Gap shares pop 20% as earnings beat on sales growth at all four brands
A Gap store in New York, US, on Monday, May 27, 2024. Gap Inc. is scheduled to release earnings figures…
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Best Buy jumps 13% as cost-cutting preserves profits despite sluggish sales
Best Buy on Thursday missed Wall Street’s quarterly sales expectations but stressed higher profits and lower costs as softer demand…
FAA won’t clear Boeing to increase 737 Max production for several months, agency head says
Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west…
Kohl’s stock plummets more than 20% after massive earnings miss
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York.Scott Mlyn | CNBCKohl’s shares plummeted more than…
Foot Locker’s turnaround is showing signs of life, CEO sees consumers willing to pay full price
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
Foot Locker stock surges 20% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
Pending home sales in April slump to lowest level since the start of the pandemic
A “sale pending” sign is posted in front of a home for sale in San Anselmo, California, on Nov. 30,…
Foot Locker stock surges 30% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women’s pro league sports
Napheesa Collier #24 of the Minnesota Lynx shoots a free throw during the game against the New York Liberty on…
Foot Locker stock surges 13% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first…
American Airlines shares tumble 13% after sales strategy backfires; carrier cuts growth
An American Airlines’ Embraer E175LR (front), an American Airlines’ Boeing 737 (C) and an American Airlines’ Boeing 737 are seen…
Nelson Peltz sells entire Disney stake weeks after losing proxy battle
Activist investor Nelson Peltz has sold his entire stake in Disney, a person familiar with the matter tells CNBC.Peltz sold…
American shares tumble 13% after sales strategy backfires; carrier cuts growth
An American Airlines’ Embraer E175LR (front), an American Airlines’ Boeing 737 (C) and an American Airlines’ Boeing 737 are seen…
Dick’s Sporting Goods stock surges 16%, as retailer says shoppers are spending more on sneakers, apparel and athletic gear
A shopping cart sits in front of a Dick’s Sporting Goods store on August 26, 2020 in Daly City, California. Justin…
Abercrombie & Fitch shares surge 24% as retailer’s torrid growth shows no signs of slowing
Abercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning streak that again exceeded…
AST SpaceMobile stock surges 69%, its best day ever, after Verizon satellite internet deal
The company’s Block 1 BlueBird satellites undergoing thermal vacuum testing in preparation for launch.AST SpaceMobileSatellite-to-phones service provider AST SpaceMobile stock…
McDonald’s exec says average menu item costs 40% more than in 2019
A sign is posted in front of a McDonald’s restaurant in San Leandro, California, Feb. 6, 2024.Justin Sullivan | Getty…
American Eagle profit soars, but sales grow slower than expected
An American Eagle Outfitters store in New York, US, on Monday, May 27, 2024. American Eagle Outfitters Inc. is scheduled…
Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled airbags
A Nissan Sentra sits on the lot of a dealership in Evanston, Illinois, on Nov. 12, 2010.Scott Olson | Getty…
Abercrombie & Fitch shares surge nearly 20% as retailer’s torrid growth shows no signs of slowing
Abercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning streak that again exceeded…
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