Dollar Tree’s shares sink, as CEO says ‘challenging’ economy is pressuring discounter
Dollar Tree raised its sales outlook for the year but narrowed its earnings guidance. [...]
Subway sandwich chain sells itself to Dunkin’ owner Roark Capital
The Roark deal ends more than five decades of private family ownership for Subway. [...]
Foot Locker’s financial troubles are much worse than feared, leading us to reevaluate the stock
Foot Locker (FL) reports a terrible quarter and lowers guidance. The specialty retailer also pauses its dividend. [...]
Juul to cut 30% of its workforce in bid to cut costs and boost profitability
Juul is awaiting a decision from U.S. regulators on whether its products can remain on the market. [...]
Nike heads toward record 10th straight losing day as Foot Locker woes, China slowdown hit stock
Shares of Nike fell Wednesday for the 10th straight day, putting it on track for its longest losing streak since it went public in 1980. [...]
We’re adding more shares of this premier coffee giant, buying the dip since earnings
The reported quarter wasn't bad, but expectations were low. [...]
As mega cap tech stocks climb higher, we’re watching this ‘retail margin story’
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Foot Locker shares plunge more than 30% as it slashes guidance and blames ‘consumer softness’
Athletic apparel retailer Foot Locker reported another quarterly sales decline and missed revenue expectations as consumers continue to pull back from [...]
Peloton shares drop 20% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
Peloton's shares plunged 20% after the company posted a wider-than-expected loss and churn that it blamed on its Bike seat recall and seasonality. [...]
Bank of America downgrades Dick’s Sporting Goods after worst day on record
The firm cited headwinds and margin pressure ahead for the athletic retail company, on the back of its latest quarterly results. [...]