Finance News – Retailer
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H&M to shed light on turnaround amid consumer confidence slump
H&M’s upcoming financial report is anticipated to reflect modest sales growth as the company aims to demonstrate progress in its recovery efforts despite ongoing weak consumer sent...
Read Full Article →‘Not an attractive place to shop’: how Poundland lost its appeal to shoppers
The budget retailer reported a pre-tax loss exceeding £51 million last year, reflecting challenges in attracting customers as increased prices and strong competition impact its mar...
Read Full Article →Lululemon cutting 150 corporate jobs as athleisure brand braces for tariff impact
Lululemon Athletica Inc. is reducing its corporate workforce by approximately 150 positions to adjust its operations in response to expected increased costs from new trade tariffs.
Read Full Article →Dunelm’s ‘market-beating’ potential hailed as shares rocket
Investors are optimistic about Dunelm’s growth prospects as the company’s expanding product range and increasing customer engagement contribute to a significant surge in its stock...
Read Full Article →Gap revived its brand identity. Here's what investors are keeping an eye on next
Gap's efforts to refresh its image have shown progress, yet financial watchers remain cautious due to ongoing tariff challenges and weaker performance from related brands like Bana...
Read Full Article →Bitcoin Treasury Firm GameStop Boosts Convertible Bond Offering to $2.25 Billion
GameStop’s decision to increase its convertible bond issuance to $2.25 billion reflects a strategic effort to enhance liquidity and support its financial operations amid recent sto...
Read Full Article →Roots reports $7.9-million Q1 loss, CEO says ‘pullback’ not seen in consumer sales
The company experienced a $7.9 million deficit in the first quarter, reflecting a slight improvement in per-share losses compared to the previous year's corresponding period.
Read Full Article →RH, slammed by tariff fears in April, is now rallying. Here’s why.
RH’s unexpected first-quarter profit and commitment to shifting furniture manufacturing away from China have positively influenced investor confidence, contributing to the company’...
Read Full Article →Shares of RH jump as luxury retailer takes steps to blunt tariff impact
RH's recent strategic actions to address increased import costs have positively influenced investor confidence, despite challenges posed by a difficult housing market and ongoing e...
Read Full Article →GameStop shares tank 20% as retailer reveals convertible debt offering, trading cards plan
The company’s decision to issue $1.75 billion in convertible notes aims to finance its bitcoin acquisition, impacting investor sentiment and contributing to a notable decline in it...
Read Full Article →M&S hackers sent abuse and ransom demand directly to CEO
The cyberattack targeting the retailer's leadership involved threats and financial demands, potentially resulting in significant monetary losses and heightened security expenses fo...
Read Full Article →Sports Direct pricing practices ‘may be breaking the law’, Which? says
The consumer group alleges that the retailer's pricing methods might be deceptive, potentially affecting shoppers' perceptions of discounts and prompting a regulatory investigation...
Read Full Article →Lower-income consumers missing out on pay rises fuels fall in sales at B&M
The retailer experienced decreased revenue and profits as consumers with limited income faced stagnant wages, leading to reduced spending amid difficult market conditions in the UK...
Read Full Article →Dollar General earnings are good news for investors — and bad news for the economy
Dollar General’s strong quarterly results have boosted its stock value, benefiting shareholders, while simultaneously raising concerns about potential negative impacts on overall e...
Read Full Article →M&S boss Machin’s pay jumped 39% to £7.1mn ahead of cyber attack
The company’s leader received a substantial salary increase to £7.1 million, reflecting strong prior performance despite anticipated reductions following the recent cybersecurity i...
Read Full Article →JD Sports: CEO’s bonus cut as FTSE 100 giant loses £1bn profit race to Next
JD Sports’ financial performance impacted executive compensation as the company reported lower profitability compared to a rival, influencing the CEO’s bonus despite an increase in...
Read Full Article →M&S: FTSE 100 share price growth helps swell CEO’s pay before cyber attack
The increase in Marks & Spencer's stock value prior to a significant cybersecurity incident contributed to the chief executive's compensation exceeding £7 million for the most rece...
Read Full Article →Watch These Gap Price Levels as Stock Plunges After Retailer Warns of Tariff Hit
Investors are closely monitoring key support and resistance points amid the stock's decline following the retailer's announcement of potential revenue impacts caused by increased i...
Read Full Article →Shoe Carnival Tops Profit Forecasts as Retailer Continues Rebranding Effort
The company reported higher-than-expected earnings this quarter, reflecting positive outcomes from its ongoing brand transformation initiatives aimed at strengthening market positi...
Read Full Article →Gap Stock Tumbles as Retailer Estimates $100M to $150M Tariff Impact
The retailer anticipates a substantial cost increase due to tariffs, which is expected to affect its financial performance and has led to a notable decline in its stock price.
Read Full Article →Gap shares plummet as retailer says tariffs could cost between $100 million and $150 million
Despite surpassing analysts' revenue and profit forecasts, the company anticipates that recently imposed tariffs may result in substantial additional expenses ranging from $100 mil...
Read Full Article →Ulta Beauty is warning about consumer ’uncertainty.’ It still nudged its forecast higher.
Ulta Beauty raised its projected earnings despite caution regarding unpredictable consumer spending trends influenced by ongoing tariff issues and inflation, prompting a positive r...
Read Full Article →Gap sees sales stalling, and puts a number on the extra cost of tariffs
Gap Inc. experienced a decline in stock value as the company projected stagnant sales for the current quarter and highlighted increased expenses resulting from additional import du...
Read Full Article →GameStop Slides Another 6% as Investors Sell the Bitcoin Buy News
The announcement of GameStop purchasing a substantial amount of cryptocurrency prompted a decline in its stock price as shareholders opted to reduce their holdings following the ne...
Read Full Article →Best Buy Stock Tumbles as Retailer Lowers Outlook on Tariffs Hit
The decline in Best Buy’s shares reflects investor concerns about reduced profit expectations following the company’s announcement of increased costs related to recent trade tariff...
Read Full Article →Kohl's Stock Surges as Struggling Retailer Posts Smaller-Than-Expected Loss
Kohl's experienced a notable increase in its share price following the announcement of financial results that revealed a narrower loss than analysts had anticipated this quarter.
Read Full Article →Abercrombie’s stock back in rally mode as outlook shows tariffs won’t hurt sales
Abercrombie’s shares surged significantly following strong quarterly results, driven by increased sales at Hollister and a more positive forecast indicating minimal impact from tra...
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...
Read Full Article →GameStop Stock Dives After Retailer Announces $512 Million Bitcoin Buy
The company’s decision to invest a substantial amount in cryptocurrency led to a notable drop in its stock value, reflecting investor uncertainty about the impact on overall busine...
Read Full Article →Abercrombie & Fitch stock soars 25% as sales beat estimates
Shares of Abercrombie & Fitch experienced a notable increase following the release of their quarterly financial report, which revealed stronger sales performance than analysts had...
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