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Abercrombie raises full-year sales forecast on robust apparel demand; shares surge

Abercrombie raises full-year sales forecast on robust apparel demand; shares surge

Aug 26 (Reuters) - Abercrombie & Fitch raised its full-year sales and profit forecasts on Wednesday as resilient demand for its apparel brands offset weakness in its international markets, sending the retailer's shares up 22% in early trading.
Reuters Reuters
Kohl's sales dampened by weak discretionary spending, shares fall 8%

Kohl's sales dampened by weak discretionary spending, shares fall 8%

By Anuja Bharat Mistry, Shania S Thomas and Danielle Kaye Aug 26 (Reuters) - Kohl's on Wednesday missed Wall Street estimates for second-quarter sales as muted spending on women's clothing and skincare products offset gains from the department-store chain's push to revitalize the ​business.
Reuters Reuters
Kohl's misses sales estimates on cautious discretionary spending

Kohl's misses sales estimates on cautious discretionary spending

Aug 26 (Reuters) - Kohl's missed Wall Street estimates for second-quarter sales on Wednesday, as muted consumer spending on discretionary items offset gains from the department chain's turnaround push, sending its shares down about 5% before the bell.
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V.F. Corporation Receives 'Hold' Recommendation from Analysts Amidst Stock Fluctuations

V.F. Corporation Receives 'Hold' Recommendation from Analysts Amidst Stock Fluctuations

V.F. Corporation Receives 'Hold' Recommendation from Analysts Amidst Stock Fluctuations
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J. M. Smucker Company Experiences Unusually High Options Volume Ahead of Earnings

J. M. Smucker Company Experiences Unusually High Options Volume Ahead of Earnings

J. M. Smucker Company Experiences Unusually High Options Volume Ahead of Earnings
Reuters Reuters
Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge

Dick's Sporting cuts forecasts as weak sneaker demand trips Foot Locker, shares plunge

By Angela Christy M Aug 25 (Reuters) - Dick's Sporting Goods cut its full-year forecasts and signaled that bloated inventory and heavy discounting in the legacy footwear market were weighing on its recently acquired Foot Locker business.
Reuters Reuters
Bath & Body Works forecasts wider-than-expected third quarter sales decline on weak store traffic

Bath & Body Works forecasts wider-than-expected third quarter sales decline on weak store traffic

By Sanskriti Shekhar and Danielle Kaye Aug 26 (Reuters) - Bath & Body Works forecast a wider-than-expected decline in current-quarter sales on Wednesday, as the personal care brand struggles through weak store traffic in the early stages of a turnaround.
TheStreet TheStreet
Walmart stock price target reset by JPMorgan after earnings

Walmart stock price target reset by JPMorgan after earnings

JPMorgan adjusted its Walmart stock price target after the retailers quarterly update.
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Gamco Investors INC. ET AL Reduces Holdings in Freeport-McMoRan Inc.

Gamco Investors INC. ET AL Reduces Holdings in Freeport-McMoRan Inc.

Gamco Investors INC. ET AL Reduces Holdings in Freeport-McMoRan Inc.
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IEQ Capital LLC Acquires Significant Stake in Otis Worldwide Corporation

IEQ Capital LLC Acquires Significant Stake in Otis Worldwide Corporation

IEQ Capital LLC Acquires Significant Stake in Otis Worldwide Corporation
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Daiichi Life Insurance Co. Ltd. Acquires New Stake in Archer Daniels Midland Company

Daiichi Life Insurance Co. Ltd. Acquires New Stake in Archer Daniels Midland Company

Daiichi Life Insurance Co. Ltd. Acquires New Stake in Archer Daniels Midland Company
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Quantbot Technologies LP Acquires Significant Stake in T. Rowe Price Group

Quantbot Technologies LP Acquires Significant Stake in T. Rowe Price Group

Quantbot Technologies LP Acquires Significant Stake in T. Rowe Price Group