch - Feb. 10 -
Unilever sales just miss expectations; Ben & Jerry's ice cream unit heads for triple listing
Consumer goods giant Unilever posted slightly weaker-than-expected sales growth and pointed to a "slower start to 2025."CNBC - Feb. 13 -
Winter storm forecasted to bring more snow to Northeast
The Northeast is digging out from an overnight storm that dropped up to six inches of snow in some areas and now another storm is expected in just a matter of days. NBC’s Maya Eaglin reports for ...NBC News - Feb. 9 -
DoorDash’s stock rallies as demand forecast tops expectations
Food-delivery app DoorDash Inc. on Tuesday forecast a key demand metric to come in above Wall Street’s expectations for the first quarter, as it adds more grocery stores to its platform to ...MarketWatch - Feb. 12 -
Latest weather forecast as winter storm slams the East
A winter storm is slamming parts of Virginia and reaching parts of New Jersey and the Northeast. Some roads are covered in snow and several weather-related traffic accidents have been reported. ...CBS News - Feb. 12 -
Cisco pops on increased full-year revenue forecast
Cisco topped analysts' estimates and lifted its full-year guidance due in part to orders for artificial intelligence infrastructure.CNBC - Feb. 12 -
Why UBS and Goldman Sachs are boosting their gold forecasts
There’s plenty of room for gold to rise, a UBS strategist says.MarketWatch - 2d -
Energy bills forecast to rise by £85 a year
Cornwall Insight predicts that the energy regulator will hike gas and electricity prices by 5%.BBC News - 2d -
What's the mortgage rate forecast for March 2025?
With the spring homebuying season quickly approaching, buyers should know the mortgage rate forecast for March.CBS News - 2d -
Eric Adams is not for sale. He’s for rent!
New York City Mayor Eric Adams, who was indicted on five counts of bribery, wire fraud and soliciting illegal campaign contributions from foreign nationals, had his case dropped by Deputy Attorney ...The Hill - 2d -
Winter storms to sweep across US: Al Roker tracks forecast
On the heels of a weekend of snow and ice for tens of millions, two more winter storms are set to sweep across the United States in the coming days. TODAY’s Al Roker tracks the latest forecast.NBC News - Feb. 10 -
Maps show snow storm forecast as parts of U.S. brace for winter weather
A procession of winter storms is forecast to bring snow, sleet, ice and potentially flood-inducing rain to sprawling bands of the U.S. this week.CBS News - Feb. 11 -
Noaa imposes limits on scientists, sparking concerns over global forecasts
‘Crackdown on climate’ predicted as oversight enacted over agency staffers’ email and meetings with foreign nationals. The US National Oceanic and Atmospheric Administration (Noaa) has placed ...The Guardian - Feb. 12 -
Japan's Sony raises forecast on solid results in its game business
Japanese electronics and entertainment company Sony is reporting a 3% gain in October-December profit, and raised its full-year forecastABC News - Feb. 13 -
Social Security COLA could fall in 2026, forecasts say
Social Security’s cost-of-living adjustment may be slightly lower in 2026, even as inflation remains high.MarketWatch - Feb. 13 -
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For-Profit Companies Can’t Easily Replace NOAA’s Weather-Forecasting Prowess
Replicating the abilities of the National Oceanic and Atmospheric Administration’s fleet of weather satellites would take time and a lot of money—and expose private companies to a large amount of ...Wired - 5d -
Eastern U.S. endures flooding with snow forecast to hit Northeast
Water submerged cars and buildings in Kentucky and mudslides blocked roads in Virginia.CBS News - 4d -
Reeves faces bigger UK budget threat as OBR attacked for bullish forecasts
Chancellor may need to look at deeper spending cuts if fiscal watchdog revises productivity expectationsFinancial Times - 3d -
"Life-threatening cold" to grip central U.S., forecasters say
A polar vortex was expected to grip the Rockies and northern Plains after winter storms pummeled the eastern U.S.CBS News - 3d -
Bumble investors shrug off revamp, shares drop as forecast disappoints
Shares of Bumble Inc. slid after hours on Tuesday after the dating app forecast first-quarter sales that missed Wall Street’s expectations, as it tries to reinvent itself to help users better connect.MarketWatch - 1d -
Walmart shares fall upon disappointing forecast, fueling US spending worries
World’s largest retailer expects inflation-weary consumers to pull back after shares hit record high of $105 last week. Walmart on Thursday forecast sales and profit for its latest fiscal year ...The Guardian - 4h -
The Magical Metric You’re Probably Missing
All metrics are vanity metrics without context, so be absolutely sure you’re paying attention to this one above all.Inc. - 6d -
Panel rules for Lore, A-Rod in Timberwolves sale
The ownership transfer of the Minnesota Timberwolves must continue as planned, after an arbitration panel ruled Monday that controlling owner Glen Taylor must cede control of the club to partners ...ESPN - Feb. 11 -
Annuity sales soar to 10-year high
Higher rates and economic fears persuade retirees to opt for guaranteed incomesFinancial Times - Feb. 12 -
Santander explored sale of UK business with NatWest
Talks last year came as the British high street lender takes a robust approach to growth ahead of government exitFinancial Times - Feb. 13 -
Beyoncé ticket sale runs smoothly, to fans' surprise
Tickets for Beyoncé's latest UK dates go on general sale on Friday, with prices reaching up to £950.BBC News - 6d -
Blackstone puts First Eagle up for sale for $4bn
Decision to offload the business comes as private equity groups look to capitalise on a flurry of takeover activityFinancial Times - 5d -
PlayStation Just Had Its Best Sales Quarter Yet, PS5 Lifetime Sales Now At 75 Million
The PlayStation 5 has reached a new milestone, as Sony revealed that the console has enjoyed its best sales quarter to date. In its financial results for the three months that ended on December 31, ...GameSpot - Feb. 13 -
At least 30 missing after China landslide
Hundreds of emergency workers are searching for survivors, officials say, in Jinping village, Sichuan province.BBC News - Feb. 8 -
Coast Guard locates wreckage of missing plane in Alaska
The Coast Guard has located the wreckage of a plane carrying 10 people that went missing in Alaska just before its scheduled landing. Three people were reported to be deceased inside, while the ...NBC News - Feb. 8 -
Missing Alaska flight found with no survivors: What to know
A small commuter aircraft that crashed in western Alaska Thursday was found on sea ice on Friday, with officials announcing that all 10 individuals aboard died. This incident marks one of the most ...The Hill - Feb. 8 -
Here's the biggest news you missed this weekend
Philadelphia's defense denied Kansas City a three-peat. And Democrats are struggling to keep up with the pace of Trump’s executive orders.NBC News - Feb. 9 -
Family 'heartbroken' as missing sailor named as London father
Charles Todd issued a mayday call from his yacht as Storm Herminia hit the Bay of Biscay.BBC News - Feb. 11 -
Bodies found in river in Aberdeen confirmed as missing sisters
Eliza and Henrietta Huszti - both 32 and originally from Hungary - disappeared in Aberdeen on 7 January.BBC News - Feb. 11