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Earnings Results: AMC lost nearly $1 billion in holiday season, but stock is gaining as executives see better days ahead
AMC Entertainment Holdings Inc. reported a loss of nearly $1 billion in the holiday season to wrap up a woeful year of closed movie theaters, but executives sounded a hopeful note for reopening in 2021......»»
Earnings Outlook: Amazon earnings preview: Prime Day and the holidays mean Amazon will add to its most profitable year
Amazon.com Inc. has already had its most profitable year. But with Prime Day 2020 taking place in October and the holiday shopping season still to be accounted for, the e-commerce giant will only add to the tally......»»
Signet stock soars, holiday e-commerce sales jump 60% year-over-year
Signet Jewelers Ltd. shares rose 6.2% in Thursday trading after the retailer said holiday season sales are expected to beat the Street. Over the past year, the jewelry company's stock has nearly doubled, up 95.3%, while the S.....»»
E-Commerce Shopping Greatly Outpaces Total Growth Rate In 2020 Holiday Shopping
Online sales grew a whopping 49% in this year's holiday shopping season. read more.....»»
US holiday retail sales rise 3.0% - Mastercard report
U.S. ecommerce sales jumped 49% in this year’s holiday shopping season, according to Mastercard SpendingPulse report, underscoring the COVID-19 pandemic’s role in transforming customers’ shopping habits......»»
‘We are struggling’: A bleak Christmas for America’s jobless
Nearly 10 million unemployed Americans face a holiday season they hardly could have foreseen a year ago: Too little money to buy gifts, cook large festive mea.....»»
Here are the busiest days for holiday travel at Orlando International Airport
The air hub expects this year’s Christmas/New Year holiday travel season to be half of what it normally would be......»»
The year of two Christmases: Holiday season exposes widening disparity among American families
Many families are splurging after a tough year, while millions of others say they’re struggling to get by. “How can we think about Christmas when we don’t know how we’re going to survive?".....»»
It’s a made-in-China holiday season for cooped-up Americans
U.S. imports from China are surging as the year draws to a close, fueled by stay-at-home shoppers who are snapp.....»»
Retailers plan for a Black Friday like no other
One of the biggest shopping days of the year will look dramatically different this holiday season as malls and stores enact COVID-19 precautions — .....»»
Lululemon holds back forecast on virus uncertainty as results beat
Lululemon Athletica Inc beat analysts' estimates for quarterly results on Thursday, lifted by strong holiday season demand, but the athletic apparel maker did not provide a full-year forecast as the coronavirus outbreak fuels uncertainty......»»
Macy"s strong holiday season brightens lackluster year
Macy's reported fourth-quarter earnings and sales that outpaced estimates......»»
Walmart sees slowing online sales growth after lackluster holiday quarter
Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holiday season and lower demand for apparel, toys and electronics......»»
Apple earnings climb on strength of iPhone 11 sales, strong holiday season
Apple posted record 2020 first quarter revenues of $91.8 billion, up 9% from the same period a year ago and wa.....»»
Gap pulls plug on Old Navy spinoff to focus on turning around sales
Gap Inc on Thursday scrapped its plan to spin-off Old Navy and said it would instead work to stem dropping sales, while fewer discounts during the holiday season helped full-year earnings, sending its shares up about 4%......»»
This Is How Much It Costs to Get Divorced in Every State
January is unofficially known as divorce month. Divorce filings spike as the holiday season ends. One possible explanation is a desire to start the new year — and a new period in a person’s........»»
GameStop analyst sees ‘zero terminal value’ after outlook
GameStop Corp. shares tumbled on Tuesday, after it reported a steep decline in same-store sales for the holiday shopping season and lowered its guidance for the year......»»
Ryanair raises profit forecast after healthy holiday season
Ryanair raised its full-year profit forecast on Friday after a better-than-expected performance over Christmas and New Year, lifting shares in other airlines as analysts said the outlook boded well for the sector. Francis Maguire reports......»»
Weak holiday sales at Kohl"s, J.C. Penney spell more trouble for stores
Kohl's Corp and J.C. Penney Co Inc reported lower holiday season sales on Thursday, a sign that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year's Day......»»
Weak holiday sales at Kohl"s, J.C. Penney spell further trouble for traditional retailers
Kohl’s said it now expects full-year earnings to come in at the bottom end of an already lowered forecast, blaming weak demand for women’s apparel during the crucial shopping season......»»