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The Latest Breaking News from Lorraine Hutchinson

Nike's Sales, Margins Show Progress — But Tariffs Still Cast A Shadow

Could the iconic swoosh be gearing up for a surprise sprint in the latter half of the year? As whispers of a potential turnaround ripple through Wall Street, Nike Inc. (NYSE:NKE) is signaling progress toward a second-half recovery, with improving sales trends, cleaner inventories, and stronger wholesale orders.

Benzinga

Lululemon Plunges As Analysts Downgrade Stock On Weaker Sales Outlook

Shares of Lululemon Athletica Inc (NASDAQ:LULU) tanked in early trading on Friday, after the company reported mixed second-quarter results.

Benzinga

Why Lululemon's Global Expansion Could Outweigh North America Slowdown

Lululemon Athletica Inc. (NASDAQ:LULU) faces investor concerns over slowing North America growth and rising discounting, but its strong brand, innovation pipeline, and global expansion keep it positioned as a resilient retail growth story.

Benzinga

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Ross Benefits From Value Shoppers But Tariff Challenges Continue

Ross Stores, Inc. (NASDAQ:ROST) shares traded little changed on Friday after the off-price retailer delivered second-quarter earnings of $1.56 per share, surpassing analyst estimates of $1.53. Results were tempered by an approximate 11-cent per share negative impact from tariff-related costs.

Benzinga

Nike Beats The Street And Says The Worst Is Over

Shares of Nike Inc. (NYSE:NKE) rallied during Friday’s trading session after the company reported upbeat fiscal fourth-quarter results on Thursday.

Benzinga

Nike Q4 Earnings Preview: Market Expert Says 'Things Aren't Looking Good'

Footwear and apparel leader Nike Inc (NYSE:NKE) could highlight a continued turnaround effort and its go-forward growth strategy when it reports fourth-quarter financial results after the market closes on Thursday.

Benzinga

Nike stock falls amid CEO transition at shoe giant

Analysts appear largely confident in Elliott Hill’s ability to spark a revival at Nike, but many also see a stock in limbo short-term.

Fortune

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Is It Time to Scoop Up the Worst-Performing S&P 500 Stock of 2024 So Far?

While Lululemon shares have suffered this year, ranking among the S&P 500 Index’s worst performers, could now be the perfect time to pounce on this overlooked opportunity?

Barchart

Stock Market Today: Nasdaq Leads as Magnificent 7 Stocks Rise

Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.

Kiplinger

Lululemon Shines In Tough Apparel Sector, Analysts Say: 'Execution At Its Finest'

Lululemon Athletica (NASDAQ: LULU) reported second-quarter financial results after the market closed Thursday. Here’s what analysts are saying about the apparel and footwear company. The Analysts:

Benzinga

Why These 3 Foot Locker Analysts Are More Excited About New CEO Than Q2 Results

Shares of Foot Locker, Inc. (NYSE: FL) climbed on Friday, after the company reported better-than-expected earnings for the second quarter and announced that former CEO of Ulta Beauty Inc (NASDAQ: ULTA) Mary N.

Benzinga

5 Kohl's Analysts On Bloated Inventory, Guidance Cut: 'Fundamentals Are Likely To Get Worse'

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth.

Benzinga

Gap Analysts React To Mixed Q1 Earnings: 'Disappointed, But Not Surprised'

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance.

Benzinga

4 Urban Outfitters Analysts React To Q1 Earnings Miss, Rising Costs, Growing Inventory

Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers.

Benzinga

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Benzinga

4 Nordstrom Analysts React To Mixed Q1 Earnings: 'We Remain Skeptical'

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance.

Benzinga

4 Ross Analysts React To Q1 Earnings Miss, Guidance Cut, Execution Missteps

Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers.

Bangkok Post

How Bricks Might Save Clicks

The future of e-commerce could be coming to a local mall near you.

Benzinga

5 Nike Analysts Praise Q3 Earnings Beat, Booming North American Sales Growth

Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market.

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