US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
earnings-report
Financial Markets
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Financial Markets
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
Financial Markets
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Financial Markets
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
Financial Markets
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Financial Markets
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
Financial Markets
Neiman Marcus Same-Store Sales Falls for First Time in Six Years
Neiman Marcus Group Ltd LLC swung to a quarterly loss from a profit a year ago and reported its first drop in same-store sales in six years, the latest blip in the company's roadmap to going public again.
Neiman Marcus Same-Store Sales Falls for First Time in Six Years
Neiman Marcus Group Ltd LLC swung to a quarterly loss from a profit a year ago and reported its first drop in same-store sales in six years, the latest blip in the company's roadmap to going public again.
Financial Markets
Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss
Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.
Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss
Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.
Financial Markets
Mulberry Ekes Out Profit as New Creative Head Coca Settles in
Mulberry Group Plc said its revival remains on track after digital investment and more efficient practices at its UK factories helped the handbag maker swing to a first-half profit.
Mulberry Ekes Out Profit as New Creative Head Coca Settles in
Mulberry Group Plc said its revival remains on track after digital investment and more efficient practices at its UK factories helped the handbag maker swing to a first-half profit.
Financial Markets
Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds
Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.
Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds
Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.
Financial Markets
Gap Sales at Established Stores Slide 8 Percent in November
Gap's struggles continued in November, with sales at established stores sliding a worse-than-expected 8 percent.
Gap Sales at Established Stores Slide 8 Percent in November
Gap's struggles continued in November, with sales at established stores sliding a worse-than-expected 8 percent.
Financial Markets
Mall Retailers Tumble on Fresh Concerns About Apparel Demand
Shares of Aeropostale Inc., Express Inc. and American Eagle Outfitters Inc. all tumbled on Thursday after earnings results renewed concerns that the market is in a slump.
Mall Retailers Tumble on Fresh Concerns About Apparel Demand
Shares of Aeropostale Inc., Express Inc. and American Eagle Outfitters Inc. all tumbled on Thursday after earnings results renewed concerns that the market is in a slump.
The News in Brief
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.