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United States

Nivedita Balu

Nike shares dip on North America weakness but Wall Street remains upbeat

Mar 22 2019

Shares of Nike Inc fell 4 percent on Friday after the sportswear maker's North America sales fell short of estimates for the first time in a year, but Wall Street analysts seemed more enthused about its new products and online growth.

UPDATE 3-Conagra tops profit estimates, signals improvement at Pinnacle

Mar 21 2019

March 21 Conagra Brands Inc's quarterly profit beat Wall Street estimates on Thursday, as the Reddi-wip and Slim Jim beef jerky maker raised prices to make up for higher transportation and commodity costs, sending its shares up more than 11 percent in morning trading.

Abercrombie expects redesigned stores to boost 2019 sales, shares surge

Mar 07 2019

(This March 6 story, corrects paragraph 2 to say company will be closing up to 40 stores, not 40 stores; also drops reference to on-trend clothing boosting demand for the Abercrombie brand)

Kroger's $3 billion splurge set to hit earnings, shares slide

Mar 07 2019

Kroger Co projected annual profit below Wall Street estimates on Thursday, as the grocer spends billions of dollars on modernizing its stores and delivery to compete better with Walmart and Amazon.

Gap shares surge 24 percent as Wall Street praises split

Mar 01 2019

Gap Inc shares surged as much as 24 percent on Friday as a number of Wall Street analysts lauded the company's decision to separate its better-performing Old Navy brand. | Video

Gap shares surge 25 pct as Wall Street praises split

Mar 01 2019

March 1 Gap Inc shares surged 25 percent on Friday as a number of Wall Street analysts lauded the company's decision to separate its better-performing Old Navy brand.

J.C. Penney fourth-quarter results beat estimates, shares surge 31 percent

Feb 28 2019

J. C. Penney Co Inc on Thursday reported quarterly results that topped estimates as the struggling retailer sold more jewelry and women's, men's and children's apparel during the key holiday shopping season. | Video

Lowe's predicts more home renovations this year after strong profit

Feb 27 2019

U.S. home improvement chain Lowe's beat Wall Street earnings forecasts on Wednesday, and predicted that more Americans would renovate their houses this year rather than buy a home in a market where prices are rising.

'Cold, snowy, wet': Home Depot suffers as winter hits house makeovers

Feb 26 2019

Home Depot Inc missed Wall Street forecasts for quarterly sales on Tuesday, as a snowy winter prevented many Americans from remodeling home exteriors in a housing market that is slowing on the back of high prices.

How U.S. retailers turn their bane into boon with 'click and collect'

Feb 25 2019

As retail casualties such as Sears or Toys 'R' Us kept piling up, costly real estate often got the blame for traditional retailers' struggle to keep up with e-commerce rivals.

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