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Tag: fourth

Fourth of July celebrations at home are driving record fireworks sales

A shopper looks through fireworks for sale at Sky King Fireworks in Morrisville, Pennsylvania, U.S., June 24, 2020. Lucas Jackson | Reuters If you think you’re hearing more fireworks than usual this year, you probably are. Firework sellers say they are seeing huge gains in firework sales, with some seeing jumps of 200% to 300% …

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Gap (GPS) reports fourth quarter 2019 earnings

Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Gap Inc. on Thursday reported fourth-quarter earnings and sales that topped analysts’ estimates, as it announced a slew of new leadership changes. Its shares initially jumped more than 5% in after-hours trading on the news. The stock was recently up about …

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Nordstrom (JWN) reports fourth quarter 2019 earnings miss

Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Nordstrom announced Tuesday it is changing its leadership structure, appointing Erik Nordstrom as sole CEO and retiring its co-presidency. It announced the changes as it reported fourth-quarter earnings and sales …

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Kohl’s (KSS) reports fourth quarter 2019 earnings beat

Dina Rudick | The Boston Globe | Getty Images Kohl’s shares rose Tuesday morning as the retailer reported quarterly earnings and net sales that beat analysts’ expectations. CEO Michelle Gass said the chain saw an “acceleration of traffic,” and new customers in stores and online, with Kohl’s launching a slew of new brands ahead of …

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Wayfair (W) reports fourth-quarter 2019 earnings miss

A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Wayfair‘s stock tanked Friday morning, after the online furniture retailer’s losses widened more than expected during the holiday quarter. Its shares were recently down more than 15% in premarket trading. …

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JC Penney (JCP) reports fourth quarter 2019 earnings

A woman shops for clothing at the JC Penney store in the Roosevelt Field Mall in Garden City, New York. Saul Martinez | Bloomberg | Getty Images J.C. Penney‘s fourth-quarter earnings topped analysts’ expectations, despite steep sales declines during the holiday season, the company said Thursday morning. Its stock, which trades below $1, jumped more …

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L Brands (LB) reports fourth quarter 2019 earnings

Pedestrians walk past a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | Getty Images L Brands reported earnings and sales for the holiday quarter that topped analysts’ expectations, as it prepares to take its Victoria’s Secret lingerie business private. Its shares were relatively unchanged in after-hours trading …

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Shares of Groupon fall over 20% after fourth-quarter earnings and revenue miss estimates

Groupon Inc. signage is displayed at company headquarters in Chicago, Illinois Tim Boyle | Bloomberg | Getty Images Shares of Groupon dropped 25% during extended trading Tuesday after the company reported fourth-quarter financial results that missed analyst expectations for the top and bottom line. The e-commerce company reported fourth-quarter earnings of 7 cents per share excluding …

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Under Armour (UAA) fiscal fourth-quarter 2019 earnings miss estimates

An Under Armour store front is seen on November 04, 2019 in Sunrise, Florida. Joe Raedle | Getty Images Under Armour is calling for sales to drop in 2020, as it struggles to rally shoppers behind its sweat-wicking shirts and training sneakers, faced with heightened competition from Nike and Lululemon. The company also said Tuesday …

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Lidl to build fourth distribution center to service growing U.S. store base

Get great content like this right in your inbox. Subscribe Lidl is expanding in the South. The discount grocer announced it will build a $100 million regional distribution center in Covington, Georgia. The 925,000-sq.ft. facility will serve as a regional headquarters and will supply products to Lidl stores across the region. To date, Lidl has …

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