1. Trends & External Forces

Nike reports sales growth driven by North American demand, delays outlook amid global unrest

Written by Posted on Less than 0 min read

Nike said it will provide a more detailed outlook for fiscal 2023 when it reports fourth-quarter results.

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. Department: Food

Home Depot says the worst of inflation is over — that could be good news for retailers and shoppers

​ ​  ​[[“value”:”With its comments, Home Depot gave fresh hope that relief could be coming for consumers or the broader economy.”]]  View Original Article Consumers Dept. Fresh Economy Home Depot Shoppers 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. Trends & External Forces

Hydrow raises $55 million as the at-home fitness industry faces a post-lockdown reckoning

Rowing-machine maker Hydrow has landed another $55 million in funding to fuel its growth amid a shakeout in the at-home fitness industry. View Original Article Dept. Fuel 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 […]
< 1 min read
0
  1. Department: HBC

Poseidon Dynamic Cannabis ETF to close as investors lose interest in marijuana industry

​[[“value”:”The Poseidon Dynamic Cannabis ETF is closing up shop and cashing out to its shareholders nearly two years after it launched and following a sharp drop.”]]  View Original Article Dept. HBC Cannabis 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. Corporate Finance

Strong earnings and an online advertising play by Walmart have us wondering about Costco

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. View Original Article Costco Walmart 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. Uncategorized

Jim Cramer’s Investing Club meeting Wednesday: Fed speech, stock picks, Alphabet’s costs

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. Stores & Formats

Babies R Us attempts comeback, plans to open store at American Dream mall in New Jersey

[[ AFP ]]  View Original Article 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 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's articles? […]
< 1 min read
0
  1. Holiday & Events

Black Friday online sales top $9 billion in new record

Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe. View Original Article Consumers Technology & Innovation Holiday & Events 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 […]
< 1 min read
0
  1. Shopper & Customer

Retail sales growth sluggish in August as consumers fight to keep up with inflation

Advance retail sales for the month increased 0.3% from July, better than the Dow Jones estimate for no change. View Original Article Consumers Economy 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 content […]
< 1 min read
0
  1. Department: Consumer Durables

Abercrombie & Fitch beats holiday estimates as sales soar again, helped by higher prices

Abercrombie & Fitch has been on a rollercoaster of growth over the last year and Wall Street will be keen to see if it can sustain the momentum. View Original Article Dept. Apparel Holiday & Events Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Corporate Strategy

Activist investor Blackwells aims to call on Peloton to fire CEO, explore sale

An activist is pushing Peloton to fire its chief executive officer and consider a sale as its share price has plummeted, according to a person familiar. View Original Article Executives 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 […]
< 1 min read
0
  1. Corporate Strategy

Starbucks unveils plan to add 17,000 locations by 2030, cut $3 billion in costs

​[[“value”:”The announcement marks the latest stage in the company’s broader “reinvention” strategy, which was laid out by former CEO Howard Schultz.”]]  View Original Article Executives Strategy Restaurants Predictions and Forecasts 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 […]
< 1 min read
0
  1. Trends & External Forces

Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices

The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation. View Original Article Dept. Grocery Economy Shoppers Predictions and Forecasts Walmart 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: Restaurants

Starbucks fired the employee responsible for igniting the Starbucks Workers United union campaign

​   ​  [[“value”:”Starbucks fired the employee responsible for igniting the Starbucks Workers United union campaign.”]]    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 than 355 million people […]
< 1 min read
0
  1. Trends & External Forces

Life Time stock plummets as company spends more on premium fitness experience

​[[“value”:”Life Time said the investments — including new pickleball courts and personal training programs — have helped drive member engagement at its clubs.”]]  View Original Article 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. Media & Marketing

Alphabet reports big fourth-quarter beat; stock pops

Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. Shares popped more than 9% in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July.
2 min read
0
5
  1. Holiday & Events

Retailers trot out 12-foot skeletons, haunted house cookie sets to boost Halloween sales

As retailers brace for a lackluster holiday season, many are planning to pump up sales early by dangling a wider assortment of Halloween merchandise. View Original Article Dept. Fuel Holiday & Events Merchandising Strategy 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. Department: Beverage

Why Monster Beverage is the best-performing stock of the last 30 years

Monster Beverage has grown its sales and stock price by appealing to younger blue-collar consumers interested in things such as motocross, UFC and video games. View Original Article Dept. Toys & Games Dept. Beverage Consumers Dept. Nonfood CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Operations & Supply Chain

GM second-quarter sales increase 18.8% as supply chain stabilizes

​[[“value”:”Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared to a year earlier.”]]  View Original Article Operations & Supply Chain Dept. Nonfood 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 […]
< 1 min read
0
  1. Stores & Formats

Nearly half of Levi’s sales are happening online and in its shops, a shift as department stores fade

Levi Strauss is now doing nearly half of its sales through its own website and stores, the company said when reporting fiscal first quarter earnings.  View Original Article Brick and Mortar Results & Investment 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. Channel: Mass

The lesson for Main Street from the Walmart, Target inventory failures

Big box retailers bet wrong on inventory and big markdowns followed as inflation and Covid changed consumer spending patterns. Main Street can do better. View Original Article Consumers Economy COVID19 Target Walmart Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
Next