Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
earnings-report
Financial Markets
Nike Investors Cheer First North America Sales Gain Since 2017
The sneaker giant’s North American sales rose 3 percent, its first uptick in four quarters — a sign that the company’s new products are catching on with US shoppers.
Nike Investors Cheer First North America Sales Gain Since 2017
The sneaker giant’s North American sales rose 3 percent, its first uptick in four quarters — a sign that the company’s new products are catching on with US shoppers.
Luxury
Chanel Reveals $10 Billion Revenue for First Time
The fashion group released full-year earnings for the first time, posting revenues of $9.62 billion for 2017, an 11 percent rise from a year earlier.
Chanel Reveals $10 Billion Revenue for First Time
The fashion group released full-year earnings for the first time, posting revenues of $9.62 billion for 2017, an 11 percent rise from a year earlier.
Retail
Lululemon Hits Record High on Revamped Stores
Lululemon's recent push to renovate stores paid off in the latest quarter, with traffic rising in the mid-single digit range.
Lululemon Hits Record High on Revamped Stores
Lululemon's recent push to renovate stores paid off in the latest quarter, with traffic rising in the mid-single digit range.
Financial Markets
Lululemon First-Quarter Profit Beats Expectations
The Canadian athletic apparel maker posted first-quarter profit that beat expectations, as revenue jumped 25 percent.
Lululemon First-Quarter Profit Beats Expectations
The Canadian athletic apparel maker posted first-quarter profit that beat expectations, as revenue jumped 25 percent.
Financial Markets
American Eagle Outfitters Sees Record First-Quarter Sales
The company was boosted by strong demand for its Aerie line of lingerie.
American Eagle Outfitters Sees Record First-Quarter Sales
The company was boosted by strong demand for its Aerie line of lingerie.
Luxury
Calvin Klein Owner PVH Beats Sales, Profit Estimates
Calvin Klein's sales rose 18 percent in the reported quarter, while Tommy Hilfiger reported sales growth of 21 percent.
Calvin Klein Owner PVH Beats Sales, Profit Estimates
Calvin Klein's sales rose 18 percent in the reported quarter, while Tommy Hilfiger reported sales growth of 21 percent.
Financial Markets
Gap Misses First-Quarter Same-Store Sales Estimates
Comparable sales rose 1 percent, while analysts were expecting a 1.67 percent uptick.
Gap Misses First-Quarter Same-Store Sales Estimates
Comparable sales rose 1 percent, while analysts were expecting a 1.67 percent uptick.
Financial Markets
Urban Outfitters First-Quarter Sales Beat Estimates
Net sales rose 12.4 percent to $855.7 million, beating analysts' average estimate of $838.1 million.
Urban Outfitters First-Quarter Sales Beat Estimates
Net sales rose 12.4 percent to $855.7 million, beating analysts' average estimate of $838.1 million.
Financial Markets
Bargain-Hungry Shoppers Help TJX Beat Sales Estimates
Online shopping has taken a toll on traditional brick-and-mortar stores, but TJX has not seen huge cuts in inventory and store closures.
Bargain-Hungry Shoppers Help TJX Beat Sales Estimates
Online shopping has taken a toll on traditional brick-and-mortar stores, but TJX has not seen huge cuts in inventory and store closures.
Luxury
Richemont Buys Back More Unsold Watches, Holding Back Profit
Shares slumped as much as 7 percent as earnings missed estimates.
Richemont Buys Back More Unsold Watches, Holding Back Profit
Shares slumped as much as 7 percent as earnings missed estimates.
Financial Markets
Nordstrom Sales Disappoint as Reality of Staying Public Sets In
The department store's comparable sales missed analysts’ estimates in its first quarter earnings.
Nordstrom Sales Disappoint as Reality of Staying Public Sets In
The department store's comparable sales missed analysts’ estimates in its first quarter earnings.
Financial Markets
Walmart E-Commerce Sales Rebound
The company said it is on track to increase US e-commerce sales by 40 percent for the full year, after a sharp slowdown during the crucial holiday quarter.
Walmart E-Commerce Sales Rebound
The company said it is on track to increase US e-commerce sales by 40 percent for the full year, after a sharp slowdown during the crucial holiday quarter.
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.