Urban Outfitters Inc. Sales Review
Struggles Continue for Urban Outfitters Urban Outfitters Inc. announced on Tuesday that it is conducting a thorough review of all aspects of its struggling namesake stores, following another quarter of…
Central Garden & Pet Reports Profit in Latest Quarter
Shares of Central Garden & Pet surged 8.8% to $42.44 following the company's announcement of a profitable quarter. Central Garden & Pet, a company specializing in pet and garden products,…
Tesla Faces Challenges in Chinese Market
Tesla's production in China saw a decline in January compared to December, leading to concerns on Wall Street about the company's first-quarter deliveries in 2024. While Tesla does not disclose…
Spectrum Brands Holdings Reports Profit in Q1 Despite Lower Sales
Spectrum Brands Holdings, the manufacturer of hairbrushes and toaster ovens, has announced a profit of $29.1 million, or 85 cents a share, for the first quarter of its fiscal year.…
Apple Wins Temporary Reprieve from U.S. Government Ban on Apple Watch Sales
Apple has successfully obtained a temporary reprieve from a U.S. government ban on the sale of certain Apple Watch models. This ruling comes after the U.S. International Trade Commission (ITC)…
Moderna Announces Company Reorganization
Moderna Inc. has recently revealed a strategic reorganization aimed at enhancing focus on two key initiatives: driving sales for its COVID vaccine, Spikevax, and preparing for the anticipated launch of…
Shopify’s Black Friday Sales Rise 22%, Analysts Express Concerns Over Valuation
Piper Sandler analysts Clark Jeffries and Wayne Trinh have downgraded Shopify stock to Underweight from Neutral, citing "an untenable valuation." They also lowered their price target to $56 from $58.…
Lowe’s Faces Challenges in the Third Quarter
Lowe’s is anticipated to face challenges from slow home sales as it reports its third-quarter results on Tuesday. While both Lowe’s (LOW) and Home Depot (HD) have been navigating a…
Yeti Holdings Reports Flat Sales in Q3
Yeti Holdings, the popular maker of coolers and insulated drinkware, reported flat sales in the third quarter. Despite grappling with the fallout from a voluntary recall earlier this year, the…
Avery Dennison Reports Decrease in Net Income for Q3
By Rob Curran Avery Dennison, a leading manufacturer of tags, labels, and specialty materials, has announced a significant decline in net income for the third quarter. The company's sales have…
H&M to Report Q3 Results
Sales Hennes & Mauritz (H&M), the Swedish fashion retailer, is set to announce its fiscal third quarter results on Wednesday. The company has already provided a preliminary sales figure, showing…
The iPhone 15 Preorders Paint a Promising Picture for Apple
Apple (ticker: AAPL) has recently faced skepticism from analysts about whether the release of the iPhone 15 will boost sales. However, new data is emerging that could change this perspective.…