Chewy’s stock jumps 3% premarket after profit beats by a wide margin
Chewy now has 20 million active customers and net sales per active customer are a record $565.
Foot Locker’s stock drops after profit beat forecasts but outlook was unchanged
Foot Locker’s stock was headed for a fall Wednesday, after the athletic shoe and apparel retailer reported quarterly results that beat expectations, but kept its...
Smucker beats profit estimate but lowers its full-year earnings view
J.M. Smucker Co.’s stock was down 2.4% in premarket trading Wednesday after the packaged food giant reduced its full-year profit outlook, although it topped analyst...
Abercrombie beats Q2 earnings estimate and raises outlook, but shares slide
Abercrombie & Fitch Co. reported better-than expected second-quarter earnings and raised its full-year outlook before market open Wednesday, boosted by strong performance in the Americas.
Abercrombie & Fitch posts 21% sales gain, hikes outlook despite ‘increasingly uncertain environment’
Abercrombie & Fitch has become one of Wall Street's biggest retail winners and the company plans to keep up the growth by expanding into international...
Maker, now Sky, faces backlash over USDS stablecoin’s freeze function
Sky’s USDS stablecoin has a freeze function, raising decentralization concerns. Rune Christensen, Sky’s co-founder, says the freeze function won’t be active at launch. Sky’s website...
Ryanair boss calls for two-drink limit at airports as inflight violence rises
The CEO of Europe’s largest budget airline, Ryanair, has called for an alcohol limit at airport bars amid claims drunken and drugged passengers are disrupting...
GSK shares jump on win in Delaware court over ongoing Zantac battle
Delaware’s top court ruled in GSK’s favor in saying it will review the admissibility of expert evidence in an upcoming trial over possible cancer risks...
Here’s how Nvidia can keep crushing its AI rivals and the stock market
Tech giant must hurdle 3 major obstacles that could potentially disrupt growth.