Wal-Mart Beats Expectations; Stock Jumps
Wal-Mart Stores Inc on Thursday reported a higher-than-expected quarterly profit as increased drug prices and solid demand for basic apparel items boosted sales, and its shares jumped more than 7 percent.
Surge In Wal-Mart, Cisco Shares Set to Give Dow Big Boost
Shares of Wal-Mart Stores and Cisco will give the Dow Jones Industrial Average's a big boost early Thursday
Target Delivers Mixed Results, Shares Sink
Target's mixed bag drags down shares of rivals like Wal-Mart Stores Inc, and follows disappointing sales reports from other retailers, including Macy's Inc and JC Penney.
Staples Offers In-Line View as Profit, Sales Decline
Staples, whose merger with Office Depot was blocked last week by a federal judge, said profit fell 30% as same-store sales declined in the latest quarter.
Lowe's 1Q Earnings Top Expectations
Lowe’s reported a 1Q profit of $0.98 per share, topping the estimate for $0.85. Revenue of $15.2 billion, also beat the estimate for $14.87 billion.
Rising Home Values Lift Home Depot to Big Quarter
Rising home values are encouraging homeowners to open their wallets. Home Depot raised its 2016 outlook after demand for DIY products and big-ticket items outstripped expectations in the first quarter.
Retailer TJX's 1Q Sales Rise About 10%
TJX, the owner of off-price chain T.J. Maxx, reported a 9.9 percent rise in quarterly sales as value-conscious shoppers flocked to its stores for off-priced clothes and accessories.
Home Depot Raises Forecasts After Strong Start to the Year
Home Depot boosted its sales and profit forecasts for the year after a stronger-than-expected first quarter, providing a rare dose of good news to a gloomy retail sector.
Home Depot vs. Lowe's: Earnings Ahead
A multiyear rebound in the housing market has sparked a huge rally for the two main home improvement retailers.
Shipped: Shoppers Ditch Physical Stores for Online
For American consumers, it’s all about the box, not the bag.
J.C. Penney Reports 1Q Loss, Sales Drop
U.S. department store operator J.C. Penney joined rivals including Macy's and Kohl's in reporting a drop in sales in a quarter marked by a slump in apparel demand.
Shake Shack Results Beat Estimates, Raises Forecast
Shake Shack, known for its juicy antibiotic-free hamburgers and frozen custard shakes, on Thursday reported results that topped expectations and raised its same-restaurant sales forecast for the year.
Nordstrom Shares Slammed After Earnings
The department store operator reported a drop in first-quarter sales at established stores and slashed profit expectations for the year, adding to the gloom in the department store sector.
Shake Shack Earnings Juiced From Chicken Sandwich Success
Shake Shack Inc, known for its juicy antibiotic-free hamburgers and frozen custard shakes, on Thursday reported higher-than-expected first-quarter restaurant sales, sending its shares up nearly 9 percent.
Kohl's Reports First Drop in Net Sales in Six Quarters
Department store operator Kohl's reported its first drop in net sales in six quarters as unseasonably cool weather in late March and early April hurt sales of spring apparel.
Disney Is Not Down And Out, Despite Stock Slide
Walt Disney (NYSE:DIS) stock fell more than four points in early trading Wednesday after struggles in the cable networks segment caused the company to miss Wall Street’s sky-high estimates for its second quarter earnings.
Disney Shares Sink As Expectations Outpace Reality
For Walt Disney's Peter Pan, flying was "all a matter of faith and trust." Investors in Walt Disney Co showed a lack of both in the company's stock on Wednesday.
Macy's Sales Fall as Apparel Demand, Tourist Spend Stay Weak
Macy’s reported an adjusted 1Q profit of $0.40 per share, topping the estimate for $0.36. Revenue of $5.77 billion, missed the estimate for $5.92 billion.
Wendy's Raises Forecast, Profit Beats Estimates
Burger chain Wendy's raised its full-year profit forecast and reported a higher-than-expected quarterly profit, as new promotions such as its '4 for $4 meal' and renovated restaurants attracted more diners.
Toyota Says Net Profit to Plunge This Year on Strong Yen
Toyota Motor forecast on Wednesday a plunge in net profit for the current year, snapping three straight years of record profit, hit by a sharp appreciation in the yen.




















