What to Watch For in Macy’s Q3 Report

Macy’s Inc. (NYSE: M) is scheduled to release its fiscal third-quarter financial results before the markets open on Wednesday. Thomson Reuters consensus estimates are calling for $0.14 in earnings per share (EPS) and $5.4 billion in revenue. In the same period of last year, the retailer said it had $0.23 in EPS and $5.28 billion in revenue. Recently, Macy’s announced […]

Read more

55 Retailers Announce Black Friday Hours

There have been spotty releases about hours when retailers plan to open on Thanksgiving and Black Friday as they jockey to fulfill demand in a troubled retail market. Some retailers will not be open at all on Thanksgiving. Others will open late in the day, close overnight and then reopen very early on Black Friday. There is no pattern to […]

Read more

Farfetch shares rise in early trading after revenue beats expectations

Farfetch Ltd. FTCH, +7.48% shares rose 1.2% in early Friday trading after reporting third-quarter sales that beat expectations. This is Farfetch’s first earnings announcement after going public. Farfetch is a luxury fashion marketplace. The company reported a loss of $77.3 million, or 30 cents per share, after a loss of $28.2 million, or 12 cents per share, last year. Revenue […]

Read more

Etsy’s stock soars toward biggest gain in over 3 years after earnings beat

Shares of Etsy Inc. ETSY, +26.84% shot up 27% in active midday trade, putting them on track for the biggest one-day gain in over three years, after the online marketplace reported better-than-expected third-quarter earnings and revenue. Trading volume jumped to 8.0 million shares, compared with the full-day average of about 2.3 million shares. Analyst Scott Devitt raised his stock price […]

Read more

FTSE 100 ends lower thanks to Wm. Morrison, strong pound

U.K. stocks ended Tuesday’s session slightly lower, as a decline in shares of supermarket giant Wm. Morrison Supermarkets PLC and tobacco giant British American Tobacco PLC dragged the index down. A strong British pound versus its key rivals, spurred by Brexit hopes, also contributed to the FTSE 100’s decline. The FTSE 100UKX, -0.89% closed 0.9% lower at 7,040.68, reversing Monday’s […]

Read more

7-Eleven in Indonesia was popular — but that didn't save it from failure 

Indonesia’s first 7-Eleven opened in 2009 and became a popular hangout spot for consumers. At their peak in the Southeast Asian country, they numbered 190 stores, offering free Wi-Fi and a seating area for guests while selling fresh local meals and traditional 7-Eleven snacks like the Slurpee. Despite the chain’s popularity, the franchisee, PT Modern Internasional, shuttered all remaining 161 […]

Read more

Elf Beauty shares soar nearly 19% after a sales boost from Target

ELF Beauty Inc. shares soared nearly 19% in early Tuesday trading after the cosmetics company got a little help from big-box retailer Target Corp., which drove better-than-expected third-quarter sales results. Elf Beauty ELF, +19.19%  reported sales of $63.9 million, a decline from $71.9 million last year, but ahead of the $60.1 million FactSet consensus. Earnings of 8 cents per share […]

Read more
1 2 3 12