SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will release its third quarter results today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that quarterly sales fell … Read more
Pedestrians walk past a Lululemon store. Scott Mill | CNBC Lululemon Athletica Inc. On Thursday, quarterly earnings and revenue beat analysts’ expectations as shoppers stocked up on workout gear even as soaring prices hurt apparel sales at other retailers. The company also raised its outlook for the year. Shares were up about 9% in after-hours … Read more
Pedestrians walk past a Lululemon store. Scott Mill | CNBC Lululemon Athletica Inc. On Thursday, quarterly earnings and revenue beat analysts’ expectations as shoppers stocked up on workout gear even as soaring prices hurt apparel sales at other retailers. The company also raised its outlook for the year. Shares were up about 9% in after-hours … Read more
People enter a store along a busy Manhattan shopping street on December 10, 2021 in New York City. Spencer Platt | Getty Images Job growth in August likely slowed from July’s blistering pace, but is still expected to have been quite strong, with widespread hiring across many sectors. Monthly jobs data is always important, but … Read more
An employee hands a shopping bag to a customer at an Old Navy store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap inc. Thursday withdrew its financial outlook for the year after posting a net loss in the fiscal second quarter and its Old Navy chain continued to struggle with the … Read more
A Gap Inc. employee works at a store in San Francisco. Getty Images Gap inc. Thursday withdrew its financial outlook for the year after posting a net loss in the fiscal second quarter and its Old Navy chain continued to struggle with the wrong mix of sizes and styles. The San Francisco-based company, which is … Read more
On Wednesday evening, executives at Nvidia Corp. predict another revenue drop in the current quarter, after confirming an earlier warning by showing a sharp reduction in profits, while the chipmaker assured analysts that it was working on its inventory before the release of its new chip. architecture. For the third fiscal year or current quarter, … Read more
On Wednesday evening, executives at Nvidia Corp. forecast another revenue drop in the current quarter, after confirming an earlier warning by showing a sharp reduction in profits, while the chipmaker assured analysts that it was working on its inventory ahead of the release of its new chip. architecture. For the third fiscal year or current … Read more
Jen-Hsun Huang, president and CEO of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on October 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia reported second-quarter earnings that beat Wall Street expectations for revenue and earnings per share. The report is in line with Nvidia’s … Read more
Jen-Hsun Huang, president and CEO of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on October 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia reported second-quarter earnings that beat Wall Street expectations for revenue and earnings per share. The report is in line with Nvidia’s … Read more