Category: Retail News
Peloton shares tumble after company offers weak holiday quarter outlook
Peloton reported a wider-than-expected loss and a steeper decline in revenue than analysts projected, while offering a weak holiday-quarter outlook. [...]
Restaurant Brands’ earnings top estimates as sales rise at Burger King, Tim Hortons
Restaurant Brands reported quarterly earnings that beat analysts' expectations, fueled by sales growth at Burger King and Tim Hortons. [...]
Ye paid a settlement to former employee who alleged he praised Hitler and Nazis during meetings, documents show
Additionally, six people who have worked with Ye or witnessed him in professional settings over the past five years told NBC News that they had heard [...]
We still see Estee Lauder shares as a buy on weakness despite downbeat guidance
For Estee Lauder (EL), it's all about China; and we believe it's better to be opportunistic ahead of any change in Covid restrictions there. [...]
2 takeaways from our daily meeting: Stocks await Fed decision, Club earnings recap
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Bed Bath & Beyond’s chief customer and technology officer resigns
Bed Bath & Beyond's chief customer officer, Rafeh Masood, has resigned, effective next month. [...]
Yum Brands earnings miss despite stronger sales at KFC and Taco Bell
Yum Brands missed Wall Street's earnings estimates but beat quarterly revenue expectations. [...]
CVS Health raises outlook as third quarter results beat estimates
CVS Health beat Wall Street's expectations in its third quarter earnings report. The company also announced an opioid settlement. [...]
Bullish on Estee Lauder, Starbucks, even as China set to hold back earnings
China's strict zero-Covid policy is a temporary overhang for Club holdings Starbucks (SBUX) and Estee Lauder (EL) that could weigh on earnings this we [...]
A ‘resale revolution’: Affluent shoppers embrace secondhand shopping
The resale business is now growing twice as fast as the broader retail market, helped, in part, by a surge of affluent shoppers. [...]