Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
earnings-forecast
Financial Markets
Ascena Retail Beats 3Q Profit Forecasts
Ascena Retail Group Inc. has reported fiscal third-quarter earnings of $15 million.
Ascena Retail Beats 3Q Profit Forecasts
Ascena Retail Group Inc. has reported fiscal third-quarter earnings of $15 million.
Financial Markets
J.C. Penney Revenue Misses Estimates, Extending Retail Woes
J.C. Penney Co. posted first-quarter revenue that trailed analysts’ estimates, becoming the latest US retailer affected by a consumer malaise that’s weighing on department-store sales.
J.C. Penney Revenue Misses Estimates, Extending Retail Woes
J.C. Penney Co. posted first-quarter revenue that trailed analysts’ estimates, becoming the latest US retailer affected by a consumer malaise that’s weighing on department-store sales.
Financial Markets
Adidas Cuts Short Chelsea Soccer Deal, Raises Profit Forecast
Adidas is ending its shirt sponsorship deal with English soccer side Chelsea six years early as part of a shift in its marketing strategy away from clubs.
Adidas Cuts Short Chelsea Soccer Deal, Raises Profit Forecast
Adidas is ending its shirt sponsorship deal with English soccer side Chelsea six years early as part of a shift in its marketing strategy away from clubs.
Financial Markets
Thrifty Tourists, Weaker China Curb Tod's Sales and Forecasts
Tod's warned it would be challenging to meet expectations of a four percent revenue increase this year, as first quarter sales fell due to weaker demand in China and shrinking tourist spending.
Thrifty Tourists, Weaker China Curb Tod's Sales and Forecasts
Tod's warned it would be challenging to meet expectations of a four percent revenue increase this year, as first quarter sales fell due to weaker demand in China and shrinking tourist spending.
News & Analysis
Macy’s Cuts Profit Forecast as Sluggish Traffic Weighs on Sales
Macy’s Inc., the largest US department-store company, cut its profit forecast for this year and posted first-quarter revenue that missed analysts’ estimates as slow mall traffic hurt sales.
Macy’s Cuts Profit Forecast as Sluggish Traffic Weighs on Sales
Macy’s Inc., the largest US department-store company, cut its profit forecast for this year and posted first-quarter revenue that missed analysts’ estimates as slow mall traffic hurt sales.
Financial Markets
Fitbit Shares Slide as Profit Forecast Misses Estimates
Fitbit Inc. shares plunged in extended trading after the maker of wearable fitness trackers gave a profit forecast that fell short of the lowest analysts’ estimates.
Fitbit Shares Slide as Profit Forecast Misses Estimates
Fitbit Inc. shares plunged in extended trading after the maker of wearable fitness trackers gave a profit forecast that fell short of the lowest analysts’ estimates.
The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.