Retail Stock Soars to Record Highs After Earnings
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[A livestream from SpaceX of commentary and the launch is slated to start at 8:52 a.m. ET. Please refresh the page if you do not see the video player above.]SpaceX is set to attempt a third test flight of its Starship rocket on Thursday, as the company looks to...
A customer shops for food at a grocery store on March 12, 2024 in San Rafael, California. Justin Sullivan | Getty Images News | Getty ImagesWholesale prices accelerated at a faster than expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy.The producer price...
Check out the companies making headlines before the bell. Under Armour — Shares dropped 5.3% on news that founder Kevin Plank is returning as chief executive to the sportswear company. Plank's return is a clear signal that UAA's strategy is not working, Evercore ISI said, downgrading shares to underperform from...
Home Depot said Thursday that it will open four new distribution centers as it chases more sales from remodelers, contractors and other home professionals. The new distribution centers are expected to open in the first half of the year in Detroit, Los Angeles, San Antonio and Toronto. The facilities make...
A sign inside a Dollar General store in Chicago.Jim Young | ReutersDiscount retailer Dollar General forecast annual sales above Wall Street estimates on Thursday, banking on more inflation-affected customers buying its cheaper groceries and essentials, sending its shares 6.6% higher premarket.Like rival Dollar Tree, however, Dollar General also projected...
Dick's Sporting Goods logo is seen on the shop in Williston, United States on June 19, 2023. Jakub Porzycki | Nurphoto | Getty ImagesDick's Sporting Goods raised its dividend by 10% on Thursday as the company posted its largest sales quarter in its history and projected another year of growth.Many...