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Macy"s forecasts upbeat 2021 sales
The upbeat outlook from the U.S. retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong online demand eased the blow from the health crisis......»»
Earnings Results: Take-Two earnings, outlook top Wall Street estimates on strong holiday quarter
Take-Two Interactive Software Inc. reported a better-than-expected outlook and results in the extended session Monday as sales gained a holiday boost during the COVID-19 pandemic but shares of the videogame publisher slipped after hours......»»
Strong sales in China help Coach parent Tapestry beat earnings expectations
Coach, Kate Spade and Stuart Weitzman parent Tapestry, Inc. said although sales dropped 7% over the holiday shopping period it expects full-year revenue to reflect a 10% increase thanks to strong digital sales and gains in China. Joanne C.....»»
Despite record stock surge, GameStop is still struggling to stay afloat
Sales have fallen 10 of the last 11 quarters, even as the pandemic has lifted the overall video game industry. "You can see the brick wall at the end of the tunnel.".....»»
Target thrives online and in stores despite pandemic
Target's strong sales streak extended through a pandemic-shrouded holiday season after a hard push online and an increased effort to provide a.....»»
Dogness International reports "strong 2020 holiday sales"
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Online sales have spiked over 1,500% at struggling video game retail giant GameStop, according to a new report (GME, NTDOY, ATVI)
Ben Gilbert/Business Insider GameStop is, by far, the world's largest video game retailer. The company has been in trouble for years for a variety of reasons, but its greatest challenge is the ongoing shift from physical game .....»»
Campbell Soup Co."s stock sizzles on strong profit, debt reductions
Campbell Soup Co. topped second-quarter earnings expectations on a better-than-expected holiday sales season, sending shares up in trading on Wednesday. The stock was trading at $50.83 as of 12:45 p.m, an increase of more than 6%. Camden-based Cam.....»»
Target sales dinged by shortened holiday season
NEW YORK (AP) — Target reported strong fourth-quarter profits, though its sales were weighed down weak toy and electronics sales during the crucial holiday shopping season. Target joins a string o.....»»
Best Buy bucks holiday sales trend
Strong sales of mobile phones, tablets and headphones helped Best Buy post quarterly profit and sales that beat expectations. As Fred Katayama reports, its investment in its e-commerce operations is paying off......»»
Home Depot beats sales and profit estimates on housing market strength
Home Depot Inc beat quarterly sales and profit estimates on Tuesday, boosted by a strong U.S. housing market and demand during the holiday season......»»
Macy"s strong holiday season brightens lackluster year
Macy's reported fourth-quarter earnings and sales that outpaced estimates......»»
Macy"s shares jump 5.8% premarket after earnings beat driven by strong holiday sales
Macy's Inc. shares rose 5.8% in premarket trade Tuesday, after the company beat estimates for th.....»»
Earnings Results: Sonos tops expectations as new products, promotions drive strong holiday sales
Sonos Inc. had a stronger-than-expected holiday quarter fueled by new products like a portable speaker and a partnership with IKEA......»»
Macy’s is closing 125 stores and laying off 2,000 employees
The struggling retailer, which has been seeking to shore up sales after a disappointing holiday season, will close about a fifth of its stores......»»
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.....»»
AmEx profit beats on strong U.S. holiday season spending
Credit card issuer American Express Co reported a fourth-quarter profit on Friday that beat analysts' estimates, as more people used its cards for shopping and paying bills while a strong U.S. retail sales environment also helped......»»
This is why Signet Jewelers’ stock had its best day in more than 27 years
Shares of Signet Jewelers Ltd. blasted off Thursday, to their biggest one-day gain since the mid-1990s, after a strong holiday sales performance helped flip the fourth-quarter sales outlook to growth from a decline......»»
GameStop"s disastrous holiday sales signal more pain ahead
The video game retailer is quick to blame cyclical headwinds -- but a better-run business might have fared better......»»
The real warning in Target"s holiday sales: Toys are in trouble
Target didn't have the strong holiday in the toy department that many expected, and the news sent shares of toy makers Hasbro and Mattel lower......»»