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Financial Markets

Macy’s Net Jumped 23% While Sales Slump Lingered

Macy’s Inc., the largest U.S. department-store chain, posted a 23 percent gain in net income last quarter after the company cut expenses, helping it weather disappointing sales.

Financial Markets

Macy’s Net Jumped 23% While Sales Slump Lingered

Macy’s Inc., the largest U.S. department-store chain, posted a 23 percent gain in net income last quarter after the company cut expenses, helping it weather disappointing sales.


Retail

Fossil Group Tops 3Q Forecasts

Fossil Group Inc. on Tuesday reported third-quarter earnings of $103.7 million. The results beat Wall Street expectations.

Retail

Fossil Group Tops 3Q Forecasts

Fossil Group Inc. on Tuesday reported third-quarter earnings of $103.7 million. The results beat Wall Street expectations.


Financial Markets

Burberry H1 Profit Drops in Difficult Luxury Environment

LONDON, United Kingdom — Burberry Group Plc said it sees a tougher climate for luxury goods after currency fluctuations led the U.K. maker of $1,600

Financial Markets

Burberry H1 Profit Drops in Difficult Luxury Environment

LONDON, United Kingdom — Burberry Group Plc said it sees a tougher climate for luxury goods after currency fluctuations led the U.K. maker of $1,600


Financial Markets

Abercrombie Plunges After 3Q Earnings Miss Estimates

NEW YORK, United States – Abercrombie & Fitch Co., the clothing chain struggling to win back once-loyal teen shoppers, fell as much as 14 percent

Financial Markets

Abercrombie Plunges After 3Q Earnings Miss Estimates

NEW YORK, United States – Abercrombie & Fitch Co., the clothing chain struggling to win back once-loyal teen shoppers, fell as much as 14 percent


Financial Markets

Gap Shares Surge After 3Q Earnings Exceed Estimates

Gap Inc. shares rose as much as 6.1 percent in late trading after preliminary third-quarter earnings topped analysts’ estimates, helped by cost cuts and a tax gain.

Financial Markets

Gap Shares Surge After 3Q Earnings Exceed Estimates

Gap Inc. shares rose as much as 6.1 percent in late trading after preliminary third-quarter earnings topped analysts’ estimates, helped by cost cuts and a tax gain.


Financial Markets

Kate Spade Reports 3Q Loss

Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.

Financial Markets

Kate Spade Reports 3Q Loss

Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.