An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Brandon Bell | Getty ImagesNike will report quarterly earnings on Tuesday as investors brace for another set of less-than-stellar results. The company announced last month that CEO...
A Big Lots store in Los Angeles, California, US, on Saturday, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a court-supervised process, according to people familiar with the...
A Dick's Sporting Goods store at the Los Cerritos Center shopping mall on February 21, 2024 in Cerritos, California. Kirby Lee | Getty Images News | Getty ImagesDick's Sporting Goods on Wednesday blew past Wall Street's earnings estimates in its fiscal second quarter and while the retailer did raise its...
Signage at a Lululemon store in New York, US, on Thursday, Aug. 22, 2024. Lululemon Athletica Inc. is scheduled to release earnings figures on August 29. Yuki Iwamura | Bloomberg | Getty ImagesLululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after...
A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesAmerican Eagle missed Wall Street's sales targets for a second quarter in a row on Thursday, but profits grew by nearly 60% thanks in part to lower product...
An Abercrombie & Fitch store in New York, US, on Monday, Nov. 20, 2023. Abercrombie & Fitch Co. is scheduled to release earnings figures on November 21. Stephanie Keith | Bloomberg | Getty ImagesAbercrombie & Fitch's revenue grew 21% during its fiscal second quarter as the apparel company builds on...
Is this the beginning of Foot Locker's comeback story?The beleaguered sneaker company on Wednesday said comparable sales grew for the first time in six quarters as its efforts to refresh its stores and improve the customer experience continue to bear fruit. Foot Locker's same-store sales grew 2.6% during its fiscal...
Signage outside a Nordstrom Rack retail store in New York on Aug. 25, 2022.Gabby Jones | Bloomberg | Getty ImagesNordstrom on Tuesday posted earnings that blew past Wall Street's expectations, indicating the department store is making strides in its efforts to cut costs and boost efficiencies. Though the Seattle-based retailer...
Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment for a fraction of the typical retail price.The used equipment activation fee for subscribers in the U.S. and...
Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The beleaguered connected fitness company, which is currently being run by two board members after former CEO Barry McCarthy...