Kroger shares slid 4% premarket after missing Q2 earnings estimates and lowering its full-year same-store sales growth guidance to 0.2%-0.8%. The cut was driven by pharmacy revenue pressure and broad…
Goldman Sachs CEO David Solomon delivered a constructive outlook on the U.S. economy, highlighting consumer resilience and corporate profit growth. He projected that multi-year enterprise AI investme…
Lowe's reported Q2 sales of $26 billion with comparable sales up 0.2%, trimming full-year guidance to the lower end amid subdued DIY spending, elevated fuel costs, and high interest rates suppressing…
Visa and Mastercard shares hit record highs on strong consumer spending. Visa reported a 14% year-over-year revenue increase to $11.6 billion for fiscal Q3, bolstered by double-digit growth in transa…
A survey of e-commerce fulfillment executives shows 93% expect rising demand for the upcoming peak retail season. Despite climbing operational costs and complexity, logistics leaders maintain high co…
Walmart shares pulled back post-earnings due to elevated Wall Street expectations and decelerating US same-store sales. Meanwhile, rival Amazon continues applying pressure across e-commerce and its t…
Ross Stores raised its fiscal 2026 outlook following strong Q2 results, with total sales climbing 13% to $6.3 billion and EPS reaching $2.66. Growth was driven by robust customer traffic, tariff refu…
Walmart plunged over 9% following its slowest comparable-sales growth in six years. While store traffic remained resilient, smaller basket sizes and price cuts indicate consumers are becoming increas…
Walmart plunged 9.2% despite raising full-year outlook as U.S. comparable sales growth slowed to 2.6%. Weaker ticket growth and high valuation multiples triggered heavy selling, raising concerns over…
Target delivered strong quarterly earnings with same-store sales rising 3.8% and total revenue up 5.3%. Driven by AI-assisted merchandising and increased foot traffic, the retailer's strategic turnar…
Walmart's stock tumbled after Q2 U.S. comparable sales missed expectations despite beating revenue. Walmart is deploying a $2.9 billion tariff refund into aggressive price cuts to counter consumer sp…
Target surpassed Q2 earnings expectations, driven by an 8.7% rise in digital sales and a one-time tariff refund. Adjusted EPS grew 20% year-over-year, prompting management to raise full-year EPS guid…
Walmart shares plunged over 8% after missing comparable sales expectations despite a $2.9 billion tariff refund. In contrast, Target rallied by beating earnings and sales estimates even when excludin…
Walmart shares dropped despite raising full-year earnings guidance, down 15% since mid-May. Investors are weighing retail sector margin pressures against potential catalyst factors that could reverse…
Walmart beat earnings expectations but shares fell sharply pre-market following weak U.S. same-store sales growth and lowered forward guidance, dampening sentiment across consumer retail.
Target delivered a massive second-quarter earnings beat, driven by merchandise overhauls, price cuts, and rising traffic. Net sales rose 5.3% year-over-year to $26.5 billion, while comparable sales g…
McDonald's reported a sharp slowdown in U.S. same-store sales to 0.8% in Q2, with July turning negative amid value menu missteps. The company replaced its U.S. head and delayed its 50,000-restaurant …
Home Depot beat Q2 revenue and profit forecasts as demand for smaller home projects offset high mortgage rates and a sluggish housing market. Total revenue rose 6% to $47.9 billion, while same-store …