Nordstrom shares climb 5% as earnings top estimates, but retailer issues cautious guidance
Nordstrom has been working to cut costs and improve operations as it contends with softening demand for luxury goods. Source
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Breaking News: Earnings
Macy’s cuts sales forecast as department stores struggle to draw shoppers
Macy's beat quarterly earnings expectations but it cut its sales forecast for the full year. Source link
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Target will report earnings before the bell. Here’s what to expect
Sales at the cheap chic retailer Target have gotten hit as consumers buy less discretionary merchandise. Source link
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Walmart reports its earnings before the bell. Here’s what to expect
Walmart will report its quarterly earnings as economists and investors seek clarity about the consumer and the economy. Source link
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E.l.f. Beauty sales jump 50% on gains in color cosmetics and skin care, launch of Bronzing Drops serum
E.l.f. Beauty has won over younger consumers with its viral marketing and low-priced "dupes" of prestige favorites. Source link
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Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
Paramount Global plans to cut 15% of its U.S. workforce as part of a broader $500 million cost reduction. Source
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Warner Bros. Discovery stock falls as it writes down $9.1 billion, misses estimates
Warner Bros. Discovery reports earnings after the bell. Source link
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Rivian tops Wall Street’s second-quarter expectations amid cost cuts
Rivian beat Wall Street's top- and bottom-line expectations for the second quarter as the electric vehicle maker continues to take
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Exxon earnings beat as production in Guyana and Permian sets a record
ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, helped by record production
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