1. Operations & Supply Chain

Macy’s stock pops as inventory, margin improvement help profit beat estimates

Written by Posted on Less than 0 min read

​ ​  ​Macy’s earnings easily topped Wall Street’s expectations. 

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Corporate Strategy

Peloton shares hit all-time low as pressure mounts under new CEO Barry McCarthy

Peloton shares tumbled to an all-time low Friday as investors lose hope that the connected fitness equipment maker can turn itself around. View Original Article Executives Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Shopper & Customer

As consumer spending rises, Costco remains the discount retailer to own

Fresh economic data and retail earnings showed consumers are still spending on essential goods, a trend that bodes well for Costco (COST). View Original Article Costco Data & Insights Dept. Fresh Results & Investment Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Trends & External Forces

Federal prosecutors ask judge to postpone SEC case in alleged New Jersey deli stock fraud

Federal prosecutors want the SEC to postpone their civil case against the suspects behind the $100 million New Jersey deli. View Original Article Dept. Deli Dept. Fresh Prepared Legal & Criminal Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Department: Consumer Durables

Lululemon raises guidance as customers keep spending despite higher prices

Lululemon expects the momentum in its business to continue in spite of broader economic headwinds. View Original Article Economy Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Zales owner Signet buys online jewelry brand Blue Nile to bolster its portfolio

Signet Jewelers said Tuesday that it will acquire online jewelry retailer Blue Nile for $360 million in an all-cash deal. View Original Article Acquisition CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Operations & Supply Chain

Inventory problems at Children’s Place could benefit our red-hot off-price retail stock

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. View Original Article Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Associates & Employees

Starbucks to hike wages for union workers as it thaws relationship with Workers United

Starbucks workers at unionized cafes will receive the pay hikes that their nonunion coworkers first collected in May 2022. View Original Article Associates Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Corporate Finance

Jim Cramer’s top 10 things to watch in the stock market Tuesday

​U.S. stocks edge lower in premarket trading, while Ford halts production on its $3.5 billion electric-vehicle battery plant in Michigan amid a strike.  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Channel: Drug

Walgreens beats earnings expectations after omicron-fueled demand for tests and boosters lifted sales

Walgreens Boots Alliance shares fell as demand linked to the coronavirus pandemic slowed and the company ramped up its investments in health-care services. The drugstore chain has drawn foot traffic and higher sales during the pandemic, particularly when Covid cases spike. Walgreens maintained its outlook for the year, despite beating Wall Street’s fiscal second-quarter earnings […]
4 min read
0
4
  1. Shopper & Customer

Foot Locker’s 27% plunge, guidance cut may signal trouble ahead for other retailers

​[[“value”:”Foot Locker shares plunged more than 27% on Friday after a slowdown in consumer spending led to a drop in sales and weak guidance.”]]  View Original Article Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Corporate Finance

CNBC Daily Open: More trouble ahead for U.S. banks

​[[“value”:”Financial stocks had a bad day, thanks to Fitch’s warning of a downgrade and Minneapolis Fed President Neel Kashkari’s comments on tighter regulations.”]]  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Corporate Finance

Foot Locker’s post-earnings plunge could be setting up a buying opportunity

The sneaker retailer’s light earnings guidance overshadowed better-than-expected headline results. Depending on where the dust settles, we may look to step in. View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon to close eight Go convenience stores in cost-cutting move

​   ​  Amazon has been reevaluating its brick-and-mortar presence as it looks to cut costs.    View Original Article Amazon Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Shopper & Customer

Inflation? Recession? Starting Black Friday, holiday shoppers are planning to spend

As Black Friday kicks off the holiday shopping season, we’re getting a clearer picture of how Americans plan to spend amid inflation and recession fears. View Original Article Shoppers Holiday & Events Strategy Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. CPG: Beverage

Coca-Cola sales beat estimates, helped by higher prices

Coca-Cola sales rose as higher prices helped the beverage giant overcome lower volume in North America. View Original Article Dept. Beverage Coca Cola CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Department: Nonfood

Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes

Petco is trying to grab a bigger piece of the pet market by expanding vet care and private label offerings. KEY POINTS Petco CEO Ron Coughlin said customers don’t pull back on pet spending, even if prices go up and budgets get tighter. The company held its first investor day since returning the public market […]
2 min read
0
  1. Shopper & Customer

Lowe’s offers soft sales outlook, warning of a ‘cautious consumer’

​   ​     View Original Article Pricing & Promotions Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's […]
< 1 min read
0
  1. Uncategorized

3 takeaways from our daily meeting: New market leaders, banks report, Club stocks next week

The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Operations & Supply Chain

Third Point could see big returns from small changes at Bath & Body Works

Dan Loeb’s hedge fund expects the retailer can resolve many of its issues by bringing more experience to Bath & Body work’s board. View Original Article Returns CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Dollar/Value

Shares of Dollar Tree fall after company cuts guidance, citing investments in competitive pricing

Shares of Dollar Tree fell after the company cut its financial outlook for the year as it invests in offering more competitive prices at its Family Dollar stores. View Original Article Brick and Mortar Dollar Tree Family Dollar Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized […]
< 1 min read
0
Next