Finance News – U.S.
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Maker of Tommy Bahama says consumer caution is affecting ‘fundamentally everything we sell’
Oxford Industries Inc. reduced its annual earnings forecast due to challenging market conditions and increased U.S. tariffs, which have impacted sales across its Tommy Bahama and L...
Read Full Article →Lululemon’s shares sink on forecast. One analyst says it’s ‘rolling over’ while competition increase...
Lululemon’s stock declined following a revised profit outlook and quarterly projections that fell below market estimates, highlighting concerns about its growth potential amid inte...
Read Full Article →Bad Bunny was a hit for Calvin Klein — but not enough to shield profit outlook from tariffs
Despite strong sales driven by popular collaborations, PVH Corp. reduced its annual profit forecast due to the financial pressures caused by increased tariffs affecting imports to...
Read Full Article →Best Buy’s stock drops after it cuts profit outlook on tariff impact
Best Buy’s revised earnings forecast, influenced by ongoing tariff costs, has led to a decline in its stock value due to anticipated impacts on the company's financial performance.
Read Full Article →Abercrombie & Fitch soars more than 15% even as retailer slashes profit outlook due to tariffs
Despite anticipating a $50 million earnings hit from tariffs and slower growth in its flagship brand, Abercrombie & Fitch's stock increased by over 15%, reflecting investor optimis...
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