An exterior view of the Kohl's store at the Paxton Town Centre near Harrisburg.Paul Weaver | Lightrocket | Getty ImagesKohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change...
People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City. Spencer Platt | Getty ImagesBest Buy on Tuesday cut its full-year sales forecast as it missed Wall Street's quarterly revenue expectations and a fresh batch of iPhones and AI-enabled laptops weren't...
An Abercrombie & Fitch store stands in midtown Manhattan on October 24, 2024 in New York City. Spencer Platt | Getty ImagesAbercrombie & Fitch isn't giving up its crown any time soon. The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth...
Eric Yuan, founder and CEO of Zoom Video Communications, speaks at Concordia Annual Summit in New York on Sept. 25, 2024.Leigh Vogel | Concordia Summit | Getty ImagesZoom shares were flat in extended trading on Monday after the video calling software maker announced strong fiscal third-quarter results and gave...
A shopper carries a Macy's bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty ImagesMacy's on Monday posted preliminary third-quarter results and said it would delay its full earnings release as it completes an investigation of an accounting...
Stock traders on the floor of the New York Stock Exchange.Michael M. Santiago | Getty Images News | Getty ImagesMany large U.S. companies have seen their stocks swell since the presidential election.The top 10 performing stocks in the S&P 500 index saw returns of 18% or more since Election...
Here are the stocks making notable moves after hours. Intuit — Shares of the financial software company fell almost 5% despite an earnings report that beat expectations. Intuit reported $2.50 in adjusted earnings per share on $3.28 billion of revenue for its fiscal first quarter. Analysts surveyed by LSEG...
Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024.Rodin Eckenroth | Filmmagic | Getty ImagesIntuit shares fell 6% in extended trading on Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed...
Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better-than-expected results, leading it to raise its annual guidance for a third time this year. Gap, which runs Old Navy, Banana Republic, Athleta and its namesake banner, is now expecting...
Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim to the curse of high expectations. That's not a concern to us, though, because Nvidia's underlying fundamentals and long-term outlook appear to be as healthy as ever. Revenue...