Spectacular Growth Continues for Luxury Brand Michael Kors
Before markets opened Wednesday morning, Michael Kors reported fourth-quarter fiscal 2014 results that exceeded consensus estimates. European revenue grew 125% year-over-year.
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Newest first · Page 233Walmart Needs a New Board
Walmart needs a new board. The conclusion of a recent report about Walmart's need for more independent directors was not aggressive enough to solve Walmart's severe governance flaws.
Who’s Wearing the Black Hat, Amazon or the Book Publishers?
In a dispute that pits Amazon.com against Paris-based publisher Hachette Book Group, Amazon is being portrayed as the villain. It is worth remembering the background to this dispute.
First-Quarter Retail Earnings Downright Awful So Far
ThinkstockBy the end of last week, some 70% of retailers on the Retail Metrics Retail Earnings Index had reported first-quarter earnings, and the news has not been good. Retailers are missing expectations by an…
Aeropostale Stock Sells at 25% Off
When teen retailer Aeropostale reported first-quarter results after markets closed Thursday night, the sky fell in. Shares traded down 17% after hours, and the carnage continued Friday morning.
Foot Locker Set to Post a New All-Time High After Earnings
Foot Locker reported better-than-expected first-quarter 2014 results before markets opened Friday morning. Shares were up about 5% in premarket trading, which would be a new 52-week high if it holds.
Thousands of Major Retailer Locations Could Close This Year
As retailers post poor earnings, the possibility that major retailers will eliminate thousands of locations in total has increased. Some announcements about "downsizing" have already been made.
Analyst Calls Sears Worth Only $20
Sears Holdings keeps posting losses on top of losses, and it has been evident for quite some time that Eddie Lampert should have stuck to running hedge funds.
Sears Shows That It May Never Be Profitable Again
Sears Holdings reported a larger-than-expected net loss for the first quarter before markets opened on Thursday. The beleaguered retailer did not provide guidance in its earnings press release.
Dollar Tree Narrows Guidance but Still Expects Growth
Before the markets opened Wednesday morning, Dollar Tree reported first-quarter fiscal 2015 results that were just okay and the company narrowed its guidance, but shares rose in premarket trading.
Best Buy Results Could Force New Lows
Retailer Best Buy reported mixed first-quarter fiscal 2015 results before markets opened Thursday morning. Shares were down about 3.5% in premarket trading.
Target Earnings Overshadowed by Top Management Firings
Target reported disappointing first-quarter 2014 results before markets opened Wednesday morning and guided current quarter and full-year estimates below expectations.
Tiffany Earnings Covered in Diamonds
Tiffany & Co. reported better-than-expected first-quarter 2014 results before markets opened Wednesday morning. The company used the occasion to raise its guidance.
J.C. Penney Stock Headed Downhill Again
J.C. Penney took a downgrade Tuesday morning from analysts at Wells Fargo. The stock was lowered from Market Perform to Underperform and the shares reacted as you might expect.
Can Staples Ever Have a Good Earnings Report Again?
Staples must have forgotten how to tell people they have an "Easy Button." The office supplies leader is out with yet another dismal earnings report. Will Staples ever have a decent earnings report again?