Category: Retail News
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. [...]
Abercrombie & Fitch shares soar more than 15% as retailer blows past earnings estimates, raises guidance
Abercrombie & Fitch has posted strong sales, even as other retailers see a weaker and choosier consumer. [...]
Starbucks adds third pumpkin drink to fall menu as chain celebrates 20 years of the pumpkin spice latte
This fall marks the 20th anniversary of the coffee chain's iconic pumpkin spice latte. [...]
Here are 6 stocks dominating the AI trade and 3 more that stand to benefit down the road
We surveyed the current artificial intelligence landscape — and with the help of a Goldman Sachs note, explored the AI trade after the trade. [...]
UPS workers approve massive new labor deal with big raises
The agreement is the largest collective bargaining agreement at a private-sector employer based on number of workers. [...]